Business

New Maryland defense shipyard gets $6.6 billion commitment and Trump visit

New Maryland defense shipyard gets $6.6 billion commitment and Trump visit

By Gram Slattery, Nathan Gomes and Trevor Hunnicutt BALTIMORE, Oct 6 (Reuters) - Defense tech firm Anduril unveiled plans on…

October 7, 2026

Wall Street shares notch records as oil prices stabilize, bond yields retreat

By Lawrence Delevingne, Medha Singh and Stella Qiu Oct 6 (Reuters) - World stocks scaled two-week highs on Tuesday with…

October 7, 2026

Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance

By Anzar Mehraj and Harshita Mary Varghese Oct 6 (Reuters) - Paramount Skydance on Tuesday completed its blockbuster $110 billion…

October 7, 2026

Oil prices stable as market weighs supply risks, rising Middle East exports

By Scott DiSavino NEW YORK, Oct 6 (Reuters) - Oil prices were little changed on Tuesday after recovering earlier losses, as…

October 7, 2026

IMF says hedge funds' market footprint growing, merits closer scrutiny

WASHINGTON, Oct 6 (Reuters) - Hedge funds have more than tripled in size in the last decade and now play…

October 7, 2026

Fed plans to overhaul bank supervision responsibilities, Bowman says

By Pete Schroeder WASHINGTON, Oct 6 (Reuters) - The Federal Reserve plans to overhaul how it supervises US banks, restructuring…

October 6, 2026

Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwear

By Jonathan Stempel Oct 6 (Reuters) - Texas Attorney General Ken Paxton launched an investigation on Tuesday into whether Fruit…

October 6, 2026

Wall Street profits soar to $45.9 billion in first half of 2026, report shows

Oct 6 (Reuters) - Profits for the US securities industry totaled $45.9 billion in the first half of the year,…

October 6, 2026

Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance

By Anzar Mehraj and Harshita Mary Varghese Oct 6 (Reuters) - Paramount Skydance on Tuesday completed its blockbuster $110 billion…

October 6, 2026

Indonesia’s Palm Oil Industry Outlines 2027 Policy Shifts at GLOBOIL India 2026

(From L-R): Dr. Fadhil Hasan, Senior Economist and Head of the Foreign Affairs Division, Indonesian Palm Oil Association (GAPKI); Mr. Eddy…

October 6, 2026