Edition:
United States

Aishwarya Venugopal

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Apr 25 2018

PayPal quarterly profit beats estimates, shares rise

PayPal Holdings Inc on Wednesday reported first-quarter profit that beat Wall Street estimates as the payment processor benefited from higher volumes of mobile payments and strong merchant services business.

Apr 24 2018

Supervalu to sell eight U.S. distribution centers after activist pressure

U.S. supermarket operator Supervalu Inc said on Tuesday it would sell eight of its distribution centers to an undisclosed buyer for about $483 million following pressure from activist shareholders, sending its shares up 3.5 percent.

Apr 19 2018

Mattel names former Maker Studios executive as CEO after Georgiadis quits

Mattel Inc said on Thursday that board member and digital media executive Ynon Kreiz will replace Chief Executive Margaret Georgiadis, who is stepping down after only 14 months at the helm of the maker of Hot Wheels and Barbie dolls.

Mar 26 2018

Home improvement chain Lowe's CEO to retire, shares rise

Lowe's Cos Inc on Monday said its chief executive officer is retiring, the latest executive departure as the home improvement chain tries to move out of the shadow of larger rival Home Depot Inc that has outperformed it for years.

Mar 22 2018

Conagra mitigates inflation hit with fewer discounts, cost control

Conagra Brands Inc reported third-quarter profit above market estimates and raised its full-year profit forecast as the maker of Swiss Miss cocoa countered higher commodities and freight costs by cutting back on discounts and other expenses.

Mar 20 2018

Starboard nominees to Newell board withdraw after Icahn move

Activist hedge fund Starboard Value LP said on Tuesday four of its nominees to Newell Brands Inc's board withdrew, a day after the consumer products maker handed board seats to billionaire investor Carl Icahn.

Mar 19 2018

Newell Brands cuts board deal with Icahn, snubbing Starboard

Newell Brands Inc said on Monday it has agreed to appoint four directors to its board put forward by billionaire investor Carl Icahn, a deal that excludes activist hedge fund Starboard Value LP, which had mounted its own board challenge.

Mar 16 2018

Tiffany's misses on same-store sales, forecast disappoints

Jeweler Tiffany & Co missed analysts' estimates for same-store sales in the fourth quarter and forecast a tepid full-year profit, indicating that its efforts to turn its business around are still gaining traction. | Video

Mar 07 2018

Strong demand for Abercrombie brands boosts holiday quarter sales

Abercrombie & Fitch Co beat expectations for holiday quarter comparable sales, driven by demand for its Hollister and Abercrombie brands as well as investments in online operations, sending its shares up 14 percent.

Mar 02 2018

J.C. Penney sees year profit largely below Wall Street, shares dive

J.C. Penney Co Inc forecast broadly lower-than-expected full-year profit on Friday as the department store operator grapples with weak demand for its clothes and fierce online competition, sending its stock down 10 percent.

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