Reuters US Business

Tyson lifts 2025 sales forecast, prepares for tariff impacts

By Tom Polansek, Neil J Kanatt and Heather Schlitz (Reuters) -U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares 3%. The chicken nuggets and Ball Park hot dogs manufacturer has improved its poultry business after struggling to predict …

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Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil

By Shariq Khan NEW YORK (Reuters) -U.S. consumers will see higher prices at the gas pump from President Donald Trump’s decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The likely hike in fuel prices reflects the double-edged nature of Trump’s trade protections which are designed to …

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Canada not optimistic about a Mexico-style tariff reprieve, says New York Times

OTTAWA (Reuters) – Canada is not optimistic it can get the same kind of one-month reprieve from U.S. tariffs that was granted to Mexico, the New York Times cited a senior Canadian government official as saying on Monday. President Donald Trump said he had spoken to Prime Minister Justin Trudeau on Monday and would speak …

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Mexico president says tariffs with United States paused for a month

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday that tariffs with the United States are on hold for a month after a conversation with President Donald Trump in which she committed to putting more law enforcement on the U.S. border to stop the flow of drugs. “Our teams will start working today in …

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Smaller US winter COVID wave adds pressure to Pfizer turnaround

By Michael Erman NEW YORK (Reuters) – Health experts are seeing signs of a much smaller wave of U.S. COVID-19 cases this winter than in previous years, which could put additional pressure on Pfizer to find growth from its non-COVID treatments. Pfizer, which reports financial results on Tuesday, has been under pressure from investors looking …

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No plan to prop up global health, Novo Nordisk Foundation says, as Trump freezes US aid

By Jennifer Rigby LONDON (Reuters) – The Novo Nordisk Foundation does not plan to step in to prop up a global health sector reeling from a freeze on U.S.-funded foreign aid, and will continue to focus on its core non-communicable disease agenda, an official told Reuters.     The foundation, which is linked to the Danish drugmaker …

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US metal buyers likely to turn to Mideast, Chile as tariffs bite

By Melanie Burton MELBOURNE (Reuters) -U.S. companies will look to the Middle East and India for more aluminium and to Chile and Peru for copper as they seek to circumvent sweeping tariffs imposed by U.S. President Donald Trump, according to industry sources. Trump’s orders for additional levies of 25% on imports from Mexico and most …

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Cboe plans to extend equities trading to 24 hours amid global demand

(Reuters) – Cboe Global Markets on Monday announced plans to expand U.S. equities trading to a 24-hour, five-days-a-week format to meet the global demand for the country’s stock market. The plan seeks to enable trading, which will only break on the weekends, on its Cboe EDGX Equities Exchange (EDGX). WHY IT’S IMPORTANT The move comes …

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