Reuters US Business

By Davide Barbuscia and David Randall NEW YORK (Reuters) – The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike rates, and some analysts are forecasting more extreme moves or even inversion. Unabated inflation supports their argument, with recent consumer prices readings fueling market expectations …

Explainer-The U.S. yield curve has been flattening: Why you should care Read More »

By Paul Lienert DETROIT (Reuters) – Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new battery-powered Lincoln sport utility vehicles through 2026, three people familiar with the plans told Reuters. Included are battery-electric models that will replace or supplement …

Exclusive-Ford’s Lincoln brand to launch full slate of electric SUVs by 2026 -sources Read More »

(Corrects to remove references to Canada in paragraph 2 and return policy dispute in China in paragraph 5) By Aditi Sebastian (Reuters) – Canada Goose Holdings Inc cut its full-year revenue and profit forecasts on Thursday, as Omicron-related restrictions dampen demand for the company’s luxury parkas and footwear, sending its shares down nearly 20%. Shuttered …

Canada Goose’s Omicron-induced forecast cut sends shares tumbling Read More »

(Refiles to correct publication date) By Eva Mathews and Akash Sriram (Reuters) – The strong subscriber additions by Disney+ in the latest quarter helped Walt Disney Co’s flagship streaming service close the gap with market leader Netflix Inc, but industry watchers focused on future prospects for streaming in a saturating market. Disney+ added 11.8 million …

Disney closes gap with Netflix, streaming industry future still in question Read More »

By Allison Lampert (Reuters) -Automakers and some manufacturers are looking to the skies as they seek alternatives for moving products caught up in Canadian trucking protests that have hit supply chains on both sides of the U.S.-Canada border, union and industry executives said. Protesters have occupied key border crossings between the United States and Canada …

Canadian trucker protest forces some companies to use air transport Read More »

SAO PAULO (Reuters) -Brazil’s biggest private-sector lender Itau Unibanco Holding SA said on Thursday 2022 is likely to be a year of lower loan book growth and higher loan-loss provisions, amid Brazil’s challenging economic outlook. The bank, however, said it will likely maintain its return on equity, a gauge of profitability, around 20%. Its loan …

Itau sees 2022 loan book slowdown, provisions up Read More »