(Reuters) – E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the province — the only location in Canada with unionized Amazon employees — over the next two months. It will return to a third-party delivery model, relying on local small businesses, similar to its approach before 2020. “Following … Read more…

By Doyinsola Oladipo NEW YORK (Reuters) – Some Meta social media users said on Wednesday that their accounts re-followed the profiles of President Donald Trump, Vice President JD Vance and first lady Melania Trump after they had unfollowed those accounts once Trump took office for his second term. When a presidential administration changes, the official White House social media accounts roll over to the new elected officials. That happened in 2017 and 2021, when Trump … Read more…

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.S. via Mexico and Canada. Trump voiced his latest tariff threats in remarks to reporters at the White House a day after taking office without immediately imposing tariffs as he … Read more…

By Mike Scarcella (Reuters) – U.S. President Donald Trump’s executive order to restore access to TikTok has created a thicket of new legal questions for the short-video platform, along with new tensions between the White House, members of Congress who want the platform banned, and tech companies caught in the middle. Legal experts said despite Trump’s order, service providers and app distributors such as Google and Apple still face major uncertainty and potential massive financial … Read more…

By Kenneth Li and Katie Paul (Reuters) -President-elect Donald Trump is expected to grant TikTok more time to strike a deal after he returns to power on Monday as China has signaled it would be open to a deal to keep TikTok in the U.S. market. The short video service used by 170 million Americans was briefly taken offline for U.S. users on Saturday, hours before a law that said it must be sold by … Read more…

By Stephanie Kelly (Reuters) – Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John’s Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.  The church service, typically a little-noticed part of Inauguration Day, quickly became a “who’s who” parade of some of the United States’ – and the world’s – wealthiest individuals, as attendees entered the downtown church … Read more…

By Michelle Conlin NEW YORK (Reuters) -One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group, the U.S. president-elect’s social media and streaming company. Patterson had never heard of Trump Media and had never invested in a stock on her own. But that night, Patterson, whose family owns a pickle business, moved a third of the cash in her retirement fund into Donald Trump’s … Read more…

(Reuters) -London’s blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump’s return to the White House for fresh insights on his stance on tariffs and international relations. The FTSE 100 index of top British firms ended up 0.2% at a fresh closing peak, though off its intraday high. Trading volumes were thin due to a U.S. market holiday. Trump, who has pledged to … Read more…

WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday his inauguration will be held indoors because of severe cold and the presidential parade will be held at a nearby sports arena. “I have ordered the Inauguration Address, in addition to prayers and other speeches, to be delivered in the United States Capitol Rotunda, as was used by Ronald Reagan in 1985, also because of very cold weather. The various Dignitaries and Guests will be … Read more…

By Chris Prentice and Jonathan Stempel (Reuters) -Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds, resulting in hundreds of thousands of ordinary investors getting stuck with inflated tax bills. The settlement stemmed from Vanguard’s December 2020 decision to reduce the minimum investment in lower-cost fund classes meant for institutional clients to $5 million from $100 million. … Read more…