News
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US judge blocks Defense Department from slashing federal research funding
BOSTON, June 17 (Reuters) - A federal judge on Tuesday temporarily blocked U.S. President Donald Trump's administration from carrying out steep cuts to federal research funding provided to universities by the U.S. Department of Defense.U.S. District Judge Brian Murphy in Boston issued a temporar...Reuters
Tue, Jun 17
Keyera to buy Plains' Canadian natural gas liquids business for $3.77 billion
June 17 (Reuters) - Keyera Corp KEY.TO said on Tuesday it has entered into a definitive agreement to buy substantially all of Plains' Canadian natural gas liquids business, plus select U.S. assets, for C$5.15 billion ($3.77 billion) in cash. ($1 = 1.3662 Canadian dollars)Reuters
Tue, Jun 17
WeightWatchers to exit process to cut $1.15 billion debt next week
June 17 (Reuters) - WW International WGHTQ.PK, formerly known as WeightWatchers, is on track to exit its financial reorganization to cut $1.15 billion in debt next week as part of its bankruptcy process, the weight management firm said on Tuesday. WHY IT'S IMPORTANTWeightWatchers filed for C...Reuters
Tue, Jun 17
EXCLUSIVE-Unilever proposes Peter ter Kulve as CEO of ice cream spin-off
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON, June 17 (Reuters) - Unilever ULVR.L has named its preferred candidate to lead the group's soon-to-be listed ice cream division, proposing executive Peter ter Kulve, who has previously faced criticism from the board of its Ben & Jerry...Reuters
Tue, Jun 17
Soccer-Nearly 1.5 million tickets sold for Club World Cup, FIFA says
By Amy Tennery EAST RUTHERFORD, N.J., June 17 (Reuters) - Fans from over 130 countries have purchased nearly 1.5 million tickets for the Club World Cup that kicked off last weekend in its newly expanded format across the United States, FIFA said on Tuesday.A crowd of more than 60,000 turned up fo...Reuters
Tue, Jun 17
Macron fears regime change chaos as Trump ups threats on Iran
Macron, Trump clashed over Iran ceasefire intentionsMacron: Military action for regime change would be errorMacron calls for ceasefire, return to nuclear talksMerz appears on tougher stance over military actionBy John IrishKANANASKIS, Alberta, June 17 (Reuters) - French President Emmanuel Macron on ...Reuters
Tue, Jun 17
Trump contradicts his spy chief on Iran's nuclear program
By Jonathan Landay WASHINGTON, June 17 (Reuters) - U.S. President Donald Trump on Tuesday repudiated Director of National Intelligence Tulsi Gabbard's assessment that Iran has not been building a nuclear weapon, publicly contradicting his spy chief for the first time during his second term.In...Reuters
Tue, Jun 17
Soccer-Fluminense show Brazilian mettle in Dortmund draw
EAST RUTHERFORD, N.J., June 17 (Reuters) - Fluminense sent a message that they would not be pushed around by their European rivals at the Club World Cup on Tuesday, as they held Borussia Dortmund to a 0-0 draw at MetLife Stadium in New Jersey.WHY IT'S IMPORTANTEuropean teams have won the last 11...Reuters
Tue, Jun 17
Elon Musk's X sues New York to block social media hate speech law
X says Stop Hiding Hate Act violates First AmendmentLegislative sponsors expressed worry about democracyNew York attorney general not available for commentBy Jonathan Stempel NEW YORK, June 17 (Reuters) - Elon Musk's X Corp sued New York on Tuesday, challenging the constitutionality of a ...Reuters
Tue, Jun 17
Weightwatchers’ Reorganization Plan Confirmed
June 17 (Reuters) - WW International Inc WGHTQ.PK:WEIGHTWATCHERS’ REORGANIZATION PLAN CONFIRMED, CLEARS PATH FOR ELIMINATION OF MAJORITY OF LEGACY DEBT BURDEN AND EXECUTION OF TRANSFORMATION PLANWW INTERNATIONAL INC - COURT-APPROVED PLAN TO REDUCE WEIGHTWATCHERS' DEBT BY ABOUT $1.15 BILLIONWW IN...Reuters
Tue, Jun 17
EXCLUSIVE-Musk's xAI is on track to raise $5 billion in fresh debt, following modest demand
By Matt Tracy, Echo Wang and Davide Barbuscia NEW YORK, June 17 (Reuters) - Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter.The $5 billion debt sale, which includes a floatin...Reuters
Tue, Jun 17
Small business seeks early Supreme Court review of Trump’s tariffs
Two courts have ruled against Trump's tariffsTariffs remain in place while Trump administration appealsSmall business says US Supreme Court should speed appealsBy Dietrich Knauth June 17 (Reuters) - A small business on Tuesday asked the U.S. Supreme Court to decide the legality of President D...Reuters
Tue, Jun 17
EXCLUSIVE-Musk's xAI is on track to raise $5 billion in fresh debt, following modest demand
By Matt Tracy, Echo Wang and Davide BarbusciaNEW YORK, June 17 (Reuters) - Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter.The $5 billion debt sale, which includes a floating-ra...Reuters
Tue, Jun 17
All new Facebook videos to be classified as Reels soon, Meta says
June 17 (Reuters) - All new videos uploaded on Facebook will soon be classified as Reels, simplifying how users publish visual content, social media giant Meta Platforms META.O said on Tuesday.The Instagram parent said Reels on Facebook will no longer have length or format restrictions, and include ...Reuters
Tue, Jun 17
State Dept confirms death of US citizen in Ukraine, condemns strikes
By Humeyra PamukWASHINGTON, June 17 (Reuters) - The United States condemns an attack overnight on Kyiv, State Department spokesperson Tammy Bruce said on Tuesday, confirming the death of a U.S. citizen in Ukraine."We are aware of last night's attack on Kyiv, which resulted in numerous casual...Reuters
Tue, Jun 17
Germany's Merz optimistic after G7 summit that US will decide Russia sanctions soon
KANANASKIS, Canada, June 17 (Reuters) - German Chancellor Friedrich Merz said he was returning home after the Group of Seven (G7) summit in Canada with cautious optimism that the United States would decide in the coming days to impose further sanctions on Russia. "The European Union already h...Reuters
Tue, Jun 17
