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MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat and steel prices dropped, prompting it to forecast lower core earnings for the current quarter. Net profit for the second quarter totaled $736 million, down from $936 million in the year-ago quarter. Profit in the first six months of the year was $1.21 billion, a 33% drop from last year. […]

NEW YORK (Reuters) – Wells Fargo said on Tuesday that proposed U.S. capital rules could lead the bank to rejig its balance sheet. In one of the first public comments from a major U.S. lender since the proposals were released last week, Wells Fargo said the new guidelines would alter its risk gauges for lending, trading and internal operations. “The company expects a significant increase in its risk-weighted assets and […]

WASHINGTON (Reuters) – Even as former U.S. President Donald Trump was indicted for a third time on Tuesday, numerous people in his orbit have been charged with various crimes, with some still awaiting trial. Six Trump associates, none of whom were named, were listed as co-conspirators in Tuesday’s indictment. Prosecutors said they helped spread Trump’s false claims of election fraud. Here is a look at some of the Trump aides […]

WASHINGTON (AP) — Donald Trump was indicted on felony charges Tuesday of working to overturn the results of the 2020 presidential election in the run-up to the violent riot by his supporters at the U.S. Capitol. It’s a four-count indictment. Even in a year of rapid-succession legal charges against Trump, Tuesday’s criminal case, with charges including conspiring to defraud the United States government that he once led, was especially stunning […]

WASHINGTON (Reuters) – Even as former U.S. President Donald Trump was indicted for a third time on Tuesday, numerous people in his orbit have been charged with various crimes, with some still awaiting trial. Six Trump associates, none of whom were named, were listed as co-conspirators in Tuesday’s indictment. Prosecutors said they helped spread Trump’s false claims of election fraud. Here is a look at some of the Trump aides […]