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Month: April 2025

BlackRock boosts outlook for US stocks after tariffs pause

BlackRock boosts outlook for US stocks after tariffs pause

April 14, 2025

By Suzanne McGee (Reuters) – The BlackRock Investment Institute said on Monday that it is taking a modestly more bullish stance on U.S. stocks following

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Trump tariff pause leaves CEOs asking: What happens in 90 days?

Trump tariff pause leaves CEOs asking: What happens in 90 days?

April 10, 2025

By Fedja Grulovic, Patricia Weiss and Jaspreet Singh BELGRADE/FRANKFURT/LONDON (Reuters) – U.S. President Donald Trump’s sudden about-face on sweeping import tariffs did little to soothe

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Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost
Business

Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost

April 10, 2025

PARIS (Reuters) – French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S. duties upfront, company executives said,

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Goldman cuts US auto sales estimate by nearly 1 million units due to tariffs
Business

Goldman cuts US auto sales estimate by nearly 1 million units due to tariffs

April 10, 2025

(Reuters) – Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million units, as President

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US will no longer require green analyses on Western states’ oil, gas leases

US will no longer require green analyses on Western states’ oil, gas leases

April 10, 2025

By Timothy Gardner WASHINGTON (Reuters) -The Trump administration said on Thursday that it will no longer require environmental impact statements for oil and gas leases

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Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

April 9, 2025

WASHINGTON (Reuters) – President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming

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Wall Street bosses fear anti-American backlash as Trump’s trade war intensifies
Business

Wall Street bosses fear anti-American backlash as Trump’s trade war intensifies

April 9, 2025

By Lananh Nguyen and Sinead Cruise NEW YORK/LONDON (Reuters) – Wall Street bosses are girding for Europe to sideline American investment banks in response to

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Social Security abandons phone service cuts after backlash

Social Security abandons phone service cuts after backlash

April 9, 2025

By Nathan Layne (Reuters) – The U.S. Social Security Administration abandoned plans to end phone services for retirees that would have started on Monday, following

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Trump administration launches review of Defense Dept military procurement

Trump administration launches review of Defense Dept military procurement

April 9, 2025

(Reuters) – President Donald Trump on Wednesday signed an executive order that launched a review of procurement programs at the U.S. Department of Defense. The

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RTX’s Pratt & Whitney develops additive manufacturing to reduce engine repair time
Business

RTX’s Pratt & Whitney develops additive manufacturing to reduce engine repair time

April 8, 2025April 8, 2025

(Reuters) – RTX said on Tuesday its engine making subsidiary Pratt & Whitney has developed an additive manufacturing repair process for its geared turbofan (GTF)

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