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Intuit forecasts first-quarter revenue growth below estimates

(Reuters) -Intuit forecast first-quarter revenue growth estimates below analysts’ estimates on Thursday, indicating sluggish performance at its marketing platform Mailchimp. The Mountain View, California-based company’s board approved a new $3.2 billion share buyback, lifting total repurchase authorization to $5.3 billion. The company provides products such as ...
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Saskatchewan premier to go to China to discuss canola tariffs

OTTAWA (Reuters) -Scott Moe, premier of the western Canadian province of Saskatchewan, said on Thursday that he would travel to China soon for talks on persuading Beijing to drop its new tariffs on canola. China hit Canadian canola seed imports with preliminary 75.8% duties last ...
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Cracker Barrel unveils a new logo as part of wider rebrand efforts, sparking ire among some online

NEW YORK (AP) — Cracker Barrel is marching forward with an ongoing makeover. And to the dismay of some fans, the chain’s new logo now ditches the barrel itself. Or rather, the drawing many have associated with Cracker Barrel over the years. The man leaning ...
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Glencore targets 1 million tons of copper in Argentina over coming decade

By Lucila Sigal BUENOS AIRES (Reuters) -Miner and trader Glencore will aim to produce nearly 1 million tons of copper annually at its planned El Pachon and Agua Rica projects in Argentina over the next 10 to 15 years, the company’s CEO in the Latin ...
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Canada’s Carney spoke to Trump and discussed trade, Ottawa says

OTTAWA (Reuters) -Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump on Thursday and had “a productive and wide-ranging conversation” on trade challenges and other issues, Carney’s office said in a statement. The phone call, which comes at a time when Canada and ...
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Panama’s Mulino to push for Chiquita’s return after mass layoffs, blasts lawsuit threats

PANAMA CITY (Reuters) -Panama’s President Jose Raul Mulino on Thursday blasted reports of a possible lawsuit against banana giant Chiquita, which fired all its local day workers due to a strike, as he prepares to negotiate the firm’s return to the country next week. Mulino ...
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Investors see risks for market as Powell walks tightrope at Jackson Hole

By Davide Barbuscia NEW YORK (Reuters) -Investors are bracing for volatility as Federal Reserve Chair Jerome Powell walks a fine line between curbing inflation and supporting the labor market, with thin August trading poised to magnify any market moves from his Jackson Hole speech on ...
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Fed officials lukewarm on September rate cut as markets await Powell speech

By Michael S. Derby and Howard Schneider NEW YORK (Reuters) -Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for U.S. central bank chief Jerome Powell’s speech to the annual Jackson Hole ...
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International Paper to sell cellulose fibers unit for $1.5 billion

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American Industrial Partners for $1.5 billion. The deal, expected to close by end-2025, is part of its strategy to focus on sustainable packaging solutions. The divestiture comes months ...
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Strong market debuts raise questions over cautious IPO pricing by Wall St banks

By Manya Saini and Niket Nishant (Reuters) -Big first-day gains by recent high-profile U.S. listings have raised questions over whether Wall Street banks — wary of volatility and economic uncertainty from sweeping U.S. tariffs — are pricing them too cautiously, benefiting investors but causing ...
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JPMorgan hires two investment bankers to bolster services to energy companies

(Fixes name in paragraph 2 to Max from Matt) By David French NEW YORK (Reuters) -JPMorgan Chase has hired two bankers to boost its investment banking capabilities for energy companies, including one which will help the bank focus on coverage of middle-market clients in the ...
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US labor, advocacy groups urge states to reject Tesla’s $29 billion Musk pay

By Akash Sriram (Reuters) -A coalition of U.S. labor unions and progressive advocacy groups urged state financial officers overseeing public pension funds to oppose fresh pay awards for Tesla CEO Elon Musk, warning the excessive cost poses risks to workers’ retirement savings. A mix of labor ...
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