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Trump calls his own administration's USAID cuts 'devastating'
WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump told reporters during a meeting with South African President Cyril Ramaphosa on Wednesday that his own administration's cuts to the U.S. Agency for International Development have been "devastating."Trump was speaking beside Ramap...Reuters
Wed, May 21
Amazon investors again reject all shareholder proposals
By Greg Bensinger May 21 (Reuters) - Amazon.com AMZN.O investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to address the online retail giant's impact on climate change.Voters approved the reelection of 12 directors and proposed executive ...Reuters
Wed, May 21
OpenAI to acquire Jony Ive's hardware startup io Products
May 21 (Reuters) - OpenAI is set to acquire former Apple AAPL.O iPhone design chief Jony Ive's hardware startup io Products, the ChatGPT maker said on Wednesday.The deal was pegged at $6.5 billion, according to reports by the Financial Times and the Wall Street Journal.Reuters
Wed, May 21
CORRECTED-FOCUS-Importers race to turn US warehouses into tariff-free zones
Bonded warehouses offer tariff flexibility amid trade policy volatilityApplications for bonded status face delays, costs vary by location and security needsDemand for bonded space surges, but future tariff changes pose risksBy Richa Naidu and Arriana McLymore LONDON/NEW YORK, May 21 (Reuters) - C...Reuters
Wed, May 21
Product safety commission members sue Trump administration over terminations
By Mike Scarcella May 21 (Reuters) - Three Democratic members of the U.S. Consumer Product Safety Commission sued the Trump administration on Wednesday, alleging their terminations were unlawful.Commissioners Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr filed their lawsuit in the feder...Reuters
Wed, May 21
US may bolster consular services, employ AI to meet World Cup visa demand, says Rubio
By Simon Lewis and Patricia Zengerle WASHINGTON, May 21 (Reuters) - The Trump administration is considering putting consular officers on double shifts and employing artificial intelligence to surge processing of visas ahead of the World Cup next year, U.S. Secretary of State Marco Rubio told lawm...Reuters
Wed, May 21
Trump plays alleged South African genocide videos during meeting with Ramaphosa
WASHINGTON, May 21 (Reuters) - President Donald Trump asked White House staff to play videos allegedly pertaining to the genocide in South Africa during his meeting with President Cyril Rampahosa.Ramaphosa, who sat quietly watching these videos, later said, "I'd like to know where that is be...Reuters
Wed, May 21
Trump says he doesn't expect "anything" to come of South Africa's ICJ case against Israel
WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump told reporters on Wednesday he does not "expect anything" to come of South Africa's International Court of Justice case against Israel.Trump was speaking alongside South African President Cyril Ramaphosa at the White House.Reuters
Wed, May 21
Trump says white farmers are fleeing South Africa, brings up "genocide"
WASHINGTON, May 21 (Reuters) - President Donald Trump said on Wednesday that there were many concerns about South Africa and he wanted to discuss those during a meeting with President Cyril Rampahosa at the White House."We have many people that feel they're being persecuted, and they're ...Reuters
Wed, May 21
Medtronic to separate diabetes business following recent struggles
Medtronic plans diabetes unit spin-off via IPO and split-offFiscal 2026 earnings forecast below Wall Street estimatesTariff impact on 2026 costs estimated at $200-$350 millionBy Kamal Choudhury and Puyaan Singh May 21 (Reuters) - Medical device maker Medtronic MDT.N said on Wednesday it plans to...Reuters
Wed, May 21
UN says no aid yet distributed in Gaza due to insecure access
UNITED NATIONS, May 21 (Reuters) - No humanitarian aid has yet been distributed in the Gaza Strip, the United Nations said on Wednesday, two days after Israel lifted an 11-week blockade and began allowing limited deliveries into the enclave through the Kerem Shalom crossing."So far ... none of t...Reuters
Wed, May 21
Trump says South Africa's Ramaphosa considered controversial in some circles
WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump received South African President Cyril Ramaphosa at the White House on Wednesday and described him as well respected but also controversial."It's a great honor to be with the president of South Africa, President Ramaphosa, and he is ...Reuters
Wed, May 21
US junk borrowers refinance just $22 billion in Q2 to date, JPM finds
By Matt TracyWASHINGTON, May 21 (Reuters) - U.S. junk-rated corporate borrowers have refinanced just $22 billion in high-yield bonds and leveraged loans so far in the second quarter, according to JPMorgan analysts, as heightened market volatility has led many borrowers to hold off refinancing their ...Reuters
Wed, May 21
Amazon investors again reject all shareholder proposals
May 21 (Reuters) - Amazon.com AMZN.O investors at the company’s annual meeting again rejected all outside shareholder resolutions, including three meant to address the company’s impact on climate change.Voters approved the reelection of 12 directors and proposed executive compensation.Shareholders p...Reuters
Wed, May 21
White House asks US Supreme Court to block access to DOGE records
May 21 (Reuters) - The Trump administration on Wednesday asked the U.S. Supreme Court to set aside a judge's order requiring Elon Musk's Department of Government Efficiency to answer questions and disclose documents about its operations.U.S. District Judge Christopher Cooper in Washington, D...Reuters
Wed, May 21
