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Senate Democrats raise concerns about IRS readiness for tax filing season
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Monday, October 6
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SRN News
Who is Bari Weiss, the iconoclastic new head of CBS News?
By Dawn Chmielewski LOS ANGELES (Reuters) -When Bari Weiss walks into CBS News as editor-in-chief, she’ll bring something the former home of Edward R. Murrow and Walter Cronkite has not seen in its nearly century-long history: a leader whose career has been built on challenging ...
Monday, October 6
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SRN News
JPMorgan names Hillery, Wiltz as EMEA co-CEOs, memo says
(Reuters) -JPMorgan Chase on Monday named Conor Hillery and Matthieu Wiltz as co-chief executive officers for Europe, the Middle East and Africa, according to an internal memo seen by Reuters. The move comes at a time when JPMorgan is deepening its focus in the ...
Monday, October 6
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SRN News
Bitcoin hovers near all-time high
NEW YORK (Reuters) -Bitcoin hovered near its record high on Monday as the world’s largest cryptocurrency by market value continued to benefit from strong demand from investors. The rally in bitcoin since the start of the year has been underpinned by flows from institutional investors, ...
Monday, October 6
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SRN News
US Treasury’s Bessent to remain as IRS commissioner, CNBC reports
(Reuters) -U.S. Treasury Secretary Scott Bessent will remain in his role as commissioner of the Internal Revenue Service, CNBC reported on Monday citing sources. Bessent is expected to announce that Frank Bisignano will serve in the newly created position of CEO at the IRS, CNBC ...
Monday, October 6
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SRN News
Chart Industries backs sale to Baker Hughes for $13.6 billion
(Reuters) -Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes. In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously agreed merger offer that Chart struck ...
Monday, October 6
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SRN News
Better policies, deeper markets help emerging economies weather shocks, says IMF
By Rodrigo Campos NEW YORK (Reuters) -Emerging market economies have become better at weathering major global economic shocks thanks to their credible inflation targeting, improved foreign exchange regimes and strong fiscal guardrails, a study by the International Monetary Fund showed. External shocks such as the fallout ...
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Monday, October 6
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SRN News
Trump says the US has secured $17 trillion in new investments. The real number is likely much less
WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new investments that Trump claims to have generated with his tariffs, income tax cuts and aggressive salesmanship of CEOs, financiers, tech titans, prime ...
Monday, October 6
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SRN News
Canada’s last hockey stick factory survives in face of tariff threats and globalization
BRANTFORD, Ontario (AP) — Wearing protective gloves and earplugs, a worker feeds lengths of wood into a machine that makes an earsplitting whine as it automatically cuts a groove into the end of each piece. Nearby, stacks of wooden wedges wait to be slotted ...
Monday, October 6
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SRN News
Pope Leo XIV is starting to correct some of Francis’ more problematic financial decisions
VATICAN CITY (AP) — Pope Leo XIV has begun correcting some of Pope Francis’ more questionable financial reforms and decisions, canceling a law Monday that had concentrated financial power in the Vatican bank. Leo completely abrogated the 2022 law that had decreed that management of ...
Monday, October 6
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SRN News
Boeing, Airbus dismiss talk of imminent new jet designs
By Tim Hepher PRAGUE (Reuters) -Executives from Boeing and Airbus dampened speculation of imminent decisions to replace their best-selling narrowbody models, telling a major audience of investors that it would take time to achieve the required jump in performance. The Wall Street Journal reported last Monday ...
Monday, October 6
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SRN News
Paris prosecutor’s office probing Siri, Apple’s voice assistant
PARIS (Reuters) -The Paris prosecutor’s office said on Monday it was investigating Siri, Apple’s voice assistant, after it received a complaint. Politico reported earlier on Monday that Apple is suspected of using users’ recordings without their knowledge.(Reporting by Gabriel Stargardter; Writing by Makini Brice) Brought ...
Monday, October 6
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SRN News
Tesla’s German car sales fall in September though wider EV sales jump
(Reuters) -Tesla’s sales volume in Germany fell by 9.4% in September, the German road traffic agency KBA said on Monday, although overall sales of battery electric vehicles rose by 31.9% year on year. Registrations of new Tesla cars had risen in parts of Europe in ...
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