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Netflix and Paramount are fighting over Warner Bros. Discovery. Here’s the regulatory outlook
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Friday, October 17
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SRN News
Rubio, Liberian minister discuss boosting US participation in Liberia’s critical minerals sector
(Reuters) -U.S. Secretary of State Marco Rubio discussed avenues for expanding U.S. participation in Liberia’s critical minerals sector in a meeting this week with Liberian Foreign Minister Sara Beysolow Nyanti, the State Department said on Friday. Rubio and Nyanti met in Washington on Thursday to ...
Friday, October 17
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SRN News
FAA allows Boeing to increase 737 Max production nearly two years after door plug flew off plane
The Federal Aviation Administration said Friday it will allow Boeing to produce more 737 Max airplanes by increasing the monthly limit of 38 that it imposed after a door plug flew off an Alaska Airlines jet that the company built. The aerospace giant can ...
Friday, October 17
by
SRN News
Trump offers US automakers additional relief from his tariffs
WASHINGTON (AP) — President Donald Trump is giving domestic automakers additional relief from tariffs on auto parts, extending what was supposed to have been a short-term rebate until 2030. It’s part of a proclamation Trump signed Friday that also made official a 25% import tax ...
Friday, October 17
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SRN News
News stories show that reporters may have left the Pentagon, but they haven’t stopped working
Two days after dozens of journalists left their desks at the Pentagon behind rather than agree to government-imposed rules on how they report about the U.S. military, it’s apparent they haven’t stopped working. Reporters have relied on sources to break and add nuance to stories ...
Friday, October 17
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SRN News
SPAC backed by Trump Jr., Omeed Malik files for $260 million US IPO
(Reuters) -Colombier Acquisition Corp. III, a blank-check firm backed by Omeed Malik, filed for an initial public offering in the United States on Friday. The Palm Beach, Florida-based company plans to offer 26 million shares priced at $10 each and is seeking to raise $260 ...
Friday, October 17
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SRN News
Aeroméxico seeks up to $2.9 billion valuation in US IPO
(Reuters) -Grupo Aeroméxico is targeting a valuation of up to $2.92 billion in its initial public offering in the U.S., the Mexican airline said on Friday. Mexico City-based Aeroméxico and some of its existing shareholders are seeking up to $234.5 million by offering 11.7 million ...
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Friday, October 17
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SRN News
California takes action against plastic bag makers over recycling claims
By Valerie Volcovici WASHINGTON (Reuters) -The state of California announced a lawsuit against three major plastic bag producers and reached a settlement with four other manufacturers on Friday after concluding an investigation into their false claims that these bags were recyclable. California Attorney General Rob Bonta ...
Friday, October 17
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SRN News
Exclusive-KKR-backed FiberCop files complaint with EU over alleged Italy’s aid to rival, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -KKR-backed telecom network firm FiberCop has filed a complaint with the European Commission, alleging that Italy provided state aid to rival Open Fiber in breach of EU competition rules, three sources with knowledge of the matter said. The ...
Friday, October 17
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SRN News
Exclusive-Activist HoldCo owns Eastern Bankshares stake, pushes for sale, sources say
By Svea Herbst-Bayliss BOSTON (Reuters) -Activist investor HoldCo Asset Management has built a sizable position in Eastern Bankshares and wants the storied Boston financial institution to put itself up for sale, instead of buying up other banks, according to people familiar with the matter and ...
Friday, October 17
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SRN News
China, US port fees disrupt cargo flows, push up rates
By Lisa Baertlein and Jeslyn Lerh LOS ANGELES/SINGAPORE (Reuters) -New fees imposed on port calls by China and the U.S. are reducing the number of cargo vessels available for moving goods and threatening to increase consumer costs in both countries, industry executives said. Ship operators have ...
Friday, October 17
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SRN News
Boeing can hike 737 MAX production to 42 planes per month, FAA says
WASHINGTON (Reuters) -Boeing can hike 737 MAX production to 42 planes per month after the Federal Aviation Administration lifted a 38 plane-per-month cap in place since January 2024, the agency and planemaker said on Friday. The FAA imposed the unprecedented production cap shortly after a ...
Friday, October 17
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SRN News
IMF chief hopes for US-China rare earths deal to avoid ‘material impact’ on global economy
WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Friday she was hoping for an agreement between the U.S. and China that avoids a cutoff in the flow of rare earths to the global economy, adding that such restrictions would have a ...
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