Stressed US companies restructured more debt in April
By Shankar Ramakrishnan (Reuters) -Debt restructuring by financially stressed U.S. companies rose nearly 60% in April, data from JPMorgan showed…
Buffett’s Dairy Queen on guard as tariffs weigh on desire to dine out
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway, has seen signs that consumers are…
US will not pay for California high-speed rail, Trump says
By David Shepardson and Steve Holland WASHINGTON (Reuters) – The U.S. government will not pay for a high-speed rail line…
SpaceX gets FAA approval to ramp up Starship launches from Texas
By Joey Roulette WASHINGTON (Reuters) -SpaceX received key U.S. regulatory approval on Tuesday to increase the annual rate of Starship…
Pharma imports to US surged in March as drugmakers look to avoid tariffs
By Michael Erman NEW YORK (Reuters) -Pharmaceutical imports to the U.S. surged in March as drugmakers stocked up ahead of…
How Trump’s own words helped him lose a fight with law firm Perkins Coie
By Mike Scarcella WASHINGTON (Reuters) – Along with its constitutional arguments, law firm Perkins Coie wielded another powerful weapon in…
Kremlin says Trump-Putin meeting is necessary, but no specifics yet
MOSCOW (Reuters) – The Kremlin, asked on Monday about a possible meeting between U.S. President Donald Trump and Russian President…
Strategists optimistic on China even as US-China trade war climbdown looks far off
By Ankika Biswas (Reuters) -As financial markets pin their hopes on a de-escalation in the U.S.-China trade war, some experts…
Canada’s services PMI shows steep contraction in April activity
By Fergal Smith TORONTO (Reuters) -Canada’s services economy contracted for a fifth straight month in April as uncertainty around trade…
Chipmaker Onsemi forecasts upbeat quarterly revenue on resilient demand from EV makers
(Reuters) -Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, as demand for its chips used in electric vehicles…