Reuters US Business

By Shivansh Tiwary (Reuters) -American Airlines pulled its 2025 financial forecast on Thursday, mirroring its peers, as growing consumer apprehension over an escalating trade war results in carriers facing a level of uncertainty not seen since the COVID-19 pandemic. Economic uncertainty can impact non-essential spending such as travel as consumers turn cautious amid fears of …

American Airlines pulls 2025 forecast on travel demand worries from Trump tariffs Read More »

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) -Leveraged equity exchange-traded funds have seen a surge in inflows this month as some investors seek to position for amplified gains when markets recover from a selloff induced by U.S. President Donald Trump’s trade tariffs. According to LSEG Lipper data, leveraged equity funds have received inflows of $10.95 …

Leveraged equity ETFs popular as investors bet on market recovery Read More »

By Mrinalika Roy (Reuters) -Chemicals firm Dow Inc said on Thursday that it expects extended pressure on earnings as uncertainty from U.S. President Donald Trump’s erratic trade policies adds to macroeconomic volatility. Along with other chemicals firms, Dow has been struggling with higher feedstock and energy costs as well as weak demand and prices for …

Dow warns of earnings pressure due to tariff uncertainty Read More »

By Harshita Mary Varghese (Reuters) -Comcast reported a larger-than-expected quarterly decline in broadband customers on Thursday, hit by intense competition from wireless carriers bundling mobile services with high-speed internet plans, sending its shares down 6%. Broadband customers decreased by 199,000 in the first quarter, higher than the 139,000 losses Comcast reported in the last three …

Comcast sheds more broadband subscribers as wireless carriers ramp up bundled plans Read More »

(Reuters) -Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses a further threat to its consulting business. The software and consulting giant said 15 of its government contracts had been shelved due to cost-cutting initiatives …

IBM slides as federal spending cuts, uncertain economy impact consulting business Read More »