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Walmart shoppers to face price hikes as Trump tariffs hit

Walmart shoppers to face price hikes as Trump tariffs hit

By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Walmart, the world’s largest retailer, will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, in a clear signal that U.S. President Donald Trump’s trade war is filtering through to the American economy.  As a bellwether of U.S. consumer health, Walmart (NYSE:WMT)’s explicit ...

2025-05-16 03:14:51
Group that opposed OpenAI’s restructuring raises concerns about new revamp plan

Group that opposed OpenAI’s restructuring raises concerns about new revamp plan

By Anna Tong SAN FRANCISCO (Reuters) -A group that opposed OpenAI’s restructuring wrote in a letter this week that the startup’s new organizational plan still does not go far enough to safeguard the ChatGPT creator from generating dangerous artificial intelligence technology. In the letter dated May 12, submitted to the California and Delaware attorneys-general, members of the ’Not For Priva ...

2025-05-16 03:13:49
US Justice Department to meet families of 737 MAX victims on Boeing criminal case

US Justice Department to meet families of 737 MAX victims on Boeing criminal case

By Mike Spector and David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department on Friday plans to meet with the victims of two Boeing (NYSE:BA) 737 MAX crashes that killed 346 people in 2018 and 2019 ahead of a June 23 trial date the planemaker faces, according to a letter reviewed by Reuters. Last month, Boeing CEO Kelly Ortberg said the company was in discussions with the Justice Departm ...

2025-05-16 03:12:43
Trump likely to return to Washington after Gulf tour

Trump likely to return to Washington after Gulf tour

Investing.com -- U.S. President Donald Trump indicated on Thursday that he is likely to return to Washington, D.C on Friday following his tour of three Gulf countries. The President’s final destination, however, remains uncertain.Previously, Trump had suggested a possible stop in Istanbul for discussions related to Ukraine. The President, during his visit to the United Arab Emirates, expressed t ...

2025-05-16 03:11:41