Google offers to loosen search deals in US antitrust case remedy
By Jody Godoy (Reuters) -Alphabet’s Google proposed on Friday a loosening of its agreements with Apple and others to set Google as the default search engine on new devices, in…
Potential TikTok bidder seeks a CEO, prepares business overhaul
By Sheila Dang and Krystal Hu (Reuters) – U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok’s business model as part of a plan to bid for…
US finalizes up to $6.35 billion in chips awards for Samsung Electronics, Texas Instruments
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea’s Samsung Electronics and up to…
US funding bill to include plan to allow year-round E15 gasoline sales, sources say
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – An upcoming U.S. government funding bill is expected to include a plan that would allow year-round sales of gasoline with…
Grubhub to pay $25 million for misleading customers, restaurants, drivers
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to…
Paramount’s $8.4 billion Skydance merger faces FCC challenge by Center for American Rights
(Reuters) – The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to challenge the planned $8.4 billion merger between Paramount Global and…
Canada to impose more tariffs on Chinese imports in new year
By Promit Mukherjee OTTAWA (Reuters) – Canada plans to impose tariffs on a slew of Chinese products from as early as next year, the government’s fiscal update showed, as part…
Half US at high risk of power shortfall in next decade, regulator says
NEW YORK (Reuters) – About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation…
Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1 billion merger deal
By Manya Saini (Reuters) -Berkshire Hills Bancorp and Brookline Bancorp have agreed to merge in an all-stock deal valued at about $1.1 billion, the regional lenders said on Monday, in…
US manufacturers predict growth in 2025 after prolonged slump
WASHINGTON (Reuters) – U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024’s pace.…