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Unilever expects to complete Magnum ice cream spin-off by December 6

(Reuters) -Consumer goods group Unilever said on Tuesday it expects to complete the spin-off of its Magnum Ice Cream unit, after a delay because of the U.S. government shutdown, by December 6. The delay underscores the disruptions caused by the three-week U.S. federal government shutdown ...
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US motor vehicle sales drop in October as EV subsidies expire

WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut demand for battery-powered electric cars, and an easing labor market and looming higher prices from tariffs could limit any rebound this year. Light vehicle sales decreased 6.5% ...
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JPMorgan Chase responding to requests on fair banking access

(Reuters) -JPMorgan Chase said in a regulatory filing on Tuesday that it was responding to requests from government authorities and other parties regarding the bank's policies and processes related to fair access to banking to all Americans. The U.S. Office of the Comptroller of ...
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Entergy, Energy Transfer sign long-term natural gas transportation deal

(Reuters) -Utility Entergy's unit and pipeline firm Energy Transfer have signed a 20-year agreement to deliver natural gas to North Louisiana, the companies said on Tuesday. The U.S. is poised to see a record surge in power demand this year and in 2026, led by ...
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Taser-maker Axon Enterprise misses profit estimates amid tariff woes, shares tumble

(Reuters) -Taser-maker Axon Enterprise missed analysts' estimate for third-quarter profit on Tuesday, pressured by higher costs resulting from the implementation of tariffs, sending its shares slumping 20% in extended trading. Earlier this year, the company had flagged that the tariff war could disrupt its operations ...
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Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat

By Juveria Tabassum (Reuters) -Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food industry, and posted upbeat quarterly results on the back of demand at its Taco Bell U.S. stores. Pizza Hut's sales have ...
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GM, Tesla, Toyota urge US to extend USMCA free trade deal

WASHINGTON (Reuters) -Major automakers including General Motors, Tesla, Toyota Motor and Ford urged the Trump administration to extend a North American free trade deal they call crucial to American auto production. The automakers made the comments in filings with the U.S. Trade Representative's Office ahead ...
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Marathon Petroleum misses Q3 profit estimates on higher turnaround costs

By Nicole Jao and Pooja Menon NEW YORK (Reuters) -U.S. refiner Marathon Petroleum missed Wall Street estimates for third-quarter profits on Tuesday, as higher refining turnaround costs and renewable diesel losses weighed on performance. Shares of Marathon, the top U.S. refiner by volume, were down ...
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U.S. bank regulator says mergers could be ‘valuable,’ committed to speedy review

NEW YORK (Reuters) -A top U.S. bank regulator said Tuesday that his agency is committed to promptly reviewing potential bank mergers, adding that such deals could be "quite valuable" to the financial system. Comptroller of the Currency Jonathan Gould said he wanted to see the ...
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Analysis-Starbucks’ bet on local expertise could help it regain ground in China  

By Casey Hall and Sophie Yu SHANGHAI/BEIJING (Reuters) -Starbucks' decision on Monday to sell up to 60% of its China business to local private equity firm Boyu Capital could help the hard-pressed brand regain ground in one of the world's fastest-growing coffee markets. By pulling in ...
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Boeing union says senate members urge CEO Ortberg to negotiate in good faith

(Reuters) -The International Association of Machinists and Aerospace Workers said on Tuesday that five members of the Senate Armed Services Committee urged Boeing CEO Kelly Ortberg to negotiate in good faith and reach a fair agreement with the striking members. The union, which entered its ...
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Amgen profit beats estimates, weight-loss data due by year-end

By Deena Beasley (Reuters) -Amgen on Tuesday reported quarterly financial results that beat Wall Street expectations as product sales rose 12%, offsetting higher operating expenses related to experimental weight-loss drug MariTide and a higher tax rate. The California-based biotech company's third-quarter revenue also rose 12% from ...
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