IKEA ready for potential tariffs under Trump, CFO says
By Helen Reid LONDON (Reuters) – IKEA has learned from recent supply chain disruptions and is well prepared for potential trade barriers, the owner of
Wall Street drafts Trump wish lists over bank capital, SEC regulation
By Pete Schroeder and Chris Prentice WASHINGTON/NEW YORK (Reuters) – The banking and finance industries are rapidly drawing up wish lists for lighter regulation under
US military ready to carry out lawful orders of next Trump administration, avoid politics, Pentagon chief says
By Idrees Ali and Phil Stewart WASHINGTON (Reuters) – U.S. Defense Secretary Lloyd Austin told troops in a memo released on Thursday that the Pentagon
Moderna reports surprise profit on higher-than-expected COVID vaccine sales
By Patrick Wingrove (Reuters) -Moderna reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of its COVID-19 vaccine, even with
Fed set to cut rates as Trump’s victory reshapes economic outlook
By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the
Datadog raises annual forecast betting on AI-driven cybersecurity demand
(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for its AI-backed cybersecurity products. Shares
Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst
(Reuters) -Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual
European clean energy stocks tumble as Trump wins US presidency
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as
US suppliers, importers prepare for promised Trump tariffs
By Lisa Baertlein and David Kirton LOS ANGELES (Reuters) – Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump’s promise
Trump’s economic plan hinges on tax cuts, tariffs, immigration crackdown
WASHINGTON (Reuters) – U.S. President-elect Donald Trump will retake the White House with ambitious plans for broad import tariffs, immigration restrictions and additional tax cuts