Reuters US Business

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. bond investors are gearing up for increased volatility and staying defensive in their portfolios amid uncertainty about the impact of the Trump administration’s policies and signs that the Federal Reserve’s interest rate cuts may be on a lengthy pause. Portfolio managers continued to shy away from the …

US bond investors seek safety amid uncertainty about Trump policies, Fed outlook Read More »

By Utkarsh Shetti and Mike Stone (Reuters) -Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples with the delayed rollout of upgrades to the F-35 fighter jet that are vital to its bottom line.  Shares of the company fell about 8.2% in premarket …

Lockheed Martin cautious on 2025 profit view, shares sink 8% Read More »

By Michael S. Derby (Reuters) – Credit data likely to be considered at a two-day Federal Reserve policy meeting that begins on Tuesday may show pumps primed for increased bank lending, even as the prospect for gains is complicated by a highly uncertain economic environment and still-daunting borrowing costs tied to central bank policy.   Fed …

Bank lending prospects among key inputs for policymakers at Fed meeting Read More »

By Tim Hepher PARIS (Reuters) -Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long-running status review of a major satellite programme during annual results on Feb. 20. In a webcast to analysts, the European aerospace group did not provide details of the planned …

Airbus hints at new Space charge as it explores alliance Read More »

By Niket Nishant and Arasu Kannagi Basil (Reuters) – Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other IPO candidates to tread cautiously. The lukewarm reception to the largest U.S. pork processor’s public offering, following closely on the heels of Venture Global’s …

Smithfield Foods valued at $7.7 billion in lukewarm market debut Read More »

(Reuters) -Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.  The second-largest U.S. producer is partnering with investment firm Engine No. 1 and electric services company GE Vernova …

Chevron to build gas plants to power data centers amid AI boom Read More »

By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -JetBlue Airways shares plunged 28% on Tuesday after the New York-based carrier forecast lower-than-expected unit revenue and higher costs in the current quarter. The company, however, said it expects improvements in its performance in subsequent quarters and sees an adjusted operating margin in the range of 0.0% …

JetBlue outlook sparks sell-off in shares Read More »

(Reuters) – Nineteen Republican attorneys general have called on Costco Wholesale to abandon its diversity, equity, and inclusion policies, citing concerns about discrimination and legal risks. This comes after 98% of the U.S. retailer’s shareholders last week voted against a proposal requesting a report on the risks tied to its diversity and inclusion initiatives, pushing …

Republican state attorneys pressure Costco to drop diversity policies Read More »