Business

Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports

Tuesday, September 1 by SRN News

BERLIN, Sept 1 (Reuters) - Volkswagen's management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported on Tuesday. The Emden and Zwickau plants are slated to end production in 2031, followed by Hanover in... Read More.

GoPro to be acquired by Starman Optical in $285 million deal

Tuesday, September 1 by SRN News

Sept 1 (Reuters) - Action camera maker GoPro said on Tuesday it is being acquired by Starman Optical in an all-cash deal valued at $285 million. Under the terms of the deal, GoPro shareholders will receive an aggregate cash payment of about $1.14 per share,... Read More.

Bessent says US likely to announce Iran bank sanctions this week

Tuesday, September 1 by SRN News

ASHEVILLE, North Carolina, Sept 1 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday the United States is likely to announce sanctions on a bank this week as part of its economic campaign against Iran. "We are probably going to announce a bank sanction... Read More.

US manufacturing activity slows in August; input prices still elevated

Tuesday, September 1 by SRN News

WASHINGTON, Sept 1 (Reuters) - U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid persistent supply-chain strains. The Institute for Supply Management said on Tuesday its manufacturing PMI fell to a... Read More.

U.S. job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs

Tuesday, September 1 by SRN News

WASHINGTON (AP) - Employers posted slightly more job openings in July but as the American labor market remained sturdy in the face of higher costs that are squeezing household budgets. U.S. job openings ticked up to 7.27 million in July from a revised 7.18 million... Read More.

For a century, journalists have had a voluntary ethics code. Editors are giving it an AI-era reboot

Tuesday, September 1 by SRN News

NEW YORK (AP) - Walk into a corner of a newsroom somewhere and you can often find it affixed to a bulletin board, perhaps peeking out from behind the coffee pot: the Society of Professional Journalists's Code of Ethics. It's less than a thousand... Read More.

Schools reopen across Cuba as fuel, water and power shortages persist

Tuesday, September 1 by SRN News

LAS MINAS, Cuba (AP) - The Barroso family rose at dawn and hitched a cart to a borrowed horse to take one of their daughters to school on Tuesday, the first day of classes for many students across Cuba. As the crises deepen on the... Read More.

Blockade succeeds where sanctions failed as Iran oil exports stall

Tuesday, September 1 by SRN News

By Ahmad Ghaddar, Enes Tunagur and Robert Harvey LONDON, Sept 1 (Reuters) - For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a U.S. naval blockade succeeds where years of sanctions... Read More.

Submersible joins search for 20 missing in deadly Cypriot ferry disaster

Tuesday, September 1 by SRN News

ISTANBUL (AP) - A submersible vessel joined the search Tuesday for 20 people missing for two days following a ferry disaster off the coast of Cyprus. Eight people died when the passenger ferry Filo Jet, which was carrying 267 passengers and crew, capsized and sank... Read More.

Iran’s president says Iran would return to ceasefire agreement if US does, and other Mideast news

Tuesday, September 1 by SRN News

Iran's president said Tuesday his country is ready to return to the ceasefire deal reached with the United States in June if Washington does the same, in conciliatory remarks following the first exchange of fire between the two countries in a month. Here's a... Read More.

Current Weather

Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports

GoPro to be acquired by Starman Optical in $285 million deal

Bessent says US likely to announce Iran bank sanctions this week

US manufacturing activity slows in August; input prices still elevated

U.S. job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs

For a century, journalists have had a voluntary ethics code. Editors are giving it an AI-era reboot

Schools reopen across Cuba as fuel, water and power shortages persist

Blockade succeeds where sanctions failed as Iran oil exports stall

Submersible joins search for 20 missing in deadly Cypriot ferry disaster

Iran’s president says Iran would return to ceasefire agreement if US does, and other Mideast news

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