Reuters US Business

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 preps for the busy holiday season, about 7,000 fewer than last year. The hires would be focused on customer-facing roles such as cashiers, baggers, deli bakery clerks and pharmacy technicians. Last year, Kroger had said …

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Inflation in Mexico likely slowed in early October: Reuters poll

MEXICO CITY (Reuters) -Mexico’s annual inflation rate likely slowed in the first half of October, a Reuters poll showed on Monday, supporting bets the central bank of Latin America’s second-largest economy will continue to cut its benchmark interest rate through the end of this year. The median average forecast of 11 analysts polled by Reuters …

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Brazil’s bar, restaurant sales fall amid beverage poisoning cases, survey finds

By Igor Sodre SAO PAULO (Reuters) -Sales in Brazilian bars and restaurants dropped 4.9% in September compared to August amid growing cases of methanol contamination in alcoholic beverages, data released by payment company Stone and the Brazilian Association of Bars and Restaurants Abrasel showed on Monday.   WHY IT’S IMPORTANT Brazil recorded 133 reports of methanol …

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Green energy firm DeepGreenX pulls plug on direct listing amid ongoing shutdown

(Reuters) -Green energy and technology company DeepGreenX Group withdrew its registration statement for a direct listing in the United States on Monday, as the federal government shutdown hit the 20-day mark. In a filing with the U.S. Securities and Exchange Commission, DeepGreenX said the company had decided not to pursue the offering given processing delays …

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Ari Emanuel’s MARI buys digital ticketing platform TodayTix

(Reuters) -Global events company MARI said on Monday it has acquired TodayTix Group (TTG), getting access to its platforms that sell tickets for live performances ranging from operas in New York to plays by London’s Royal Shakespeare Company. The deal adds to MARI’s rapidly expanding portfolio since its launch just earlier this month by Ari …

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Bank of Canada says firms’ outlooks remain subdued amid trade tensions

By Promit Mukherjee and David Ljunggren OTTAWA, Oct 20 (Reuters) – Canadian firms feel conditions are slightly better than earlier in the year but they are unlikely to boost investments or hiring given the dampening effect of U.S. tariffs, a Bank of Canada survey showed on Monday. The quarterly business outlook survey is closely watched …

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Solid volumes set to underpin US exchange results, bubble chatter in focus

By Prakhar Srivastava (Reuters) -Major U.S. exchange operators are set to report a solid third quarter as robust trading in equities and options lifts volumes, a surge that has prompted some analysts to question whether parts of the market are in a bubble. Worries about overheating in AI-linked stocks kept traders rotating in and out …

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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 platform, aiming to attract startups and device makers developing on‑device AI by lowering entry barriers and accelerating design cycles. The Flexible Access program allows companies to use its chip design tools and training for little …

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Starboard to detail need for change at Tripadvisor at conference, sources say

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Starboard Value, which built a 9% stake in Tripadvisor earlier this year, plans to discuss the need to make changes at the travel-review company at an industry conference on Tuesday, two sources familiar with the matter said on Sunday. Starboard, which is run by Jeff Smith, has …

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