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Warren Buffett’s successor eyes selling off Berkshire Hathaway’s 325 million Kraft Heinz shares
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Tuesday, September 30
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SRN News
National Flood Insurance Program is set to expire Tuesday, halting new policies and some home loans
Authorization for the largest residential flood insurance program in the U.S. is set to expire Tuesday, leaving homeowners unable to access new coverage and potentially wreaking havoc on home sales in flood-prone areas. Millions of policyholders rely on the ...
Tuesday, September 30
by
SRN News
Analysis-For global M&A, third quarter was one of the best – and worst – in recent history
By Dawn Kopecki, Charlie Conchie and Kane Wu LONDON/NEW YORK/HONG KONG (Reuters) -For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history. Megadeals tallied a stunning $1.26 trillion in global ...
Tuesday, September 30
by
SRN News
US drugmakers rise after Trump announces Pfizer price cuts, promises more deals
(Reuters) -Shares of Pfizer rose about 5% after U.S. President Donald Trump said on Tuesday the drugmaker will cut the price on all of its prescription drugs sold to the Medicaid insurance program and will introduce all new prescription ...
Tuesday, September 30
by
SRN News
ASML’s Mistral investment could augur more European tech collaborations, Le Maire says
By Michel Rose and Florence Loeve PARIS (Reuters) -Dutch chip-equipment maker ASML’s 1.3 billion euro ($1.5 billion) investment in French startup Mistral AI could be the start of more consolidation in the fragmented European tech ecosystem, former French Finance Minister ...
Tuesday, September 30
by
SRN News
Trump-backed targeting of pro-Palestinian campus activists for deportation is unlawful, US judge rules
By Nate Raymond BOSTON (Reuters) -A U.S. judge ruled on Tuesday that President Donald Trump’s administration had acted unconstitutionally by adopting a policy of revoking visas, arresting, detaining and deporting foreign students and faculty engaged in pro-Palestinian advocacy. U.S. District Judge ...
Tuesday, September 30
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SRN News
US removes senior officials over Biden-era airline passenger watchlist
By David Shepardson WASHINGTON (Reuters) -The Trump administration said Tuesday it is removing five senior officials on suspicion of targeting former president Joe Biden’s political opponents with a now-abolished aviation security watchlist. Homeland Security Secretary Kristi Noem said she was referring ...
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Tuesday, September 30
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ABC News
Judge finds Trump administration violated constitutional rights of pro-Palestinian protesters
(WASHINGTON) -- A federal judge has found federal officials unconstitutionally violated the free speech rights of pro-Palestinian protesters in its effort to deport international students and scholars expressing pro-Palestinian views, including Columbia University’s Mahmoud Khalil and Tuft’s University’s Rumeysa ...
Tuesday, September 30
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SRN News
Meta to buy chip startup Rivos for AI effort, source says
By Jeffrey Dastin and Krystal Hu (Reuters) -Meta is acquiring the chip startup Rivos, a source familiar with the matter told Reuters on Tuesday, as the social media company looks to bolster its in-house semiconductor efforts. The Santa Clara, California-based startup, ...
Tuesday, September 30
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SRN News
Federal Communications Commission chair denies targeting broadcast critics
WASHINGTON (Reuters) -Federal Communications Commission chair Brendan Carr defended his recent comments pushing Disney and local broadcasters to stop airing “Jimmy Kimmel Live” Senate Commerce Committee Chair Ted Cruz, a Republican, said earlier Carr’s threats could one day hurt conservative ...
Tuesday, September 30
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SRN News
USTR’S Greer: Trump would ‘love a stake in every company that’s doing well’
(Reuters) -President Donald Trump would like the government to have stakes in a wider array of companies, U.S. Trade Representative Jamieson Greer said on Tuesday, although Trump’s chief trade negotiator sidestepped a question on whether taking a stake in ...
Tuesday, September 30
by
SRN News
White House restores board overseeing claims for sick nuclear workers
By Valerie Volcovici WASHINGTON (Reuters) -The White House on Tuesday announced it has restored an advisory board that plays a key role in approving medical claims by nuclear weapons workers who have had high radiation exposure, after it was suspended ...
Tuesday, September 30
by
SRN News
US tariff collections to continue through a government shutdown, DHS says
WASHINGTON (Reuters) -U.S. Customs and Border Protection tariff collections will continue during any government shutdown, the Department of Homeland Security said on Tuesday. The Department said in its shutdown contingency plan that all CBP revenue collections will continue, along with ...
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