The company is also making supply chain moves to become more compliant with the U.S.-Mexico-Canada agreement and reduce its manufacturing footprint in China.
Britain's Tesco has no plans to source American beef
Tesco, Britain's biggest supermarket group, has no plans to source American beef despite last week's U.S.-UK trade deal giving the product access to the UK market. "We source 100% Irish and British beef in Tesco and for the foreseeable future that policy will be the same, we're not planning to change it," Tesco CEO Ken Murphy told Reuters on the sidelines of the World Retail Congress. As market leader, Tesco has a 28% share of Britain's grocery market.
Exclusive: Two decades in, DFJ Growth raises $1.2 billion for its fifth fund and doubles down on the long game
DFJ Growth—backers of Coinbase, Twitter, and Ring—raised $1.2 billion for its fifth fund, Fortune can exclusively report.
FLS Q1 Earnings Call: Pricing Actions and Supply Chain Initiatives Drive Outperformance Amid Tariff Uncertainty
Flow control equipment manufacturer Flowserve (NYSE:FLS) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 5.2% year on year to $1.14 billion. Its non-GAAP profit of $0.72 per share was 19.6% above analysts’ consensus estimates.
Crypto Daybook Americas: Bitcoin Traders Look to CPI as BONK Cheers Memecoin Issuance
Your day-ahead look for May 13, 2025
Here's Why You Should Add UGI Stock to Your Portfolio Right Now
UGI makes a strong case for investment, given its earnings growth prospects, debt position, capability to increase shareholders' value and strong ROE.
Zacks.com featured highlights Avino Silver & Gold Mines, Pagaya, EverQuote and Sezzle
Avino Silver & Gold Mines, Pagaya, EverQuote and Sezzle have been highlighted in this Screen of The Week article.
Robinhood woos Canadian crypto users with nearly $180 million WonderFi purchase
The crypto industry, which is staging a comeback under U.S. President Donald Trump, has seen a flurry of tie-ups in 2025, including Coinbase's $2.9 billion purchase of Deribit and Ripple's $1.25 billion acquisition of prime brokerage firm Hidden Road. Robinhood had struck a $200 million deal for crypto exchange Bitstamp last year. WonderFi's brands include crypto exchanges Bitbuy and Coinsquare.
Canadian water tech non-profit expands to the US amid trade tensions
State and local leaders hope AquaAction's new US headquarters will lead to enhanced collaboration with the Canadian non-profit.
Coinbase shares jump on addition to S&P 500 index in watershed for crypto market
Coinbase Global's shares jumped nearly 15% on Tuesday after the cryptocurrency exchange became the first digital asset player to be included in the benchmark S&P 500 index. With surging institutional interest, crypto has rapidly moved into the mainstream, especially after President Donald Trump promised a lighter regulatory touch. "We believe S&P 500 inclusion will benefit Coinbase for a while as institutional investors take time to prepare to get into the stock," Oppenheimer analysts noted after raising price target to $293.