Reuters US Business

(Reuters) -The U.S. Federal Trade Commission has sued to block Edwards Lifesciences Corp’s acquisition of JenaValve Technology Inc, saying in a lawsuit filed in Washington on Wednesday that the merger would decrease competition in the market for a device meant to treat a potentially fatal heart condition. Edwards and JenaValve are the only two companies …

FTC seeks to block Edwards Lifesciences’ acquisition of JenaValve Read More »

(In paragraph 8, corrects title of Mark Mason to Chief Financial Officer, not CEO) By Nupur Anand, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -U.S. banking giants said consumers remained in good shape even after U.S. President Donald Trump’s tariff policies roiled markets, but executives warned of potential weakness ahead. “The consumer basically seems …

Large US banks say consumer finances are healthy despite tariffs Read More »

By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Northrop Grumman-backed Firefly Aerospace priced its upsized U.S. initial public offering at $45 per share on Wednesday, raising $868.3 million, and indicating strong demand for the buzzy space technology startup that put a lander on the moon. Firefly sold about 19.3 million shares priced above its already …

Firefly raises $868 million in upsized US IPO as it sets sights on a positive liftoff Read More »

(Reuters) -Nutrien topped Wall Street estimates for second-quarter profit on Wednesday, as the world’s top potash producer benefited from improved demand in North America amid a robust corn planting season. U.S. farmers expanded corn plantings by 5% this year to the highest since 2013 while cutting soybean acres by 4% to a five-year low, the …

Nutrien beats quarterly profit estimates on strong potash demand Read More »

By Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO (Reuters) -Air Canada flight attendants want to make gains on unpaid work that go beyond recent advances secured by their U.S. counterparts, a union leader said on Wednesday, in a fresh test of the way airlines compensate cabin crews. Negotiators from Canada’s largest carrier and the union …

Air Canada flight attendants try to build on US gains on unpaid work Read More »

By Akash Sriram (Reuters) -Lyft’s quarterly revenue miss overshadowed an upbeat gross bookings forecast for the September-quarter on Wednesday, as the ride-hailing services provider expands into Europe and forges new partnerships. Larger rival Uber Technologies, which offers ride-hailing, food and grocery delivery globally, beat revenue estimates and issued an upbeat forecast for the third-quarter earlier …

Lyft’s revenue miss clouds upbeat bookings forecast on European expansion Read More »