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Wednesday, July 2
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SRN News
Asian shares are mixed, tracking Wall Street split as momentum slows and Tesla drops
MANILA, Philippines (AP) — Asian shares were mixed on Wednesday following a similar drift overnight on Wall Street as losses for Tesla and other technology shares put a brake on the momentum of recent record highs. U.S. futures edged higher and oil prices were little ...
Wednesday, July 2
by
SRN News
Morning Bid: Markets sit tight for trade progress
A look at the day ahead in European and global markets from Ankur Banerjee Markets shrugged off the U.S. Senate passing President Donald Trump’s “big, beautiful bill”, with investor attention fixed to the path for U.S. interest rates and trade deals ahead of the United ...
Wednesday, July 2
by
SRN News
Paramount settles with Trump over ‘60 Minutes’ interview for $16 million
By Helen Coster and Jack Queen NEW YORK (Reuters) -CBS parent company Paramount on Wednesday settled a lawsuit filed by U.S. President Donald Trump over an interview broadcast in October, the latest concession by a media company to a president who has targeted outlets over ...
Tuesday, July 1
by
SRN News
He pioneered the cellphone. It changed how people around the world talk to each other — and don’t
DEL MAR, Calif. (AP) — Dick Tracy got an atom-powered two-way wrist radio in 1946. Marty Cooper never forgot it. The Chicago boy became a star engineer who ran Motorola’s research and development arm when the hometown telecommunications titan was locked in a 1970s corporate ...
Tuesday, July 1
by
SRN News
Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not
WASHINGTON (AP) — President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not. At best, Trump’s “no tax on Social Security” claim exaggerates the benefits to seniors if either the House ...
Tuesday, July 1
by
SRN News
The US plans to begin breeding billions of flies to fight a pest. Here is how it will work
TOPEKA, Kan. (AP) — The U.S. government is preparing to breed billions of flies and dump them out of airplanes over Mexico and southern Texas to fight a flesh-eating maggot. That sounds like the plot of a horror movie, but it is part of ...
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Tuesday, July 1
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SRN News
Once known as ‘Dirty Myrtle,’ Myrtle Beach is now the fastest-growing US metro for seniors
A South Carolina beach town once nicknamed “Dirty Myrtle” because of its rowdy nightclubs and strip joints has become a magnet for retirees in a nation that continues to age. The number of residents age 65 years and older in the Myrtle Beach metropolitan area ...
Tuesday, July 1
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SRN News
North Koreans swim and play at a beach resort touted as a boost for tourism
SEOUL, South Korea (AP) — North Koreans swam, rode water park slides and enjoyed other water activities at a newly opened mammoth beach resort, state media reported Wednesday, as the country largely maintains a ban on the entry of foreign tourists. The Wonsan-Kalma eastern coastal ...
Tuesday, July 1
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SRN News
BHP inks charter contracts with COSCO for ammonia dual-fuelled vessels
SINGAPORE (Reuters) -Australia’s BHP Group has signed contracts with China’s COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. The two vessels are expected to be delivered from 2028 and will be charted for five ...
Tuesday, July 1
by
SRN News
KKR to acquire Australian chicken grower ProTen from Aware Super
(Reuters) -Private equity group KKR will acquire ProTen, one of Australia’s largest broiler chicken growers, from pension fund Aware Super, the parties said in a joint statement on Wednesday without disclosing financial details. ProTen was established in 2001 and currently manages more than 700 poultry ...
Tuesday, July 1
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SRN News
Asian stocks waver, dollar frail as Trump’s tariffs, US rate path weighs
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks slipped on Wednesday and the dollar languished near 3-1/2-year lows as investors weighed the prospect of U.S. interest rate cuts and the scramble for trade deals ahead of President Donald Trump’s July 9 deadline for tariffs. Trump said ...
Tuesday, July 1
by
SRN News
Del Monte Foods seeks buyer as it initiates US bankruptcy proceedings
(Reuters) -Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the United States on Tuesday under an agreement with certain key lenders, the company said in a statement. The company has secured $912.5 million in ...
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