Finance

P&G CEO says Trump tariffs are causing the company to hike prices on shoppers

P&G CEO says Trump tariffs are causing the company to hike prices on shoppers

The Trump administration’s tariff policy is causing Procter & Gamble (PG) to push through price hikes on shoppers to protect its profit margins. “It [tariffs] is inherently inflati...

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Why markets don’t seem to care about the fuzzy details of Trump’s trade deals

Why markets don’t seem to care about the fuzzy details of Trump’s trade deals

President Trump’s recent trade framework announcements have included sketchy initial details that can take days to fill in and sometimes are even contradicted by those on the other side of ...

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Corning forecasts upbeat quarterly core sales on AI-driven demand

Corning forecasts upbeat quarterly core sales on AI-driven demand

(Reuters) -Specialty glass maker Corning forecast third-quarter core sales above Wall Street estimates on Tuesday, led by artificial intelligence-driven demand for its optical connectivity produc...

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JetBlue posts smaller-than-expected loss as U.S. demand recovers

JetBlue posts smaller-than-expected loss as U.S. demand recovers

(Reuters) -JetBlue Airways on Tuesday posted an adjusted loss for the second quarter that was smaller than Wall Street expectations, helped by cost cutting measures and recovering demand for trav...

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P&G signals sluggish annual growth amid leadership change, tariffs

P&G signals sluggish annual growth amid leadership change, tariffs

(Reuters) -Procter & Gamble on Tuesday forecast annual results largely below Wall Street estimates in the face of cautious consumers, a day after the Tide parent named an insider as CEO to ste...

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Foxconn to suspend share trading on July 30 pending major announcement

Foxconn to suspend share trading on July 30 pending major announcement

TAIPEI (Reuters) -Foxconn, also known as Hon Hai Precision Industry, said it will suspend share trading on July 30 pending a major announcement. In Taiwan, companies typically halt trading ahead ...

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