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Jo Ann Allen Boyce, who wrote a book about her experience integrating Clinton High School, has died
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Thursday, April 17
by
SRN News
US airlines struggle to forecast their business in worsening economic fog
By Rajesh Kumar Singh CHICAGO (Reuters) – President Donald Trump’s trade war has created the biggest uncertainty for U.S. airlines since the COVID pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, carriers ...
Thursday, April 17
by
SRN News
Canadians bought record amount of US shares in February
OTTAWA (Reuters) – Although tensions between Canada and the United States are high, Canadians bought a record amount of American shares in February, as U.S. stock markets hit an all-time high, official data indicated on Thursday. Statistics Canada said Canadians snapped ...
Thursday, April 17
by
SRN News
Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from 6.62% last week, mortgage buyer Freddie Mac said ...
Thursday, April 17
by
SRN News
429,000 portable chargers are under recall after some consumers report fires, minor burn injuries
NEW YORK (AP) — About 429,000 portable power banks are under recall because they can overheat and potentially catch fire while charging phones, posing a burn hazard to consumers. According to a Thursday notice published by the U.S. Consumer Product Safety Commission, Brooklyn, New York-based ...
Thursday, April 17
by
SRN News
Google’s digital ad network declared an illegal monopoly
Google has been branded an abusive monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online marketing technology to boost the profits fueling an internet empire currently worth $1.8 trillion. The ruling ...
Thursday, April 17
by
SRN News
Chinese tea chain Chagee valued at $6.2 billion in strong Nasdaq debut
(Reuters) – Chinese tea chain Chagee secured a valuation of $6.2 billion after its shares gained 21% in the Nasdaq debut on Thursday. The company’s American depositary shares opened at $33.75 apiece, compared with the initial public offering price of $28. Chagee ...
Thursday, April 17
by
SRN News
Exclusive-JPMorgan beefs up activism defense group, hires two managing directors
By Svea Herbst-Bayliss NEW YORK (Reuters) -JPMorgan Chase is hiring two veteran bankers in its global shareholder engagement and M&A capital markets group, beefing up the business as corporations face increasing pressure from global activist investors pushing for changes from swapping out management to selling ...
Thursday, April 17
by
SRN News
Boeing delivery plant in China latest hot spot in tariff war
By Lisa Barrington, Sophie Yu, Dan Catchpole and Tim Hepher (Reuters) – Boeing faced new questions over the impact of tariffs on exports to China on Thursday as the spotlight fell on the fate of jets waiting at an aircraft completion ...
Thursday, April 17
by
ABC News
Google is monopolist in online advertising tech, judge rules
(NEW YORK) -- Alphabet's Google illegally dominated two markets for online advertising technology, according to a federal judge.Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia said in a ruling Thursday that Google had broken the law to build its dominance ...
Thursday, April 17
by
SRN News
China dominates solar. Trump tariffs target China. For US solar industry, that means higher costs
Mike Summers was eager to install solar at his home in Ohio for years, and after he finally replaced his aging roof this year, his solar contractor swung into action. His system — including 19 panels and a battery backup — went up this ...
Thursday, April 17
by
SRN News
Dubai’s Mall of the Emirates, home to a ski slope, to get $1.3 billion renovation
DUBAI, United Arab Emirates (AP) — The operator of Dubai’s sprawling Mall of the Emirates, home to an indoor ski slope in the desert sheikhdom, announced plans Wednesday for a $1.3 billion renovation at the mall. The Dubai-based firm Majid Al Futtaim said the ...
Thursday, April 17
by
SRN News
ABB to increase local US production to reduce tariff impact
By John Revill ZURICH (Reuters) – Swiss engineering group ABB is expanding its local production in the United States and other countries to mitigate the impact of tariffs imposed by U.S. President Donald Trump, Chief Executive Morten Wierod said on Thursday. ABB ...
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