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…
(Reuters) -U.S. President Donald Trump’s lavish welcome of Crown Prince Mohammed bin Salman to Washington this week, touted by many as rehabilitation of human rights record of Saudi Arabia’s de facto ruler, has been followed by the kingdom ramping up its planned U.S. investments to $1 trillion. The move marks a remarkable increase from the…
By Zaheer Kachwala (Reuters) -Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop maker looks to strengthen its marketing tools and attract brands with generative artificial intelligence products. The company will pay $12 per share in cash for Semrush, representing a premium of around 77.5% to its…
Smart Crypto Investors Never Use Coinbase (Where They Buy Instead) Today’s Breaking News ⏳ THIS blockbuster drug could be targeted by RFK Jr.? [sponsor] L3Harris to invest $400 million to expand solid rocket motor production in Arkansas The new 110-acre campus at Camden, Arkansas will feature more than 20 buildings and expand manufacturing capacity of large…
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 Lisandra Paraguassu and Kate Abnett BELEM, Brazil (Reuters) -Brazil failed to land an early COP30 climate deal on Wednesday, though President Luiz Inacio Lula da Silva remained upbeat about the prospects of progress in the last two days of the summit despite differences between nations on key issues. The Brazilian hosts of the two-week…
By Ed White WINNIPEG, MANITOBA (Reuters) -The Canadian Football League is fighting fan unhappiness over upcoming rule changes that traditionalists say betray the Canadian version’s proud differences from the better-known U.S. game, ahead of the championship game on Sunday. The CFL presented the upcoming rule changes for 2026 and 2027 in September. They reduce the…
