Tether says it has frozen $4.2 billion of its stablecoin over crime links
By Elizabeth Howcroft PARIS, Feb 27 (Reuters) – El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion…
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Hormel misses quarterly sales estimates on weak retail demand
Feb 26 (Reuters) – Skippy peanut butter maker Hormel Foods missed quarterly sales estimates on Thursday, reflecting U.S. consumers’ shift…
CoreWeave slides as surging capex, backlog risks overshadow small revenue beat
By Anhata Rooprai and Krystal Hu Feb 26 (Reuters) – CoreWeave expects capital expenditure to double this year, it said…
Pentagon chief Hegseth says officers will stop attending Ivy League programs
Feb 27 (Reuters) – The U.S. Defense Department will stop sending officers on professional courses and graduate programs at Ivy…
India’s economic growth slips to 7.8%, but still leads major nations
By Nikunj Ohri, Manoj Kumar and Shubham Batra NEW DELHI, Feb 27 (Reuters) – India’s economic growth slowed in the…
BASF is looking into legal claims by U.S. unit for tariff reimbursement
LUDWIGSHAFEN, Germany, Feb 27 (Reuters) – BASF’s CEO said if the chemical group finds its U.S. subsidiary has a legal…
Inside the Mexican country villa that became ‘El Mencho’s’ final refuge
By Natalia Siniawski and Jose Luis Gonzalez TAPALPA, Mexico, Feb 24 (Reuters) – Feared Mexican cartel leader Nemesio Oseguera, or…
Two Fed officials don’t see major upheavel from artificial intelligence
Feb 24 (Reuters) – Two Federal Reserve officials on Tuesday said they do not expect artificial intelligence technology to drive…
Spirit seals deal with lenders to emerge from bankruptcy as smaller airline
By Sabrina Valle Feb 24 (Reuters) – U.S. low-cost carrier Spirit Airlines said on Tuesday it has reached an agreement…
Dollar has lost some of its safe-haven status, ING report says
LONDON, Feb 23 (Reuters) – The dollar has lost some, but not all, of its safe-haven value since 2024, ING…