News
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Trump appears to contradict White House, says Elon Musk in charge of DOGE
By Andrea Shalal and Nandita Bose MIAMI/WASHINGTON Feb 19 (Reuters) - U.S. President Donald Trump on Wednesday said he has put billionaire Elon Musk in charge of the Department of Government Efficiency, appearing to contradict the White House over who runs the cost-cutting program. The Wh...Reuters
Thu, Feb 20
Matthews International beats back board challenge from Barington, preliminary votes show
Adds details about contest, comments from each sideBy Svea Herbst-BaylissNEW YORK, Feb 19 (Reuters) - Matthews International MATW.O secured enough support to beat back a board-room challenge from Barington Capital Group as its shareholders voted to re-elect all three of the casket maker's direc...Reuters
Thu, Feb 20
Pentagon orders budget revamp to reinvest $50 billion into Trump defense priorities
The Pentagon said on Wednesday it was directing military leaders to draw up a list of potential cuts totaling about $50 billion from the upcoming budget for fiscal year 2026 to be redirected into President Donald Trump's priorities for national defense.Reuters
Thu, Feb 20
BRIEF-Hawaiian Electric Says To Advance Renewable Energy, Announces Contracts For Two Solar + Storage Projects
Feb 19 (Reuters) - Hawaiian Electric Industries Inc HE.N:HAWAIIAN ELECTRIC INDUSTRIES INC: TO ADVANCE RENEWABLE ENERGY, ANNOUNCES CONTRACTS FOR TWO SOLAR + STORAGE PROJECTSHAWAIIAN ELECTRIC INDUSTRIES INC: BOTH CONTRACTS ARE FOR A TERM OF 25 YEARSSource text: https://tinyurl.com/bddr4ma3Further comp...Reuters
Thu, Feb 20
BRIEF-Calibre Mining Sees Consolidated Gold Production/Sales(Ounces)230,000 - 280,000 For FY 2025
Feb 19 (Reuters) - Calibre Mining Corp CXB.TO:CALIBRE MINING CORP - SEES CONSOLIDATED GOLD PRODUCTION/SALES (OUNCES)230,000 - 280,000 FOR FY 2025Source text: ID:nGNX8VFfdXFurther company coverage: CXB.TOReuters
Thu, Feb 20
CORRECTED-Lam Research unveils two new chipmaking tools for AI chips
Corrects company's attribution of quote in paragraph 7 to Y.J. Mii, from Simon Jang Feb 19 (Reuters) - Lam Research LRCX.O on Wednesday introduced two new tools for building advanced artificial intelligence chips, as the chipmaking tools supplier aims to benefit from a growing AI-driven semic...Reuters
Thu, Feb 20
Trump says he's considering returning 20% of DOGE savings to Americans
Adds details on the proposal, context, in paragraphs 3-10By Andrea Shalal and Alexandra Ulmer Feb 19 (Reuters) - U.S. President Donald Trump on Wednesday said his administration is considering returning 20% of savings identified by Elon Musk's Department of Government Efficiency (DOGE) initia...Reuters
Thu, Feb 20
Matthews International beats back board challenge from Barington, preliminary votes show
NEW YORK, Feb 19 (Reuters) - Matthews International MATW.O secured enough support to beat back a board room challenge from Barington Capital Group as its shareholders voted to re-elect all three of the casket maker's directors, two sources familiar with the matter said on Wednesday.Votes are st...Reuters
Thu, Feb 20
Trump administration moves to end New York City's congestion pricing
US transportation secretary criticizes toll program MTA files suit to defend pricing programProgram launched in January with aim of reducing trafficUpdates with press conference from governor, MTA in paragraphs 7, 10By David Shepardson and Julia Harte Feb 19 (Reuters) - The Trump administration s...Reuters
Thu, Feb 20
Trump to meet pharma leaders as they seek drug policy changes
By Patrick Wingrove Feb 19 (Reuters) - U.S. President Donald Trump will meet on Thursday with chief executives from major drugmakers, a White House official confirmed to Reuters on Wednesday, as the industry tries to win government support for drug pricing and insurance changes.The meeting is ex...Reuters
Thu, Feb 20
Washington prosecutor probes threats against DOGE, takes aim at Schumer
Musk's DOGE has triggered a wave of federal layoffsInterim US Attorney Ed Martin is a Trump appointeeSchumer in 2020 told Senate he regretted language; meant to cite 'political consequences'Adds Schumer aides' response in paragraphs 7-10By Sarah N. Lynch and Richard Cowan WASHINGT...Reuters
Thu, Feb 20
US Treasury's Bessent meets with Hungarian foreign minister on shared priorities
WASHINGTON, Feb 19 (Reuters) - U.S. Treasury Secretary Scott Bessent met on Wednesday with Hungary's Foreign Minister Peter Szijjarto to discuss shared economic and national security priorities, the Treasury said in a statement."Secretary Bessent emphasized the importance of the U.S.-Hungary...Reuters
Wed, Feb 19
Trump: Zelenskiy could have attended Saudi conference with Russia if he wanted
MIAMI, Feb 19 (Reuters) - President Donald Trump doubled down on his criticism of Ukrainian President Volodymyr Zelenskiy on Wednesday, telling a conference in Florida that the Ukrainian leader done a terrible job and could have come to talks with Russia in Saudi Arabia if he had wanted to.Trump sai...Reuters
Wed, Feb 19
Top US health agency updates definitions of female and male in line with Trump order
By Ahmed Aboulenein WASHINGTON, Feb 19 (Reuters) - The U.S. Department of Health and Human Services issued guidance updating its official definitions of terms such as sex, female, and male on Wednesday following President Donald Trump's executive orders limiting transgender rights.The guidanc...Reuters
Wed, Feb 19
DOGE contract cuts worth $8.5 billion so far, a fraction of federal outlays
DOGE claims $55 billion in savings since Trump took officeCriticism over $8 billion savings claim for $8 million contractMost contracts targeted offered average savings of $7.7 mln eachDOGE's actions sow fear and chaos in federal workforceBy Brad Heath, Tim Reid and Andy Sullivan WASHINGTON, ...Reuters
Wed, Feb 19
Brazil's Gerdau posts 9% fall in fourth-quarter profit
Adds details from earnings reportSAO PAULO, Feb 19 (Reuters) - Brazilian steelmaker Gerdau GGBR4.SA reported on Wednesday a 9% decline in its fourth-quarter adjusted net profit from a year earlier to 666 million reais ($116.4 million).The result came in below the 810.3-million-real profit expected b...Reuters
Wed, Feb 19
Trump: We may have to go a different route on Air Force One
WASHINGTON, Feb 19 (Reuters) - U.S. President Donald Trump said on Wednesday his administration may have to go a different route with the Air Force One planes, ratcheting up pressure on Boeing BA.N, which is at least three years behind schedule in delivering two new Air Force One jets.Trump and the ...Reuters
Wed, Feb 19
