News
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China is open to share trade, investment experience with OECD
BEIJING, June 5 (Reuters) - China offered to share its experience in trade and investment, digital economy and green development as well as carry out personnel exchanges with the Organization for Economic Co-operation and Development, its commerce ministry said.Commerce Minister Wang Wentao told the...Reuters
Wed, Jun 4
Starbucks shuffles top brass, names new operating chief
By Ananya Mariam Rajesh June 4 (Reuters) - Starbucks SBUX.O on Wednesday promoted its North America chief coffeehouse officer Mike Grams to chief operating officer as part of a leadership reshuffle aimed at boosting performance. This is the latest in a series of moves from CEO Brian Niccol, wh...Reuters
Wed, Jun 4
Selway tapped to run SEC's trading and markets division, sources say
By Douglas Gillison June 4 (Reuters) - Jamie Selway, a long-time market structure and investment technology expert with ties to the crypto sector, has been tapped to run the trading and markets division at the U.S. Securities and Exchange Commission, according to two people with knowledge of the ...Reuters
Wed, Jun 4
Judge blocks Trump administration's effort to eliminate Job Corps
By Dietrich Knauth NEW YORK, June 4 (Reuters) - A U.S. judge on Wednesday temporarily stopped the Trump administration from moving ahead with an effort to eliminate the Job Corps, the largest U.S. job training program for low-income youth.U.S. District Judge Andrew Carter in Manhattan issued a te...Reuters
Wed, Jun 4
23andMe seeks new bids after $305 million offer from its co-founder
By Dietrich Knauth NEW YORK, June 4 (Reuters) - Bankrupt genetic testing company 23andMe MEHCQ.PK told a U.S. bankruptcy judge on Wednesday that it wants to re-open bidding on its assets, including customers' genetic data, after receiving a $305 million offer from its co-founder Anne Wojcicki...Reuters
Wed, Jun 4
Broadwind Says To Sell Manitowoc Facility For At Least $13 Million
June 4 (Reuters) - Broadwind Inc BWEN.O:BROADWIND ANNOUNCES SALE OF INDUSTRIAL FABRICATION OPERATIONS IN MANITOWOC, WISCONSINBROADWIND INC - TO SELL MANITOWOC FACILITY FOR AT LEAST $13 MILLIONBROADWIND INC - EXPECTED TO REDUCE ANNUALIZED OPERATING COSTS BY $8 MILLIONReuters
Wed, Jun 4
White House to send Congress more rescission requests if initial package passes
June 4 (Reuters) - The White House hopes to send additional packages of deep government spending cuts if its initial request to Congress passes, Russell Vought, director of the Office of Management and Budget said on Wednesday in a call with reporters. "This is the first rescissions package,&#...Reuters
Wed, Jun 4
Thousands of lawsuits over baby formula should stay where filed, court says
By Diana Novak Jones CHICAGO, June 4 (Reuters) - An Illinois appeals court said on Tuesday that thousands of lawsuits claiming baby formula made by Abbott Laboratories and a Reckitt Benckiser subsidiary causes a dangerous disease in preterm infants should stay in the court where they were filed, ...Reuters
Wed, Jun 4
Judge blocks Trump administration's effort to eliminate Job Corps
NEW YORK, June 4 (Reuters) - A U.S. judge on Wednesday temporarily stopped the Trump administration from moving ahead with an effort to eliminate the Job Corps, the largest U.S. job training program for low-income youth.Reuters
Wed, Jun 4
Bryce Dallas Howard leads improv comics undercover in film 'Deep Cover'
By Marie-Louise GumuchianLONDON, June 4 (Reuters) - "Jurassic World" actor Bryce Dallas Howard takes on London’s criminal underworld in action comedy "Deep Cover," playing an improv teacher who goes undercover.The American stars as Kat, who along with her two students Marlon and Hugh...Reuters
Wed, Jun 4
WRAPUP 2-Tennis-Boisson lights up French Open, Sinner and Djokovic book semi-final showdown
Frenchwoman Boisson beats Andreeva to continue fairytale runSinner downs Bublik to keep alive hopes of maiden French OpenDjokovic sees off Zverev to stay in the hunt for 25th majorBy Karolos Grohmann and Shrivathsa Sridhar PARIS, June 4 (Reuters) - Wild card Lois Boisson lit up the French Open on...Reuters
Wed, Jun 4
Fed's Bowman confirmed by Senate to central bank's top regulatory post
By Pete Schroeder WASHINGTON, June 4 (Reuters) - Federal Reserve Governor Michelle Bowman was confirmed to the central bank's top regulatory post by the U.S. Senate on Wednesday, where she is expected to push an agenda aimed at easing rules for banks.Bowman, a former community banker who Pres...Reuters
Wed, Jun 4
White House says opposing views from Musk aren't hurting tax bill's prospects
WASHINGTON, June 4 (Reuters) - The White House does not believe that opposing views from billionaire Elon Musk are hurting President Donald Trump's tax bill, Budget Director Russell Vought said on Wednesday.Reuters
Wed, Jun 4
Apple loses bid to pause app store reform order in Epic Games case
By Mike Scarcella June 4 (Reuters) - Apple AAPL.O on Wednesday failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker to immediately open its lucrative App Store to more competition.The 9th U.S. Circuit Court of Appeals rejected Apple&...Reuters
Wed, Jun 4
Skadden Foundation leader resigns following Trump deal
By David Thomas June 4 (Reuters) - The executive director of Skadden Arps Slate Meagher & Flom's fellowship foundation said on Wednesday she resigned from her position, more than two months after the law firm agreed to provide President Donald Trump with $100 million in free legal service...Reuters
Wed, Jun 4
Columbia failed to meet accreditation standards, US government says
By Jasper Ward and Helen Coster WASHINGTON, June 4 (Reuters) - The U.S. Department of Education said on Wednesday it has notified a university accreditation body that it believes Columbia University had violated federal anti-discrimination laws by its alleged failure to protect Jewish students on...Reuters
Wed, Jun 4
