Reuters US Business Archives - Page 6 of 2312

US threatens countermeasures on European service providers after EU fines

17 Dec 2025 17 Dec 2025

WASHINGTON, Dec 16 (Reuters) – President Donald Trump’s administration warned on Tuesday the United States could impose fees or restrictions on European service providers in response to what it called “discriminatory” actions against U.S. firms. The Office of the U.S. Trade Representative, in a post on X, accused the European Union and some of its …

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Netflix to add soccer video game based on FIFA World Cup next year

17 Dec 2025 17 Dec 2025

Dec 17 (Reuters) – Netflix on Wednesday said it will add a soccer simulation title to its gaming portfolio, as the streaming giant looks to leverage the FIFA World Cup 2026 tournament to deepen its video game push. The soccer title will be developed and published by Delphi Interactive, which is also helping create a …

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Exclusive-Google works to erode Nvidia’s software advantage with Meta’s help

17 Dec 2025 17 Dec 2025

Dec 17 (Reuters) – Alphabet’s Google is working on a new initiative to make its artificial intelligence chips better at running PyTorch, the world’s most widely used AI software framework, in a move aimed at weakening Nvidia’s longstanding dominance of the AI computing market, according to people familiar with the matter. The effort is part …

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Analysis-Qatar bets on cheap power to catch up in Gulf AI race

17 Dec 2025 17 Dec 2025

By Utkarsh Shetti and Federico Maccioni DUBAI, Dec 17 (Reuters) – Qatar is banking on its abundant, low-cost energy to make up for lost time in the Gulf’s artificial intelligence race, hoping that cheap power and deep pockets will help it catch up with regional rivals that have already secured a head start. The launch …

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General Mills surpasses quarterly expectations on resilient packaged foods demand

17 Dec 2025 17 Dec 2025

By Neil J Kanatt and Koyena Das Dec 17 (Reuters) – General Mills beat estimates for second-quarter sales and profit on Wednesday, as budget-conscious consumers ate at home than dined out, boosting demand for the Pillsbury dough maker’s pantry staples and breakfast cereals. Shares of the Cheerios maker, which reaffirmed its annual forecasts for a …

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Wall St subdued at open as investors eye policy outlook; Oracle slides

17 Dec 2025 17 Dec 2025

Dec 17 (Reuters) – Wall Street’s main indexes were subdued at the open on Wednesday as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following reports of funding hurdles for Oracle’s data center plans. The Dow Jones Industrial Average rose 13.8 points, or 0.03%, at the open to …

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American Airlines ramps up premium upgrades to regain ground on Delta, United

17 Dec 2025 17 Dec 2025

By Rajesh Kumar Singh NEW YORK, Dec 17 (Reuters) – American Airlines is betting big on luxury to regain altitude. From lie-flat seats and Bollinger champagne to Lavazza coffee and ultra-fast Wi-Fi, the carrier is rolling out a premium makeover to claw back ground lost to Delta Air Lines and United Airlines. The break from …

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Electronics firm Jabil forecasts upbeat annual results on booming data center demand

17 Dec 2025 17 Dec 2025

Dec 17 (Reuters) – Jabil forecast annual revenue and profit above Wall Street estimates on Wednesday, as the electronic component maker looks to capitalize on artificial intelligence-driven demand for data centers, sending its shares up more than 5.8% in premarket trade. It expects full-year 2026 revenues of $32.4 billion, above analysts’ average expectations of $31.52 …

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Morning Bid: Inflation Grinch Creeps Up On Wall Street

17 Dec 2025 17 Dec 2025

By Naomi Rovnick LONDON, Dec 17 (Reuters) – By Naomi Rovnick, global markets correspondent. What matters in U.S. and global markets today Wall Street’s traditional Santa rally is nowhere to be found as inflation anxiety and geopolitical tensions dominate the market mood. Brent crude is rallying after U.S. President Donald Trump on Tuesday ordered a …

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Fed liquidity measures calm year-end funding jitters

17 Dec 2025 17 Dec 2025

By Gertrude Chavez-Dreyfuss NEW YORK, Dec 17 (Reuters) – The U.S. bond market is heading into the year-end with less anxiety than usual, sanguine that the Federal Reserve’s latest funding plans will cushion the seasonal cash crunch that occurs as banks pull back from short-term lending. Short-term money market rates typically spike at the “turn” …

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