Cloudy 48°. Wind: E 7 mph.
Loading advertisement…
Trending: ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
HomeNewsNationalBusiness ( Page 547)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Trump set to visit Federal Reserve, ratcheting up pressure on Chair Jerome Powell

(WASHINGTON) -- President Donald Trump is set to visit the Federal Reserve on Thursday, ratcheting up pressure on the central bank after his repeated calls for lower interest rates.It marks the first official trip to the Fed taken by a sitting president in almost ...
by

Brazil’s WEG expects to mitigate most impacts from Trump tariffs

SAO PAULO (Reuters) -Brazilian motor maker WEG said on Thursday it expects to offset most of the impact from the 50% tariff U.S. President Donald Trump said he would impose on Brazilian goods partly by adjusting some export routes. Analysts have cited WEG – whose ...
by

Opendoor, Kohl’s resume rally as meme stock frenzy continues

(Reuters) -Shares of retail favorites Opendoor Technologies and Kohl’s resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Technologies, an e-commerce platform for residential real estate, rose 19% to $2.73, adding to its more than 400% ...
by

EU regulators to investigate if KKR provided misleading information in Telecom Italia deal

By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators will investigate whether U.S. investment firm KKR provided incorrect or misleading information in its 22 billion euro ($26 billion) acquisition of Telecom Italia’s (TIM) fixed-line network deal, the European Commission said on Thursday. The Commission, which acts ...
by

Comcast names board of directors for media spinoff

(Reuters) -Comcast on Thursday named the members to the first board of Versant Media Group, its planned spinoff that will take over a bulk of NBCUniversal’s cable networks, including USA Network, CNBC and MSNBC. The board will include Versant CEO Mark Lazarus, Chairman David Novak ...
by

LVMH sales weaker than expected as luxury sector awaits US trade deal

PARIS -Luxury bellwether LVMH reported a slightly worse than expected 4% decline in quarterly sales on Thursday, though CFO Cecile Cabanis expressed confidence for the rest of the year. Sales for the second quarter to the end of June fell 4% to 19.5 billion euros ...
Loading advertisement…
by

Michelin posts H1 sales in line with market forecasts

By Mathias de Rozario (Reuters) -French tyre maker Michelin reported a 3.4% decline in sales in the first half of the year, in line with market expectations, as a fall in sales volumes was partly offset by higher selling prices. The group confirmed its previous guidance ...
by

Honeywell raises 2025 forecasts on sustained demand for aerospace parts, services

By Utkarsh Shetti (Reuters) -Honeywell raised its annual forecasts after beating Wall Street expectations for second-quarter results on Thursday, buoyed by strong demand for its aerospace parts and maintenance services. A shortage of new jets has benefited the company that provides aircraft maintenance and repair services ...
by

California utility creates fund for victims of January’s deadly Eaton Fire near LA

LOS ANGELES (AP) — Southern California Edison announced this week that it will create a fund to compensate victims of January’s devastating Eaton Fire near Los Angeles. Investigators haven’t yet determined a cause for the blaze that killed 19 people and destroyed more than ...
by

CBS News names ’60 Minutes’ veteran Tanya Simon as broadcast’s new top producer

CBS News said Thursday it has selected Tanya Simon as the top producer at “60 Minutes,” elevating a respected insider in a closely-watched appointment given the turmoil that enveloped the newsmagazine with the settlement of President Donald Trump’s lawsuit. Simon, daughter of the late “60 ...
by

Pura Scents recalling more than 850,000 diffusers as magnet issue may cause ingestion hazard

Pura Scents is recalling more than 850,000 diffusers because some magnets may detach and cause a possible ingestion hazard to children. The company is recalling about 851,400 Pura 4 Smart Home Fragrance Diffusers with detachable covers. It said an additional 1,100 were sold in Canada. Pura ...
by

Meme stock surge underlines market froth, mostly centred on retail investors

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -Massive moves in stocks such as Kohl’s and Opendoor Technologies are raising questions over whether a new wave of meme stock trading is underway and what that signals about risk appetite more broadly. Benchmark equity indexes ...
First Previous543544545546547548549550551Next Last