U.S. President Donald Trump has invoked the Defense Production Act to address constraints in weapons supply and development for munitions production and supply chains, according to a memo made public on Tuesday.
A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully demanding $25 million from the company.
The FBI said on Tuesday it thwarted a planned attack on the Ultimate Fighting Championship mixed martial arts event on the White House lawn on the weekend, taking five people into custody, according to court documents.
President Donald Trump said on Tuesday he was willing to send his interim deal to end the war with Iran for review by the U.S. Congress, as lawmakers, including many of his fellow Republicans, said they were largely in the dark about the pact.
A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters.
U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market could remain a drag on economic growth in the second quarter.
A U.S. appeals court ruled against Bacardi [RIC:RIC:BCARDB.UL] on Tuesday in the company’s long-running dispute with the Cuban government over the trademark rights to “Havana Club” rum in the United States.
Yum Brands said on Tuesday it would sell its Pizza Hut chain for $2.7 billion, as the fast-food business struggles with stiff competition and cautious consumer spending.
A federal judge has signaled that she will likely order Workday, the maker of popular AI-powered human resources software, to face claims that it violated California law thousands of times by weeding out job applicants at many major companies for discriminatory reasons.
The anticipated adjustments to the Federal Reserve’s so-called dot plot would mark a hawkish shift from where officials were just three months ago.