06:39 AM EDT, 03/27/2025 (MT Newswires) -- CAVA Group ( CAVA ) will replace Altair Engineering ( ALTR ) in the S&P MidCap 400, effective prior to trading on March 31, S&P Global ( SPGI ) said Thursday. The indexing and market research firm said the change occurred because Siemens acquired Altair Engineering ( ALTR ) in a deal completed...

06:38 AM EDT, 03/27/2025 (MT Newswires) -- Auto manufacturers' shares fell early Thursday as US President Donald Trump imposed 25% tariffs on imports of automobiles and certain auto parts. Trump signed a proclamation late Wednesday to implement tariffs on imported passenger vehicles, including sedans and sport utility vehicles, as well as key auto parts such as engines, transmissions and electrical...

LONDON (Reuters) - Brazil's Secretary of Foreign Trade warned on Thursday that the global trade tensions being ratcheted up by Donald Trump's U.S. tariffs were likely to get worse before they get better. We didn't need to wake up to what happened last evening, Tatiana Prazeres said about Wednesday's move by Trump to impose a 25% tariff on all cars...

06:41 AM EDT, 03/27/2025 (MT Newswires) -- Car prices in the US are expected to increase by $5,000 to $10,000 on average amid the Trump administration's latest auto tariffs, Wedbush Securities said Wednesday. President Donald Trump has announced new tariffs on foreign-made cars, including a 25% tariff on all cars made outside the US, the brokerage said in a note...