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Monday, October 20
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SRN News
Supreme Court will consider whether people who regularly smoke pot can legally own guns
WASHINGTON (AP) — The Supreme Court said on Monday that it will consider whether people who regularly smoke marijuana can legally own guns, the latest firearm case to come before the court since its 2022 decision expanding gun rights. President Donald Trump’s administration asked ...
Monday, October 20
by
SRN News
Broadway actors and producers reach tentative labor deal, but musicians still threaten a strike
NEW YORK (AP) — The union representing thousands of Broadway actors reached a tentative new labor agreement over the weekend with commercial producers, leaving just the musicians’ union still negotiating. Actors’ Equity Association — which represents over 51,000 members, including singers, actors, dancers and stage ...
Monday, October 20
by
SRN News
How fast-moving de Meo secured L’Oreal deal to ease Kering’s strain
By Mathieu Rosemain, Andres Gonzalez and Mimosa Spencer PARIS (Reuters) -Kering’s new CEO Luca de Meo didn’t take long to make his mark. While preliminary conversations between the Gucci owner and L’Oreal over the sale of Kering’s beauty business had begun in the spring, before de ...
Monday, October 20
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SRN News
Analysis-US bank rout prompts deal speculation as credit worries loom
By Nupur Anand, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior ...
Monday, October 20
by
SRN News
Inflation in Mexico likely slowed in early October: Reuters poll
MEXICO CITY (Reuters) -Mexico’s annual inflation rate likely slowed in the first half of October, a Reuters poll showed on Monday, supporting bets the central bank of Latin America’s second-largest economy will continue to cut its benchmark interest rate through the end of this ...
Monday, October 20
by
SRN News
Some analysts see imminent Fed halt to balance sheet drawdown on rate turbulence
By Michael S. Derby -Some Wall Street analysts now believe the Federal Reserve will pull the plug on its long-running effort to shrink its balance sheet at the end of the month. These central bank watchers believe the ground has shifted for quantitative tightening, or QT, ...
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Monday, October 20
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SRN News
Kroger to hire 18,000 workers for 2025 holiday season, fewer than last year
(Reuters) -Kroger said on Monday its family of companies are looking to hire over 18,000 associates as the U.S. grocer preps for the busy holiday season, about 7,000 fewer than last year. The hires would be focused on customer-facing roles such as cashiers, baggers, deli ...
Monday, October 20
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SRN News
Factbox-Trump’s tariffs: What’s in effect and what could be in store?
WASHINGTON (Reuters) -U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain ...
Monday, October 20
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SRN News
Brazil’s bar, restaurant sales fall amid beverage poisoning cases, survey finds
By Igor Sodre SAO PAULO (Reuters) -Sales in Brazilian bars and restaurants dropped 4.9% in September compared to August amid growing cases of methanol contamination in alcoholic beverages, data released by payment company Stone and the Brazilian Association of Bars and Restaurants Abrasel showed on ...
Monday, October 20
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SRN News
Bank of Canada says firms’ outlooks remain subdued amid trade tensions
By Promit Mukherjee and David Ljunggren OTTAWA, Oct 20 (Reuters) – Canadian firms feel conditions are slightly better than earlier in the year but they are unlikely to boost investments or hiring given the dampening effect of U.S. tariffs, a Bank of Canada survey showed ...
Monday, October 20
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SRN News
Explainer-Why Gucci-owner Kering is selling its beauty business to L’Oreal
By Linda Pasquini and Leo Marchandon (Reuters) -Gucci-owner Kering has agreed to sell its beauty business to L’Oreal for 4 billion euros ($4.7 billion) in a strategic shift by new CEO Luca de Meo, who is trying to cut the luxury group’s debt and refocus ...
Monday, October 20
by
SRN News
Ari Emanuel’s MARI buys digital ticketing platform TodayTix
(Reuters) -Global events company MARI said on Monday it has acquired TodayTix Group (TTG), getting access to its platforms that sell tickets for live performances ranging from operas in New York to plays by London’s Royal Shakespeare Company. The deal adds to MARI’s rapidly expanding ...
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