Business

Social media CEOs to testify at US Senate hearing in January // The chief executives of social media companies Meta, X, TikTok, Snap and Discord will testify on online child sexual exploitation at a Jan. 31 U.S. Senate hearing, the Senate Judiciary Committee said on Wednesday.
FILE PHOTO: Meta and TikTok logos are seen in this illustration taken February 15, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Meta and TikTok logos are seen in this illustration taken February 15, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Read More >
#U.S. & 3 other topics
CSX train derailment in Kentucky was avoidable, lawsuit claims // A group of Kentucky residents on Wednesday sued CSX, saying the railroad operator could have prevented a train derailment that spilled molten sulfur in remote eastern Kentucky on the eve of the U.S. Thanksgiving holiday.
Read More >
#U.S. & 2 other topics
'We aren't going anywhere': How Panama fishing boats brought First Quantum to its knees // For more than a month, a group of 16 fishing boats has been blocking a key port in Panama, choking off coal and essential supplies destined for First Quantum Minerals' giant copper mine there, eventually forcing it to halt operations at the company's biggest revenue source.
People react after Panama's top court ruled unconstitutional a mining contract with Canadian miner First Quantum to operate a copper mine in the country, following weeks of protests against the deal, in Panama City, Panama, November 28, 2023. REUTERS/Aris Martinez
People react after Panama's top court ruled unconstitutional a mining contract with Canadian miner First Quantum to operate a copper mine in the country, following weeks of protests against the deal, in Panama City, Panama, November 28, 2023. REUTERS/Aris Martinez
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez
Read More >
#World#Business
USDA opens applications for $300 million to help exporters break into new markets // The U.S. Department of Agriculture on Wednesday said it would start accepting applications for an initial $300 million in funding to help U.S. agricultural exporters break into new markets outside China, Canada, Mexico and the European Union.
FILE PHOTO: An alfalfa field, a water-intensive crop, is cut by a Triple M Farms employee amid extreme drought conditions in Pinal County near Casa Grande, Arizona, U.S., August 27, 2022. REUTERS/Rebecca Noble/File Photo
FILE PHOTO: An alfalfa field, a water-intensive crop, is cut by a Triple M Farms employee amid extreme drought conditions in Pinal County near Casa Grande, Arizona, U.S., August 27, 2022. REUTERS/Rebecca Noble/File Photo
Read More >
#U.S.#Business
US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties // The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers.
FILE PHOTO: U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid/File Photo
A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo
A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo
Read More >
#U.S. & 2 other topics
US allows pork plants to keep operating at accelerated speeds // The U.S. Department of Agriculture on Tuesday said it will extend for up to 90 days a trial program that allows six U.S. pork plants to operate faster processing-line speeds while collecting data on how the speeds affect meatpacking workers.
FILE PHOTO: A semi truck and trailer exit the JBS USA Worthington pork plant in Worthington, Minnesota, U.S., October 28, 2020. REUTERS/Bing Guan/File Photo
FILE PHOTO: A semi truck and trailer exit the JBS USA Worthington pork plant in Worthington, Minnesota, U.S., October 28, 2020. REUTERS/Bing Guan/File Photo
Read More >
#U.S. & 2 other topics
US third-quarter economic growth revised up to 5.2% // The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.
FILE PHOTO: An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo
FILE PHOTO: An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo
Read More >
#U.S.#Business
China's Xi visits financial hub Shanghai in first trip in three years // China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city's efforts to strengthen its competitiveness as an international financial centre, Xinhua news agency reported on Wednesday.
Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque
Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque
Read More >
#World#Business
The wit and wisdom of Charlie Munger // Charlie Munger, Warren Buffett's witty and sardonic deputy who helped shape the strategy that transformed Berkshire Hathaway into a conglomerate, died on Tuesday at age 99. His humorous one-liners endeared him to thousands of attendees at Berkshire's annual shareholder meetings, and a generation of corporate America's executives swear by his investing insights.
Read More >
#Business
Chemours, DuPont, Corteva reach $110 million 'forever chemicals' Ohio settlement // Chemours, Dupont De Nemours and Corteva have reached a settlement agreement with the U.S. state of Ohio for $110 million to resolve claims associated with toxic "forever chemicals", the companies said on Wednesday.
FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo
FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo
Read More >
#U.S.#Business