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J&J boosts investments in US to more than $55 billion amid looming tariff threats

J&J boosts investments in US to more than $55 billion amid looming tariff threats

(Reuters) -Johnson & Johnson plans to spend over $55 billion to build four plants in the U.S., it said on Friday, as a threat of drug import duties from the Trump administration forces companies to expand their manufacturing operations domestically.The new plants will be built over the next four years, including in Wilson, North Carolina, where the pharmaceutical giant officially broke ground ...

2025-03-21 20:07:28
Young, rich Indians rev up Lamborghini and Mercedes-Maybach sales

Young, rich Indians rev up Lamborghini and Mercedes-Maybach sales

By Aditi ShahNEW DELHI (Reuters) - Lamborghini and Mercedes-Maybach plan to expand in India as a growing tribe of young, rich Indians splurge on super luxury cars, driving their sales to record levels.Italian supercar maker Lamborghini, fresh from a year of record sales, is exploring a fourth showroom in India, while Mercedes-Maybach sees the country as a potential top-five market by sales, compan ...

2025-03-21 20:05:59
’I need to be home’: stranded Heathrow passengers separated from loved ones

’I need to be home’: stranded Heathrow passengers separated from loved ones

By Catarina DemonyLONDON (Reuters) - Thousands of travellers stranded by a huge fire near London’s Heathrow, Europe’s busiest airport, scrambled to find ways to get home and reunite with their families on Friday as they faced what could be days of disruptions. Heathrow was shut as around 70 firefighters sought to put down the blaze at a nearby electrical substation in the west of London that k ...

2025-03-21 20:04:38
Trade anxiety will likely cap stock upside ahead of April 2 deadline - Barclays

Trade anxiety will likely cap stock upside ahead of April 2 deadline - Barclays

Investing.com - Worries around the impact of President Donald Trump’s tariff plans will likely cap a recent bounce in stocks from oversold levels, according to analysts at Barclays.Trump’s levies, which have been accompanied by threats of escalation and last-minute delays, have fueled a murky economic outlook, with economists flagging the potential for a refueling in inflationary pressure ...

2025-03-21 20:03:29