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US regulators approve Wegovy pill for weight loss
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Monday, September 29
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SRN News
Airlines warn US government shutdown may slow flights
By David Shepardson WASHINGTON (Reuters) -U.S. airlines warned on Monday that a partial federal government shutdown could strain American aviation and slow flights, as air traffic controllers and security officers would be forced to work without pay and other functions would be halted. Airline trade group ...
Monday, September 29
by
SRN News
Analysis-South Korea’s booming used car exports cushion impact of US tariffs
By Ju-min Park INCHEON, South Korea (Reuters) -From the muddy grounds of a former amusement park on South Korea’s coast, tens of thousands of vehicles are being packed for shipment overseas as booming used car exports help to mitigate the impact of U.S. tariffs on ...
Monday, September 29
by
SRN News
Jefferies’ quarterly profit beats estimate on record advisory fees, dealmaking rebound
By Prakhar Srivastava and Lananh Nguyen (Reuters) -Jefferies beat third-quarter profit estimates on Monday, as record advisory fees and a rebound in dealmaking gave investors an early read on how Wall Street’s investment-banking business may perform this earnings season. Despite a short pause in April as ...
Monday, September 29
by
SRN News
How Electronic Arts’ $55 billion go-private deal could impact the video game industry
NEW YORK (AP) — In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion. Beyond the potentially record-breaking price tag, the deal could bring wider shifts in ...
Monday, September 29
by
SRN News
Journalists fighting back against Pentagon reporting restrictions
Journalists who cover the Pentagon and the Trump admnistration are in a standoff about new rules that limit the access of the media to most areas within the Pentagon and appear to condition overall entry to the building on an agreement to restrictions in ...
Monday, September 29
by
SRN News
NY Fed official flags strong liquidity ahead of potentially choppy quarter end
By Michael S. Derby (Reuters) -A day ahead of what is expected to be very volatile conditions in money markets, a top Federal Reserve Bank of New York official said on Monday that markets are still flush with liquidity, central bank tools are in place ...
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Monday, September 29
by
SRN News
CenterPoint unveils $65 billion capital spending plan over next 10 years
(Reuters) -U.S. electric and gas utility CenterPoint Energy on Monday announced it was planning $65 billion in capital spending from 2026 through 2035. As AI data centers and the electrification of industries such as transportation drive up U.S. electricity consumption, utilities are increasing plans to ...
Monday, September 29
by
SRN News
Trading Day: US shutdown deadline is nigh
By Lewis Krauskopf (Reuters) -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what’s happening in markets. The spectre of a U.S. government ...
Monday, September 29
by
SRN News
S&P 500, Nasdaq climb as investors brush off government shutdown uncertainties
By Sinéad Carew and Niket Nishant (Reuters) -The Nasdaq composite and S&P 500 closed modestly higher on Monday as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from a Federal Reserve official. The technology ...
Monday, September 29
by
SRN News
Analysis-Wall Street left in the dark on US data if shutdown happens
By Laura Matthews, Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) -Wall Street is preparing for disruption to economic data if a looming U.S. government shutdown goes ahead, which could cause investors to rely more on alternative data or take on more defensive positions as ...
Monday, September 29
by
SRN News
Trump administration opens more land for coal mining, offers $625M to boost coal-fired power plants
WASHINGTON (AP) — The Trump administration said Monday it will open 13 million acres of federal lands for coal mining and provide $625 million to recommission or modernize coal-fired power plants as President Donald Trump continues his efforts to reverse the year-long decline in ...
Monday, September 29
by
SRN News
Silvia Fenturini Fendi gives up creative control of family’s fashion house after centennial show
MILAN (AP) — Silvia Venturini Fendi, who took full creative control of her family’s heritage fashion house after the departure of Kim Jones, is stepping down from that role and into a new one: honorary president. “What a wonderful journey it has been, not only ...
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