Starbucks beats revenue estimates on China strength, turnaround strategy
By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Thursday, as steadying sales in China and…
US allowed Nvidia chip shipments to China to go forward, Hassett says
(Reuters) -White House National economic adviser Kevin Hassett, in an apparent reference to Nvidia’s H20 AI chip shipments to China,…
US SEC would set up guardrails for private investments in retirement plans, chairman says
NEW YORK -The U.S. Securities and Exchange Commission is prepared to work with the Labor Department to establish guardrails for…
US set to deport permanent residents over alleged support to Haitian gang leaders
By Daphne Psaledakis and Ted Hesson WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio on Monday paved the way for…
Lawmakers want US tech CEOs to address concerns about submarine cables
By David Shepardson WASHINGTON (Reuters) -Three Republican House lawmakers on Monday asked the CEOs of Alphabet, Facebook parent Meta, Amazon.com…
US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say
By Rishika Sadam and Sai Ishwarbharath B HYDERABAD/BENGALURU (Reuters) -U.S. retailer Costco Wholesale Corp will open its first technology centre…
Trump administration tells US diplomats abroad not to opine on foreign elections
By Humeyra Pamuk WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio instructed U.S. diplomats worldwide not to comment on the…
US House passes stablecoin legislation, sending bill to Trump
By Chris Prentice and Hannah Lang (Reuters) -The U.S. House of Representatives on Thursday passed a bill to create a…
Powell responds to White House on Fed headquarters renovation
(Reuters) -Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official’s demands for information about cost overruns…
US-based ADM shuts down Brazil pet food plant
By Ana Mano SAO PAULO (Reuters) -U.S.-based grain merchant Archer Daniels Midland is closing a pet food plant in Brazil,…