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U.S. customs agency says tariff refunds system between 40% and 80% complete
March 12 (Reuters) - The U.S. government's four-part system for refunding $166 billion in illegal tariff payments with interest is between 40% and 80% complete, according to a court filing on Thursday from a top customs official.Reuters
20 minutes ago
Iran to be high on G7 ministerial agenda at upcoming meeting, Canada says
OTTAWA, March 12 (Reuters) - The foreign ministers from the Group of Seven will have detailed discussions on diplomatic efforts related to the war in Iran when they meet near Paris at a scheduled meeting at the end of March, Canada's foreign minister said on Thursday. France, which is currently ...Reuters
22 minutes ago
Amazon unit withdraws from drone trade group, raises safety concerns
WASHINGTON, March 12 (Reuters) - Amazon.com drone unit Prime Air is withdrawing from the Commercial Drone Alliance, saying it had safety concerns that were incompatible with the group's positions.Amazon Prime Air said in a letter seen Thursday by Reuters that the alliance's positions "on...Reuters
26 minutes ago
US reopens DEA office in Dominican Republic after corruption probe
MEXICO CITY, March 12 (Reuters) - The United States has reopened its Drug Enforcement Administration (DEA) office in the Dominican Republic's capital, its embassy said on Thursday, a month after it closed over a corruption investigation involving a top agent.The office was temporarily closed in ...Reuters
29 minutes ago
Israeli military says it struck Basij checkpoints in Tehran
JERUSALEM, March 12 (Reuters) - The Israeli military struck checkpoints in Tehran operated by the Basij, it said on Thursday, as part of an effort to weaken the rule of Iran's clerical leaders. The Basij militia is a part-time paramilitary force under the control of the Islamic Revolutionary Gua...Reuters
30 minutes ago
Israel strikes heart of Beirut, signals long campaign
Israeli airstrike hits around 1 km from government headquartersIsrael orders people to leave another swathe of southLebanese authorities: death toll at 687, including 98 childrenUN official: cost on civilians too high, urges respect for lawBy Ahmed Kerdi, Maya Gebeily and Maayan Lubell BEIRUT/JER...Reuters
31 minutes ago
BREAKINGVIEWS-Jamie Dimon starts to walk the doomsday talk
By Stephen Gandel NEW YORK, March 12 (Reuters Breakingviews) - Jamie Dimon has a penchant for ominous warnings. The CEO’s bankers at JPMorgan JPM.N may have taken them to heart. The firm cut its loans outstanding to business credit intermediaries, like private credit funds and other corporate len...Reuters
33 minutes ago
US Senate fails to end standoff over funding Homeland Security, airport screening
By David ShepardsonWASHINGTON, March 12 (Reuters) - Senate Democrats failed in a bid on Thursday to fund the Transportation Security Administration as Republicans demand lawmakers approve funding for the entire Homeland Security Department.The Senate later on Thursday is set to take a procedural vot...Reuters
34 minutes ago
Bloomberg tells Dubai, Gulf staff they can temporarily leave region
US-Israeli war with Iran in its 13th dayConflict has spread throughout the Middle EastDubai, other Gulf cities, attacked by IranMichael Bloomberg says company is committed to the GulfBy Alexander Cornwell March 12 (Reuters) - Bloomberg has told employees based in the Gulf, including at its Dubai ...Reuters
34 minutes ago
SoftBank-backed PayPay valued at $12.7 billion in Nasdaq debut as shares jump
By Arasu Kannagi Basil, Utkarsh Shetti and Echo Wang March 12 (Reuters) - PayPay's PAYP.O shares opened roughly 19% above their offer price in a widely anticipated Nasdaq debut on Thursday, valuing the Japanese payments app at $12.7 billion and giving a much-needed boost to the new listings m...Reuters
36 minutes ago
US NATO envoy says allies must 'pull weight' after Czech defence cut
PRAGUE, March 12 (Reuters) - The United States' ambassador to NATO said on Thursday that all allies must "pull their weight", after Czech lawmakers approved a 2026 budget that cuts defence outlays.Czech Prime Minister Andrej Babis' government, in power since December, pushed a revamp...Reuters
38 minutes ago
Active shooter at Michigan synagogue, authorities say
WASHINGTON, March 12 (Reuters) - The Michigan State Police reported an active shooting incident on Thursday at the Temple Israel Synagogue in West Bloomfield, Michigan, and law enforcement authorities rushed to the scene.No official details were immediately available, but aerial news footage from ov...Reuters
40 minutes ago
CORRECTED-Telus says it is investigating hack of its systems
March 12 (Reuters) - Canadian telecommunications and business services firm Telus T.TO is investigating a cybersecurity incident involving unauthorized access to some of its systems, a company spokesperson said on Thursday.The ShinyHunters hacking group told Reuters in a message it stole at least 70...Reuters
47 minutes ago
Teamsters Says Without Worker Protections, DOJ Must Block Paramount-Warner Merger
March 12 (Reuters) - Teamsters:TEAMSTERS: WITHOUT WORKER PROTECTIONS, DOJ MUST BLOCK PARAMOUNT-WARNER MERGERTEAMSTERS: UNION WARNS CONSOLIDATION RISKS LAYOFFS, INDUSTRY STABILITY, AND LABOR STANDARDS FROM WBD-PARAMOUNT DEALReuters
49 minutes ago
US Politics Newsletter - Trump’s 'little excursion'
By Trevor Hunnicutt March 12 - Iran is warning that oil could top $200 a barrel as it responds to the U.S. and Israeli strikes by trying to cripple global oil markets. Trump’s promises of a new economic “golden age” are at risk. How much time will “America First” voters give the U.S. president fo...Reuters
50 minutes ago
