News
Important Only
Shein, Temu to get pricier as Trump cracks down on cheap imports
April 16 (Reuters) - Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump's sweeping tariffs and crackdown on low-value imports push up costs for the companies known for their budget offerings.In nearly identical letters to custome...Reuters
Wed, Apr 16
US State Department closing office aimed at countering foreign disinformation
Rubio accuses office of censorship, wasting taxpayer moneyGEC faced criticism from some Republicans, support from DemocratsAction comes amid unprecedented push to shrink the U.S. federal governmentBy Daphne Psaledakis WASHINGTON, April 16 (Reuters) - U.S. Secretary of State Marco Rubio said on We...Reuters
Wed, Apr 16
Ex New York police sergeant sentenced to 1-1/2 years in prison for acting as Chinese agent
McMahon convicted for acting as Chinese agent without notifying U.S. Attorney GeneralBiden administration targeted transnational repression by authoritarian adversariesRepublican lawmakers supported McMahon, urging leniency in sentencingBy Luc Cohen NEW YORK, April 16 (Reuters) - A former New Yor...Reuters
Wed, Apr 16
ADVISORY-Alert on executive appointment wrongly tagged to Regal Corp withdrawn
An alert on theatre firm Regal Cineworld Group announcing an executive appointment was inadvertently tagged to Japan-based Regal Corp 7938.T, an unrelated company, and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA16KFJSSTORY_DATE: 16/04/2025 STORY_TIME: 07:07:25 PM GMTReuters
Wed, Apr 16
Pentagon leak probe expands as two more officials put on leave
Investigation expands to include aides Selnick and CarrollTrump administration aggressively pursues leaks, supported by HegsethBy Phil Stewart and Idrees Ali WASHINGTON, April 16 (Reuters) - A Pentagon investigation into leaks of classified and sensitive information has expanded to include two mo...Reuters
Wed, Apr 16
Harley-Davidson faces board fight from H Partners amid calls for CEO to exit soon
April 16 (Reuters) - Investment firm H Partners has urged Harley-Davidson's HOG.N shareholders to remove three directors from the board, including its CEO, holding them responsible for the company's declining sales and falling stock price.H Partners, the iconic American brand's second-la...Reuters
Wed, Apr 16
EXCLUSIVE-US consumer safety agency to stop collecting swaths of data after CDC cuts
Data on injuries from car accidents, alcohol, and other incidents will no longer be collectedThe change, coming Friday, stems from CDC staff cutsData informs safety standards and public policyBy Leah Douglas April 16 (Reuters) - The U.S. consumer product safety agency will stop collecting data on...Reuters
Wed, Apr 16
NEWSMAKER-Who is James Boasberg, the judge threatening Trump officials with contempt charges?
Judge found Trump administration defied order pausing deportationsTrump has called for judge's impeachmentBoasberg has a history with national security, political casesBy Andrew Goudsward WASHINGTON, April 16 (Reuters) - The U.S. judge threatening to begin criminal contempt action against Don...Reuters
Wed, Apr 16
US proposes looser interpretation of law that protects threatened species
April 16 (Reuters) - The Trump administration on Wednesday proposed a major change to how threatened species are considered in agency actions by removing regulatory language that seeks to prevent their habitats from being degraded.The move was aligned with President Donald Trump's pledge to unwi...Reuters
Wed, Apr 16
BREAKINGVIEWS-Tariffs gone wild yield unbridled earnings outlook
By Jennifer Saba NEW YORK, April 16 (Reuters Breakingviews) - For corporate bean counters, foolish consistency may prove the hobgoblin of little minds. President Donald Trump’s on-again-off-again, tit-for-tat tariff agenda is causing havoc in the C-suite as companies struggle to both evaluate an...Reuters
Wed, Apr 16
The Shareholder Commons Urges Mcdonald's Shareholders To Vote “Against” Board Chair Chris Kempczinski
April 16 (Reuters) - The Shareholder Commons Inc:THE SHAREHOLDER COMMONS, INC URGES MCDONALD'S SHAREHOLDERS TO VOTE “AGAINST” BOARD CHAIR CHRIS KEMPCZINSKI AT AGM - SEC FILINGSource text: [ID:n0001214659-25-006002]Reuters
Wed, Apr 16
Unions, groups launch pro bono legal network for federal employees
By Daniel Wiessner April 16 (Reuters) - A coalition of labor unions and left-leaning groups on Wednesday announced an initiative aimed at providing free legal advice to federal employees who lose their jobs or believe their legal rights were violated amid the Trump administration's purge of t...Reuters
Wed, Apr 16
OpenAI in talks to buy Windsurf for about $3 billion, Bloomberg News reports
April 16 (Reuters) - OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be OpenAI's largest to date, the terms of which have not yet been fin...Reuters
Wed, Apr 16
Mangrove assumes 30,000 policies from Citizens in April takeout
By Mia MacGregorApril 16 - (The Insurer) – Florida-based startup Mangrove Property Insurance has assumed around 30,000 policies from Citizens Property Insurance Corporation, effective April 15.The company received approval from the Florida Office of Insurance Regulation (FLOIR) in January to partici...Reuters
Wed, Apr 16
US firm Ecolab to levy 5% trade surcharge from May 1 on cost pressures
By Pooja MenonApril 16 (Reuters) - Water solutions company Ecolab ECL.N said on Wednesday it would add a 5% surcharge, effective May 1, on all its products and services in the U.S. to mitigate rising raw material costs due to recent changes in international trade policies.Global companies are looki...Reuters
Wed, Apr 16
What to Watch in the Day Ahead - Thursday, April 17
Netflix is expected to report a rise in revenue in the first quarter as the streaming giant continues to add more subscribers to its lower-priced, ad-supported tier.Credit card giant American Express is scheduled to report its first-quarter results. Analysts expect higher profit as strong spending o...Reuters
Wed, Apr 16
Liberty Company’s Johnson: Expanded credit facility to drive M&A, technology strategy
By James ThalerApril 16 - (The Insurer) - Liberty Company plans to leverage its expanded credit facility to accelerate its M&A strategy and deepen investments in the build-out of its tech platform, while it continues to aggressively hire producer talent and keep its options open for a public lis...Reuters
Wed, Apr 16
OpenAI in talks to buy Windsurf for about $3 billion, Bloomberg News reports
April 16 (Reuters) - OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter.Reuters
Wed, Apr 16
