News Center

Judge rules Trump’s firing of FTC commissioner was illegal

Judge rules Trump’s firing of FTC commissioner was illegal

By Mike Scarcella and Jody Godoy (Reuters) -A federal judge on Thursday ruled the firing of U.S. Federal Trade Commission member Rebecca Kelly Slaughter by President Donald Trump earlier this year was illegal. U.S. District Judge Loren AliKhan said the Trump administration’s attempt to remove Slaughter did not comply with removal protections in federal law. “Because those protections remain co ...

2025-07-18 16:39:38
’Squid Game’ boosts Netflix quarter, company raises revenue guidance

’Squid Game’ boosts Netflix quarter, company raises revenue guidance

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -The final season of global phenomenon "Squid Game" helped Netflix (NASDAQ:NFLX) beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year. Some investors had hoped for more from the dominant movie and TV streaming service, analysts said. Netflix shares had risen nearly 44 ...

2025-07-18 16:36:43
Asian battery stocks soar as US plans tariffs on Chinese graphite

Asian battery stocks soar as US plans tariffs on Chinese graphite

Investing.com-- Asian battery and graphite-related stocks soared on Friday after the U.S. Commerce Department announced preliminary anti-dumping duties of 93.5% on anode-grade graphite imports from China, a key feedstock for electric vehicle batteries. The expected tariffs, aimed at countering subsidised Chinese exports, underpin a shift towards non-Chinese graphite producers and boost pricing pow ...

2025-07-18 16:33:36
BHP delays Jansen potash project as costs surge; logs record copper output

BHP delays Jansen potash project as costs surge; logs record copper output

By Roushni Nair and Sameer Manekar (Reuters) -BHP Group flagged on Friday a delay and a cost overrun of up to $1.7 billion at its key Jansen potash project in Canada, while the world’s largest listed miner logged record copper and iron ore output in fiscal 2025. The cost overrun and delay are a major setback for BHP, which has spent over a decade on the project to diversify from copper and iron ...

2025-07-18 16:30:32