(Reuters) -The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas (LAC) as it renegotiates terms of the company’s $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors (GM), two people familiar with the discussions told Reuters. The proposed stake is the latest example…
The CEO of Swiss pharmaceutical company Novartis said Saturday that it has enough stockpiles in the US to withstand any potential tariffs from President Trump, Reuters reported. Pharmaceuticals are exempt from the 39% tariffs Trump slapped on Switzerland in August, but an EU trade deal reached in July includes a 15% tariff on most drugs,…
Elon Musk, chief executive officer of Tesla Inc., wears a “DOGE” hat during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025. The event gives an opportunity for the president and his largest campaign benefactor to dispel any notion of an acrimonious divorce. Photographer:…
A highly anticipated call between President Trump and Chinese President Xi Jinping took place Friday morning. The two had a wide-ranging conversation and announced plans for a series of in-person meetings in the coming months. They also made progress on the fate of TikTok, with Trump announcing “approval” of a deal to spin off the…
U.K. Prime Minister Keir Starmer and President Trump exit Air Force One as they arrive at Royal Air Force Lossiemouth en route to Aberdeen, Scotland, on July 28. (Jacquelyn Martin/AP) On Thursday, President Trump will bid farewell to King Charles III and Queen Camilla at 10:30 a.m. local time before departing Windsor Castle for Chequers,…
President Trump on Thursday set high expectations for his Friday call with Chinese President Xi Jinping. He described a deal over TikTok as all but completed and added that he is looking to make progress on broader issues like tariffs. The president spoke about a deal around the social media app in the past tense…
US stocks were poised on Thursday for a bid on fresh record highs, after the Federal Reserve lowered interest rates for the first time this year and signaled that more cuts are on the way in coming months. Dow Jones Industrial Average futures (YM=F) rose 0.6%, while those on the S&P 500 (ES=F) moved roughly…
While President Trump and first lady Melania Trump have received a red carpet welcome from the royal family at Windsor Castle, 20 miles west of London, thousands of protesters have poured into the capital city to register their opposition to the president’s politics and policies. YouGov polling shows that 70% of U.K. residents have a…
Cracker Barrel (CBRL) is set to report its quarterly results Wednesday after market close. The stock has faced a turbulent month as investors responded to backlash against its new logo and redesigns. The company has since reverted to its previous logo and paused restaurant redesigns. Now, investors are eager to hear more about how its…
Nvidia (NVDA) shares fell nearly 3% Wednesday after a Financial Times report claimed China’s regulators banned Chinese tech firms from purchasing some of the AI giant’s chips. The Cyberspace Administration of China has told companies, including ByteDance and Alibaba, to end their testing and orders of the RTX Pro 6000D, the Financial Times reported on…