Reuters US Business

By Luciana Magalhaes and Gabriel Araujo SAO CARLOS, Brazil (Reuters) -LATAM Airlines will receive the E195-E2 jets it ordered from Embraer “relatively quickly” and expects them to allow the carrier to add 25 to 30 new destinations in Brazil, an executive said on Friday. “An important portion of them will be delivered next year, by …

LATAM looks for quick Embraer deliveries to add up to 30 new Brazil destinations Read More »

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased slightly more than expected in August as households went on vacation and dined out, keeping the economy on solid ground as the third quarter progressed, while inflation continued to steadily pick up. The report from the Commerce Department on Friday suggested the economy has so far …

Solid US consumer spending in August underscores economy’s resilience Read More »

By Scott DiSavino (Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by …

US oil and gas rig count rises to highest since June, Baker Hughes says Read More »

By Aishwarya Venugopal, Neil J Kanatt and Helen Reid (Reuters) -Shares of U.S.-based furniture companies that rely on imports slipped on Friday as President Donald Trump’s latest tariff salvo targeted couches and cabinets and analysts reiterated warnings about the longer-term effects of likely price rises. Trump announced a 50% tariff on imported kitchen cabinets and …

Trump’s furniture tariffs hit importers in latest trade salvo Read More »

By David Shepardson WASHINGTON (Reuters) -Electric vehicle manufacturer Tesla urged the Trump administration not to repeal vehicle emissions standards or the long-standing U.S. finding that greenhouse gas emissions endanger human health. Tesla said in comments posted on Thursday that the Environmental Protection Agency’s proposal to repeal the standards “would give a pass to engine and …

Tesla urges Trump administration to keep vehicle emissions rules, climate finding Read More »

By Pooja Menon and Sumit Saha (Reuters) -The Trump administration’s rapid retreat from renewable energy has kicked off consolidation and asset sales among smaller U.S. solar and wind power companies as they scramble to stay afloat, industry insiders and analysts said. President Donald Trump’s One Big Beautiful Bill Act (OBBBA) has overhauled tax credits and …

Trump’s energy pivot accelerates US solar and wind power mergers, asset sales Read More »

By Dan Catchpole (Reuters) -A strike by machinists at Boeing Defense in St. Louis reached 53 days on Friday, matching last year’s walkout by fellow International Association of Machinists and Aerospace Workers union members in the Northwest who make most of the company’s commercial jets. Last year’s strike ended with substantial concessions from Boeing. This …

Boeing feels little economic pain as strike at defense unit head for ninth week Read More »

By Gabriel Araujo and Luciana Magalhaes SAO PAULO (Reuters) -Airline group Abra has decided to terminate talks on a potential merger between Brazilian carrier Gol, which it controls, and rival Azul, a securities filing showed late on Thursday. The move ends prospects for the creation of a dominant airline in Latin America’s largest economy, which …

Abra pulls plug on Gol-Azul deal, ending talks on major Brazil airline merger Read More »