By Tim Reid and Ted Hesson WASHINGTON (Reuters) -Republican presidential candidate Donald Trump does not rule out building detention camps on U.S. soil for migrants in the country illegally if he wins a second White House term, he told Time magazine in an interview published on Tuesday. Trump was asked whether he would build new […]

By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet’s first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Its shares jumped 10% […]

By Daniel Wiessner (Reuters) -The U.S. Chamber of Commerce, the country’s largest business lobby, filed a lawsuit on Wednesday seeking to strike down a federal agency’s near-total ban on employers requiring workers to sign agreements not to join rivals or launch competing businesses. The Chamber’s lawsuit in federal court in Tyler, Texas, alleges that the […]

By Elizabeth Howcroft LONDON (Reuters) – Bitcoin’s so-called halving event has had little impact on its price so far, with industry insiders on Monday saying the cryptocurrency’s fortunes were more closely tied to broader financial market sentiment and geopolitics. Bitcoin enthusiasts had eagerly waited for the “halving” – a change to the cryptocurrency’s underlying technology […]

By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) – Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap. Even though P&G’s third-quarter net sales fell short of analysts’ expectations, the company has […]

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from Federal Reserve officials suggested the central bank was unlikely to cut interest rates in the near future. Economic data showed that the labor market remained resilient, […]

By Allison Lampert and Abhijith Ganapavaram (Reuters) -Boeing’s safety culture and manufacturing quality, both at the center of a corporate crisis following a January mid-air panel blowout on a near-new 737 MAX 9, were scrutinized on Wednesday in two U.S. Senate hearings. Testimony at the U.S. Senate Permanent Subcommittee on Investigations raised questions about Boeing’s […]

By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious U.S. Federal Reserve commentary and ongoing geopolitical strife against mixed quarterly earnings. Benchmark U.S. Treasury yields and the dollar eased back from multi-month highs, while gold backed down from its all-time high. All three major […]