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Trading Day: Reanimated about December Fed cut

By Alden Bentley NEW YORK (Reuters) -Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what animated ...
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Australia’s Lynas warns production shortfall at Kalgoorlie after power disruptions

(Reuters) -Australia's Lynas Rare Earths said on Tuesday it estimates a potential shortfall equivalent to one month's production during the current quarter at its Kalgoorlie facility in Western Australia following significant power supply disruptions. The Kalgoorlie Rare Earths Processing Facility has faced a significant ...
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Fed’s Waller: December cut appropriate, but January action more uncertain

WASHINGTON (Reuters) -The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on an upcoming flood of data delayed by the government shutdown, Fed Governor Christopher Waller said on Monday. Since the last Fed meeting, "most ...
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Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share

NEW YORK (AP) - Sinclair has submitted a bid to buy out E.W. Scripps for $7 per share, in a deal that could bring further consolidation across America's local TV news landscape. Under the proposal, which Sinclair disclosed Monday, the broadcast giant would acquire all ...
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Zoom Communications lifts annual outlook on accelerated demand for AI tools in hybrid work

(Reuters) -Zoom Communications raised its annual revenue and profit forecast on Monday, benefiting from hybrid work trends and the integration of artificial intelligence into its products. Shares of the company were up 3.7% in extended trading. Zoom has intensified its push to embed AI functionalities ...
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US attorneys general urge Shopify to halt illegal vape sales on its platform

(Reuters) -A coalition of 25 state attorneys general on Monday wrote to Shopify requesting the platform pull its hosting services from websites selling vapes illegally, according to a letter from California's Attorney General's Office. The letter, also signed by state attorney general offices such ...
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Commodities trader BB Energy lays off some Houston traders in major reorganization

By Shariq Khan and Georgina McCartney NEW YORK (Reuters) -Commodities trader BB Energy has laid off over a dozen people from its Houston office, including oil traders, in a major restructuring of its operations, sources familiar with the matter said. A BB Energy spokesperson confirmed that ...
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Williams-Sonoma sues Quince over sales of ‘dupe’ products

By Jonathan Stempel (Reuters) -Williams-Sonoma sued Quince , a retailer sometimes known as a "dupe" company, accusing it of misleading consumers by selling similar-looking but inferior products and selling them for less. According to a complaint filed on Friday night, Quince engages in false advertising by ...
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FERC grants five-year extension to Sempra’s Cameron LNG project in Louisiana

(Reuters) -The U.S. Federal Energy Regulatory Commission, or FERC, said on Monday it has granted a five-year extension to complete construction of Sempra's Cameron LNG export facility in Louisiana and place it into service. In October, Cameron LNG had filed an extension request for five ...
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Anthropic bolsters AI model Claude’s coding, agentic abilities with Opus 4.5

(Reuters) -Artificial intelligence startup Anthropic unveiled an upgraded Opus model on Monday, boosting Claude's ability to write detailed code, create sophisticated agents and streamline enterprise workflows through spreadsheet and financial analysis. The new model comes as Amazon and Alphabet-backed Anthropic races against OpenAI and other ...
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Boeing’s troubled capsule won’t carry astronauts on next space station flight

CAPE CANAVERAL, Fla. (AP) - Boeing and NASA have agreed to keep astronauts off the company's next Starliner flight and instead perform a trial run with cargo to prove its safety. Monday's announcement comes eight months after the first and only Starliner crew returned to ...
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Here’s what’s next in the fight to curb climate change, now that talks in Brazil have ended

BELEM, Brazil (AP) - After an agreement from U.N. climate talks in the Amazon that fell short of many nations' expectations, experts found some bright spots alongside weighty reasons for worry in the fight against global warming. The Associated Press asked 17 experts - diplomats, ...
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