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Morning Bid: Ticking time bomb

By Mike Dolan March 23 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets President Trump's 48-hour deadline for Iran to fully open the Strait of Hormuz, which expires on Monday, has sent stocks ...
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Victory Capital fires back at Peltz’s Trian as Janus bidding war drags on

March 23 (Reuters) - Victory Capital on Monday fired back at Nelson Peltz's Trian over the criticism of its latest $8.6 billion proposal for asset manager Janus Henderson, saying the activist was making "efforts to blanket market with misinformation". San ...
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Former US Congressman faces trial over alleged illegal Venezuela lobbying

By Luc Cohen March 23 (Reuters) - A former U.S. congressman is due to stand trial starting on Monday on charges of illegally lobbying U.S. officials to prevent further economic sanctions against ousted Venezuelan President Nicolas Maduro's government. Federal prosecutors in ...
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Trump visits Memphis to tout crime-fighting efforts as Iran war lingers

By Bo Erickson MEMPHIS, March 23 (Reuters) - Four weeks into the Iran war, U.S. President Donald Trump will shift his focus from overseas conflict to law‑and‑order, visiting Memphis, Tennessee, on Monday to highlight his crime crackdown to bolster his ...
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Rahm Emanuel proposes banning all federal employees from betting on prediction markets

WASHINGTON (AP) - Rahm Emanuel, a potential 2028 Democratic presidential candidate, is proposing a far-reaching ban on betting in prediction markets by federal employees and their families as part of an effort to call attention to what he says ...
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Japanese firms agree to 5.26% wage hike, top union group’s preliminary data shows

By Makiko Yamazaki and Kentaro Sugiyama TOKYO, March 23 (Reuters) - Japanese companies have agreed to raise wages by more than 5% for a third consecutive year, early results from annual labour talks showed on Monday, reflecting sustained gains in ...
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AAPI adults mostly think Trump has done more harm than good on immigration, new poll finds

WASHINGTON (AP) - Most Asian Americans, Native Hawaiians and Pacific Islanders believe President Donald Trump has done more harm than good on the issue of immigration and border security in his second term so far, according to a new ...
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Iran threatens to start hitting Gulf power plants as Israel launches new wave of attacks

DUBAI, United Arab Emirates (AP) - Iran warned Monday it will strike electrical plants across the Middle East if U.S. President Donald Trump follows through on his threat to bomb power stations in the Islamic Republic. The threat by Tehran ...
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Factbox-Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

March 23 (Reuters) - At least half a dozen Indian generic drugmakers launched cheaper versions of Novo Nordisk's blockbuster diabetes drug Ozempic and weight‑loss drug Wegovy over the weekend, at globally unmatched prices and slashing treatment costs by about ...
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Finnair picks Embraer over Airbus for its narrow-body fleet renewal

By Anne Kauranen HELSINKI, March 23 (Reuters) - Finnair will renew its European fleet with an order for 18 E195-E2 narrow-body aircraft from Brazilian manufacturer Embraer, it said on Monday, as it moved away from its current supplier Airbus. The order ...
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Tokio Marine to form partnership with Berkshire Hathaway, initially sell 2.49% stake

TOKYO, March 23 (Reuters) - Tokio Marine Holdings Inc said on Monday it would form a strategic partnership with Warren Buffett's Berkshire Hathaway by initially selling a 2.49% stake through a third-party allotment of treasury shares. Berkshire Hathaway in ...
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Air Canada flight collides with a Port Authority vehicle at New York’s LaGuardia Airport

NEW YORK (AP) - An Air Canada regional jet struck a firetruck on the runway of New York's LaGuardia Airport late Sunday, crushing the front nose of the plane, according to authorities and photos of the wreckage. Officials did ...
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