Exclusive-Aerospace industry scrambles to deal with fallout from huge US factory fire

By Allison Lampert and Tim Hepher (Reuters) – Boeing and other top aerospace firms are scouring their supply chains to determine their exposure to a major fire last week at a Philadelphia-area parts factory that has set off alarm bells across the industry, people familiar with the matter said. The days-long fire at SPS Technologies’…

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UK’s Starmer, Trump to work on economic deal with AI at its core

WASHINGTON (Reuters) – British Prime Minister Keir Starmer said on Thursday that he would work with U.S. President Donald Trump on a new economic deal with advanced technology such as artificial intelligence at its core. “Instead of over regulating these new technologies, we’re seizing the opportunities that they offer. So we’ve decided today to go…

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Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss

(Reuters) – Beyond Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation. Beyond Meat has been losing steam it garnered a couple of years ago as consumers began shifting to fresh and lower-priced animal meat alternatives over its processed vegan meat. Its total…

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EBay forecasts quarterly revenue below expectations on weak demand

(Reuters) – E-commerce firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector’s items and refurbished goods, sending its shares down 7% in extended trading. High interest rates and persistent inflation have hampered U.S. consumer spending for two years, leading to sluggish demand for non-essential items…

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Paramount Global misses quarterly revenue estimates on continued cable TV declines

(Reuters) -Paramount Global fell short of Wall Street’s fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-expected subscriber growth for its Paramount+ streaming platform.  Shares of the company fell 1.5% in extended trading. Media giants are reshaping their business strategies in response to the continued erosion of cable…

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Nvidia forecasts first-quarter revenue above estimates, new chip weighs on margins

By Max A. Cherney and Arsheeya Bajwa (Reuters) -Nvidia forecast first-quarter revenue above Wall Street estimates on Wednesday, signaling strong demand for its market-leading artificial intelligence chips and said demand for its new Blackwell semiconductors was “amazing.” The company’s outlook for gross margin in the current quarter was slightly lower than expected, though, as the…

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Trump approval rating holds steady at 44%, Reuters/Ipsos poll finds

WASHINGTON – U.S. President Donald Trump’s approval rating held steady over the past week, according to a Reuters/Ipsos poll released on Tuesday that found 44% of respondents approved of his performance over his first month in office. The survey found that Americans’ attitudes toward Trump were essentially unchanged as he fired tens of thousands of…

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