Reuters US Business

(Reuters) -Comcast and Charter Communications said on Tuesday they would establish a mobile virtual network operator (MVNO) that will use T-Mobile’s 5G network to serve wireless business customers, with plans to launch next year. Financial terms of the agreement were not disclosed. As competition in broadband and pay TV intensifies, Comcast and Charter’s new MVNO …

T-Mobile’s 5G to power Comcast, Charter wireless business plans Read More »

(Reuters) -Enphase Energy forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump’s import tariffs had impacted its gross margin, sending the solar inverter maker’s shares down more than 7% after hours. U.S. trade officials in April finalized steep tariffs on most solar cells imported from Southeast Asia, after American manufacturers …

Enphase Energy forecasts third-quarter revenue below estimates, shares fall Read More »

By Shariq Khan NEW YORK (Reuters) -U.S. oil and gas producer ConocoPhillips is in advanced talks to sell assets in Oklahoma to privately owned Stone Ridge Energy for around $1.3 billion, three people familiar with the matter told Reuters on Tuesday. Oklahoma City-based Flywheel Energy, a private oil and gas company backed by Stone Ridge …

ConocoPhillips nears sale of Oklahoma assets to Stone Ridge Energy, sources say Read More »

(Reuters) -Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a boost in interest income on its credit card debt and higher fee income.  Shares of the company, which have gained nearly 22% in 2025, rose 2.5% after the bell.  Consumer spending displayed underlying resilience …

Capital One reports higher profit as interest income, fees rise Read More »

(Reuters) -Insurance company Chubb reported a rise in second-quarter profit on Tuesday, helped by improved underwriting performance and investment returns. Macroeconomic volatility and the unpredictable impact of severe weather events, particularly wildfires and hurricanes, have sustained demand for risk mitigation offered by insurance products. Stronger underwriting reflects an insurer’s ability to price risk effectively, bolstering …

Insurer Chubb’s second-quarter profit rises on strong underwriting business, investment income Read More »