News
Important Only
Dick's Sporting Goods To Acquire Foot Locker For $2.4 Billion
May 15 (Reuters) - DICK'S Sporting Goods Inc DKS.N:DICK'S SPORTING GOODS TO ACQUIRE FOOT LOCKER TO CREATE A GLOBAL LEADER IN THE SPORTS RETAIL INDUSTRYDICK'S SPORTING GOODS INC - FOOT LOCKER SHAREHOLDERS TO RECEIVE $24 OR 0.1168 DICK'S SHARESDICK'S SPORTING GOODS INC - DEAL EQUIT...Reuters
Thu, May 15
Republicans embrace Trump's populist tax push with midterms in mind
Working-class voters turned toward Trump in NovemberCritics argue tax bill favors wealthy despite populist rhetoricHouse bill could add $3.7 trillion to national debtTemporary relief may not meet expectations for lower-income AmericansBy David Morgan and Bo Erickson WASHINGTON, May 15 (Reuters) -...Reuters
Thu, May 15
US Supreme Court to hear Trump bid to restrict birthright citizenship
Trump order targeted children of certain immigrantsThree judges issued orders blocking policy nationwideAdministration challenges nationwide injunctionsBy Andrew Chung, John Kruzel WASHINGTON, May 15 (Reuters) - The U.S. Supreme Court is poised on Thursday to consider Donald Trump's attempt t...Reuters
Thu, May 15
EXPLAINER-Is Qatar's gift of a plane to President Trump allowed under US law?
By Mike Scarcella and Tom Hals May 15 (Reuters) - U.S. President Donald Trump’s plan to accept a $400 million airplane from Qatar raises a raft of questions about the scope of laws that relate to gifts from foreign governments and are intended to thwart corruption and improper influence, legal ex...Reuters
Thu, May 15
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
May 15 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of ...Reuters
Thu, May 15
Sean 'Diddy' Combs' ex-girlfriend to face cross-examination at hip-hop mogul's criminal trial
Cassie Ventura accuses Combs of rape and abuseCombs' lawyers suggest Ventura motivated by moneyCombs also faces multiple civil lawsuits for sexual abuseBy Jack Queen and Jonathan Stempel NEW YORK, May 15 (Reuters) - Sean “Diddy” Combs' former girlfriend Casandra Ventura will likely face a...Reuters
Thu, May 15
EXPLAINER-What is US birthright citizenship, and can Trump end it?
By Tom Hals WILMINGTON, Delaware, May 15 (Reuters) - The U.S. Supreme Court will hear arguments on Thursday on President Donald Trump's bid to broadly enforce his executive order ending birthright citizenship, a principle that has been recognized in the United States for more than 150 years. ...Reuters
Thu, May 15
Group that opposed OpenAI's restructuring raises concerns about new revamp plan
By Anna Tong SAN FRANCISCO, May 15 (Reuters) - A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan still does not go far enough to safeguard the ChatGPT creator from generating dangerous artificial intelligence technology.In t...Reuters
Thu, May 15
Ant Group quarterly profit down 31.4% year-on-year to 5.4 billion yuan
SHANGHAI, May 15 (Reuters) - China's Ant Group posted net profit of 5.4 billion yuan ($749 million) for the three months to December 31, down 31.4% from a year earlier, Reuters calculations based on Alibaba Group Holdings' 9988.HK earnings released on Thursday showed.The e-commerce giant rep...Reuters
Thu, May 15
Qatar will invest $10 billion in Al Udeid Air Base, Trump says
DUBAI, May 15 (Reuters) - U.S. President Donald Trump said on Thursday that Qatar will invest $10 billion in the coming years in the Al Udeid Air Base southwest of Doha, the largest U.S. military facility in the Middle East.Reuters
Thu, May 15
No time set for Russia-Ukraine talks in Istanbul, Turkish source says
