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Category: Business

Solar stocks plummet after Trump’s tax bill advances in US House
Business

Solar stocks plummet after Trump’s tax bill advances in US House

By Vallari Srivastava (Reuters) – Shares of U.S. solar companies fell sharply on Thursday after the House of Representatives advanced…

May 22, 2025
UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
Business

UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers

By Sriparna Roy (Reuters) -UnitedHealth shares fell more than 6% on Wednesday after the UK’s Guardian newspaper reported that the…

May 21, 2025
Target cuts annual forecasts as tariff pressure mounts, demand slows further
Business

Target cuts annual forecasts as tariff pressure mounts, demand slows further

By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target slashed its annual sales forecast on Wednesday after posting a sharp…

May 21, 2025
Xpeng forecasts upbeat quarterly revenue on strong EV deliveries
Business

Xpeng forecasts upbeat quarterly revenue on strong EV deliveries

(Reuters) -China’s XPeng on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on growing demand for its lower-priced electric…

May 21, 2025
VF Corp misses quarterly revenue estimates as tariff uncertainty hits demand
Business

VF Corp misses quarterly revenue estimates as tariff uncertainty hits demand

-Apparel and footwear maker VF Corp on Wednesday missed fourth-quarter revenue estimates as a challenging macroeconomic environment dampened its consumer…

May 21, 2025
Apple supplier Foxconn to invest $1.5 billion in India unit
Business

Apple supplier Foxconn to invest $1.5 billion in India unit

(Reuters) -Apple supplier Foxconn will invest 1.5 billion rupees in its India unit, the company said in a filing, as…

May 20, 2025
Home Depot beats sales estimates on stable demand, no plans for price hikes
Business

Home Depot beats sales estimates on stable demand, no plans for price hikes

(Reuters) -Home Depot beat Wall Street estimates for first-quarter sales on Tuesday, helped by resilient demand from professional contractors, as…

May 20, 2025
AMD to sell ZT Systems’ server-manufacturing business to Sanmina in $3 billion deal
Business

AMD to sell ZT Systems’ server-manufacturing business to Sanmina in $3 billion deal

(Reuters) -AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making…

May 19, 2025
Capital One to pay $425 million to settle litigation over savings accounts
Business

Capital One to pay $425 million to settle litigation over savings accounts

By Jonathan Stempel (Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating…

May 17, 2025May 17, 2025
Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
Business

Tesla blocks stockholders with less than 3% shares from suing officers on its behalf

(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf…

May 17, 2025May 17, 2025

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