Edition:
United States

Sanjana Shivdas

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

Jun 05 2018

Navistar's margin worries cloud upbeat revenue forecast

Truck maker Navistar International Corp warned its profit margins for the year would be hit by weakness in its more profitable auto parts business and high freight costs, taking the shine off its upbeat forecast.

May 31 2018

SoftBank joins GM in self-driving car race; GM shares soar

Japan's SoftBank Group Corp will invest $2.25 billion in General Motors Co's autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker's leadership in self-driving cars and sent GM shares up nearly 13 percent. | Video

May 22 2018

Toll Brothers' misses profit view on delays in California, rising costs

U.S. luxury homebuilder Toll Brothers Inc's second-quarter profit missed Wall Street estimates on Tuesday, as delayed closings in California and rising costs put pressure on its adjusted gross margins, sending its shares down 7.1 percent.

May 22 2018

LaSalle Hotel accepts Blackstone's $3.7 billion cash offer

(This story corrects paragraph 9 to remove wrong reference to La Salle owning 'W' Los Angeles in May 21 story.)

May 09 2018

U.S. safety board probes fatal Tesla accident in Florida

The U.S. National Transportation Safety Board said on Wednesday it will investigate a Tesla accident in Fort Lauderdale, Florida this week that killed two teenagers and injured another - the agency's fourth active probe into crashes of the company's electric vehicles.

Apr 30 2018

Metals maker Arconic slashes forecasts, shares slide

Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free cash flow on expectations that the price of the metal would remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.

Apr 26 2018

Union Pacific warns on operating ratio, shares slip

Union Pacific Corp warned on Thursday it was unlikely to achieve its targets for a key efficiency measure by 2019 due to congestion on its rail network, knocking down shares of the No. 1 U.S. railroad by as much as 7 percent.

Apr 25 2018

General Dynamics' jet delivery delay hurts profit beat

General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday, with sales of tanks and weapons systems lifted by greater U.S. defense spending, even as overall sales figures were dented by fewer corporate jets deliveries.

Feb 22 2018

Ford reshuffles executives after abrupt departure of U.S. chief

Ford Motor Co on Thursday named company insider Kumar Galhotra as head of its North American operations, filling the gap left by the abrupt departure of Raj Nair after an internal investigation uncovered "inappropriate behavior" by the executive.

Feb 15 2018

Wyndham to sell European vacation rental business for $1.3 billion

Wyndham Worldwide Corp will sell its European vacation rental business to private equity firm Platinum Equity for about $1.3 billion, the U.S. hotelier said on Thursday, ending a six- month long review process for the business.

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