Business

Analysis-US stock options watchers warn Wall Street’s rally ‘ripe for volatility spasms’

Wednesday, June 3 by SRN News

By Saqib Iqbal Ahmed NEW YORK, June 3 (Reuters) - Wall Street's nine-week rally has pushed U.S. stock indexes to successive new highs, but people who watch key options metrics warn that signs are mounting that a volatility shock could be around the corner. "This is... Read More.

Tesla rolls out unsupervised robotaxis in Austin

Wednesday, June 3 by SRN News

June 3 (Reuters) - Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing operation. Expanding the robotaxi service and wider adoption of its full self-driving... Read More.

Wim Wenders pulls 1975 film over nude scene with then-13-year-old Nastassja Kinski

Wednesday, June 3 by SRN News

German filmmaker Wim Wenders on Wednesday said he has pulled his 1975 movie "The Wrong Move" over a nude scene featuring a then-13-year-old Nastassja Kinski. Kinski, now 65, has urged Wenders to reedit the film. Last month, she told the German newspaper Sueddeutsche Zeitung: "That... Read More.

US service sector growth picks up in May; businesses face higher prices for inputs

Wednesday, June 3 by SRN News

WASHINGTON, June 3 (Reuters) - U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of the war with Iran. The Institute for Supply Management said on Wednesday its nonmanufacturing... Read More.

Fed’s Williams tells Yahoo monetary policy is in ‘right place’ amid inflation risks

Wednesday, June 3 by SRN News

By Michael S. Derby NEW YORK, June 3 (Reuters) - Federal Reserve Bank of New York President John Williams reiterated on Wednesday that he does not believe the U.S. central bank needs to change the setting of short-term interest rates despite upside inflation risks tied... Read More.

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff

Wednesday, June 3 by SRN News

By Dan Catchpole June 3 (Reuters) - Honeywell Aerospace told investors on Wednesday that it expects to book $6.5 billion in adjusted earnings by 2030, fueled by strong demand from jetmakers and defense customers, along with a sharper focus after its split from Honeywell International... Read More.

US factory orders post biggest gain in 11 months in April

Wednesday, June 3 by SRN News

WASHINGTON, June 3 (Reuters) - New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods. Factory orders surged 4.8%, the largest rise since May 2025, after an... Read More.

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home

Wednesday, June 3 by SRN News

BRUSSELS (AP) - European Union leaders, worried about the continent relying too heavily on American companies for AI and cloud computing services and Asia for microchips, are pushing back. The 27-nation bloc unveiled a "tech sovereignty" package on Wednesday with measures to promote homegrown... Read More.

US private payrolls increase in May, ADP says

Wednesday, June 3 by SRN News

WASHINGTON, June 3 (Reuters) - U.S. private payrolls increased more than expected in May, the ADP's national employment report showed on Wednesday. Private employment rose by 122,000 jobs last month after a downwardly revised 105,000 gain in April. Economists polled by Reuters had forecast private... Read More.

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Wednesday, June 3 by SRN News

By Robert Harvey LONDON, June 3 (Reuters) - Many airlines have been hit hard by price swings in the jet fuel market, and some are not in a position to hedge their exposure, the International Air Transport Association's head of fuel said on Wednesday. Some... Read More.

Current Weather

Analysis-US stock options watchers warn Wall Street’s rally ‘ripe for volatility spasms’

Tesla rolls out unsupervised robotaxis in Austin

Wim Wenders pulls 1975 film over nude scene with then-13-year-old Nastassja Kinski

US service sector growth picks up in May; businesses face higher prices for inputs

Fed’s Williams tells Yahoo monetary policy is in ‘right place’ amid inflation risks

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff

US factory orders post biggest gain in 11 months in April

US private payrolls increase in May, ADP says

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

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