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DoorDash forecasts strong quarter on resilient delivery demand

(Reuters) -DoorDash forecast third-quarter gross merchandise value above Wall Street expectations after topping estimates on Wednesday, betting on robust demand for food and grocery deliveries through its platform. The company’s offers and promotions, particularly in its U.S. and international markets for members, have attracted budget-conscious ...
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Apple commits additional $100 billion to US investments

(Reuters) -Apple said on Wednesday it would spend an additional $100 billion in U.S. investments, bringing its total investment commitment to the country to $600 billion over the next four years.(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Alan Barona) Brought to you by ...
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Duolingo raises 2025 revenue forecast as AI tools boost user engagement

By Akash Sriram (Reuters) -Language-learning app Duolingo raised its annual revenue forecast and beat second-quarter revenue estimates on Wednesday, anticipating broader adoption of its AI-enhanced subscription tier among its global user base. Duolingo operates on a freemium model, offering basic language-learning features for free while providing ...
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Fed policymakers signal rising angst about cooling economy

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Less than a week after deciding against an interest-rate cut, some Federal Reserve policymakers are signaling rising angst about a cooling U.S. labor market and a slowing economy, even as they continue to express uncertainty about the ...
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Exclusive-Lula plans new ‘national sovereignty’ policy for strategic minerals

By Brad Haynes and Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva told Reuters on Wednesday of his plans for a new national policy treating strategic minerals as a matter of “national sovereignty” in order to avoid exporting minerals without adding value ...
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Analysis-India-US spat over trade and oil threatens wider fallout

By Krishna N. Das, David Brunnstrom and Shivam Patel NEW DELHI/WASHINGTON (Reuters) -U.S. President Donald Trump’s tirade against India over trade and Russian oil purchases threatens to undo two decades of diplomatic progress, analysts and officials say, and could derail other areas of cooperation as ...
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Fed’s Cook says tepid July jobs data merits concern 

(Reuters) -Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the moderation of the pace of hiring. Cook, who was speaking at an event held by the Federal Reserve Bank of Boston, said big revisions like ...
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Exclusive-Lula rejects ‘humiliation’ of calling Trump over US-Brazil tariff

By Brad Haynes and Lisandra Paraguassu BRASILIA (Reuters) -As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil’s President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks with U.S. President Donald Trump which ...
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FTC seeks to block Edwards Lifesciences’ acquisition of JenaValve

(Reuters) -The U.S. Federal Trade Commission sued to block Edwards Lifesciences Corp’s acquisition of JenaValve Technology Inc, saying in a lawsuit filed in Washington on Wednesday the merger would decrease competition in the market for a device meant to treat a potentially fatal heart ...
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Thomson Reuters reports higher second-quarter revenue, AI helps drive growth

By Kenneth Li NEW YORK (Reuters) -Thomson Reuters reported higher revenue for the second quarter, during which it launched new AI features in its tax and accounting and legal divisions. The Toronto-based content and technology company reaffirmed its full year 2025 guidance of a 7% rise in ...
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Trump order lowering tariffs on EU autos still days away, source says

BRUSSELS (Reuters) -The European Union will likely have to wait a few more days for an executive order by U.S. President Donald Trump lowering tariffs on imports of European cars and car parts, a source familiar with the EU-U.S. negotiations said. It means U.S. consumers ...
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Instant View: Trump order imposes additional 25% tariff on goods from India

MUMBAI (Reuters) -U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil. The additional tariffs mean India will face the highest levy along with Brazil, putting it ...
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