Boeing production of Patriot component hits record
By Mike StoneWASHINGTON (Reuters) – Boeing said on Tuesday it had ramped up production of a critical component for Patriot air defense interceptor missiles – the seeker that identifies and tracks efforts to knock them down – to meet growing demand...
CBS urges FCC to quickly reject ’60 Minutes’ Harris complaint
WASHINGTON (Reuters) – CBS on Tuesday urged the Federal Communications Commission to immediately dismiss a complaint over a “60 Minutes” interview with then-Vice President Kamala Harris, saying there was no evidence of “news distortion.”...
US copper imports soar to 500,000 tons amid tariff threats, says Bloomberg
(Reuters) – Mercuria estimates that about 500,000 tons of copper are heading to the U.S., against normal monthly imports of around 70,000 tons, triggered by the potential imposition of tariffs, Bloomberg said in a report on Monday.This massive amount of copper...
US turns to Brazil for eggs and considers other sources during bird flu outbreak
By Tom Polansek and Leah Douglas(Reuters) -The U.S. has almost doubled imports of Brazilian eggs once used only for pet food and is considering relaxing regulations for eggs laid by chickens raised for meat, as President Donald Trump’s administration seeks to...
Former Intel CEO Gelsinger joins religious-oriented tech firm Gloo for AI push
By Stephen NellisSAN FRANCISCO (Reuters) – Gloo, a Boulder, Colorado-based firm that offers technology tools to Christian churches and other faith groups, said on Monday that Pat Gelsinger is joining the firm as its head of technology and executive chairman,...
First-quarter US earnings outlook looks less rosy with tariff worries in focus
By Caroline ValetkevitchNEW YORK (Reuters) – Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year, with the Trump administration’s policies threatening to trigger a global trade war that could undermine economic...
Hedge funds bet against builders, financial firms and energy in Europe, says Goldman Sachs
By Nell MackenzieLONDON (Reuters) -Global hedge funds sold European stocks for the second straight week in a row with a focus on the region’s financial, materials, energy and industrial companies, Goldman Sachs data for the week ending March 21 showed. Hedge...
Tesla jumps as possible tariff leeway, lower share price draw investors
By Deborah Mary Sophia and Akash Sriram(Reuters) -Tesla shares surged 9% on Monday after this year’s steep decline following reports the Trump administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April...