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United States

Uday Sampath Kumar

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 22 2018

Bargain-hungry shoppers help TJX beat sales forecasts

TJX Cos Inc attracted more bargain hunters in the first quarter, helping the off-price apparel retailer report same-store sales above Wall Street expectations and sending its shares to a record high on Tuesday.

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 16 2018

Toys 'R' Us demise could spur merger boom in U.S. toy market

The U.S. toy industry looks set for a flurry of mergers and acquisitions between smaller toy makers in the aftermath of the Toys 'R' Us bankruptcy, as they seek more scope and negotiating power with big box retailers Target and Walmart .

May 01 2018

Under Armour forecasts bigger loss as global expansion costs weigh

Under Armour Inc on Tuesday forecast a bigger-than-expected loss for the second quarter, taking the shine off first-quarter sales that topped Wall Street estimates, as the sportswear maker spends heavily on an overseas expansion.

Mar 28 2018

Walgreens retail sales decline overshadows pharmacy business strength

Walgreens Boots Alliance Inc's quarterly profit and sales beat analysts' estimates on Wednesday helped by higher prescription volumes, but concerns surrounding its retail business played on investors' minds. | Video

Mar 22 2018

Ackman exits Nike stake with $100 million in profit: source

Investor William Ackman has stepped out of his Nike sneakers, at least in a financial sense.

Mar 22 2018

Ackman exits Nike stake with $100 million in profit - source

Investor William Ackman has stepped out of his Nike sneakers, at least in a financial sense.

Mar 22 2018

General Mills stock drop an untimely twist for Blue Buffalo deal

If Wednesday's 9 percent drop in General Mills Inc shares weren't hard enough for the cereal maker's shareholders to stomach, they may soon have another bitter pill to swallow as the company closes its purchase of pet food maker Blue Buffalo.

Mar 21 2018

General Mills cuts profit forecast as freight, commodity costs weigh

Cheerios cereal maker General Mills Inc said a sharper-than-expected increase in freight and commodity costs would hurt full-year profit to a greater degree than it forecast just a month ago, driving its shares down more than 10 percent on Wednesday.

Mar 15 2018

Dollar General's strong same-store sales suggest revamp paying off

Dollar General Inc reported strong quarterly same-store sales and gave an upbeat profit forecast for 2018, suggesting that efforts to stock a wider variety of products and remodel stores were paying off.

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