WASHINGTON (Reuters) -The U.S. Bureau of Labor Statistics said on Friday it had canceled the release of October’s consumer price report because the recently ended government shutdown had prevented the collection of data. “BLS is unable to retroactively collect these data. For a few indexes, BLS uses nonsurvey data sources instead of survey data to…
By Dawn Chmielewski and Chris Sanders (Reuters) -Paramount Skydance, Comcast and Netflix are bidding to buy Warner Bros Discovery, Reuters reported on Thursday, but each company’s bid faces its own political and regulatory risks. Factors to watch include market share imbalances each bidder could bring, investors and public comments by U.S. President Donald Trump or his…
By Nora Eckert DETROIT (Reuters) -Ford Motor on Friday stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis’ New York plant. Ford’s stock rose about 4% during Friday’s session, extending gains after the automaker reaffirmed the outlook it had already…
By Tom Balmforth and Anastasiia Malenko LONDON/KYIV (Reuters) -The U.S. has signalled to President Volodymyr Zelenskiy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyiv giving up territory and some weapons, two people familiar with the matter said on Wednesday. The sources, who asked not to be identified…
(Reuters) -British boot brand Dr Martens warned on Thursday its full-year results would be hit by U.S. import tariffs, sending its shares down as much as 11% despite assurances that it would absorb the costs fully from the year after. The company, known for its chunky lace-up boots, said it expected to manage around half…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The likelihood of bitcoin ending the year below $90,000 has risen to 50%, according to online options platform Derive.xyz, as traders ramped up hedging against more declines in the world’s largest cryptocurrency. On the other hand, the options market has assigned just a 30% chance of bitcoin finishing 2025…
(Reuters) -Defense supplier L3Harris Technologies said on Tuesday it will invest $400 million in a new solid rocket motor production campus in Arkansas, marking one of the largest such expansions in the U.S. in decades. The new 110-acre campus at Camden, Arkansas will feature more than 20 buildings and expand manufacturing capacity of large solid…
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast quarterly revenue well above Wall Street estimates on Wednesday and CEO Jensen Huang touted blockbuster demand for its AI chips from giant cloud providers. Shares of the AI market bellwether jumped 5% in extended trading, setting up the company to add $220 billion in market value….
(Corrects spelling of Nicolas Jaquier in paragraph 9 of Nov 17 story with no other changes to text) By Karin Strohecker and Rodrigo Campos LONDON/NEW YORK (Reuters) -Chile’s peso and stocks strengthened, while bond yields ticked lower, as analysts viewed the first-round vote in Chile’s presidential election as potentially paving the way for more market-friendly…
TOKYO (Reuters) -Japan’s core consumer inflation probably accelerated in October for the second straight month, a Reuters poll showed on Friday, as smaller energy subsidies compared with a year earlier pushed up utility costs, while food price gains moderated. The nationwide core consumer price index (CPI), which includes energy items but excludes fresh food prices, was…
