Edition:
United States

Nivedita Balu

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

May 24 2018

Gap stumbles as namesake brand's struggles continue

Apparel retailer Gap Inc reported quarterly same-store sales on Thursday that missed analysts' estimates as its namesake brand struggled to clear excess inventory in a quarter marred by an unusually long winter.

May 22 2018

J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink

J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc , the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.

May 18 2018

Campbell Soup CEO quits; company cuts forecast, to review portfolio

Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, as the company issued a bleak forecast for the year and said it would embark on a review of its many brands. | Video

Apr 26 2018

Pepsi tops estimates, promises more investments in North America

PepsiCo Inc reported better-than-expected quarterly revenue on Thursday as double-digit growth in developing markets offset another quarter of weak results in its North American beverage unit. | Video

Apr 24 2018

Coke warns of pain from UK sugar tax, U.S. freight costs

Coca-Cola Co said on Tuesday it would take a hit in the second quarter from the introduction of a British sugar tax on soft drinks and rising freight costs in the United States, overshadowing modestly better than forecast results for the first three months of 2018. | Video

Apr 23 2018

Hasbro blames Toys 'R' Us for poor first quarter

Hasbro Inc reported worse than expected results for the first quarter on Monday, blaming the bankruptcy of Toys 'R' Us for a slide in revenue but also promising the worst would be over in the first half of 2018. | Video

Mar 30 2018

Under Armour says 150 million MyFitnessPal accounts breached

Under Armour Inc said on Thursday that data from some 150 million MyFitnessPal diet and fitness app accounts was compromised in February, in one of the biggest hacks in history, sending shares of the athletic apparel maker down 3 percent in after-hours trade.

Mar 22 2018

Nike forecasts reversal in North America sales decline, tops estimates

Nike Inc on Thursday signaled an end to revenue declines in North America as the world's largest footwear maker reaps the benefits of its efforts to sell directly to customers and focus on new launches.

Mar 08 2018

Kroger's cost of fighting Amazon saps profit, shares dive

Kroger Co forecast full-year profit below Wall Street's estimates on Thursday as its investments to fend off Walmart Inc and Amazon.com Inc squeeze the grocer's margins, sending its shares tumbling almost 13 percent. | Video

Mar 07 2018

Dollar Tree same-store sales, forecast disappoint; shares fall

Discount store operator Dollar Tree Inc on Wednesday reported disappointing holiday-quarter sales and issued a full-year profit forecast that was below expectations, as it spends more, sending its shares down as much as 16 percent.

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