Reuters US Business

(In Oct. 28 story, corrects paragraphs 6, 8 to say sales forecast, reported figures are based on constant currency; Also corrects second-quarter sales numbers for North Face, Timberland and first-quarter sales numbers for Vans in paragraph 8 to say they are in constant currency, not on a reported basis) (Reuters) -VF Corp on Tuesday forecast …

Vans parent VF Corp forecasts surprise revenue decline amid tariff pressure (Oct. 28) Read More »

By Christy Santhosh and Siddhi Mahatole (Reuters) – Thermo Fisher said on Wednesday it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S. The deal includes an upfront payment of about $8.88 billion, in addition to …

Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion Read More »

By Nathan Gomes and Nandan Mandayam (Reuters) -Caterpillar topped third-quarter profit and revenue estimates on Wednesday as a boom in AI technologies drove demand for its energy equipment, sending its shares up 12%. The industrial equipment maker’s energy and transportation unit has fueled much of the company’s growth in recent quarters as AI-driven investments in …

Caterpillar beats estimates as AI boom drives energy equipment demand; shares surge Read More »

By Harshita Mary Varghese (Reuters) -Verizon beat Wall Street estimates for quarterly profit and wireless subscriber additions on Wednesday, as promotions around the recent iPhone launches helped the U.S. wireless service provider attract more customers. The company added 44,000 total monthly bill-paying wireless subscribers in the third quarter, compared with expectations for 19,000 additions, according …

Verizon tops estimates for subscriber additions, profit on strong phone upgrades Read More »

By Mike Stone WASHINGTON (Reuters) -Lockheed Martin is investing $50 million in sea drone maker Saildrone to help equip its biggest surveillance drones with missiles, marking the first time the long-distance autonomous ships will carry high-powered missiles aboard. The weaponization plan announced on Wednesday comes as the Pentagon seeks to counter China’s growing naval power …

Tomahawk missiles planned aboard sea drones in latest Lockheed deal Read More »

By Sheila Dang, Shadia Nasralla and Stephanie Kelly HOUSTON/LONDON (Reuters) -Big Oil may see marginally higher oil prices and stronger refining results boost third quarter results after declining earnings over the past year, but some analysts are more interested in how global oil majors set the stage for 2026 when they begin reporting results this …

Big Oil earnings expected to edge up as analysts eye 2026 outlook Read More »