Business

Berkshire, under new CEO Greg Abel, invests $16.8 billion in two days

Monday, June 1 by SRN News

By Jonathan Stempel June 1 (Reuters) - Greg Abel appears to be putting his stamp on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and help Google build out AI. The investments may begin satisfying investors who have... Read More.

US PJM proposes raising minimum capitalization to $2 million for market participants

Monday, June 1 by SRN News

June 1 (Reuters) - U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to keep up with inflation, better manage risk, and protect market participants from default. PJM said the... Read More.

Pentagon bars journalists from its press office, saying it has become a ‘classified space’

Monday, June 1 by SRN News

NEW YORK (AP) - In another of a series of moves restricting media access at the Pentagon, the Defense Department has declared that its press office is now a classified space inaccessible to journalists. On X, acting Pentagon press secretary Joel Valdez confirmed the move,... Read More.

Coca-Cola explores listing of India bottling unit

Monday, June 1 by SRN News

June 1 (Reuters) - Coca-Cola said on Monday it was exploring a potential initial public offering in India for Hindustan Coca-Cola Beverages, the parent of its largest bottler in the country. The company is preparing for a listing on the BSE and the National Stock... Read More.

Warriors star Curry lands long-term shoe and apparel deal with Chinese sportswear company Li-Ning

Monday, June 1 by SRN News

SAN FRANCISCO (AP) - Stephen Curry has a new long-term shoe and apparel deal with Chinese sportswear company Li-Ning. The Golden State star's Curry Brand announced Monday the partnership to keep building Curry's global reach in basketball, golf and lifestyle. Curry and Li-Ning will team... Read More.

Melinda French Gates, ex-wife of Bill Gates, to join Seattle Kraken as minority investor

Monday, June 1 by SRN News

SEATTLE (AP) - Melinda French Gates, a billionaire philanthropist and businesswoman, will join the Seattle Kraken as a minority investor, pending NHL approval. French Gates, 61, is the ex-wife of Microsoft co-founder Bill Gates. She and her $30 billion net worth, according to Forbes,... Read More.

BP tasks independent director Amanda Blanc to lead search for next chair

Monday, June 1 by SRN News

June 1 (Reuters) - BP has asked senior independent director Amanda Blanc to lead the search for the next chair, the energy company's interim chair Ian Tyler said in a statement to Reuters on Monday. "As in previous searches this will be a rigorous process... Read More.

Scott Pelley of ’60 Minutes’ accuses CBS News head Bari Weiss of ‘murdering’ the show, report says

Monday, June 1 by SRN News

NEW YORK (AP) - In a remarkable sign of the turmoil at CBS's top-rated "60 Minutes," correspondent Scott Pelley said CBS News head Bari Weiss of "murdering the show" and accused its new producer of having "slender qualifications" for the job, according to reports. Pelley... Read More.

Trading Day: Talks + tech = boom!

Monday, June 1 by SRN News

By Jamie McGeever ORLANDO, Florida, June 1 (Reuters) - Conflicting headlines on the U.S.-Iran ceasefire dominated world markets on Monday, with the big three U.S. stock indices eventually joining several key global benchmarks in an AI-driven rally to new highs after President Donald Trump said... Read More.

GM supplier strike could impact truck production

Monday, June 1 by SRN News

By Kalea Hall DETROIT, June 1 (Reuters) - Dozens of workers took to picket lines Monday morning at an axle plant in Michigan that supports production of General Motors trucks, some of the Detroit automaker's most popular and profitable vehicles. On Sunday, the United Auto Workers... Read More.

Current Weather

Berkshire, under new CEO Greg Abel, invests $16.8 billion in two days

US PJM proposes raising minimum capitalization to $2 million for market participants

Pentagon bars journalists from its press office, saying it has become a ‘classified space’

Coca-Cola explores listing of India bottling unit

Warriors star Curry lands long-term shoe and apparel deal with Chinese sportswear company Li-Ning

Melinda French Gates, ex-wife of Bill Gates, to join Seattle Kraken as minority investor

BP tasks independent director Amanda Blanc to lead search for next chair

Scott Pelley of ’60 Minutes’ accuses CBS News head Bari Weiss of ‘murdering’ the show, report says

Trading Day: Talks + tech = boom!

GM supplier strike could impact truck production

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