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Trump says trade deal struck with Japan includes 15% tariff

By Trevor Hunnicutt and Jasper Ward WASHINGTON (Reuters) -President Donald Trump on Tuesday said the U.S. and Japan had struck a trade deal that includes a 15% tariff that will be levied on U.S. imports from the country. In a post on Truth Social, Trump said ...
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T-Mobile’s 5G to power Comcast, Charter wireless business plans

(Reuters) -Comcast and Charter Communications said on Tuesday they would establish a mobile virtual network operator (MVNO) that will use T-Mobile’s 5G network to serve wireless business customers, with plans to launch next year. Financial terms of the agreement were not disclosed. As competition in broadband ...
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Enphase Energy forecasts third-quarter revenue below estimates, shares fall

(Reuters) -Enphase Energy forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump’s import tariffs had impacted its gross margin, sending the solar inverter maker’s shares down more than 7% after hours. U.S. trade officials in April finalized steep tariffs on ...
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Boeing sends contract offer to union members

(Reuters) -Boeing sent a contract offer on Tuesday to union members who assemble its fighter jets in the St. Louis area. The company’s proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and ...
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In-N-Out Burger CEO to join the list of high-profile business figures to leave California

LOS ANGELES (AP) — As California’s much-loved hamburger chain In-N-Out Burger expands across the country into Tennessee, billionaire owner and CEO Lynsi Snyder has announced she and her family are going with it and heading east, too. “There are a lot of great things ...
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Trump says a China trip is ‘not too distant’ as trade tensions ease

WASHINGTON (AP) — President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world’s two largest economies may meet soon to help reset relations after moving to climb down from a trade ...
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Mexican telecoms giant America Movil swings to profit in Q2

MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday reported a swing to a net profit in the second quarter compared to the same period in 2024, reaching 22.28 billion pesos ($1.19 billion). Revenues of the company, controlled by the family of Mexican billionaire ...
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ConocoPhillips nears sale of Oklahoma assets to Stone Ridge Energy, sources say

By Shariq Khan NEW YORK (Reuters) -U.S. oil and gas producer ConocoPhillips is in advanced talks to sell assets in Oklahoma to privately owned Stone Ridge Energy for around $1.3 billion, three people familiar with the matter told Reuters on Tuesday. Oklahoma City-based Flywheel Energy, a ...
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Baker Hughes beats second-quarter profit estimates on strong demand for natgas technology

(Reuters) -Oilfield services provider Baker Hughes surpassed Wall Street expectations for second-quarter profit on Tuesday, as it benefited from robust demand for its natural gas services. The energy industry is benefiting from an increase in demand for natural gas, driven primarily by LNG exports and ...
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US senators raise alarm about Delta plans to use AI to set ticket prices

WASHINGTON (Reuters) -Three Democratic senators pressed Delta Air Lines CEO Ed Bastian to answer questions about the airline’s planned use of artificial intelligence to set ticket prices, raising concerns about the impact on travelers. “Delta’s current and planned individualized pricing practices not only present data ...
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Capital One reports higher profit as interest income, fees rise

(Reuters) -Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a boost in interest income on its credit card debt and higher fee income.  Shares of the company, which have gained nearly 22% in 2025, ...
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What’s happening with forgiveness for student loans on income-based repayment plans?

NEW YORK (AP) — Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a repayment plan known as income-based repayment, or IBR, have ...
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