Business

Baseball players ask for expanded free agency, salary arbitration rights, almost doubling minimum

Wednesday, May 27 by SRN News

NEW YORK (AP) - Baseball players fired the opening salvo Wednesday in what is expected to be long and contentious labor negotiations, asking for expanded free agency and salary arbitration rights along with almost doubling the major league minimum and increasing the money high-revenue... Read More.

Bayer sued for allegedly monopolizing US market for GMO corn seeds

Wednesday, May 27 by SRN News

By Tom Polansek CHICAGO, May 27 (Reuters) - Bayer used illegal and anti-competitive practices to monopolize the U.S. market for genetically engineered corn seeds, reaping "hundreds of millions, if not billions, of ill-gotten dollars," according to a federal lawsuit that adds to legal troubles plaguing... Read More.

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

Wednesday, May 27 by SRN News

By David Shepardson WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX 10 to be approved before the end of the year. FAA... Read More.

United Airlines CEO rules out consolidation push after American rebuff

Wednesday, May 27 by SRN News

By Rajesh Kumar Singh and Nandan Mandayam CHICAGO, May 27 (Reuters) - United Airlines CEO Scott Kirby said on Wednesday the carrier does not expect to pursue airline consolidation for the foreseeable future, weeks after American Airlines rebuffed his approach for a potential merger. Speaking at... Read More.

Fed’s Cook says she is prepared to raise rates if inflation doesn’t ease

Wednesday, May 27 by SRN News

By Ann Saphir May 27 (Reuters) - Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran war and a surge in AI-related investment pushing prices higher, she... Read More.

Carlyle CEO sees market for defense investments as ‘unlimited’

Wednesday, May 27 by SRN News

By Isla Binnie NEW YORK, May 27 (Reuters) - Investment firm Carlyle sees limitless opportunity to invest in the defense sector as governments globally hike military spending, Chief Executive Harvey Schwartz said on Wednesday. The total addressable market for a new dedicated unit that the firm... Read More.

Federal judge drops charges against ex-Fox executive in soccer corruption case

Wednesday, May 27 by SRN News

NEW YORK (AP) - A federal judge dismissed charges against a convicted former Fox television executive Wednesday after a prosecutor said charges brought in a U.S.-led effort to battle corruption in international soccer "doesn't fit within" the priorities of the Trump administration. Judge Pamela K.... Read More.

Fed watchdog looking at reappointment process for central bank’s regional presidents

Wednesday, May 27 by SRN News

By Michael S. Derby NEW YORK, May 27 (Reuters) - The Federal Reserve's in-house watchdog said on Wednesday it's looking into how the U.S. central bank's Board of Governors reappoints the regional Fed presidents and their deputies to respective five-year terms. The Inspector General said in... Read More.

Uber raises stake in Delivery Hero to 24.99%, filing shows

Wednesday, May 27 by SRN News

FRANKFURT, May 27 (Reuters) - Uber has raised its stake in Germany's Delivery Hero to 24.99% from 19.5%, according to a regulatory filing published on Wednesday. A separate regulatory filing showed Delivery Hero shareholder Aspex has lowered its stake to 7.56% from 14.55%. (Reporting by Christoph... Read More.

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity

Wednesday, May 27 by SRN News

By Nupur Anand and Manya Saini NEW YORK, May 27 (Reuters) - JPMorgan Chase's expenses for this year could be $1 billion higher than earlier estimates, which could potentially crimp its profitability, CEO Jamie Dimon said on Wednesday. The bank raised its full-year 2026 expense forecast... Read More.

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Baseball players ask for expanded free agency, salary arbitration rights, almost doubling minimum

Bayer sued for allegedly monopolizing US market for GMO corn seeds

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

United Airlines CEO rules out consolidation push after American rebuff

Fed’s Cook says she is prepared to raise rates if inflation doesn’t ease

Carlyle CEO sees market for defense investments as ‘unlimited’

Federal judge drops charges against ex-Fox executive in soccer corruption case

Fed watchdog looking at reappointment process for central bank’s regional presidents

Uber raises stake in Delivery Hero to 24.99%, filing shows

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity

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