News
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Italian Steel Plant Demands 7 Billion Euros In Damages From Arcelormittal - FT
Jan 12 (Reuters) - ITALIAN STEEL PLANT DEMANDS €7BN IN DAMAGES FROM ARCELORMITTAL - FTACCIAIERIE D’ITALIA IS SEEKING COMPENSATION FOR WHAT IT ALLEGES WAS ARCELORMITTAL’S “MISMANAGEMENT” OF THE STEELWORKS- FTSource text: https://tinyurl.com/bdcnu2pnReuters
Mon, Jan 12
US charges man shot by Border Patrol agent in Portland
By Brad Brooks Jan 12 (Reuters) - The Venezuelan man shot by a border patrol agent last week in Portland, Oregon, was charged on Monday with assaulting federal officers, the U.S. Justice Department said.The department said Luis Nino-Moncada will make a court appearance on Monday to face charges o...Reuters
Mon, Jan 12
Two Canadian members of parliament end Taiwan trip ahead of Carney's China visit
By Wa Lone TORONTO, Jan 12 (Reuters) - Two Canadian Members of Parliament are ending a trip to Taiwan early this week ahead of Prime Minister Mark Carney's visit to China, they said in a statement on Monday.Helena Jaczek and Marie-France Lalonde, who are both members of Carney's Liberal P...Reuters
Mon, Jan 12
CORRECTED-Medtronic has 'significant firepower' for multiple acquisitions, executive says
Jan 12 (Reuters) - Medtronic MDT.N has "significant firepower" with its balance sheet to carry out a meaningful number of acquisitions without any problem, Chief Financial Officer Thierry Piéton said at a major industry conference that kicked off Monday in San Francisco.The medical device ma...Reuters
Mon, Jan 12
FCC revises Verizon device unlocking rules after fraud issues
WASHINGTON, Jan 12 (Reuters) - The Federal Communications Commission on Monday revised a long-standing rule that required Verizon Communications VZ.N to unlock its handsets 60 days after activation, which it said is costing the telecommunications company hundreds of millions of dollars annually due ...Reuters
Mon, Jan 12
US officials, Vance urge Trump to try diplomacy before strikes on Iran, WSJ reports
Jan 12 (Reuters) - Some senior aides in President Donald Trump's administration led by Vice President JD Vance are urging Trump to try diplomacy before strikes against Iran, the Wall Street Journal reported Monday, citing U.S. officials.The White House was weighing an offer from Iran to engage i...Reuters
Mon, Jan 12
Trump DOJ fires prosecutor who declined to pursue James Comey case, MS Now reports
WASHINGTON, Jan 12 (Reuters) - The Trump administration has fired a Justice Department prosecutor after he declined to lead the prosecution of former FBI Director James Comey, MS Now reported on Monday, citing multiple people briefed on the matter.Robert McBride, 64, the No. 2 official in the depart...Reuters
Mon, Jan 12
Sarepta Reconfirms Yearly Sales Floor For ELEVIDYS Of $500.0 Mln
Jan 12 (Reuters) - Sarepta Therapeutics Inc SRPT.O:SAREPTA REPORTS PRELIMINARYFOURTH QUARTER AND FULL-YEAR 2025 NET PRODUCT REVENUESSAREPTA THERAPEUTICS Q4 REVENUE USD 369.6 MILLION VS. IBES ESTIMATE USD 351.7 MILLIONSAREPTA THERAPEUTICS INC - Q4 NET PRODUCT REVENUE FOR ELEVIDYS TOTALED $110.4 MLNS...Reuters
Mon, Jan 12
Opentext Completes Divestiture Of Non-Core Unit For $163 Mln
Jan 12 (Reuters) - Open Text Corp OTEX.TO:OPENTEXT COMPLETES DIVESTITURE OF NON-CORE UNIT FOR $163 MILLIONOPEN TEXT CORP - OPENTEXT TO USE PROCEEDS TO REDUCE DEBTOPEN TEXT CORP - OPENTEXT DIVESTS EDOCS TO NETDOCUMENTS SOFTWAREReuters
Mon, Jan 12
Musk On Apple, Google Collaboration: Seems Like Unreasonable Concentration Of Power For Google
Jan 12 (Reuters) - MUSK ON APPLE AND GOOGLE COLLABORATION: SEEMS LIKE AN UNREASONABLE CONCENTRATION OF POWER FOR GOOGLE, GIVEN THAT THEY ALSO HAVE ANDROID AND CHROMESource text: https://x.com/elonmusk/status/2010785742427979894?s=20Reuters
Mon, Jan 12
Trump DOJ fires prosecutor who declined to pursue James Comey cas, MS Now reports
WASHINGTON, Jan 12 (Reuters) - The Trump administration has fired a Justice Department prosecutor after he declined to lead the prosecution of former FBI Director James Comey, MS Now reported on Monday, citing multiple people briefed on the matter.Robert McBride, 64, was the No. 2 official in the de...Reuters
Mon, Jan 12
Britain's JD Sports launches AI shopping for US customers
JD Sports partners commercetools and Stripe for AI-driven salesRetailers such as Walmart also developing AI shopping toolsAI initiative will enhance store efficiency, says JD Sports CEOBy Siddharth Cavale and James Davey LONDON/NEW YORK, Jan 12 (Reuters) - British sportswear retailer JD Sports Fa...Reuters
Mon, Jan 12
BREAKINGVIEWS-White House whims create bank capital dilemma
By Stephen Gandel NEW YORK, Jan 12 (Reuters Breakingviews) - For Wall Street, the Trump presidency is a matter of give and take. Shares of the biggest U.S. lenders have surged in anticipation of regulatory relief that would leave them with over $140 billion of excess capital, judging by the avera...Reuters
Mon, Jan 12
US Treasury chief told Trump that Powell probe creates a mess, Axios reports
Jan 12 (Reuters) - U.S. Treasury Secretary Scott Bessent told President Donald Trump on Sunday that the federal probe into Federal Reserve Chair Jerome Powell "made a mess" and could be bad for financial markets, Axios reported on Monday, citing two sources.Reuters
Mon, Jan 12
Novo Nordisk CEO flags 1.5 million US users of compounded GLP-1 drugs
By Maggie Fick and Mrinalika RoyJan 12 (Reuters) - Novo Nordisk NOVOb.CO CEO Mike Doustdar said on Monday as many as 1.5 million patients in the U.S. may be using compounded versions of blockbuster GLP-1 drugs, underscoring how cheaper, unapproved alternatives have captured a significant share of de...Reuters
Mon, Jan 12
BREAKINGVIEWS-Airline deal flies smoother with fewer passengers
By Jonathan GuilfordNEW YORK, Jan 12 (Reuters Breakingviews) - Deals done at 40,000 feet have a better chance of success with fewer people involved. Airline M&A has been choppy in the United States, but discount carrier Allegiant Travel's ALGT.O plan to buy peer Sun Country Airlines SNCY.O ...Reuters
Mon, Jan 12
Canadian National files with US regulator for more details on Union Pacific-Norfolk deal
By Abhinav Parmar Jan 12 (Reuters) - Canadian National CNR.TO on Monday said it filed a motion with the U.S. Surface Transportation Board seeking an order that requires Union Pacific UNP.N and Norfolk Southern NSC.N to disclose additional details about their proposed merger.The $85 billion deal, ...Reuters
Mon, Jan 12
