By Howard Schneider WASHINGTON (Reuters) – New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing “widespread disruptions” focused on manufacturing industries in Midwestern and Southern states, a new analysis…
By David Shepardson WASHINGTON (Reuters) – Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate…
By Zaheer Kachwala, Medha Singh and Suzanne McGee (Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock has been popular with retail investors, remaining the top trending ticker on retail investor-focused social media stocktwits.com…
(Reuters) -Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent the company from facing an antitrust trial later this month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Meta and its representatives have met with the…
