GM to invest $632 million in Indiana plant for future truck production
By David Shepardson (Reuters) – General Motors plans to invest $632 million in its Fort Wayne, Indiana, assembly facility to…
Economy
UBS completes Credit Suisse takeover to become wealth management behemoth
By Noele Illien ZURICH (Reuters) -UBS completed its emergency takeover of embattled local rival Credit Suisse on Monday, forging a…
US asks Mexico to review alleged denial of workers’ rights at garment facility
WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a denim garment factory in the…
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
(Reuters) – The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged,…
Argentina inflation seen speeding up in May, bucking regional trend
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped up to 8.8% in May, according to…
Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its…
Goldman Sachs CEO says U.S. economy ‘more resilient’ than expected
(Reuters) -Goldman Sachs Chief Executive David Solomon told CNBC on Monday that the U.S. economy has been more resilient than…
US decision on Mexico air safety rating independent of politics, Buttigieg says
By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg on Monday said he told Mexican President Andres Manuel Lopez…
Bidens offer ‘joy’ at White House Pride event as LGBTQ attacks mount
(This June 10 story has been corrected to say that Pete Buttigieg is the first openly LGBTQ U.S. Cabinet secretary…
Oreo-maker Mondelez faces Nordic backlash over Russia business
By Terje Solsvik OSLO (Reuters) -Mondelez International, facing a widening corporate boycott in the Nordic region over its presence in…