Reuters US Business

By Jody Godoy (Reuters) -The head of the U.S. Department of Justice’s antitrust division laid out a vision for “America First” antitrust in her first public speech on Monday, calling it a way to prevent corporate regulation. Robust antitrust enforcement, including merger enforcement, is necessary as a check on the free market that will ultimately …

“America First” antitrust enforcement is not regulation, DOJ official says Read More »

By Arriana McLymore, Greg Bensinger NEW YORK (Reuters) -Amazon’s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer. The planned pullback, which hasn’t been …

Exclusive-Some Amazon sellers are pulling out of Prime Day amid Trump tariffs Read More »

By Juveria Tabassum (Reuters) -Domino’s Pizza on Monday posted a surprise decline in first-quarter same-store sales in its biggest market, as elevated inflation and economic uncertainty hit consumer appetite for restaurant food. Restaurant traffic slowed in February and March as consumer sentiment weakened, mainly due to President Donald Trump’s erratic trade policy, which has fanned …

Domino’s Pizza US sales dip as inflation, economic uncertainty hurt demand Read More »

By Siddhi Mahatole (Reuters) -Medical equipment maker Revvity on Monday joined larger peers in warning about the impact of tariffs imposed by the U.S. President Donald Trump’s administration, but maintained its annual profit outlook. Shares of the company, which have fallen 14.2% so far this year, rose 1.8% in morning trading. Revvity anticipates a $135 …

Revvity joins peers Thermo Fisher, Danaher in tariff warning, maintains profit outlook Read More »

(Reuters) – Australia’s Bega Cheese said on Monday that the Supreme Court of New South Wales has dismissed a case filed by Fonterra over trademark licensing agreements and the New Zealand dairy firm’s divestment plan. Last November, Fonterra’s Australian units initiated proceedings against Bega Cheese, seeking a ruling that Fonterra’s divestment proposal would not impact …

Court ruling favours Australia’s Bega Cheese in dairy giant Fonterra’s trademark dispute Read More »

By Sheila Dang HOUSTON (Reuters) -When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have increased the risk to dividends and share repurchases for the rest of 2025. Big Oil has made returning cash to investors through dividends and share repurchases a strategic cornerstone of …

Investors fear Big Oil could cut share buybacks as crude prices slump Read More »

By Kylie Madry and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Shares in Mexican cement maker Cemex climbed on Monday as the sale of assets in the Dominican Republic helped its net profit nearly triple in the first three months of 2025, even as the company reported a year-on-year dip in core earnings. Cemex shares climbed 4.5% …

Shares in Mexico’s Cemex’s jump as Dominican asset sale propels profit Read More »

By Niket Nishant (Reuters) -Institutional Shareholder Services (ISS) has asked BlackRock investors to vote against the asset manager’s executive compensation plans, escalating tensions after a narrow win last year for its top management’s remuneration packages. While BlackRock gathered feedback in 2024 from its 50 largest shareholders after securing about 58% support for its compensation plan …

Proxy adviser ISS urges vote against executive compensation at BlackRock Read More »

By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission on Monday voted to open a review of the decades-old spectrum sharing regime between satellite systems sought by SpaceX. The review by the U.S. telecom regulator aims to allow a greater and more intensive use of spectrum for space activities. Existing reductions approved in the …

US FCC to review spectrum sharing rules to boost space-based telecom Read More »