US expects $50 billion a month in tariff revenues, US Commerce chief Lutnick says
By Andrea Shalal and Maiya Keidan WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Thursday he expects the country…
Factbox-Drugmakers racing to launch the first weight-loss pill
(Reuters) -Weight-loss drugs are expected to pull in more than $150 billion in industry-wide revenue by the early 2030s, thanks…
Palantir shares jump as soaring AI demand powers forecast upgrade
By Siddarth S and Akriti Shah (Reuters) -Palantir Technologies shares surged nearly 9% in early trading on Tuesday, after the…
Two Chinese nationals in California accused of illegally shipping Nvidia AI chips to China
By Karen Freifeld (Reuters) -Two Chinese nationals were arrested in California and charged with illegally shipping tens of millions of…
Mexico set to discuss US tariffs with Canada as ministers visit
MEXICO CITY (Reuters) -Mexican Economy Minister Marcelo Ebrard said he is set to speak with Canada’s finance minister, who is…
Canada to give lumber industry up to C$1.2 billion in aid to cope with US duties
OTTAWA (Reuters) – Canada will provide up to C$1.2 billion ($870 million) to help softwood lumber producers deal with U.S.…
Firefly Aerospace lifts IPO price range, targets $6 billion valuation amid space investment boom
By Ateev Bhandari (Reuters) -Northrop Grumman-backed Firefly Aerospace raised the proposed price range for its U.S. initial public offering on…
German minister: EU must become stronger in Trump tariff talks
By Maria Martinez WASHINGTON (Reuters) -German Finance Minister Lars Klingbeil said the European Union had been too weak during trade…
Amazon overhauls Wondery podcast studio, cuts 110 jobs
By Jaspreet Singh (Reuters) -Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business…
Palantir raises annual revenue forecast again on surging AI demand
By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting…