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Backlog in liquor, wine deliveries frustrates retailers in Mississippi

JACKSON, Miss. (AP) - Brandi Carter needs her wine. As the owner of Levure Bottle Shop in Jackson, Mississippi, she sells natural wine delivered to her business by a state agency responsible for distributing alcoholic beverages to liquor stores, bars and restaurants. But delays caused ...
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Shipping firms seek clarifications before crossing Hormuz

By Jesus Calero April 17 (Reuters) - Shipping companies have cautiously welcomed Iran's announcement that the Strait of Hormuz is open but said they would require clarifications before vessels move through the entry point to the Gulf. Foreign Minister Abbas Araqchi said on Friday that the ...
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Explainer-French trio’s planned $24 billion telecoms deal to test EU resolve

By Gianluca Lo Nostro and Elvira Pollina April 17 (Reuters) - A sweetened 20.35 billion euro ($24 billion) joint bid by Bouygues Telecom, Iliad-owned Free and Orange for France's second-largest telecoms operator SFR looks set to test the European Union's regulatory resolve. Regulators have long drawn ...
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Equity fund inflows rise as war risks recede, upbeat earnings boost mood

April 17 (Reuters) - Global equity funds received a fourth successive weekly inflow in the week through April 15 as upbeat earnings and increased optimism that the Iran war could be resolved more quickly than expected boosted risk appetite. Investors allocated a net of $31.26 ...
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Wall St futures climb on Middle East peace hopes as investors eye strong finish to week

April 17 (Reuters) - U.S. stock index futures rose on Friday, setting the stage for a strong weekly close as investors embraced renewed optimism over de-escalating tensions in the Middle East. Sentiment improved after U.S. President Donald Trump said Washington could soon secure a ...
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Surging record-high US stocks to wade deeper into earnings season

By Lewis Krauskopf NEW YORK, April 17 (Reuters) - Investors will look to a heavy week of U.S. corporate results to further fuel a stunning rebound in the U.S. stock market, which has shaken off war-related concerns to reach record peaks. Hopes for a cooling of ...
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It’s not just Allbirds – another meme-stock season is on the horizon, Vanda Research says

By Suzanne McGee NEW YORK, April 17 (Reuters) - U.S. tax season is over, but meme-stock season is just getting started.v That is the view from Vanda Research, which tracks trading by self-directed individual investors. The firm says it has spotted the first signs of ...
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The Latest: A 10-day Lebanon ceasefire appears to hold as European leaders set to meet over strait

A 10-day ceasefire announced by U.S. President Donald Trump and agreed on by Lebanon and Israel appeared to be holding in Lebanon early Friday, potentially boosting efforts to extend a ceasefire between Iran, the United States and Israel. It was unclear whether a lasting deal ...
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A 10-day ceasefire in Lebanon goes into effect

BEIRUT (AP) - A 10-day truce appeared to be holding in Lebanon early Friday, promising a pause in fighting between Israel and the Hezbollah militant group and possibly clearing one major obstacle to a deal between Iran and the United States and Israel to ...
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Philippines, US to build industrial hub to strengthen supply chain security

MANILA, April 17 (Reuters) - The United States and the Philippines will build a 4,000-acre (1,620 hectares) industrial hub after Manila joined a Washington-led initiative to secure AI and semiconductor supply chains, the U.S. State Department said in a statement. The Philippines becomes the ...
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Drone maker AEVEX raises $320 million in US IPO

April 16 (Reuters) - Drone maker AEVEX said on Thursday that it had raised $320 million in its U.S. initial public offering after pricing shares at $20 each. The Solana Beach, California-based company sold 16 million shares within its indicated price range ...
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Canada Post taking steps to stop home mail delivery

VANCOUVER, British Columbia (AP) - The government-owned corporation that delivers mail in Canada is taking steps to stop home delivery. Canada Post is initiating talks with 13 communities to begin converting about 136,000 addresses from door-to-door delivery to community mailboxes, a standalone unit with designated ...
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