Business

Hershey names insider Dave Hulays as CFO

Wednesday, September 2 by SRN News

Sept 2 (Reuters) - Hershey on Wednesday named insider and industry veteran Dave Hulays as its finance chief, as the Reese's chocolates maker navigates a tough macroeconomic environment while benefiting from robust demand and higher prices. Hulays, who joined Hershey in 2012, takes charge from... Read More.

Yen jumps, oil pumps

Wednesday, September 2 by SRN News

By Jamie McGeever ORLANDO, Florida, Sept 2 (Reuters) - The Japanese yen leaped against the dollar on Wednesday, its biggest rise since joint U.S.-Japanese intervention a month ago, while U.S. Treasuries shrugged off the wider bond market selloff that pushed Japanese and European yields to... Read More.

Trump administration backs OpenAI in New York Times’ copyright case over training of chatbots

Wednesday, September 2 by SRN News

WASHINGTON (AP) - The Trump administration is wading into a legal fight between OpenAI and the New York Times, backing the ChatGPT-maker's argument in a closely watched case over how it builds its AI technology by ingesting and processing millions of news articles. In court... Read More.

Fed survey shows economic activity edged up, prices rose moderately in recent weeks

Wednesday, September 2 by SRN News

Sept 2 (Reuters) - U.S. economic activity increased modestly, employment rose slightly and prices increased moderately in recent weeks, according to a report published on Wednesday by the Federal Reserve, information that central bank policymakers will weigh alongside "hard" economic data to assess whether... Read More.

US private credit firms mark down more loans

Wednesday, September 2 by SRN News

By Patturaja Murugaboopathy and Gaurav Dogra Sept 2 (Reuters) - U.S. private-credit portfolio values showed signs of stabilising in the second quarter after a broad deterioration early in the year, even as lenders marked down select software loans and reported a rise in... Read More.

Chevron, ENI ink pacts for large oil project expansions in Venezuela

Wednesday, September 2 by SRN News

By Timothy Gardner and Vivian Sequera CARACAS, Sept 2 (Reuters) - Energy producers U.S. Chevron and Italy's ENI signed key agreements with Venezuela on Wednesday, committing to large oil project expansions aimed at boosting the OPEC country's production, government officials and executives said. The deals... Read More.

Judge orders changes to Google’s digital ads business but spares it from a breakup

Wednesday, September 2 by SRN News

A federal judge on Wednesday ordered Google to retool the system powering its monopoly in digital advertising, sparing the company from a wrenching breakup sought by the U.S. government. The initial two-page decision by U.S. District Judge Leonie Brinkema in Virginia marks the second time... Read More.

Pabst Blue Ribbon offers $20,000 reward to help find its missing beer

Wednesday, September 2 by SRN News

Pabst Blue Ribbon wants its beer back, and it's offering a reward to help that happen. Greig DeBow, the CEO of Pabst Brewing Co., said Wednesday that the company will pay up to $20,000 to anyone who provides new information that leads to the recovery... Read More.

Mexico presses US on auto, steel tariffs in meeting with Lutnick

Wednesday, September 2 by SRN News

MEXICO CITY, Sept 2 (Reuters) - Mexican Economy Minister Marcelo Ebrard met U.S. Commerce Secretary Howard Lutnick on Wednesday as Mexico pushed for progress on U.S. tariffs on cars and steel, a key source of friction in the countries' trade relationship. President Claudia Sheinbaum... Read More.

Ethiopian Airlines nears Boeing cargo plane order, sources say

Wednesday, September 2 by SRN News

By Tim Hepher, Dawit Endeshaw and David Shepardson PARIS/ADDIS ABABA, Sept 2 (Reuters) - Ethiopian Airlines is nearing a deal to buy up to 10 long-haul Boeing freighters as plans edge forward for a new African hub to compete with Gulf carriers, two industry... Read More.

Current Weather

Hershey names insider Dave Hulays as CFO

Yen jumps, oil pumps

Trump administration backs OpenAI in New York Times’ copyright case over training of chatbots

Fed survey shows economic activity edged up, prices rose moderately in recent weeks

US private credit firms mark down more loans

Chevron, ENI ink pacts for large oil project expansions in Venezuela

Judge orders changes to Google’s digital ads business but spares it from a breakup

Pabst Blue Ribbon offers $20,000 reward to help find its missing beer

Mexico presses US on auto, steel tariffs in meeting with Lutnick

Ethiopian Airlines nears Boeing cargo plane order, sources say

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