Clear 8°. Wind Chill: -8°. Wind: NE 6 mph.
Trending: Robinhood to enter Indonesia with brokerage, crypto trader acquisition
HomeNewsNationalBusiness ( Page 1018)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Dutch payments firm Adyen misses first-quarter sales forecasts but confirms 2025-2026 outlook

By Alessandro Parodi and Gianluca Lo Nostro (Reuters) -Adyen, one of the world’s largest payment companies, reported quarterly revenue below market forecasts on Wednesday, but maintained its sales outlook for this year and next, saying so far global trade tensions have not affected its business. Adyen ...
by

Taiwan’s ASE evaluates how it will support Nvidia’s $500 billion US plan

By Wen-Yee Lee and Ben Blanchard TAIPEI (Reuters) -Taiwan’s ASE Technology Holding Co. has yet to decide how it will support a plan by Nvidia to build artificial intelligence servers worth as much as $500 billion in the U.S. over the next four years, it ...
by

Norwegian Cruise Line misses quarterly earnings estimates

(Reuters) -Norwegian Cruise Line Holdings missed first-quarter revenue and profit estimates on Wednesday, as rising concerns about tariff uncertainty have pressured demand for the cruise operator’s premium sea voyages. Shares of the company were down about 6% in premarket trading. After benefiting from a post-pandemic surge, ...
by

Caterpillar’s profit drops on weak demand, warns of annual sales hit from tariff

(Reuters) -Caterpillar on Wednesday posted a drop in first-quarter profit, hurt by weak demand for its construction equipment due to economic uncertainty and said annual sales would be slightly lower from a year ago if it accounts for tariff impact. The company, which is a ...
by

Super Micro slumps on forecast cut, analysts downplay broader AI demand concerns

By Aditya Soni (Reuters) -Super Micro Computer shares tumbled 15% before the bell on Wednesday after the server maker slashed its revenue forecast, the latest blow to the former AI darling trying to regain investor confidence following late filings and short-seller attacks. The company blamed the ...
by

Samsung reports revenue increase thanks to mobile phone sales but its chip business suffers

SEOUL, South Korea (AP) — Samsung Electronics reported Wednesday a sharp increase in consolidated revenue for the first quarter thanks to strong sales of its new smartphones, but its semiconductor business suffered a setback. The South Korean semiconductor and smartphone giant said in a statement ...
https://www.menards.com/main/home.html
by

Foreign demand for US assets seen waning unless USD slides more, says Goldman Sachs

By Saeed Azhar and Davide Barbuscia NEW YORK (Reuters) -Foreign investor appetite for U.S. dollar assets may wane unless the currency depreciates further, said Goldman Sachs’ chief economist, cautioning that a downward trajectory is expected even in the absence of a meaningful economic slowdown. “The dollar ...
by

Google CEO Sundar Pichai to take the stand at search antitrust trial

By Jody Godoy (Reuters) -Google CEO Sundar Pichai is expected to take the stand on Wednesday morning at a trial in Washington where antitrust enforcers seek an order forcing the company to sell its Chrome web browser and take other measures to boost competition among ...
by

Hedge fund European stock selling hits decade peak in March and April, says Goldman

By Nell Mackenzie LONDON (Reuters) -Hedge funds sold European stock during March and April in the largest amount in 10 years, said a report by Goldman Sachs. Investors in European equities have been spooked by a “double whammy” in Europe: Trump’s proposed tariffs coupled with ...
by

Santander Brasil’s net profit rises 27.8% in Q1

SAO PAULO (Reuters) – Lender Santander Brasil on Wednesday reported a first-quarter net profit of 3.86 billion reais ($686.83 million), a 27.8% rise from a year earlier, slightly ahead of market expectations. Analysts polled by LSEG expected net income to come ...
by

Taiwan unexpectedly raises 2025 full-year GDP forecast on strong tech demand

By Jeanny Kao and Faith Hung TAIPEI (Reuters) – Taiwan unexpectedly raised its 2025 economic growth forecast on Wednesday after a strong first quarter performance thanks to an export surge on strong tech demand ahead of the introduction of possible U.S. ...
by

Europe saw stronger growth at start of year, but Trump’s tariffs have darkened outlook

FRANKFURT, Germany (AP) — Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war. Gross domestic product in the 20 eurozone countries grew 0.4% in ...
First Previous101410151016101710181019102010211022Next Last