Business

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

Tuesday, May 26 by SRN News

By Scott DiSavino NEW YORK, May 26 (Reuters) - Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, a setback to hopes over the weekend that the United States and Iran would reach an agreement to end... Read More.

S&P 500, Nasdaq rise on AI optimism, Micron joins $1 trillion club

Tuesday, May 26 by SRN News

By Saeed Azhar, Twesha Dikshit and Utkarsh Hathi May 26 (Reuters) - The S&P 500 and the Nasdaq traded near record levels on Tuesday, after briefly hitting fresh intraday highs, as AI-fueled optimism offset concerns over Middle East peace talks, which were... Read More.

Factbox-How Trump’s bank regulators are paring back supervision

Tuesday, May 26 by SRN News

By Pete Schroeder and Michelle Price WASHINGTON, May 26 (Reuters) - Republican President Trump's regulators are undertaking the biggest overhaul of bank supervision since the 2008 financial crisis. They say examiners have become too preoccupied with processes and pursuing minor issues, and should focus on... Read More.

Supreme Court rejects Florida’s bid to sue Western states over truck licenses for immigrants

Tuesday, May 26 by SRN News

WASHINGTON (AP) - The Supreme Court on Tuesday rejected Florida's long shot attempt to sue California and Washington state over the issuance of commercial driver licenses to truckers who don't speak English and are not authorized to be in the United States. The case stems... Read More.

Hong Kong proposes issuing 10,000 permits for drivers on ride-hailing apps like Uber

Tuesday, May 26 by SRN News

HONG KONG (AP) - The Hong Kong government on Tuesday proposed issuing 10,000 new vehicle permits for drivers to work for online ride-hailing services like Uber, less than half the amount that industry representatives were hoping for. Hong Kong has about 18,000 licensed taxis and... Read More.

World Cup transit sticker shock hits fans with tickets to matches in some US host cities

Tuesday, May 26 by SRN News

Dubbed the "Sommermärchen," or "Summer Fairy Tale," the 2006 World Cup in Germany was a widely praised showcase for a modern, unified nation that was welcoming to fans from around the globe. Part of that success was the "KombiTicket," which gave fans free access... Read More.

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears

Tuesday, May 26 by SRN News

BOSTON (AP) - Drivers for ride-hailing apps such as Uber and Lyft in Massachusetts became the first in the nation Tuesday to certify a union, marking a milestone in the growing effort to organize gig-economy workers amid ongoing concerns over pay, expenses and working... Read More.

Japan set to start trade talks with Mercosur, Nikkei reports

Tuesday, May 26 by SRN News

May 26 (Reuters) - Japan is set to begin talks with South American trade bloc Mercosur on an economic partnership to seek alternative oil sources, critical minerals and lower auto tariffs, the Nikkei newspaper reported on Tuesday. Japan also plans to wrap up talks with... Read More.

Wall St gains at open as AI optimism overshadows Middle East risks

Tuesday, May 26 by SRN News

May 26 (Reuters) - Wall Street's main indexes opened higher on Tuesday, with AI-fueled optimism overshadowing concerns over Middle East peace talks after recent U.S. strikes on Iran. The Dow Jones Industrial Average rose 106.5 points, or 0.21%, at the open to 50,686.15. The... Read More.

Aerospace parts maker Doncasters files for US IPO

Tuesday, May 26 by SRN News

May 26 (Reuters) - Doncasters, a manufacturer of complex parts for aerospace engines and industrial gas turbines, filed for an initial public offering in the U.S. on Tuesday. The U.S. IPO market has shrugged off geopolitical conflicts, with several large offerings pricing over the past... Read More.

Current Weather

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

S&P 500, Nasdaq rise on AI optimism, Micron joins $1 trillion club

Factbox-How Trump’s bank regulators are paring back supervision

Supreme Court rejects Florida’s bid to sue Western states over truck licenses for immigrants

Hong Kong proposes issuing 10,000 permits for drivers on ride-hailing apps like Uber

World Cup transit sticker shock hits fans with tickets to matches in some US host cities

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears

Japan set to start trade talks with Mercosur, Nikkei reports

Wall St gains at open as AI optimism overshadows Middle East risks

Aerospace parts maker Doncasters files for US IPO

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