Search
News
Important Only
Starbucks expands weekly pay, adds more tips and bonuses for US baristas
April 2 (Reuters) - Starbucks SBUX.O will move to weekly pay for all U.S. store workers and roll out a program that adds bonuses and expands tips, it said on Thursday, as concerns persist over its stalled talks with the union representing some U.S. baristas. The company said baristas can receive ...Reuters
16 minutes ago
Stellantis union wary of possible China deal for shuttered Canada plant
By Divya Rajagopal TORONTO, April 2 (Reuters) - Unifor, the labor union representing car manufacturer Stellantis in Canada, said on Thursday it has serious concerns about the possibility of Stellantis bringing in a Chinese partner to make electric vehicles at its shuttered plant in Brampton, Onta...Reuters
25 minutes ago
Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran
Widening backwardation signals tight near-term supply, WTI May trades $16.70 above JuneProducers considering new drilling, need higher long-term prices to commit Dallas Fed's Logan says US output unlikely to rise soon despite price surgeBy Georgina McCartney and Arathy SomasekharHOUSTON, April 2...Reuters
29 minutes ago
Trump metals tariffs cut to 15% for some industrial, power grid equipment through 2027
WASHINGTON, April 2 (Reuters) - The White House said on Thursday that President Donald Trump's revised national security tariffs on steel, aluminum and copper will apply a 15% tariff on certain metal-intensive industrial and electrical grid equipment through 2027, down from 50% previously.The Wh...Reuters
36 minutes ago
Cubans take to bikes and electric tricycles to protest US sanctions
Activists ride past US Embassy in government-organized eventCuban President Miguel Diaz-Canel accompanies caravanBy Ayose NaranjoHAVANA, April 2 (Reuters) - Cuban activists paraded on Thursday on bikes and electric tricycles along Havana's waterfront Malecon boulevard, accompanied by Cuban Presi...Reuters
37 minutes ago
US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran
WTI soars to nearly $114/bbl, highest since March 9Trump speech did not clarify when Hormuz might reopenWTI heads for biggest daily absolute price rise since 2020By Arathy Somasekhar HOUSTON, April 2 (Reuters) - U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday i...Reuters
55 minutes ago
California's last nuclear power plant approved to run through at least 2030
By Laila KearneyNEW YORK, April 2 (Reuters) - Federal regulators approved an operating license extension for California's last-standing nuclear power plant, which under state law can run until at least 2030, the governor of the most populous U.S. state said on Thursday.PG&E's Diablo Cany...Reuters
59 minutes ago
Russia’s Lavrov discussed Strait of Hormuz with Iran’s foreign minister
MOSCOW, April 2 (Reuters) - Russian Foreign Minister Sergei Lavrov discussed safety of navigation in the Strait of Hormuz by telephone with Iran’s Foreign Minister Abbas Araghchi on Thursday, the Russian foreign ministry said.A statement on the ministry website said the call had taken place at the i...Reuters
an hour ago
US agencies to monitor drinking water for microplastics, pharmaceuticals
Governors, environmental groups petitioned for moveStudies link microplastics to cancers and reproductive harm Health Secretary Kennedy has vowed to fight plastic pollutionBy Valerie Volcovici WASHINGTON, April 2 (Reuters) - The U.S. Environmental Protection Agency and Department of Health and Hu...Reuters
an hour ago
GRAINS-CBOT corn and soybean futures ease, wheat ticks up, ahead of three-day holiday weekend
Stronger US dollar pressures grain exportsLower-than-expected weekly corn, wheat and soybean salesUS Plains drought expands, wheat plantings face record lowBy P.J. Huffstutter CHICAGO, April 2 (Reuters) - Chicago Board of Trade corn and soybean futures eased on Thursday and wheat futures ticked h...Reuters
an hour ago
Trump cuts US duty rates on steel, aluminum and copper derivative products
WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump adjusted his national security tariffs on steel, aluminum and copper imports on Thursday to cut duty rates on derivative products made with the metals, simplify compliance and avoid under-reporting of import values.In a proclamation signed ...Reuters
an hour ago
CBOT wheat futures turn higher as drought expands in High Plains
CHICAGO, April 2 (Reuters) - Chicago Board of Trade wheat futures ticked higher on Thursday, as traders continued to track drought conditions in the High Plains and adjusted their positions ahead of the three-day Easter weekend, market analysts said.U.S. wheat export sales for the week ended March 2...Reuters
an hour ago
ADVISORY-US natural gas futures report will not be published on April 3
April 2 (Reuters) - The U.S. natural gas futures report NGA/ will not be published on Friday, April 3, due to the Good Friday holiday.Reuters will resume publishing the U.S. natural gas report on Monday, April 6.Reuters
an hour ago
US natural gas futures tick lower on slightly bigger than expected storage build
Energy firms injected 36 bcf of gas into storageFront-month futures contract hits lowest level in over one monthTrump's speech drives oil prices higherBy Anjana Anil and Sarah QureshiApril 2 (Reuters) - U.S. natural gas futures eased on Thursday to the lowest in more than a month, after a federa...Reuters
an hour ago
CORRECTED-CBOT corn futures dip on weaker export news ahead of holiday weekend
CHICAGO, April 2 (Reuters) - Chicago Board of Trade corn ended lower on Thursday on sluggish weekly export news, and as traders adjusted their positions ahead of the three-day Easter weekend, market analysts said. CBOT May corn CK26 settled 2 cents lower at $4.52-1/4 per bushel.Grain markets ...Reuters
an hour ago
CBOT soybean futures slip as weekly export sales fall, US dollar firms
CHICAGO, April 2 (Reuters) - Chicago Board of Trade soybean futures ended lower on Thursday, in range-bound trade as traders adjusted their positions ahead of the three-day Easter weekend, market analysts said.Grain markets will be closed on Friday, in observance of Good Friday.On Thursday, the U.S....Reuters
2 hours ago
J.P. Morgan warns oil could top $150 if disruptions persist into mid‑May
April 2 (Reuters) - Oil prices could spike to $120-$130 per barrel in the near term, with a risk of surging above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, J.P. Morgan said in a note on Thursday.J.P. Morgan's base-case assumption is that the disruption to t...Reuters
2 hours ago
Gold slides over 2% as Trump extends Iran operation, lifts USD bids
Gold price recoils by some 2% as the US Dollar rises after US President Donald Trump revealed that the war on Iran would last from two to three weeks, pouring cold water on hopes for a quick resolution to the Middle East conflict.
Fxstreet
2 hours ago
Golden Dome, ships and missiles top Trump's $1.5 trillion fiscal 2027 defense wish list
By Mike Stone WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump is set to unveil a $1.5 trillion defense budget request for the next fiscal year on Friday, by far the largest year-over-year increase in defense spending in the post-World War Two era.Funding for Trump's marquee but co...Reuters
2 hours ago