ISTANBUL, May 15 (Reuters) - No time has been set for talks between officials from Russia and Ukraine in Istanbul, where there is currently a technical-level Russian delegation and some U.S. officials, a Turkish foreign ministry source said on Thursday."No time has been set for a meeting yet. In...Reuters
Thu, May 15
Taiwan cannot rule out China holding more drills as president marks a year in office
Taiwan President Lai Ching-te to mark one year in office on May 20China's latest war games around Taiwan took place last monthLai rejects China's sovereignty claims TAIPEI, May 15 (Reuters) - Taiwan cannot rule out that China will hold more military drills to "stir up trouble" aro...Reuters
Thu, May 15
Amid diplomatic flurry, Ukrainian hospital treating war-wounded yearns for peace
Medics in Dnipro treating thousands of wounded Hospital and patients want a peace deal soonStaff want to treat civilians for routine complaintsBy Herbert Villarraga and Alina Smutko DNIPRO, Ukraine, May 15 (Reuters) - As a flurry of diplomacy begins in Turkey, Serhii Ryzhenko and his team of Ukra...Reuters
Thu, May 15
Nissan CEO urges faster Japan-U.S. trade talks
TOKYO, May 15 (Reuters) - Nissan 7201.T CEO Ivan Espinosa said on Thursday he expects Japanese trade negotiators to move more quickly in the country's trade negotiations with the United States, adding he hoped to get clarity on trading rules for the Japanese automaker.Asked at an automotive summ...Reuters
Thu, May 15
Deals of the day-Mergers and acquisitions
May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Belgian bank KBC Groep said it has reached a cash agreement to acquire 98.45% of 365.bank, in a deal valuing the Slovakia-based lender at 761 million euros ($852 mi...Reuters
Thu, May 15
JPMorgan names Wendy Hohmann as head of its Dutch business
May 15 (Reuters) - JPMorgan Chase & Co JPM.N named Wendy Hohmann as the new head of its Dutch business, effective June 1, replacing Cassander Verwey, according to an internal note shared with Reuters. Hohmann, currently head of Investment Banking for Benelux at JPMorgan, joined the bank in 2010 ...Reuters
Thu, May 15
Russian forces capture two settlements in eastern Ukraine, RIA says
MOSCOW, May 15 (Reuters) - Russian forces took control of the settlements of Novooleksandrivka and Torske in eastern Ukraine, the RIA state news agency reported on Thursday, citing the defence ministry.Reuters could not independently confirm the battlefield report.Reuters
Thu, May 15
Nissan Ceo: Will Not Comment On Any Specific Partner, Looking At Many Partners, Traditional And Non-Traditional Oem's, Tech Companies, Companies In China
May 15 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN CEO: WE ARE TAKING A VERY AGGRESSIVE APPROACH IN OUR PRODUCTS THAT ARE TARIFF-FREENISSAN CEO: WE ARE NOT STRUGGLING IN THE SHORT-TERM WITH ANY LABOUR SHORTAGES IN THE U.S.NISSAN CEO: WE ARE TRYING NOT TO BE HOSTAGES OF ANY PARTNER, WE'RE FOCUS...Reuters
Thu, May 15
RWE won't decide on additional buybacks before 2026, CFO says
FRANKFURT, May 15 (Reuters) - RWE RWEG.DE will decide on whether to expand or extend share buybacks next year, its finance chief said, pouring cold water on hopes for a more aggressive approach."The current share buyback programme runs until the second quarter of 2026, and at that point we will ...Reuters
Thu, May 15
Ukraine's Zelenskiy arrives in Turkey for talks with Erdogan
ANKARA, May 15 (Reuters) - Ukrainian President Volodymyr Zelenskiy arrived in the Turkish capital Ankara on Thursday for a meeting with President Tayyip Erdogan, while in Istanbul Russian and Ukranian officials were separately expected to begin peace talks.Zelenskiy's plane landed at Esenboga Ai...Reuters
Thu, May 15
