Donald Trump's Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years and well over $800 million combined to develop, work initially aimed at overhauling antiquated human resources systems.

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Reuters Business

Reuters Business

 

How the unraveling of two Pentagon projects may result in a costly do-over 

 

Biggest IKEA retailer names veteran Juvencio Maeztu CEO as Brodin steps down 

 

Thyssenkrupp Nucera abandons US green hydrogen projects no longer deemed feasible -CEO 

 

GE Appliances to invest over $3 billion in US manufacturing push 

 

US 30-year mortgage rate dropped last week, refi applications surged 

 

Glass Lewis confirms advice to Mediobanca investors to back Banca Generali bid 

 

Morning Bid: Stocks soar, volatility evaporates 

 

Europeans pile into local ETFs at record rate, at expense of US stocks 

 

South Africa's auto sector hit by job losses and company closures 

 

Just in time? Manufacturers turn to AI to weather tariff storm 

 

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