By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – A majority of business executives in Mexico see the country’s economy stagnating in 2025 amid uncertainty around changes in government in the U.S. and Mexico as well as global geopolitical and trade conflicts, a survey published on Friday found. BY THE NUMBERS About 60% of the nearly 700…
By David Shepardson WASHINGTON (Reuters) -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms firms known as “Salt Typhoon” is a “clarion call” to address significant telecommunications security issues. “Salt Typhoon is a clarion call that reminds us that the security of our networks is absolutely vital…
By Mike Scarcella (Reuters) – The U.S. Justice Department on Friday questioned the fairness of a private $2.8 billion settlement with the National Collegiate Athletic Association, suggesting it might not go far enough to compensate student athletes. The Biden administration expressed its views in a filing in the federal court in Oakland, California, where the…
By Jonathan Stempel NEW YORK (Reuters) – Federal prosecutors on Friday dropped their corruption case against former New York Lieutenant Governor Brian Benjamin, following the death of a key witness. Benjamin, 48, had been expected to face trial in Manhattan federal court after being accused of funneling a $50,000 state grant to a real estate…
(Reuters) – The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron (NYSE:CVX)’s $53 billion takeover of Hess (NYSE:HES). According to the order, John Hess, CEO of the oil and gas producer, will be barred from joining the combined company’s board over allegations that…
By Jonathan Stempel (Reuters) – The U.S. Equal Employment Opportunity (SO:FTCE11B) Commission on Friday sued two large automakers, accusing General Motors (NYSE:GM) and the United Auto Workers of age discrimination and the Stellantis (NYSE:STLA) unit that includes Chrysler of subjecting female employees to sexual harassment. GM and the UAW were accused of having since October…
WASHINGTON (Reuters) – United Airlines said on Friday it is donating $1 million to President-elect Donald Trump’s inaugural committee and said CEO Scott Kirby (NYSE:KEX) plans to attend various events over the long holiday weekend. Kirby will attend dinners on Saturday and Sunday but not the actual inauguration itself that was moved inside due to…
(Reuters) – President-elect Donald Trump’s team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for deploying economic power, Bloomberg News reported on Friday. Plans discussed for the federal agency include how it could use investments to boost U.S. influence in Panama and…
(Reuters) – ChatGPT maker OpenAI has finalized a version of its new reasoning AI model o3 mini and would be launching it in a couple of weeks, CEO Sam Altman said on Friday. The Microsoft-backed company has considered user feedback and, consequently, plans to release the application programming interface (API) and ChatGPT simultaneously, Altman wrote…
By Gram Slattery, Chris Prentice and Jarrett Renshaw WASHINGTON (Reuters) – President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan. Trump, who courted crypto cash…
