Oil slumps 5% to five-week low amid US debt default fears
By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about…
Business
Dollar dips as job openings fall, Fed meeting in focus
By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in…
White House says Toyota ‘fully committed’ to electrifying auto fleet
By David Shepardson WASHINGTON (Reuters) -White House senior adviser John Podesta said Toyota Motor Corp “had been the laggard” on…
Revlon emerges from bankruptcy after lender takeover
By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7…
Biden will talk budget but won’t negotiate debt ceiling in Congress meeting
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -President Joe Biden will not negotiate over the debt ceiling during his…
As lithium miners gear up for first-quarter earnings, investors focus on tumbling prices
By Arshreet Singh (Reuters) – U.S. lithium miners Albemarle and Livent are expected to report a rise in quarterly profit…
U.S. job openings report keeps some soft landing hopes alive
By Howard Schneider WASHINGTON (Reuters) – A continued drop in job openings and a dip in the rate at which…
US labor market softens as job openings drop, layoffs at highest level in over 2 years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell for a third straight month in March and layoffs increased…
Biden administration pledges fight to keep climate-friendly farming funds
By Leah Douglas WASHINGTON (Reuters) – The Biden administration will defend funding for climate-smart farming in the $430 billion U.S….
VMware hit with $84.5 million verdict in US retrial over software patents
By Blake Brittain (Reuters) – VMware Inc must pay $84.5 million for infringing two patents belonging to rival software company…