U.S. arms export boom under Obama seen continuing with Trump
WASHINGTON (Reuters) – U.S. defense contractors, which saw international sales rise strongly under President Barack Obama’s administration, can expect a continued boom in arms exports under Donald Trump, aided by persistent security risks in the Middle…
Wall Street jumps after Trump wins White House
NEW YORK (Reuters) – U.S. stocks rose sharply on Wednesday in a dramatic turnaround from deep overnight losses as Wall Street digested the upset presidential election victory of Republican Donald Trump.
Trump victory jolts automakers, lifts Caterpillar, railroads
(Reuters) – The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that depend on open trade with Mexico.
Trump victory clouds outlook for Time Warner-AT&T, other mergers
WASHINGTON/NEW YORK (Reuters) – U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T Inc’s purchase of Time Warner Inc , or act more like traditional business-friendly Republican administrations.
U.S. companies react cautiously to Trump victory
SAN FRANCISCO (Reuters) – U.S. companies reacted on Wednesday with caution to businessman Donald Trump’s victory in the U.S. presidential election and pointed to uncertainty over his lack of clear policy proposals.
Aerospace and defense industry welcomes Trump victory
SEATTLE (Reuters) – Aerospace companies and lobbying groups embraced Donald Trump’s presidential victory on Wednesday, setting aside fears that his policies would depress sales, shatter global alliances and roll back trade agreements.
Fed to proceed with December U.S. rate rise despite Trump upset: Reuters poll
(Reuters) – A stunning upset by Republican Donald Trump in the U.S. presidential election may have set off a few tremors in markets but the Federal Reserve is on course to raise interest rates next month, a Reuters poll of economists showed.
Big Oil revels in Trump victory, expects less red tape
(Reuters) – The U.S. energy industry on Wednesday reveled in Republican Donald Trump’s presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape that has held back billions of dollars of investment in n…
Atlanta Fed keeps U.S. fourth-quarter GDP growth view at 3.1 percent
NEW YORK (Reuters) – The U.S. economy is on track to grow at a 3.1 percent annualized pace in the fourth quarter following data on wholesale inventories in September, the Atlanta Federal Reserve’s GDP Now forecast model showed on Wednesday.
GM to lay off 2,000 workers at two U.S. plants due to slowing sales
(Reuters) – General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.
