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China trade spat threatens Wisconsin’s ‘Napa Valley’ of ginseng 

By Julie Ingwersen WAUSAU, Wisconsin (Reuters) -The cool woodlands of central Wisconsin boast soils packed with Ice Age mineral deposits that make the area perfect for the cultivation of ginseng, a medicinal root that has been exported to Asia for more than 300 years. Sliced and ...
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Hedge funds now manage record of almost $5 trillion, says HFR

By Nell Mackenzie LONDON (Reuters) -Global hedge fund capital rose to a record of almost $5 trillion in the third quarter and the number of hedge funds is at a decade peak, reflecting an influx of new money into the sector, a report by Hedge ...
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Union Pacific reports 7% higher profits as its CEO makes the case for Norfolk Southern merger

OMAHA, Neb. (AP) — Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals. The Omaha, Nebraska-based railroad said it earned $1.79 billion, or $3.01 ...
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Where the jewels stolen from the Louvre Museum might end up

NEW YORK (AP) — Just days after a stunning heist at the Louvre Museum in Paris, speculation is growing around where the lavish, stolen jewels that once adorned France’s royals might end up. A handful of experts warn that the artifacts valued at more than ...
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Broadway musicians reach tentative labor deal, averting a strike

NEW YORK (AP) — The union representing Broadway’s musicians reached a tentative labor agreement with commercial producers on Thursday, averting a potentially crippling strike that would have silenced nearly two dozen musicals. The American Federation of Musicians Local 802 — which represents 1,200 musicians — ...
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Wedding etiquette includes being mindful of how much it costs guests to attend

NEW YORK (AP) — Weddings are meant to be celebrations of love. They also may require invited guests to make a financial commitment that brings them stress. Whether it’s paying for hotels and flights to attend a destination wedding or different outfits and gifts ...
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JP Morgan sees gold averaging $5,055/oz by late 2026

(Reuters) -JP Morgan on Thursday forecast gold prices could reach an average of $5,055/oz by the fourth quarter of 2026, based on assumptions that investor demand and central bank buying will average around 566 tonnes per quarter next year. “With gold being our highest ...
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Unilever CEO says US government shutdown has not dented consumer sentiment

By Yadarisa Shabong and Alexander Marrow (Reuters) -Unilever has not seen a significant impact on consumer sentiment so far from the government shutdown in its key U.S. market, the CEO of the consumer goods company said on Thursday. The shutdown is entering its fourth week ...
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Railroad operator Union Pacific’s quarterly profit rises

(Reuters) -Union Pacific reported a 9% rise in third-quarter profit on Thursday, powered by strong pricing.The West Coast railroad operator’s quarterly net income rose to $1.8 billion, or $3.01 per share, from $1.7 billion, or $2.75 per share, a year earlier. Union Pacific said the ...
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T-Mobile lifts annual forecast as subscriber gains top estimates on iPhone upgrades

By Harshita Mary Varghese (Reuters) -T-Mobile said on Thursday it added 1 million wireless subscribers who pay a monthly bill in the third quarter that also topped estimates and raised its annual forecast, powered by iPhone upgrades and premium plans that drew users from rivals. Shares ...
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Oil futures return to structure signalling tight supply on Russia sanctions

By Seher Dareen LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market in the near term, erasing earlier signs of a fear ...
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Battery recycling firm Redwood raises $350 million from Eclipse Ventures, Nvidia

(Reuters) -Battery recycling firm Redwood Materials said on Thursday it has closed a $350 million funding round led by venture capital firm Eclipse Ventures, with participation from new investors including Nvidia’s investment arm, NVentures. The fundraise for Redwood comes at a time when boosting domestic ...
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