US Senate rejects bill to restore federal worker pay, remains at odds over shutdown
By David Morgan, Bo Erickson, Nolan D. McCaskill and Andy Sullivan WASHINGTON (Reuters) -The U.S. Senate on Friday rejected legislation…
Author: The Trading Report
Amazon takes low-cost ecommerce service global
(Reuters) -Amazon.com on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it…
Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral
By Howard Schneider WASHINGTON (Reuters) -The Fed should “proceed slowly” in approving further interest rate cuts as monetary policy moves…
Ford’s US October sales rise on demand for pickup trucks despite EV decline
(Reuters) -Ford on Monday reported a 1.6% rise in U.S. sales in October, as a rise in demand for pickup…
US FDA’s drug division chief resigns amid ethics concerns and lawsuit
(Reuters) -The director of the U.S. Food and Drug Administration’s Center for Drug Evaluation and Research, George Tidmarsh, resigned on…
Samsung hit with $191.4 million US jury verdict in OLED patent trial
By Blake Brittain (Reuters) -Samsung Electronics owes patent owner Pictiva Displays $191.4 million in damages for infringing two U.S. patents covering…
OPEC+ set to agree another modest oil output increase, sources say
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ is set to agree on Sunday on another modest…
Israeli strike kills one in Gaza as sides trade blame for truce violations
By Pesha Magid and Nidal al-Mughrabi JERUSALEM/CAIRO (Reuters) -An Israeli airstrike killed a Palestinian man in the Gaza Strip on…
Australia, Canada sign deal to promote, strengthen critical minerals cooperation
SYDNEY (Reuters) -Australia said on Saturday it signed an agreement with Canada to promote and strengthen bilateral cooperation and trade…
The great AI buildout shows no sign of slowing
By Akash Sriram (Reuters) -A momentous week in the technology sector made it clear there is no sign the boom…