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US government admits negligence in helicopter-plane collision that killed 67 in Washington
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Tuesday, November 18
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SRN News
Roblox steps up age checks and groups younger users into age-based chats
Roblox is stepping up its age verification system for users who want to privately message other players and implementing age-based chats so kids, teens and adults will only be able to message people around their own age. The moves come as the popular gaming platform ...
Tuesday, November 18
by
SRN News
Mixed quarter for Home Depot with less storm damage and a more anxious shopper
Home Depot's third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk. The company lowered its fiscal 2025 adjusted earnings forecast but raised its expectations for sales growth. For the ...
Tuesday, November 18
by
SRN News
Target investors brace for market share drop, weak sales due to US shutdown
By Siddharth Cavale (Reuters) -Target's third‑quarter results on Wednesday are expected to lay bare the retailer's struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown. Target has not reported any same‑store sales growth this year, as bigger rival ...
Tuesday, November 18
by
SRN News
As data flow revives, Fed still faces a deep policy divide
By Howard Schneider WASHINGTON (Reuters) -A divided U.S. Federal Reserve begins receiving updated economic reports from the now-reopened federal government this week as policymakers hope for clarity in their debate over whether to cut interest rates when they meet in just over three weeks. It remains ...
Tuesday, November 18
by
SRN News
Home Depot signals subdued spending with downbeat annual profit, sales forecast
(Reuters) -Home Depot cut its full-year profit forecast after missing Wall Street estimates for quarterly earnings on Tuesday, as tariff-driven economic uncertainty dampened demand for big-ticket renovations and do-it-yourself projects. The world's top home-improvement chain set the ball rolling for a week packed ...
Tuesday, November 18
by
SRN News
Morning Bid: Rattled tech stokes volatility
By Mike Dolan - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Persistent tech sector valuation and leverage jitters, a deepening crypto drawdown and trepidation ahead of Nvidia's quarterly results all stoked the ...
Tuesday, November 18
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SRN News
Glencore cuts Century Aluminum stake to 33% after tariff-driven rally
By Pratima Desai LONDON (Reuters) -Glencore has cut its stake in Century Aluminum by 10% to 33%, raking in millions following a share price rally triggered by U.S. tariffs on aluminium imports and a profit bonanza for local aluminium smelters. U.S. President Donald Trump doubled tariffs ...
Tuesday, November 18
by
SRN News
Former FDA commissioner Scott Gottlieb joins UnitedHealth board
(Reuters) -UnitedHealth Group said on Tuesday former U.S. Food and Drug Administration commissioner Scott Gottlieb has joined the company's board of directors. (Reporting by Mariam Sunny in Bengaluru; Editing by Shilpi Majumdar) Brought to you by www.srnnews.com
Tuesday, November 18
by
SRN News
US small and mid-sized businesses expect stronger 2026, BofA survey shows
(Reuters) -A majority of small and mid-sized business owners in the U.S. expect stronger performance next year, with 74% forecasting revenue growth and nearly 60% planning to expand operations, a Bank of America survey showed. About half the business owners surveyed by BofA believe ...
Monday, November 17
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SRN News
Yen on defensive, dollar firms as traders dial back Fed rate cut bets
By Gregor Stuart Hunter SINGAPORE (Reuters) -The yen slid to its weakest level in more than nine months in early Asian trading on Tuesday as the dollar benefited from receding expectations that the Federal Reserve would cut interest rates at its policy meeting next month. ...
Monday, November 17
by
SRN News
Oil slips as loadings resume at Russian hub; markets weigh sanctions impact
(Reuters) -Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian flows. Brent crude futures ...
Monday, November 17
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SRN News
BP restores part of Olympic Pipeline after Washington leak
By Nicole Jao NEW YORK (Reuters) -BP was responding to a release of refined products on the Olympic Pipeline System east of Everett, Washington, and had partially restored part of the system, the company said on Monday. The BP-operated Olympic shut its pipelines in the area ...
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