By Leo Marchandon and Noemie Naudin
(Reuters) -France's lead videogame maker Ubisoft announced on Tuesday a sweeping reorganisation of its internal structure, shifting to autonomous "Creative Houses" tailored to specific gaming genres, as it reported first-quarter net bookings that fell short of expectations.
The company said in a call that the leadership of each Creative House would be selected based on specific gaming genres, and could... (continue reading...)
By Patricia Zengerle
WASHINGTON (Reuters) -U.S. House of Representatives Speaker Mike Johnson said on Tuesday he does not think the U.S. Congress should consider sanctions on Russia until after President Donald Trump's 50-day deadline for Moscow to end the war in Ukraine.
"We were talking about sanctioning Russia," the Louisiana Republican said at a weekly news conference.
"But I think the House and the Senate agree that the... (continue reading...)
By Shankar Ramakrishnan and Matt Tracy
(Reuters) -Investors have begun to de-risk their equity portfolios and buy more investment-grade corporate bonds as U.S. stock indices near new record highs, in turn pushing corporate borrowing costs to their tightest levels since 1998 for the second time in eight months.
Credit spreads have recovered since they were forced sharply wider on April 2, or 'Liberation Day', when President Donald Trump... (continue reading...)
WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell kept rates too high and will be out in eight months, President Donald Trump said at a news conference on Tuesday.
"I think he's done a bad job, but he's going to be out pretty soon," he said from a meeting at the White House with Philippine President Ferdinand Marcos Jr.
(Reporting by Trevor Hunnicutt, writing by Maiya Keidan)
By David Shepardson
WASHINGTON (Reuters) -U.S. states have built less than 400 electric vehicle charging ports through April under $7.5 billion federal infrastructure programs, the Government Accountability Office said Tuesday.
As of April 2025, 384 charging ports are operating at 68 stations in 16 states, GAO said, saying a joint office overseeing the program "has not defined performance goals with measurable targets and time frames for its... (continue reading...)
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