By Maiya Keidan and Brad Brooks (Reuters) -Democratic lawmakers in Texas returned to the state on Monday, ending a walkout that broke quorum and blocked Republican efforts to redraw congressional maps at the behest of U.S. President Donald Trump. Texas House of Representatives Minority Leader Gene Wu, chairperson of the Texas House Democratic Caucus, said…
(Reuters) -Upcoming streaming services of ESPN and Fox will be bundled for $39.99 per month starting October 2, the companies said on Monday, offering sports fans a wide range of major events including the NFL and NBA at a discounted rate. The bundle is the first significant deal involving major sports rights holders after Disney,…
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump avoided a question on Monday about whether he would extend an August 12 deadline for higher U.S. tariffs on Chinese goods, saying, “we’ll see what happens,” as he lauded China’s cooperation in talks with the U.S. “We’ve been dealing very nicely with China. As you have probably…
WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Monday that he would not make a deal with American AI chip giant Nvidia, led by CEO Jensen Huang, to allow for sales of a next-generation advanced GPU in China, but stopped short of ruling it out. “Jensen also has the new chip, the Blackwell,” Trump told…
(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen by Reuters on Thursday, as the U.S. bank seeks to grow its share of the lucrative dealmaking business. Baygual, who has spent over 25 years at JPMorgan, most recently served as the global co-head of…
By Howard Schneider WASHINGTON (Reuters) -Risks to the job market have increased, but it remains too soon to commit to interest rate cuts before the next meeting of the U.S. Federal Reserve with key data still to come and inflation still expected to rise in coming months, Atlanta Fed President Raphael Bostic said on Thursday….
By Brad Brooks (Reuters) -The U.S. Department of Education said on Thursday that it is investigating Baltimore City Public Schools over allegations of tolerating anti-Semitic incidents. The investigation was ignited by a complaint from the Anti-Defamation League, a Jewish advocacy group, against school leaders. The Department of Education said in a written statement that its…
(Reuters) -The United States imposed sanctions Thursday on 18 entities and individuals to target what the Treasury Department called a network helping Iran evade sanctions and generate revenue. The U.S. targets include RUNC Exchange System Company and its leadership, Cyrus Offshore Bank, and Iranian software holding company Pasargad Arian Information and Communication Technology, according to…
(Reuters) -Fox Corp topped Wall Street estimates for quarterly revenue and profit on Tuesday, driven by a surge in advertising, affiliate fee and continued growth at its free ad-supported streaming service, Tubi. The company also announced a $5 billion increase to its share repurchase authorization. The owner of Fox News saw revenue from affiliate fee…
(Reuters) -New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., on Monday filed for an initial public offering of up to $300 million in the United States. The move is the latest in a series of ventures by U.S. President Donald Trump’s family, including a meme coin launched…
