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Kimberly-Clark to invest $2 billion to bulk up US manufacturing
May 1 (Reuters) - Kleenex tissue maker KMB.N said on Thursday it would invest $2 billion over five years to expand its manufacturing capacity in the United States amid a push for local manufacturing under U.S. President Donald Trump.The Trump administration's efforts to impose import taxes on go...Reuters
Thu, May 1
Neuralink's speech restoration device gets FDA's 'breakthrough' tag
May 1 (Reuters) - Neuralink has received the U.S. Food and Drug Administration's "breakthrough" tag for its device to restore communication for individuals with severe speech impairment, Elon Musk's brain implant company said on Thursday in a post on X.The device would help those af...Reuters
Thu, May 1
Julie Davis to serve as top US diplomat in Ukraine, State Department says
WASHINGTON, May 1 (Reuters) - U.S. President Donald Trump and Secretary of State Marco Rubio have identified Julie Davis, currently the U.S. ambassador to Cyprus, to serve as charge d'affaires at the U.S. embassy in Kyiv, State Department spokesperson Tammy Bruce said on Thursday.The move comes ...Reuters
Thu, May 1
EUROPE RESEARCH ROUNDUP-Adidas AG, Burberry, Coca Cola HBC
May 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas AG, Burberry and Coca Cola HBC on Thursday.HIGHLIGHTS* Adidas AG ADSGn.DE: TD Cowen raises target price to EUR 227 from EUR 225 * Burberry BRBY.L: Citigroup raises to buy from...Reuters
Thu, May 1
Trump taps Waltz for US Ambassador to the United Nations
May 1 (Reuters) - President Donald Trump said on Thursday that he is nominating national security adviser Mike Waltz to be the next U.S. Ambassador to the United Nations.Trump also said in a social media post that Secretary of State Marco Rubio will serve as interim, national security advisor.Reuters
Thu, May 1
Trump's ambassador to France nominee Kushner acknowledges past 'serious mistake'
By Patricia ZengerleWASHINGTON, May 1 (Reuters) - Charles Kushner, the father of President Donald Trump's son-in-law Jared Kushner, told U.S. senators on Thursday he could be trusted to exercise good judgment if confirmed as U.S. ambassador to France, despite his past conviction for tax evasion ...Reuters
Thu, May 1
Neuralink's speech restoration device gets FDA's 'breakthrough' tag
May 1 (Reuters) - Neuralink has received U.S. Food and Drug Administration's 'breakthrough' tag for its device to restore communication for individuals with severe speech impairment, Elon Musk's brain implant company said in a post on the social media site X.Reuters
Thu, May 1
Teamsters Says Members At Pepsico Pittston Ratify Contract with Local 401
May 1 (Reuters) - Teamsters:TEAMSTERS: MEMBERS AT PEPSICO IN PITTSTON, PA. VOTED OVERWHELMINGLY TO RATIFY RECORD-BREAKING CONTRACT WITH THEIR EMPLOYERTEAMSTERS: NEW FIVE-YEAR AGREEMENT INCLUDES AVERAGE INCREASES OF 24%WAGE INCREASES OVER COURSE OF CONTRACTSource text: [ID:]Reuters
Thu, May 1
Sean 'Diddy' Combs confirms he rejected plea offer ahead of sex trafficking trial
Combs faces racketeering, sex trafficking chargesHip-hop mogul pleaded not guiltyJury selection takes place amid intense media coverageBy Luc Cohen NEW YORK, May 1 (Reuters) - Sean "Diddy" Combs confirmed on Thursday that he rejected prosecutors' offer for a plea deal, paving the ...Reuters
Thu, May 1
Neuralink Says Received Breakthrough Device Designation From The FDA To Help Restore Communication For Individuals With Severe Speech Impairment
May 1 (Reuters) - NEURALINK: RECEIVED BREAKTHROUGH DEVICE DESIGNATION FROM THE FDA TO HELP RESTORE COMMUNICATION FOR INDIVIDUALS WITH SEVERE SPEECH IMPAIRMENTSource text: https://bit.ly/42BqjTMReuters
Thu, May 1
Court hearing in Exxon's dispute over Chevron-Hess deal set for May 26, sources say
Exxon claims right of first refusal to buy Hess' Stabroek stakeStabroek field is biggest oil discovery of the last decadeHess acquisition crucial for boosting Chevron's oil output and reservesBy Sheila Dang HOUSTON, May 1 (Reuters) - The Paris-based International Chamber of Commerce has s...Reuters
Thu, May 1
Automakers could still face up to $12,000 impact per car from tariffs
By David Shepardson WASHINGTON, May 1 (Reuters) - A Michigan-based economic consulting group said on Thursday that automakers will still face a $2,000 to $12,000 tariff impact per vehicle despite the White House moving to soften trade levies on imported auto parts.Anderson Economic Group said U.S...Reuters
Thu, May 1
Kimberly-Clark Announces Plans To Invest Over $2 Bln To Expand US Manufacturing
May 1 (Reuters) - Kimberly-Clark Corp KMB.N:KIMBERLY-CLARK ANNOUNCES PLANS TO INVEST OVER $2 BILLION TO EXPAND US MANUFACTURING, ACCELERATE INNOVATION AND FUEL GROWTHKIMBERLY-CLARK CORP - INVESTMENT EXPECTED TO CREATE OVER 900 JOBSKIMBERLY-CLARK CORP - CONSTRUCTION TO BEGIN MAY 2025, COMPLETION IN 2...Reuters
Thu, May 1
Nvidia raised concerns about Huawei's growing AI capabilities with US lawmakers
By Stephen Nellis SAN FRANCISCO, May 1 (Reuters) - Nvidia CEO Jensen Huang discussed concerns about Huawei Technologies Co.'s growing artificial intelligence capabilities with U.S. lawmakers, according to a senior congressional committee staff source.The issues were raised during a closed-do...Reuters
Thu, May 1
EXCLUSIVE-JetBlue's plan for domestic partnership faces union backlash
Union challenges planned partnership citing job protections in contractJetBlue's revenue from loyalty programs grows despite profit strugglesAirline cuts flights and offers early retirements to reduce labor costsCompany negotiating new pilot contract amid partnership talksBy Allison Lampert and ...Reuters
Thu, May 1
NHL-Ottawa mayor clears schedules of Sens fans ahead of pivotal playoff game
May 1 (Reuters) - With the Ottawa Senators facing elimination from the NHL's Stanley Cup Playoffs on Thursday, the Canadian city's mayor has playfully given the team's fanbase permission to clear their schedules in order to cheer on their club.In a tongue-and-cheek signed letter on socia...Reuters
Thu, May 1
Polish nationalist opposition presidential candidate attends White House event
WARSAW, May 1 (Reuters) - The presidential candidate backed by Poland's main nationalist opposition party Law and Justice (PiS) attended the National Day of Prayer at the White House on Thursday, his campaign team said.Poles will vote in the first round of a presidential election on May 18, and ...Reuters
Thu, May 1
Britain's AUKUS adviser briefs US and Australian officials on project review
By David Brunnstrom WASHINGTON, May 1 (Reuters) - Britain's special representative for the AUKUS defense project, Sir Stephen Lovegrove, has been briefing U.S. officials in Washington this week about a review of the project he presented to the British government this year, a British official ...Reuters
Thu, May 1
