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Trump says he is considering three or four candidates for next Fed chair
By Jeff Mason and Nandita Bose THE HAGUE, June 25 (Reuters) - President Donald Trump on Wednesday called Federal Reserve Chair Jerome Powell "terrible" in his latest attack on the central bank chief and said he has three or four people in mind as contenders for the top Fed job. "...Reuters
Wed, Jun 25
Tennis-Moutet hits six underarm serves in Mallorca win over Altmaier
June 25 (Reuters) - French trickster Corentin Moutet hit six underarm serves on his way to a second-round victory over Germany's Daniel Altmaier at the Mallorca Open grasscourt event on Wednesday.Moutet, who is not averse to trying his luck with the underarm serve, won three and lost three of th...Reuters
Wed, Jun 25
Trump cannot end union bargaining for federal workers, judge rules
By Daniel Wiessner and Nate Raymond June 24 (Reuters) - A federal judge on Tuesday blocked Republican President Donald Trump's administration from eliminating union bargaining for hundreds of thousands of federal workers at 21 agencies.U.S. District Judge James Donato in San Francisco agreed ...Reuters
Wed, Jun 25
OpenAI CEO Altman says he spoke with Microsoft CEO about future partnership, NYT reports
June 25 (Reuters) - OpenAI chief executive Sam Altman had a call with Microsoft MSFT.O CEO Satya Nadella on Monday and discussed their future working partnership, Altman said in a New York Times podcast on Tuesday.Earlier this month, the Wall Street Journal reported that Microsoft, the AI startup...Reuters
Wed, Jun 25
Global vaccine group Gavi secures $9 billion after funding summit
LONDON, June 25 (Reuters) - Global vaccine group Gavi has secured $9 billion for its work over the next five years helping to immunize the world's poorest children, its board chair, Jose Manuel Barroso, said on Wednesday. The group announced the total at the end of a fundraising summit in Bruss...Reuters
Wed, Jun 25
EU Commission to propose dedicated defence and space investment in new fund
BRUSSELS, June 25 (Reuters) - The European Commission will propose dedicating part of a new European Competitiveness Fund to resilience, defence and space, the EU executive's leadership said on Wednesday. The Commission is expected to put forward a plan for a competitiveness fund to invest in st...Reuters
Wed, Jun 25
Tennis-Teenager Andreeva ousts Tauson in three sets for Bad Homburg quarter-final spot
BAD HOMBURG, Germany, June 25 (Reuters) - Third seed Mirra Andreeva survived a first set slip-up to battle past Denmark's Clara Tauson 3-6 6-3 6-1 on Wednesday for a spot in the Bad Homburg Open quarter-finals.With Wimbledon starting on Monday, Russian teenager Andreeva got a 109-minute workout ...Reuters
Wed, Jun 25
Debate over future of US AI regulation hinges on broadband funding
Teamsters chief calls plan a 'giveaway to big tech companies'Commerce secretary backs ending 'chaos' of different state lawsMeasure is part of US budget package moving through SenateBy Jody Godoy and David Shepardson WASHINGTON, June 25 (Reuters) - The fight over a proposed 10-yea...Reuters
Wed, Jun 25
Two investment banks seek freedom from US SEC analyst research settlement
By Jonathan Stempel NEW YORK, June 25 (Reuters) - Piper Sandler PIPR.N and Stifel Financial SF.N on Wednesday asked a judge to free them from "onerous" restrictions from the U.S. Securities and Exchange Commission's global settlement more than two decades ago with 12 investment banks ...Reuters
Wed, Jun 25
US prohibits certain deals with three Mexican banks under fentanyl sanctions
June 25 (Reuters) - The U.S. Treasury on Wednesday prohibited certain transactions involving Mexico-based CIBanco, Intercam Banco, and Vector Casa de Bolsa as part of its fentanyl sanctions. "These orders are the first actions by FinCEN pursuant to the Fentanyl Sanctions Act and the FEND Off Fen...Reuters
Wed, Jun 25
Boeing hires former Northrop executive to lead Air Force One program, sources say
June 25 (Reuters) - Boeing BA.N has hired a former Northrop Grumman NOC.N executive, Steve Sullivan, to lead its Air Force One program, according to two people briefed on the matter.Sullivan, who previously worked on key Northrop programs including the B-21 bomber, replaces Gregg Coffey, who is movi...Reuters
Wed, Jun 25
Webuy Global Files For Offering Of 1 Mln Class A Ordinary Shares And/Or Pre-Funded Warrants
June 25 (Reuters) - Webuy Global Ltd WBUY.O:WEBUY GLOBAL LTD: FILES FOR OFFERING OF 1 MILLION CLASS A ORDINARY SHARES AND/OR PRE-FUNDED WARRANTS TO PURCHASE CLASS A ORDINARY SHARES- SEC FILINGSource text: [ID:n0001213900-25-057745]Reuters
Wed, Jun 25
GenAI adoption in insurance industry surges nearly 100% in 2025: Conning
By Mia MacGregorJune 25 - (The Insurer) - Adoption of Generative AI (GenAI) in the insurance industry has surged nearly 100% year-over-year in 2025, with 55% of respondents reporting early or full adoption, according to Conning's 3rd annual survey on AI and insurance technology.Additionally, the...Reuters
Wed, Jun 25
Democratic lawmaker pleads not guilty to assaulting US agents at immigration center
June 25 (Reuters) - Democratic U.S. Representative LaMonica McIver pleaded not guilty on Wednesday to charges she assaulted and impeded federal agents outside an immigration detention center in New Jersey, the lawmaker said in a social media post.McIver, who represents a district in northern New Jer...Reuters
Wed, Jun 25
Small businesses sign up prominent appellate attorney Neal Katyal in tariff case
By Dietrich Knauth June 25 - A group of five small businesses on Wednesday signed up prominent appellate lawyer Neal Katyal and former federal appeals court judge Michael McConnell to defend their court victory over President Donald Trump’s tariffs.Katyal, who left his longtime law firm Hogan Lov...Reuters
Wed, Jun 25
Major automakers criticize US auto safety agency, call for reform
By David Shepardson WASHINGTON, June 25 (Reuters) - A major trade group representing General Motors GM.N, Toyota Motor 7203.T, Volkswagen VOWG.DE, Hyundai 005380.KS and other automakers sharply criticized the National Highway Traffic Safety Administration, saying the auto safety regulator is impe...Reuters
Wed, Jun 25
