Reuters US Business

By Maki Shiraki, Daniel Leussink and Norihiko Shirouzu TOKYO (Reuters) -Directors of Japan’s third-largest automaker Nissan will discuss potential successors to CEO Makoto Uchida at a meeting on March 11, as his position has become untenable given the worsening performance of the company, three people familiar with the matter said. Candidates being considered include Chief …

Nissan board to discuss potential CEO successors at March 11 meeting, sources say Read More »

OTTAWA, March 7 (Reuters) – Canadian industries ran at 79.8% of capacity in the fourth quarter of 2024, higher than the upwardly revised 79.4% in the third quarter, Statistics Canada said on Friday. The increase was largely attributed to growth in the construction sector, as well as petroleum and coal product manufacturing. Following are the …

Canadian Q4 industry capacity use edges up to 79.8% Read More »

By Howard Schneider RICHMOND, Virginia (Reuters) – Will Paulette’s latest apartment construction project was mired in mud as a rainstorm passed through this week, a situation that matched the murky outlook for builders who are assessing how sweeping new tariffs might affect their costs, the flow of work, and the willingness of developers and lenders …

Trump’s ‘shock and awe’ agenda leaves Virginia businesses scrambling Read More »

By Nandita Bose and Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens. The announcement, made on Thursday ahead of …

Trump signs order to establish strategic bitcoin reserve Read More »

By Saeed Azhar, Matt Tracy and Carolina Mandl NEW YORK (Reuters) – Investors including Blackstone and wealthy individuals are scouting for office properties in New York as companies call employees back to the office, fueling a nascent recovery in the battered commercial real estate market. The increasing appetite for offices in New York and beyond …

New York workers’ return to office ignites deal hopes in battered real estate market Read More »