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Illinois quick hits: DOJ sues over voters lists; CTA security surge
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Monday, November 10
by
SRN News
The Supreme Court is expected to say whether full SNAP food payments can resume
It's up to the U.S. Supreme Court and Congress to decide when full payments will resume under the SNAP food aid program that helps 1 in 8 Americans buy groceries as the financial pressures mount on families in some states. The Supreme Court is expected ...
Monday, November 10
by
SRN News
Boeing gets nod for moving 777X forward in certification, Air Current reports
(Reuters) -Boeing received approval last week from the U.S. Federal Aviation Administration to begin the third of five major phases of certification flight tests for its 777-9, the Air Current reported on Monday, citing people familiar with the program's progress. Reuters could not immediately verify ...
Monday, November 10
by
SRN News
Oil retreats on oversupply worries
(Reuters) -Oil prices dipped in early Asian trade on Tuesday, trimming gains from the previous session as oversupply concerns outweighed optimism over a potential resolution to the U.S. government shutdown. Brent crude futures fell 13 cents, or 0.2%, to $63.93 a barrel by 0100 ...
Monday, November 10
by
SRN News
Gold, stocks upbeat in anticipation of US shutdown deal
By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rose on Tuesday while gold and the Nasdaq were basking in their sharpest gains for months thanks to signs a deal to end the U.S. government shutdown was in the offing. Gold jumped nearly 3% overnight and was comfortably ...
Monday, November 10
by
SRN News
Safe haven yen under pressure as traders eye end to US shutdown
SINGAPORE (Reuters) -The safe-haven yen was pinned near its weakest levels for months on Tuesday while riskier currencies were firm against the dollar, as traders waited to see whether U.S. lawmakers could secure an end to the government shutdown in coming days. The euro was ...
Monday, November 10
by
SRN News
Natura swings to Q3 loss on weaker Brazil demand, integration challenges
SAO PAULO (Reuters) -Brazilian cosmetic maker Natura swung to a recurring net loss in the third quarter on Monday, hit by slowing consumer demand in its local market, as well as challenges in the firm's brand integration in Latin America. The company's net loss came ...
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Monday, November 10
by
SRN News
Honda’s bigger threat comes from China’s EV makers, not tariffs or chips
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Honda's downgrade to its full-year profit outlook underscores the immediate pressure from U.S. tariffs and global chip shortages - but the deeper, longer-term challenge lies in intensifying competition from Chinese electric vehicle makers. Japan's second-largest automaker cut its ...
Monday, November 10
by
SRN News
Trump says Rep. Marjorie Taylor Greene has ‘lost her way’ for criticizing his foreign policy focus
WASHINGTON (AP) - President Donald Trump on Monday said that key Republican ally Georgia Congresswoman Marjorie Taylor Greene had "lost her way" by saying that he's spending too much time on foreign affairs and should be more focused on inflation. The dispute reflects a fundamental ...
Monday, November 10
by
SRN News
Beyond Meat forecasts subdued quarterly sales as demand remains weak
(Reuters) -Beyond Meat posted a bigger quarterly loss and forecast fourth-quarter sales below Wall Street estimates on Monday, as the plant-based meat maker grappled with sluggish demand for its products. The highly shorted stock was down 8% in extended trading. The shares had soared more ...
Monday, November 10
by
SRN News
Occidental Petroleum beats quarterly profit estimates
(Reuters) -Occidental Petroleum beat Wall Street expectations for third quarter profit on Monday, as the U.S. shale producer benefited from higher production. U.S. oil and gas output rose to a record in August even as benchmark Brent crude fell more than 13% in the third ...
Monday, November 10
by
SRN News
Activist investor Biglari says ISS, others back move for changes at Cracker Barrel
(Reuters) -Cracker Barrel Old Country Store faced fresh pressure ahead of its annual meeting after Biglari Capital said on Monday that proxy advisory firms have urged shareholders to vote against some incumbent board nominees. The restaurant chain has witnessed a turbulent year, with its stock ...
Monday, November 10
by
SRN News
Paramount Skydance forecasts upbeat quarterly revenue in first report since merger
LOS ANGELES, CALIFORNIA (Reuters) -Paramount Skydance said it will make $1.5 billion in programming investments next year, as it forecast fourth-quarter revenue above Wall Street estimates, in its first quarterly results for the combined company since the completion of the $8.4 billion merger. Shares of ...
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