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US Health Department pauses, then resumes $5 billion in public health grants, Bloomberg News reports
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Wednesday, October 1
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SRN News
US government shutdown unlikely to affect sovereign ratings in near term, Fitch says
By Manya Saini (Reuters) -Fitch said on Wednesday it does not expect the ongoing U.S. government shutdown to affect the country’s sovereign ratings in the near term, adding that any impact on economic growth would depend on its scope and ...
Wednesday, October 1
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SRN News
First Brands obtains bankruptcy judge approval for $500 million rescue financing
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt auto parts supplier First Brands on Wednesday received a U.S. judge’s permission to proceed with the first phase of a $1.1 billion bankruptcy loan, giving the company an immediate infusion of $500 million ...
Wednesday, October 1
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Mexico sees 32% jump in screwworm cases in September as cases move north
By Cassandra Garrison MEXICO CITY (Reuters) -Mexico saw a nearly 32% increase in confirmed cases of the flesh-eating screwworm parasite in September, according to government data, as a concentration of cases moves north. Mexico recorded 6,703 cases of animals infested with ...
Wednesday, October 1
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SRN News
Microsoft names CEO to run commercial business, Nadella to focus on tech
(Reuters) -Microsoft Chief Commercial Officer Judson Althoff will take on an expanded role as CEO of commercial business, freeing up company chief Satya Nadella to focus more on the technical side of the business in the tech giant’s quest ...
Wednesday, October 1
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SRN News
Car executives fear a collapse in EV sales as US tax subsidy vanishes
By Nora Eckert DETROIT (Reuters) -Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers. “It’s a game-changer,” Ford CEO Jim Farley said during a Detroit event on Tuesday, ...
Wednesday, October 1
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SRN News
National parks will remain ‘generally’ open during the shutdown, but Liberty Bell doors are closed
NEW YORK (AP) — Crowds of people loaded onto boats to tour the Statue of Liberty and Ellis Island Wednesday morning with no immediate signs of the government shutdown that is triggering the furlough of about two-thirds of National ...
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Wednesday, October 1
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SRN News
US government credit default swap spreads edge higher
NEW YORK (Reuters) -Spreads on U.S. government credit default swaps, market-based gauges of the risk of a sovereign default, have ticked higher amid market concerns over the U.S. government shutdown. Six-month spreads rose by one point to 17 basis points, the ...
Wednesday, October 1
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SRN News
European oil refineries bet on green projects to secure long-term future
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Wednesday, October 1
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After accomplishments in politics, media, former CNN chief Tom Johnson makes mental health his cause
NEW YORK (AP) — Tom Johnson’s career took him from the White House to newspaper publisher jobs in Dallas and Los Angeles to president of CNN. While that left him able to swap stories about two influential figures — ...
Wednesday, October 1
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Factbox-US government shutdown: What is open, what is closed
By Courtney Rozen and Andy Sullivan WASHINGTON (Reuters) -U.S. government services will be disrupted until President Donald Trump and Congress agree on a spending deal. Federal agencies have ordered hundreds of thousands of federal employees not to work, deeming them not essential ...
Wednesday, October 1
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SRN News
Madison Cawthorn seeks comeback, running for Congress in Florida
ST. PETERSBURG, Fla. (AP) — Former Republican U.S. Rep. Madison Cawthorn, who was defeated in 2022 in a North Carolina primary, is looking for a comeback by running for Congress again, this time from Florida. Cawthorn, 30, announced in an ...
Wednesday, October 1
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SRN News
Los Angeles County will pay $20M to settle lawsuit over death of 4-year-old boy who was tortured
PALMDALE, Calif. (AP) — Los Angeles County will pay $20 million to the family of a 4-year-old boy who was tortured to death by his parents six years ago in a case that brought scrutiny of the region’s child ...
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