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FDA issues recall for frozen shrimp that may be contaminated with cesium-137
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Wednesday, September 3
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SRN News
Cat in San Francisco euthanized after latest bird flu infection tied to raw pet food
Federal health officials are warning that certain lots of raw cat food may be contaminated with H5N1 bird flu after a pet cat in San Francisco that ate the food became infected with the virus and had to be euthanized. The U.S. Food and ...
Wednesday, September 3
by
SRN News
California lawmakers vote to allow sale of higher-ethanol fuel
(Reuters) -California lawmakers on Wednesday voted to allow the sale of a higher-ethanol gasoline blend that could help bring down fuel prices in the largest U.S. auto market. The sale of E15, a blend containing 15% ethanol, would be allowed immediately once the bill is ...
Wednesday, September 3
by
SRN News
US ‘very troubled’ by Norway wealth fund’s divestment from Caterpillar
By Kanishka Singh WASHINGTON (Reuters) -President Donald Trump’s administration said on Wednesday it was “very troubled” by the divestment by Norway’s $2 trillion wealth fund from U.S. construction equipment group Caterpillar, adding Washington was directly engaging with the Norwegian government on the issue. Norway’s $2 trillion ...
Wednesday, September 3
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SRN News
Trump’s oldest sons’ American Bitcoin stake worth $1.5 billion in stock debut
By Koh Gui Qing and Milana Vinn NEW YORK (Reuters) -A bitcoin company tied to President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons’ stake at well over $1.5 billion as the first ...
Wednesday, September 3
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SRN News
Factbox-Global oil and gas company layoffs in 2024 and 2025
(Reuters) -International oil and gas companies have announced they would cut tens of thousands of jobs in 2024 and 2025 due to lower oil prices and as they consolidate after the biggest wave of mergers and acquisitions in the industry for decades. Benchmark Brent crude ...
Wednesday, September 3
by
SRN News
Nippon Steel settles disputes with USW, Cliffs over U.S. Steel deal
(Reuters) -Nippon Steel said on Wednesday it has resolved all legal disputes with the United Steelworkers union and steelmaker Cleveland-Cliffs tied to its $14.9 billion acquisition of U.S. Steel, which closed in June. The settlement includes the dismissal of a lawsuit brought by Nippon Steel, ...
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Wednesday, September 3
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SRN News
Hewlett Packard beats quarterly revenue estimates on robust server demand
(Reuters) -Hewlett Packard Enterprise beat Wall Street estimates for third-quarter revenue on Wednesday, driven by strong demand in its server and networking segments. Demand for AI servers has surged as big tech companies and startups race to deploy generative AI services, such as ChatGPT, which ...
Wednesday, September 3
by
SRN News
American Eagle bets on promotions to forecast upbeat sales, shares jump 25%
(Corrects syntax in headline) (Reuters) -American Eagle Outfitters forecast third-quarter comparable sales above expectations on Wednesday, betting on the demand driven by promotions and new products, sending the shares of the apparel retailer up 25% after the bell. Apparel firms such as American Eagle and ...
Wednesday, September 3
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SRN News
Trading Day: Tech rebounds, jobs worries deepen
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist A rebound in U.S. tech stocks lifted the Nasdaq and S&P 500 on Wednesday, but soft U.S. employment indicators kept investors on edge and sparked a rally ...
Wednesday, September 3
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SRN News
US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say
LONDON (Reuters) -The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters. The Trump administration is looking to boost U.S. economic might, including by ...
Wednesday, September 3
by
SRN News
US labor market softening as job openings hit 10-month low, hiring remains tepid
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings fell to a 10-month low in July and there were more unemployed people than positions available for the first time since the COVID-19 pandemic, data consistent with easing labor market conditions and supporting expectations the Federal Reserve ...
Wednesday, September 3
by
SRN News
Lockheed Martin wins $9.8 billion Patriot missile contract
By Shivansh Tiwary and Mike Stone (Reuters) -The U.S. Army awarded Lockheed Martin a $9.8 billion contract for Patriot missiles, the company said on Wednesday, as demand for the missile defense interceptor from the U.S. and foreign militaries continues. It is the largest order ever of ...
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