Reuters US Business

(Reuters) – Investment firm H Partners has urged Harley-Davidson’s shareholders to remove three directors from the board, including its CEO, holding them responsible for the company’s declining sales and falling stock price. H Partners, the iconic American brand’s second-largest investor with a 9.1% stake, made the latest move days after the firm called on CEO …

Harley-Davidson faces board fight from H Partners amid calls for CEO to exit soon Read More »

By Karen Brettell NEW YORK (Reuters) – The dollar resumed its fall on Wednesday with both safe-havens and risk-sensitive currencies outperforming the greenback as traders waited to see if U.S. President Donald Trump’s administration reaches new trading agreements with partners. The dollar tumbled last week on concerns over the economic impact of new tariffs and …

Dollar resumes fall as investors wait on trade talks Read More »

By Akash Sriram (Reuters) -Californians further soured on Tesla in the first quarter, pulling down the electric-vehicle maker’s registrations by 15% as backlash against Elon Musk’s company intensified in the state that has embraced EVs most across the United States. The drop-off means Tesla no longer accounts for a majority of the EV market share …

Tesla registrations slump 15% in EV-loving California Read More »

(Reuters) – OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be OpenAI’s largest to date, the terms of which have not yet been finalized, the report said, adding the talks could change or fall apart. OpenAI …

OpenAI in talks to buy Windsurf for about $3 billion, Bloomberg News reports Read More »

By Shivansh Tiwary (Reuters) -United Airlines said on Wednesday it expects its financial performance to remain resilient despite economic uncertainty stemming from new tariffs, citing demand for high-margin premium offerings and international travel. Shares of the carrier rose as much as 5% in morning trade before shedding those gains to a broader market fall. They …

United Airlines banks on premium, international travel to ease trade war gloom Read More »

By Olivia Le Poidevin and Philip Blenkinsop GENEVA (Reuters) – The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects could lead to the heaviest slump since the height of the COVID pandemic. The WTO said it expected …

WTO slashes 2025 trade growth forecast, warns of deeper slump Read More »

(Reuters) -General Dynamics said on Wednesday its Gulfstream G800 jet has received certifications from the Federal Aviation Administration and the European Union Aviation Safety Agency. The company had said in January it expected FAA certification for the jet in the first half of 2025. The G800 is part of General Dynamics’ business jet offerings under …

General Dynamics says G800 jet receives FAA, EASA certifications Read More »