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By Nandan Mandayam May 21 (Reuters) – Farm equipment maker Deere left its full-year profit forecast unaltered, despite topping second-quarter profit estimates on Thursday, as it battles stubbornly weak demand for its large tractors and combine harvesters. Tractor makers like Deere have been hamstrung by muted demand for new farm equipment over the last few years, as weak crop prices and rising costs have led farmers to extend use of […]

By Luciana Magalhaes and Marcela Ayres SAO PAULO/BRASILIA, May 21 (Reuters) – Brazilian Senator Flavio Bolsonaro is seeking a meeting with President Donald Trump in Washington, two people familiar with the matter said, as the presidential hopeful looks to turn the page on news of his ties to a scandal-hit banker. One source said Bolsonaro is expected to fly to the U.S. on Monday ahead of a meeting with Trump at […]

By Nate Raymond May 21 (Reuters) – The U.S. Department of Justice on Thursday said it had added the largest class of new immigration judges in the agency’s history this week as President Donald Trump’s administration moves to restock the immigration court system with people it calls “deportation judges.” The Justice Department said 77 new permanent immigration judges and five new temporary ones were sworn in on Wednesday during a […]

By Patturaja Murugaboopathy May 21 (Reuters) – Bond investors are assigning diverse risk premiums to U.S. private credit firms, with smaller lenders being priced at greater risk and hence wider spreads than larger funds, a Reuters analysis shows. The split highlights growing selectivity in a market facing rising borrower stress after years of elevated interest rates. Business development companies (BDCs), which lend mainly to middle-market companies and often fund themselves […]

May 21 (Reuters) – Spotify has struck a deal with Universal Music Group to let subscribers create AI-generated covers and remixes of songs, marking the first time the audio-streaming giant will allow users to produce AI content using its platform. Shares of the company rose around 16%. The companies did not disclose the financial terms of the deal or which artists will participate in the new feature in their joint […]

May 21 (Reuters) – The White House has postponed its planned Thursday ceremony for President Donald Trump to sign a new executive order on AI and cybersecurity, two sources familiar with the matter said. Axios, citing an internal note, was the first to report the news. The order would create a voluntary framework for AI developers to engage with the U.S. government about the public release of covered models, two […]

By David Shepardson WASHINGTON, May 21 (Reuters) – As Ebola cases rise in the Democratic Republic of the Congo, Americans who have been in that country, Uganda, or South Sudan within the last three weeks must only return to the United States through Washington Dulles for enhanced screening, the State Department said Thursday. The U.S. Centers for Disease Control and Prevention and Customs and Border Protection are applying enhanced public […]

WASHINGTON (AP) — The Trump administration is set to loosen a federal rule that requires grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment, in what officials say is a push to lower grocery costs. The head of the Environmental Protection Agency, Lee Zeldin, said the Biden-era rule imposes costly restrictions that limit the type of refrigerants U.S. businesses and families can use. The new rule […]

As someone who is “not the best person with bugs and stuff,” Stephanie Bernaba never imagined herself becoming an outdoorsy mom. But the mother of three is getting more daring as gas prices and other travel costs make vacations more expensive. Bernaba, 47, has been steering her family toward local beaches, bike rides and hiking trails near their home in coastal Rhode Island instead of the faraway trips they once […]