RTX raises 2025 forecast as strong demand offsets tariff worries
By Utkarsh Shetti and Mike Stone (Reuters) -Aerospace and defense giant RTX raised its full-year profit and revenue forecast on…
Kroger to hire 18,000 workers for 2025 holiday season, fewer than last year
(Reuters) -Kroger said on Monday its family of companies are looking to hire over 18,000 associates as the U.S. grocer…
Arm expands AI licensing program to boost on-device AI market share
(Reuters) -Arm Holdings said on Monday it is expanding its Flexible Access licensing program to cover its Armv9 edge AI…
Netflix’s ad, gaming bets in focus as investors seek clarity on pay-off
By Harshita Mary Varghese and Kritika Lamba (Reuters) -Netflix’s $120 billion stock market rally this year faces a crucial test…
Starbucks investors urge company to restart union talks
(Reuters) -Long-term Starbucks shareholders have written to the company to resume talks with its workers’ union to discuss staffing, wages…
AmEx updates 2025 forecasts as affluent customers keep up spending
By Manya Saini and Arasu Kannagi Basil (Reuters) -American Express raised the lower end of its 2025 profit and revenue…
Fifth Third profit jumps on fee income, records $178 million loss from Tricolor bankruptcy
(Reuters) -U.S. regional bank Fifth Third Bancorp reported a 14% jump in third-quarter profit on Friday on the back of…
Trump says 100% tariffs on China not sustainable, still plans to meet Xi
By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said his proposed 100% tariff on goods from…
States sue to stop Trump cancellation of $7 billion solar grant program
(Reuters) -Nearly two dozen states are suing the Trump administration over its cancellation of a $7 billion grant program aimed…
Chip stocks rise after TSMC’s rosy outlook on strong AI demand
(Reuters) -Semiconductor stocks advanced on Thursday after top contract chipmaker TSMC issued a rosy forecast, fanning optimism about demand for…