News
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Weight-loss company Noom pivots to smaller doses of compounded Wegovy
Noom says its program aligns with FDA regulationsNovo Nordisk says illegal to make semaglutide copiesDoses can start at half the size of the typical regimenBy Amina Niasse NEW YORK, May 20 (Reuters) - Online weight-loss company Noom has begun offering smaller doses of compounded versions of Novo ...Reuters
Tue, May 20
EXCLUSIVE-Ray Kurzweil's humanoid robot startup in talks for $100 million investment
Beyond Imagination valued at $500 million, Gauntlet Ventures sole investorBeyond Bot aims to revolutionize U.S. manufacturing, address skilled-labor shortageMajor tech firms investing in humanoid robots amid AI advancementsBy Dawn Chmielewski, Anna Tong May 20 (Reuters) - A humanoid robotics star...Reuters
Tue, May 20
Laura Loomer swipes at Trump from the heart of MAGA
Loomer at odds with White House over Mideast trip, surgeon general pick and other issuesFar-right activist aims to keep Trump in line with MAGA baseLoomer claimed to have been behind firing of top aide WaltzBy James Oliphant WASHINGTON, May 20 (Reuters) - Laura Loomer once had to chain herself to...Reuters
Tue, May 20
Trump's mass layoff threat drives U.S. government workers to resign
Mass resignations driven by fear of firings Trump and Musk aim to cut federal workforce by 12%Unions angry over perceived harassment, forced resignationsBy Tim Reid WASHINGTON, May 20 (Reuters) - Tens of thousands of U.S. government workers have chosen to resign rather than endure what many view ...Reuters
Tue, May 20
FTC's Democrats to ask judge to rule Trump fired them illegally
Commissioners seek order allowing them back to workThey argue the firing never had legal effectTrump administration argues FTC no longer qualifies for independent agency protectionBy Jody Godoy May 20 (Reuters) - Two Democrats on the U.S. Federal Trade Commission who were fired by President Donal...Reuters
Tue, May 20
US House Republicans look to Trump to mend party rifts on tax bill
Trump sets meeting with divided House RepublicansTax provisions, Medicaid cuts lead disputesBill would extend tax cuts from Trump's first term By David Morgan and Bo Erickson WASHINGTON, May 20 (Reuters) - President Donald Trump is expected to head to Capitol Hill on Tuesday to meet with cong...Reuters
Tue, May 20
RFK Jr. calls for healthier school meals as Trump cancels program that funded them
Trump administration cuts programs funding local food for school mealsRFK Jr. criticizes school nutrition programsNearly 30% of Tucson families rely on food aidBy Renee Hickman TUCSON, Arizona, May 20 (Reuters) - First-graders at John B. Wright elementary school in Tucson bounced into the brightl...Reuters
Tue, May 20
Some athletes skip Washington's pride events, wary of welcome in Trump's US
By Vanessa Balintec and Zoe Law TORONTO, May 20 (Reuters) - Ry Shissler, a 40-year old cartographer who swims the backstroke, was planning to compete internationally for the first time during the WorldPride celebrations that start this month in Washington, D.C.But the trans athlete and their team...Reuters
Tue, May 20
Low-income migrants fined up to $1.8 million by Trump administration
Trump officials issue notices to migrants that they now face fines Some 4,500 migrants told to pay fines ranging up to $1.8 millionMigrants have 30 days to pay or contest finesBy Ted Hesson, Kristina Cooke WASHINGTON, May 20 (Reuters) - Wendy Ortiz was surprised to find out she was being fined by...Reuters
Tue, May 20
Jefferies downgrades Onto Innovation, says return to growth will be tougher
** Shares of semiconductor equipment maker Onto Innovation ONTO.N falls ~2% to $98.49 in premarket trading** Jefferies cuts to "hold" from "buy" and trims PT to $110 from $135 ** Brokerage says the drivers of AI packaging correction are likely to extend through 2026 ** 2027 will be a...Reuters
Tue, May 20
UN has permission for 100 more aid trucks to enter Gaza, official says
By Emma FargeGENEVA, May 20 (Reuters) - The United Nations has received permission from Israel for about 100 more aid trucks to enter Gaza on Tuesday, a spokesperson for its humanitarian office said. "We have requested and received approval for more trucks to enter today, many more than were app...Reuters
Tue, May 20
Deals of the day-Mergers and acquisitions
May 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Britain's Centrica CNA.L said that Spirit Energy, its joint venture with German utility Stadtwerke München GmbH (SWM), will sell a 46.25% stake in the Cygnus gas field to Ithac...Reuters
Tue, May 20
Japan's Honda to scale back on electric vehicles, focus on hybrids
Now sees EVs accounting for 20%, not 30%, of sales by 2030Cuts planned investment in electrification and software by 30% To launch 13 next-generation hybrid models in the four years from 2027By Daniel Leussink TOKYO, May 20 (Reuters) - Honda Motor 7267.T said on Tuesday that it was scaling back i...Reuters
Tue, May 20
Israel's aid access to Gaza insufficient, offensive must stop, France says
France warns of consequences over lack of aid, ongoing offensiveParis says Gaza has become a place for dyingRelations between France, Israel soured in recent months By John Irish PARIS, May 20 (Reuters) - Israel's easing of humanitarian aid access to Gaza is insufficient, France's foreig...Reuters
Tue, May 20
Zelenskiy says Russia is playing for time to continue war
KYIV, May 20 (Reuters) - President Volodymyr Zelenskiy accused Russia on Tuesday of playing for time to be able to continue the war in Ukraine and its occupation of Ukrainian territory.Zelenskiy said Ukraine had no doubt the war must end at the negotiating table but there must be clear and realistic...Reuters
Tue, May 20
Russian strategic bombers carry out scheduled flight over Barents Sea, TASS says
MOSCOW, May 20 (Reuters) - Two Russian TU-95M strategic bombers carried out a scheduled flight over international waters in the Barents Sea, which borders Norway, Russian state news agency TASS reported, citing the Defence Ministry.TASS cited the ministry as saying that the planes had been escorted ...Reuters
Tue, May 20
CORRECTED-India's Redington posts higher quarterly profit on strong cloud demand (May 19)
May 19 (Reuters) - Redington REDI.NS, a distributor for Apple AAPL.O in India, reported an increase in adjusted quarterly profit, driven by higher demand for cloud services and automation.The Chennai, Tamil Nadu-based company reported a profit before exceptional items and tax of 5.22 billion rupees ...Reuters
Tue, May 20
Japan's Honda to scale back on electric vehicles, focus on hybrids
Now sees EVs accounting for 20%, not 30%, of sales by 2030Cuts planned investment in electrification and software by 30% To launch 13 next-generation hybrid models in the four years from 2027By Daniel Leussink TOKYO, May 20 (Reuters) - Honda Motor 7267.T said on Tuesday that it was scaling back i...Reuters
Tue, May 20
Japan's super-long bond yields soar to records as market frets about demand
TOKYO, May 20 (Reuters) - The longest-dated Japanese government bond yields soared to all-time highs on Tuesday, with worries about demand catalyzed by a poor 20-year debt auction, in a headache for the Bank of Japan as it attempts to exit from a decade of ultra-easy policy.Reuters
Tue, May 20
