Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins
By Harshita Mary Varghese and Marie Mannes May 7 (Reuters) - Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pressure and U.S. tariffs offset stronger sales, sending its...
Thomson Reuters May 07, 2026
McDonald’s flags slower Q2 sales growth as gas prices weigh on low‑income diners
By Savyata Mishra May 7 (Reuters) - McDonald's executives on Thursday flagged a softer start to the second-quarter citing persistent pressure on lower-income consumers from higher fuel prices, as the ...
Thomson Reuters May 07, 2026
Exclusive-Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz
By Florence Tan and Jonathan Saul SINGAPORE/LONDON, May 7 (Reuters) - With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several t...
Thomson Reuters May 07, 2026
Morning Bid: Chip frenzy goes global
By Mike Dolan May 7 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chip boom goes on, with Asia seeing rolling catchups to this week'...
Thomson Reuters May 07, 2026
Tapestry raises annual targets on strong demand for Tabby bags
By Anuja Bharat Mistry May 7 (Reuters) - Coach parent Tapestry on Thursday raised its annual forecasts for a third time, banking on resilient demand from younger shoppers for its sought-after Tabby ha...
Thomson Reuters May 07, 2026
Canadian dollar forecasts more bullish as geopolitical risk ebbs: Reuters poll
By Fergal Smith TORONTO, May 7 (Reuters) - The Canadian dollar is expected to give back some recent gains against its U.S. counterpart in the coming months, but could resume its uptrend if economic un...
Thomson Reuters May 07, 2026
Doordash shares jump after strong quarterly forecast on food, grocery delivery demand
May 7 (Reuters) - Doordash shares jumped 11% in premarket trading on Thursday, as demand for its food and grocery services helped the company forecast strong total order value for the second quarter d...
Thomson Reuters May 07, 2026
S&P 500, Nasdaq futures touch record highs as oil extends losses
By Sruthi Shankar and Utkarsh Hathi May 7 (Reuters) - S&P 500 and Nasdaq futures traded near all-time highs on Thursday as oil prices slid further on hopes of a U.S.-Iran peace deal that could potenti...
Thomson Reuters May 07, 2026
Moody's sees South Africa debt stabilizing as reforms boost outlook
By Colleen Goko JOHANNESBURG, May 7 - South Africa's improving fiscal performance and reform momentum should help government debt stabilise this year before gradually declining, Moody's Ratings said i...
Thomson Reuters May 07, 2026
Wall Street bonuses seen flat to slightly positive in 2026 as Iran war and private credit turmoil hurt
By Saeed Azhar NEW YORK, May 7 (Reuters) - Wall Street bonuses are likely to be flat to slightly positive in 2026, as geopolitical tensions due to the Iran war and the private credit turmoil could slo...
Thomson Reuters May 07, 2026




