Cloudy 47°. Wind: E 3 mph.
Loading advertisement…
Trending: ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
HomeNewsNationalBusiness ( Page 545)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Appeals court says California law requiring background checks for ammunition is unconstitutional

SACRAMENTO, Calif. (AP) — A voter-backed California law requiring background checks for people who buy bullets is unconstitutional, a federal appeals court ruled Thursday in a blow to the state’s efforts to combat gun violence. In upholding a 2024 ruling by a lower court, the ...
by

The Environmental Protection Agency wants to bring back the weed killer dicamba

The Environmental Protection Agency has proposed allowing the weed killer dicamba for genetically engineered soybeans and cotton, two crops that are grown extensively in the United States. This week’s recommendation comes after the first Trump administration made the same move, only to have courts block ...
by

How Trump could use a building renovation to oust Fed Chair Powell

WASHINGTON (AP) — President Donald Trump may have found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell: by accusing him of mismanaging the U.S. central bank’s $2.5 billion building renovation project. The push comes after a monthslong campaign by ...
by

AI drives new highs

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Key U.S. and global stock markets clocked fresh highs on Thursday as Alphabet’s earnings lifted tech, while investors digested the European Central Bank’s interest rate decision and ...
by

In China, repair demand for banned Nvidia AI chipsets booms

By Che Pan and Casey Hall BEIJING/SHANGHAI (Reuters) -Demand in China has begun surging for a business that, in theory, shouldn’t exist: the repair of advanced Nvidia artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival. Around ...
by

Charles Schwab authorizes $20 billion stock buyback, declares dividends

(Reuters) -Charles Schwab said on Thursday that its board had authorized a new $20 billion stock repurchase program, replacing the previous authorization. The company also declared a regular quarterly cash dividend of 27 cents per share on its common stock. (Reporting by Prakhar Srivastava ...
Loading advertisement…
by

Gold miner Newmont’s quarterly profit beats estimates as bullion rallies

(Reuters) -Newmont surpassed Wall Street expectations for second-quarter profit as the world’s top gold miner benefited from a rally in bullion prices, sending its shares more than 2% higher in extended trading on Thursday. Prices of the precious metal have consistently set record highs over ...
by

Hoka-parent Deckers beats quarterly estimates boosted by international demand

(Reuters) -Deckers Outdoor topped Wall Street estimates for first-quarter results on Thursday, fueled by robust demand in international markets such as Europe for its Hoka and UGG brands, sending shares of the footwear maker 15% higher after the bell. Deckers has been rapidly expanding its ...
by

Puma lowers full-year 2025 outlook

(Reuters) -German sportswear brand Puma lowered its full-year 2025 outlook on Thursday, citing a softer-than-anticipated topline performance and the expected impact of U.S. tariffs. (Reporting by Nilutpal Timsina in Bengaluru; Editing by Alan Barona) Brought to you by www.srnnews.com
by

Intel to slash workforce by year-end as it forecasts steeper losses than expected

(Reuters) -Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. The Santa Clara, California-based chipmaker disclosed the layoff goals as it forecast steeper third-quarter losses than Wall Street estimates ...
by

FAA to review Boeing supply chain before approving hike to 737 MAX production

By David Shepardson OSHKOSH, Wisconsin (Reuters) -The head of the Federal Aviation Administration said Boeing has not yet asked the agency to remove a 38-plane per month cap on 737 MAX production and will review the planemaker’s supply chain before making any decision. The FAA imposed ...
by

US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas to JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan over their roles in underwriting the initial public offering of Chinese battery manufacturer CATL....
First Previous541542543544545546547548549Next Last