WASHINGTON, Sept 11 (Reuters) - A majority of Democratic U.S. House of Representatives members on Wednesday urged President Joe Biden to use his executive powers to end a tariff loophole for low-value packages that they say are being exploited by Chinese e-commerce firms and fentanyl traffickers. The lawmakers in a letter asked Biden to end the de minimis trade provision...

* Law firm investigating allegations Shaw had relationship with direct report * Shaw discussing exit terms, including severance -sources * Potential interim CEOs include CFO, COO and directors -sources By Svea Herbst-Bayliss NEW YORK, Sept 11 (Reuters) - Norfolk Southern ( NSC ) is negotiating CEO Alan Shaw's exit, and the board is considering interim replacements, including the current chief...

05:25 PM EDT, 09/11/2024 (MT Newswires) -- Haivision Systems ( HAIVF ) after trade Wednesday said it swung to a fiscal third-quarter profit despite weaker revenue. The video-technologies company said it earned $0.4 million in the quarter ended July 31, compared with a loss of $0.9 million in the year-prior quarter. Revenue was $30.6 million, down from $35 million a...

05:28 PM EDT, 09/11/2024 (MT Newswires) -- Netgear ( NTGR ) said Wednesday it now expects fiscal Q3 net revenue of $170 million to $180 million, compared with its previous projection of between $160 million and $175 million. A single analyst polled by Capital IQ expects $167.2 million. The company said the upgraded outlook is driven by an earlier-than-projected launch...