Reuters US Business

(Reuters) – A Harley-Davidson director has resigned after expressing “grave concerns” about the current state of the company in a letter to the motorcycle maker’s board. Shares of the company tumbled about 11% in morning trading on Thursday. Jared Dourdeville – the board member who represents Harley’s second-largest shareholder, H Partners – said in the …

Harley-Davidson board member resigns, cites ‘grave concerns’ about company Read More »

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices unexpectedly fell in March amid cheaper gasoline and used motor vehicles, but the benign inflation reading is unlikely to be sustained after President Donald Trump doubled down on tariffs on imported Chinese goods.  The first monthly decline in prices in nearly five years, reported by the …

US consumer inflation eases ahead of tariffs Read More »

By Savyata Mishra (Reuters) – Modelo Especial owner Constellation Brands’ beer sales are taking a hit as demand from Hispanic populations in key U.S. states slows down amid Trump’s crackdown on immigration, company executives said on Thursday. President Trump has kicked off a sweeping immigration crackdown after taking office in January, ratcheting up pressures on …

Modelo owner Constellation says Trump immigration crackdown hitting Hispanic customers Read More »

(Reuters) -Wall Street’s main indexes fell hard again on Thursday on concerns over the impact of high tariffs on the global economy, marking a U-turn from the previous session’s historic gains when U.S. President Donald Trump moved to temporarily lower the levies on some countries. The renewed selling came a day after the new levies …

Investors resume flight from US stocks, no respite in sight from tariff chaos Read More »

By Lisa Baertlein LOS ANGELES (Reuters) -U.S. container imports rose 11% year over year in March, continuing this year’s outsized monthly gains, but U.S. President Donald Trump’s escalating tariffs are dimming the outlook for later this year, trade executives said. U.S. seaport imports totaled 2,380,674 20-foot-equivalent units (TEUs) in March, the third-highest level recorded for …

Trump’s escalating tariffs threaten to reverse US import boom Read More »

By Nathan Gomes (Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump’s latest tariffs on new car imports are expected to significantly boost demand for more affordable options. The company said it was prioritizing inventory in vehicles aged between six and 10 years, while pulling back from older models …

CarMax boosts newer pre-owned car inventory as tariffs impact buying trends Read More »

(Reuters) – Google will offer steep discounts to U.S. federal agencies for its business apps package as the company looks to capitalize on the Trump administration’s cost-cutting push and chip away at Microsoft’s longstanding grip on the government software market. The move comes amid U.S. President Donald Trump’s drive to minimize federal spending through billionaire …

Google slashes business software prices for US federal agencies Read More »

By Nichola Groom (Reuters) -Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of Land Management, U.S. Senator Mike Lee said on Thursday at a Senate hearing that was meant to discuss her nomination. Sgamma had been scheduled to appear before the Senate Committee on Energy and Natural Resources, …

Oil advocate withdraws nomination to lead US land bureau Read More »