Mainly Cloudy 31°. Wind Chill: 12°. Wind: N 17 mph.
Trending: Democrats see an opening to win the Miami mayor’s race in the latest test of the US political mood
HomeNewsNationalBusiness ( Page 1023)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

UBS hires banker Kelvin Quezada from Barclays to bolster M&A

By Sabrina Valle NEW YORK (Reuters) – Kelvin Quezada is set to join UBS as managing director in the Unified Global Banking (UGB) Americas team after nearly two decades at Barclays, according to a memo seen by Reuters. The addition of Quezada, ...
by

Blackstone explores $3 billion sale of sustainability software firm Sphera, sources say

By Milana Vinn NEW YORK (Reuters) -Blackstone is exploring a $3 billion sale of Sphera, a sustainability software and consulting services provider, according to three people familiar with the matter. The private equity firm has hired investment bankers at William Blair and Evercore to run the ...
by

Walmart in Mexico posts weaker-than-expected 7% dip in Q1 net profit

MEXICO CITY (Reuters) -Walmart’s Mexico and Central America unit, known as Walmex, reported a 7% dip in its first-quarter net profit on Tuesday, coming in below analysts’ expectations Net profit fell to 12.32 billion pesos ($602.1 million) for the first three months of 2025, ...
by

Growing BRICS group shows internal rifts as ministers fall short of joint statement

By Lisandra Paraguassu RIO DE JANEIRO (Reuters) – Foreign ministers from the BRICS group of developing nations failed to agree on a joint communique on Tuesday, highlighting differences within the fast-growing diplomatic bloc, while the chair Brazil issued a statement ...
by

GM recalls nearly 600,000 Cadillac, Chevrolet and GMC cars due to engine failure risks

NEW YORK (AP) — General Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to potential manufacturing defects that can cause engine failure. The recall covers certain Cadillac Escalades and Escalade ESVs; Chevrolet Silverado 1500s, Suburbans and ...
by

House GOP wants to pump billions into Trump’s deportations and detentions as part of tax bill

WASHINGTON (AP) — As part of their big tax bill, Republicans in Congress are pumping billions of dollars into President Donald Trump’s mass deportation and border security plan with nearly 20,000 new officers, stark new fees starting at $1,000 on migrants seeking asylum and ...
https://www.osfhealthcare.org/c/only-at-osf-w
by

Brazil’s Gerdau remains optimistic about steel orders from the U.S

SAO PAULO (Reuters) – Brazilian steelmaker Gerdau remains optimistic about the performance of its North American operations, given a high order backlog, despite concerns generated by the U.S. trade policy, executives said on Tuesday. Gerdau reported that it has not seen ...
by

Starbucks misses global sales estimates on weak US demand as turnaround makes progress

(Reuters) -Starbucks CEO Brian Niccol’s turnaround efforts showed signs of progress even as the coffee giant missed estimates for quarterly global comparable sales and profit as inflation and economic uncertainty hit demand in the United States. Total same-store sales declined 1% in the second quarter, ...
by

Logitech reports weak quarterly profit

ZURICH (Reuters) -Computer mouse and keyboards maker Logitech International on Tuesday reported weaker-than-expected fourth-quarter earnings. Logitech said its non-GAAP operating profit fell to $133 million in the three months to the end of March, missing analysts’ estimate of $134 million. The company’s figures were not affected ...
by

Caesars Entertainment posts narrower first-quarter loss on sports betting surge

(Reuters) – Casino operator Caesars Entertainment posted a narrower loss on Tuesday, driven by strong performance in its digital unit amid high demand for sports betting. The Reno, Nevada-based company, which manages online gambling segments, has experienced a surge in its ...
by

Booking Holdings posts upbeat quarterly results helped by international travel

(Reuters) -Online travel agency Booking Holdings beat analysts’ expectations for first-quarter profit and revenue on Tuesday, as sustained demand for international travel helped the company offset weakness in the U.S. amid fears of a recession.  The company has been benefiting from a sustained rise in ...
by

Kraft Heinz lowers sales outlook for the year, weighed down by consumer uncertainty and tariffs

Kraft Heinz lowered its full-year sales and earnings guidance Tuesday, citing weaker customer spending in the U.S. and the impact of President Donald Trump’s tariffs. It’s the latest big food company to sound the alarm over trade tensions and weak consumer demand. Last week, PepsiCo ...
First Previous101910201021102210231024102510261027Next Last