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By P.J. Huffstutter CHICAGO (Reuters) -Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a worker and put him in a coma last year, according to a lawsuit filed against the company. The explosion was part…
Iran launched a massive ballistic missile strike on Israel on Tuesday.Israel has vowed to retaliate, potentially against Iran’s oil infrastructure.The move could drive oil prices up further, creating a headache for Harris’ campaign. Israel has vowed to respond to Iran’s massive ballistic missile strike earlier this week, and it may…
The US port strike on the East and Gulf Coasts could threaten farm exports amid harvest season.The National Grain and Feed Association warned of supply chain disruptions and lower farmgate prices.President Joe Biden urged fair negotiations, highlighting the economic risks and worker wage concerns. The US port strike at East…
By Marie Mannes and Helen Reid STOCKHOLM (Reuters) -H&M scrapped its margin target for 2024 as higher discounting, costs and fierce competition hurt operating profit in the third quarter, denting shares in the world’s second-biggest listed fashion retailer. The Swedish retailer had cautioned in June that factors such as material…
The announcement was paired with a video of Lamar on a football field, posed in front of a massive American flag: “You know there’s only one opportunity to win the championship. No round twos,” he says in the clip. “I wouldn’t want you to miss it. Meet me in New…
Investing.com — Wall Street is bracing for a potential impact on corporate earnings and the stock market if Democratic presidential candidate Kamala Harris wins the November election and follows through on her proposed tax increases, Reuters reported on Tuesday. With tax policy emerging as a concern for investors, it is…
Former President Donald Trump’s most recent comments about striking workers could spur political consequences for the Republican nominee in a few key swing states as the fight for the presidency grows ever-tighter.Two political science experts told Business Insider that Trump’s comments could energize a historically powerful voting bloc at an…
Second gentleman Doug Emhoff on Friday slammed Sen. JD Vance of Ohio after it emerged that Vance had previously criticized Vice President Kamala Harris over not having children even though she is a co-parent to Emoff’s two children from a previous marriage.”What he said was abhorrent. It was stupid, uninformed,…
By Akash Sriram (Reuters) – Tesla (NASDAQ:) CEO Elon Musk said on Tuesday that U.S. presidential candidate Donald Trump’s potential removal of support for electric vehicles would hurt other automakers more than the Austin, Texas-based firm. “It would be devastating for our competitors, and it would hurt Tesla slightly but…
By Jaspreet Singh (Reuters) -Dell forecast current-quarter profit below market estimates on Thursday, and signaled that higher costs to build servers that meet heavy AI workloads would dent annual margin, sending its shares down more than 17% in extended trading. The Round Rock, Texas-based company expects adjusted gross margin rate…
