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Democrats see an opening to win the Miami mayor’s race in the latest test of the US political mood
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Tuesday, April 29
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SRN News
Turkey and Italy strengthen ties with trade and defense agreements
ROME (AP) — Turkish President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni on Tuesday observed the formal exchange of a dozen cooperation agreements, including on defense, as part of efforts to strengthen ties between the two Mediterranean nations. Erdogan was in Rome to ...
Tuesday, April 29
by
SRN News
Major companies face a difficult task in estimating the impact of tariffs on their business
NEW YORK (AP) — Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s tariffs are impacting their business as they discuss the latest financial results. Some are making their best estimate based on ...
Tuesday, April 29
by
SRN News
More than 50,000 Los Angeles County workers take to picket lines for 2-day strike
LOS ANGELES (AP) — More than 50,000 Los Angeles County workers were on strike again Tuesday, closing libraries and disrupting administrative operations across the nation’s most populous county. The two-day walkout that began Monday followed failed negotiations with the county for a new contract after ...
Tuesday, April 29
by
SRN News
Citigroup’s shareholders approve 2024 pay for CEO, executives, new shares for grants
By Tatiana Bautzer and Niket Nishant NEW YORK (Reuters) -A large majority of Citigroup shareholders has approved CEO’s Jane Fraser’s 33% pay increase to $34.5 million at a virtual annual meeting held on Tuesday, as well as the compensation for other senior executives. During ...
Tuesday, April 29
by
SRN News
Wells Fargo to buy back up to $40 billion of its common stock
(Reuters) -Wells Fargo said on Tuesday that its board had authorized a stock buyback program of up to $40 billion. The new plan will take effect upon the completion of the current repurchase program, it said.(Reporting by Jaiveer Singh Shekhawat in Bengaluru; ...
Tuesday, April 29
by
SRN News
US job openings fall to 7.2 million in March, the lowest level since September
WASHINGTON (AP) — Job openings in the United States fell in March as President Donald Trump’s trade wars clouded the economic outlook. U.S. employers posted 7.2 million vacancies in March, down from 7.5 million in February and 8.1 million in March 2024. It was the ...
Tuesday, April 29
by
SRN News
US consumer confidence plunges to lowest in 5 years on tariff worries
WASHINGTON (AP) — Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COIVD-19 pandemic as anxiety over the impact of tariffs take a heavy toll on consumer expectations for future growth. The Conference ...
Tuesday, April 29
by
SRN News
Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories
WASHINGTON (AP) — President Donald Trump will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have ...
Tuesday, April 29
by
SRN News
White House denounces Amazon for plan to disclose cost of US tariffs
WASHINGTON (Reuters) – The White House on Tuesday denounced Amazon’s reported plans to disclose the cost that U.S. tariffs imposed by President Donald Trump were adding to its products, and slammed the retail giant for its past ties to China. White House press secretary Karoline ...
Tuesday, April 29
by
SRN News
Exclusive-China waives tariffs on US ethane imports, sources say
SINGAPORE (Reuters) -China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday. The move will ease pressure on Chinese firms that import U.S. ethane for petrochemical production as ...
Tuesday, April 29
by
ABC News
Trump to ease tariffs faced by US automakers
(WASHINGTON) -- President Donald Trump is set to provide tariff relief for carmakers on Tuesday, just weeks after the onset of auto levies triggered warnings of price increases.An administration official confirmed that the 25% tariff on finished foreign-made cars and parts will remain -- ...
Tuesday, April 29
by
SRN News
Danish king arrives in Greenland as Trump eyes strategic Arctic island
NUUK, Greenland (AP) — King Frederik X of Denmark arrived in Greenland on Tuesday, kicking off a visit to the semiautonomous territory that U.S. President Donald Trump wants to annex because of its strategic Arctic location. Frederik’s trip to the island’s capital city of Nuuk ...
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