Pentagon to invest $1 billion in L3Harris rocket motor business
L3Harris to separate rocket motor unit for IPO in 2026Pentagon’s investment marks first direct-to-supplier partnershipTransaction structure may face…
US FDA requests removal of suicide warnings from weight-loss drug labels
Regulator asks drugmakers to remove warnings of suicidal thoughts from GLP-1 drugs’ labelsFDA finds no link between GLP-1…
Trump moves to block courts from seizing Venezuelan oil revenue in US accounts
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Trump weighs response to Iran crackdown, Tehran says communication open with US
Trump considers range of options, including military action against IranIran says it is maintaining communications with US envoyMass…
Minnesota, Illinois sue Trump administration to block immigration surges
Tensions rise after fatal shooting by federal officer in MinnesotaMinnesota lawsuit challenges federal immigration enforcement surgeIllinois files similar…
Trump says he may veto extension of Obamacare subsidies
Jan 11 (Reuters) – U.S. President Donald Trump said on Sunday he might veto legislation to extend federal…
US federal prosecutors open inquiry into US Fed chair Powell, NYT reports
Jan 11 (Reuters) – The U.S. attorney’s office in the District of Columbia has opened a criminal investigation…
Trump calls for one-year cap on credit card interest rates at 10%
Trump says Americans have been ‘ripped off’ by credit card companiesLawmakers from both parties have raised concerns about…
Healthcare dealmakers head to San Francisco hoping for megamergers in 2026
Less antitrust scrutiny under Trump boosts M&A confidenceHealthcare M&A volume rose 56% in 2025, despite fewer transactionsJPMorgan health…
US household wealth hit record in third quarter 2025, Fed data shows
Jan 9 (Reuters) – U.S. household wealth hit a record high of more than $180 trillion in the…
US factory headcount falling despite Trump’s promised manufacturing boom
US manufacturing jobs continue to declineUnemployment rate falls slightly, but job creation estimates revised lowerBlack unemployment rate rises,…
FCC approves SpaceXÂ plan to deploy an additional 7,500 Starlink satellites
FCC approves 7,500 more Starlink satellites for SpaceXFCC allows SpaceX to upgrade satellites, operate on five frequenciesSpaceX must…