BUENOS AIRES (Reuters) – Argentina’s largest umbrella union, the powerful General Confederation of Labor (CGT), announced on Thursday it will hold a broad 24-hour strike on April 10 in protest of President Javier Milei’s economic austerity measures and reforms. Milei has overseen a dramatic reduction in Argentina’s sky-high inflation, but unions say his cuts to …
Argentina unions to strike against Milei on April 10 Read More »
By Kiyoshi Takenaka TOKYO (Reuters) – More than three-quarters of Japanese companies have no plan to pull back from promoting workplace diversity and decarbonisation despite recent policy changes in the United States, a Reuters survey showed on Friday. Since taking office in January, U.S. President Donald Trump has issued a series of executive orders aimed …
Most Japan firms stay committed to diversity despite US moves, Reuters survey shows Read More »
By Abhinav Parmar and Lisa Baertlein (Reuters) -FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald Trump imposes tariffs on trading partners. “Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. …
FedEx cuts full-year results forecast on ‘uncertainty’ in economy, bad weather Read More »
By Juby Babu (Reuters) -Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading. AI demand has significantly boosted the need for Micron’s HBM chips, a type of dynamic random access memory or …
Micron forecasts upbeat quarterly revenue on strong AI memory chip demand Read More »
(Reuters) – Nucor Corp on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to weigh on its average selling prices, sending the steelmaker’s shares down 4% after the bell. On an adjusted basis, the Charlotte, North Carolina-based company expects first-quarter earnings to be in the range of 50 cents …
Nucor forecasts first-quarter profit below estimates on lower steel pricing Read More »
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday his government expects lengthy tariff negotiations with the United States, and suggested they would include trade discussions involving sugar and ethanol. “As they are waging war with the entire world, they will not make an exception for Brazil. That certainly will not happen,” he …
Brazil sees prolonged US tariff talks, minister says, linking ethanol and sugar Read More »
Lennar Corp reported lower first-quarter profit on Thursday, as high mortgage rates and house prices deterred potential buyers, sending shares down 4% after the bell. “While demand remains strong, persistently higher interest rates and inflation, combined with a downturn in consumer confidence and a limited supply of affordable homes, made it increasingly difficult for consumers …
Lennar posts lower quarterly profit on sustained market weakness Read More »
By Dawn Chmielewski (Reuters) – Disney shareholders rejected an investor proposal to withdraw participation in the Human Rights Campaign’s corporate equity index, which rates workplaces on lesbian, gay, bisexual, transgender and queer equality. Disney is among the highest-profile employers to revise some of its diversity and inclusion practices as the Trump administration cracks down on …
Disney investors reject a proposal to withdraw from HRC’s diversity index Read More »
By Laila Kearney NEW YORK (Reuters) – Energy regulators on Thursday approved the Southwest Power Pool to expand its territory and become the first regional U.S. grid to operate in both the western and eastern interconnections of the country’s electrical system, SPP said. WHY IT’S IMPORTANT SPP is one of seven regional transmission operators that …
Southwest US grid operator expanding into the west Read More »
By Andrew Goudsward and Jasper Ward WASHINGTON (Reuters) -U.S. Attorney General Pamela Bondi said on Thursday three people have been charged in connection with arson incidents at Tesla car dealerships and charging stations.The Justice Department said the individuals each face between five and 20 years in prison if convicted. “Let this be a warning: if …
Three charged in arson attacks at Tesla dealerships, charging stations Read More »
