US cancelling another $175 million in California high-speed rail projects
(Reuters) -The U.S. Transportation Department said on Tuesday it is cancelling $175 million for four projects that are part of…
DOJ to appeal ruling disqualifying Trump lawyer Habba as New Jersey prosecutor
WASHINGTON (Reuters) -The U.S. Justice Department on Monday indicated it would appeal a judge’s ruling barring Alina Habba, a former…
SpaceX aims to overcome Starship setbacks with tenth flight test
By Joey Roulette WASHINGTON (Reuters) -Elon Musk’s SpaceX will try to launch its giant Starship rocket for a tenth time…
Trump says China has to give US magnets or face 200% tariff
(Reuters) -President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have…
Fed’s Logan sees room to lower reserves, expects uptick in SRF use next month
By Ann Saphir (Reuters) -Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has…
Buffett shoots down talk of Berkshire railroad merger, CSX shares slide
By Sabrina Valle (Reuters) -Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his…
Paramount preparing to cut as many as 3,000 jobs by early November, Variety reports
(Reuters) -Paramount is looking to cut between 2,000 to 3,000 jobs by early November, after the completion of its merger…
Spirit Airlines hires advisers to weigh options after revamp efforts falter, WSJ reports
(Reuters) -Spirit Airlines has engaged advisers to explore strategic options after its financial restructuring fell short of securing a sustainable…
China proposes draft rules on internet platform pricing
SHANGHAI (Reuters) -China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by…
Analysis-Did Trump save Intel? Not really
By Jaspreet Singh, Max A. Cherney and Sayantani Ghosh SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9…