An Oklahoma man has been charged with murder following a large explosion at a marijuana extraction facility that killed two of his employees and damaged surrounding businesses, prosecutors said Monday. Ryan Bassham, 35, turned himself in this weekend after being charged with two counts of first-degr
By Noel John and Sumit Saha Sept 1 (Reuters) – Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up 56 cents, or 0.6%, to $91.05 a barrel at
Aug 31 (Reuters) – Brazilian billionaire Joesley Batista, one of the owners of meatpacker JBS, met U.S. President Donald Trump on August 20 to discuss how additional beef supply from Brazil could help tame U.S. beef prices if Trump dropped a 26% import tax, the Wall Street Journal reported on Monday
TOKYO, Sept 1 (Reuters) – Japan’s manufacturing sector picked up in August as new business grew at the fastest pace since January 2018 on solid demand for semiconductors and AI-related products, a business survey showed on Tuesday. • The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI
SEATTLE, Aug 31 (Reuters) – Negotiators from Boeing and the union representing engineers and technical workers in Washington and other states will resume contract talks on September 8, the union announced on Monday. Talks ended after members of the Society of Professional Engineering Employees in Ae
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, Aug 31 (Reuters) – U.S. companies Chevron and GE Vernova, India’s ONGC, Italy’s Eni and Colombia’s GeoPark are on track to sign final agreements in Venezuela after months of negotiations to firm up energy projects in the OPEC country, five sour
NEW YORK (AP) — The Federal Trade Commission and 22 states filed a lawsuit against online retailer Amazon on Monday claiming that it defrauded advertising customers. The lawsuit, filed in the U.S. District Court in the Western District of Washington, claims that Amazon overcharged 1.2 million advert
By Steve Holland and Jarrett Renshaw WASHINGTON, Aug 31 (Reuters) – U.S. oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday. The takeover will be part of a swee
By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) – Chinese online fashion giant Shein’s Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre
By Sheila Dang HOUSTON, Aug 31 (Reuters) – U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela. Exxon declined to comment. Any entrance into the South American country would mark a stunning reversal
CHICAGO (AP) — U.S. President Donald Trump has asked Apple to change the name of Lake Ontario to “Lake America” on its maps app, his administration’s interior chief said Monday, days after signing an executive order over the body of water now in the spotlight amid his escalating trade war with Canad
By Jamie McGeever ORLANDO, Florida, Aug 31 (Reuters) – The benchmark 10-year U.S. Treasury yield on Monday spiked above 4.75% for the first time since January last year, part of a worldwide bond selloff, which weighed on stock markets, as investors digested an escalation in the U.S.-Iran war and the
By Sabrina Valle NEW YORK, Aug 31 (Reuters) – JPMorgan Chase has hired investment banker Ward Jones as head of Mid-Cap Basic Materials Investment Banking, according to an internal memo seen by Reuters. Jones will focus on building products, building products distribution, and paper and packaging com
Aug 31 (Reuters) – KKR-backed OPI nail polish owner Wella Company filed for a U.S. IPO on Monday, adding to a growing list of consumer companies looking to test investor interest for retail brands in public markets. The hair and nail care firm, which owns a portfolio of brands including Clairol, Seb
By Ross Kerber Aug 31 (Reuters) – The U.S. Securities and Exchange Commission has taken a step toward eliminating its requirements for shareholder proposals at public companies and giving new powers to states, a shift that would diminish the influence of investor activists. In a regulatory notice da
By Jonathan Stempel Aug 31 (Reuters) – A U.S. judge said the former parent of Silicon Valley Bank cannot pursue a $1.71 billion claim against the FDIC stemming from the bank’s March 2023 collapse, one of the largest U.S. bank failures. In a 206-page decision on Friday, U.S. District Judge Beth Labso
By David Lawder ASHEVILLE, North Carolina, Aug 31 (Reuters) – U.S. officials urged Group of 20 country finance leaders on Monday to push harder for economic growth as the best way to counter concerns over rising global debt levels. The two-day meeting in Asheville, North Carolina, comes as the globa
JOHANNESBURG (AP) — A pregame stunt involving two passenger jets flying dramatically low over a sports stadium in South Africa drew huge cheers from the estimated crowd of around 56,000 people, but also sparked a major debate over safety risks. The flyby by two Embraer jets operated by local airline
By Rachel More and Christina Amann DRESDEN, Germany, Aug 31 (Reuters) – Volkswagen’s workers, management and political leaders must work together to minimise the impact of job and capacity cuts at Europe’s biggest automaker and boost its competitiveness, the state leader of Saxony said. State premie
By Munsif Vengattil BENGALURU, Aug 31 (Reuters) – Meta on Monday removed dozens of advertisements after India flagged a pattern of Facebook and Instagram ads using sexually explicit content to lure users into downloading malware that could steal banking credentials and drain bank accounts. India rec
By Suzanne McGee PROVIDENCE, Rhode Island, Aug 31 (Reuters) – Yorkville America, the asset manager behind President Donald Trump’s Truth Social exchange-traded funds, is close to completing an acquisition aimed at broadening its product range, the firm’s CEO Steve Neamtz told Reuters. Neamtz, who jo
FRANKFURT, Aug 31 (Reuters) – Germany’s largest union, IG Metall, on Monday warned of maximum resistance to any efforts by Volkswagen to unwind a previously agreed restructuring package, stopping short of threatening strikes ahead of a crucial board meeting at the end of the week. Volkswagen’s manag
TOKYO (AP) — Japanese automakers Nissan and Honda entered a deal to jointly develop computer parts and software for vehicles set to enter the market in fiscal 2029, both sides said Monday. Under the deal, Nissan, based in the port city of Yokohama, and Tokyo-based Honda will share standardized parts
By Niket Nishant and Utkarsh Hathi Aug 31 (Reuters) – The main U.S. stock indexes were on course to open lower on Monday after military strikes between the U.S. and Iran drove up oil prices, fanning inflation worries as the interest-rate outlook turns more hawkish. The losses could set the tone for
(Corrects paragraph 15 to say KKR and a Canadian pension fund bought USI in 2017, not 2014; The error appeared in previous versions of the story) By Arasu Kannagi Basil Aug 31 (Reuters) – Aon said on Monday it will buy rival USI Insurance Services in a $17 billion deal from private equity firm KKR,
TOKYO (AP) — Japan plans to use drones, artificial intelligence and new methods of warfare as it adapts its defense strategies to suit changing times, according to details of an 8.9 trillion yen ($55.6 billion) budget request for the coming fiscal year disclosed by the Defense Ministry on Monday. Th
HOUSTON/CARACAS, Aug 31 (Reuters) – A massive long-term oil deal expected to grant the U.S. access to a fifth of Venezuela’s crude reserves has energy experts and lawyers questioning its legality and eventual execution, while calling on both governments for contract transparency. The unprecedented p
By Ann Saphir JACKSON HOLE, Wyoming, Aug 31 (Reuters) – Imagine a world where AI-powered trading is so prevalent, fast and effective that the Federal Reserve must give two news conferences, one for humans and another for machines, to avoid humans being completely shut out of responding to shifts in
SYDNEY, Aug 31 (Reuters) – Some ground crew at Australia’s largest airline, Qantas Airways, on Monday voted overwhelmingly in favour of strike action over pay and job conditions. The Transport Workers Union said 97% of 350 workers who voted backed industrial action, including work stoppages ranging
(AP) – Treasury Secretary Scott Bessent is bringing a message of economic growth, energy independence, and financial stability to the world’s largest economies this week, as the United States works to strengthen its position on trade, national security, and global debt. Bessent is hosting meetings o
