Business

Cuba’s tourism plummets 62% after US pressure and energy embargo

Tuesday, September 1 by SRN News

HAVANA (AP) - Cuba's tourism has nosedived since the U.S. has ramped up its pressure on the island this year, threatening international tour operators and imposing an energy embargo. Tourism on the island declined by 62% from January to July of this year compared to... Read More.

Tyson disputes claim by USDA’s Rollins, says shuttered beef plants can go to any buyer

Tuesday, September 1 by SRN News

By Karl Plume and Tom Polansek BOONE, Iowa, Sept 1 (Reuters) - U.S. meatpacker Tyson Foods has disputed a claim by U.S. Department of Agriculture Secretary Brooke Rollins that it would sell its recently shuttered beef plants only to American-owned companies or producers, including cooperatives. Rollins,... Read More.

Some G20 differences remain over imbalances, sovereign debt, US Treasury official says

Tuesday, September 1 by SRN News

By David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - A Group of 20 joint statement reflecting U.S. priorities on reducing global imbalances and sovereign debt restructurings may not be possible due to some remaining differences over language, U.S. Treasury Undersecretary for International Affairs Erin... Read More.

Investors argue against novel ETF label in letters to US SEC

Tuesday, September 1 by SRN News

By Suzanne McGee PROVIDENCE, Rhode Island, Sept 1 (Reuters) - Market participants raised concerns over the U.S. Securities and Exchange Commission's proposal to label a broad swathe of exchange-traded funds as "novel ETFs," according to a Reuters review of letters filed with the Wall Street... Read More.

Palo Alto Networks beats quarterly earnings estimates, acquires AI platform Console

Tuesday, September 1 by SRN News

Sept 1 (Reuters) - Palo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate technology leaders. Here are more details: • Palo Alto Networks said it... Read More.

Why bond yields are rising and why everyone should care

Tuesday, September 1 by SRN News

WASHINGTON (AP) - Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle. Rising bond yields are one of the... Read More.

Grand Canyon flooding shuts down tourist lodging, threatens economy after last year’s fire

Tuesday, September 1 by SRN News

Deadly flooding at the Grand Canyon threatens to cause economic damage, with a washed-out pipeline severing the South Rim's water supply and shutting down lodging at the popular tourist vista for an indefinite period. The national park remains open but tourists who planned to stay... Read More.

Venezuela’s main airport partially resumes commercial flights after deadly earthquakes

Tuesday, September 1 by SRN News

CARACAS (AP) - Venezuela's main airport partially resumed commercial operations on Tuesday, nearly 10 weeks after two devastating earthquakes struck the South American country. A temporary area with metal structures was erected in the parking lot of the Simón Bolívar International Airport, located in the... Read More.

Nestle to offload mainstream vitamin brands for $1 billion

Tuesday, September 1 by SRN News

LONDON, Sept 1 (Reuters) - Nestle will sell its mainstream vitamin brands to private equity firm Yellow Wood Partners for $1 billion, it said on Tuesday, as CEO Philipp Navratil tightens the company's strategic focus. Navratil, who took the top job at Nestle... Read More.

Australian judge floats giving court-appointed expert access to Tesla’s engineering systems

Tuesday, September 1 by SRN News

By Byron Kaye SYDNEY, Sept 1 (Reuters) - An Australian judge said he may order Tesla to give an independent expert access to its internal engineering platforms as part of a class action against the Elon Musk-led carmaker, a move designed to bypass a drawn-out... Read More.

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Current Weather

Cuba’s tourism plummets 62% after US pressure and energy embargo

Tyson disputes claim by USDA’s Rollins, says shuttered beef plants can go to any buyer

Some G20 differences remain over imbalances, sovereign debt, US Treasury official says

Investors argue against novel ETF label in letters to US SEC

Palo Alto Networks beats quarterly earnings estimates, acquires AI platform Console

Why bond yields are rising and why everyone should care

Grand Canyon flooding shuts down tourist lodging, threatens economy after last year’s fire

Venezuela’s main airport partially resumes commercial flights after deadly earthquakes

Nestle to offload mainstream vitamin brands for $1 billion

Australian judge floats giving court-appointed expert access to Tesla’s engineering systems

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