By Juveria Tabassum Feb 5 (Reuters) – From increased ad spend, Wimbledon tie-ups to price hikes, U.S. retailers like Estee Lauder and Ralph Lauren are pulling out all stops to corner a slice of a market increasingly split along income lines as they try to shake off tariff pressure. Consumer-facing companies were among the worst-hit…
By Emma Farge and David Brunnstrom GENEVA/WASHINGTON, Feb 4 (Reuters) – U.N. Secretary-General Antonio Guterres is sounding the alarm on U.N. finances, warning that the world body is at risk of “imminent financial collapse” due to unpaid fees and a budget rule that forces it to return unspent funds. Guterres has repeatedly spoken about the…
COPENHAGEN, Feb 2 (Reuters) – Greenland Prime Minister Jens-Frederik Nielsen warned on Monday that while U.S. President Donald Trump has ruled out military force, Washington still fundamentally seeks to control the Arctic island. Trump intensified calls for U.S. control over Greenland at the start of the year, citing national security concerns related to Russia and…
Jan 30 (Reuters) – Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while delaying the rollout of its standard model due to a marketing strategy shift and supply-chain constraints, Nikkei Asia reported on Friday, citing four people with knowledge of the matter. Reuters could not immediately verify the report….
WASHINGTON, Jan 30 (Reuters) – U.S. Trade Representative Jamieson Greer on Friday signed a U.S.-Guatemala agreement on reciprocal trade with the country’s economic minister, the USTR’s office said in a statement. The agreement “addresses trade barriers facing American workers and producers, expands and solidifies markets for U.S. exports, and strengthens strategic economic ties in the…
By Jasper Ward Jan 30 (Reuters) – New York Governor Kathy Hochul on Friday introduced a bill aimed at banning local law enforcement from being deputized by U.S. Immigration and Customs Enforcement to take part in immigration enforcement operations. The bill, which was unveiled amid national U.S. protests following two fatal shootings of U.S. citizens…
Jan 29 (Reuters) – Elon Musk’s SpaceX is considering a potential merger with Tesla as well as an alternative combination with artificial-intelligence company xAI, Bloomberg News reported on Thursday, citing people familiar with the matter. Tesla’s shares were up 3% after the bell following the report. SpaceX and xAI are in discussions to merge ahead…
By Nate Raymond BOSTON, Jan 30 (Reuters) – Immigrant rights advocates filed a lawsuit on Friday challenging a recently disclosed policy adopted by U.S. Immigration and Customs Enforcement allowing its officers to enter the homes of people suspected of living in the United States illegally without a judicial warrant. The lawsuit by the Greater Boston…
(Refiles to correct story links) Jan 29 (Reuters) – Wells Fargo awarded CEO Charlie Scharf $40 million in compensation for 2025, up 28% from $31.2 million a year earlier, the bank said in a filing on Thursday. The lender’s board cited Scharf’s leadership in fixing major compliance problems and closing several major regulatory punishments, as…
By Chris Prentice NEW YORK, Jan 30 (Reuters) – The U.S. Securities and Exchange Commission on Friday tapped new board members to lead the country’s audit watchdog, including a new chairman who spent four decades at large audit firm Ernst and Young. The SEC said in a statement that it has tapped retired EY auditor…
