Business

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.

Why a scandal involving money in a couch has South Africa’s president facing possible impeachment

Tuesday, May 26 by SRN News

CAPE TOWN, South Africa (AP) - The leader of Africa's most developed economy faces impeachment proceedings over a scandal from years ago involving around $580,000 in cash that was stashed in a sofa at his game farm and then stolen. South African President Cyril Ramaphosa... Read More.

Consumer confidence dented with gas prices around $4.50 and inflation still elevated

Tuesday, May 26 by SRN News

WASHINGTON (AP) - U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels. The Conference Board's consumer confidence index slipped 0.7 points to 93.1 in May,... Read More.

PayPal’s online checkout empire is under siege as rivals squeeze its core business

Tuesday, May 26 by SRN News

NEW YORK (AP) - PayPal helped invent online checkout. Nearly three decades later, it's struggling to defend its turf. The iconic online payments company is facing its biggest challenge in nearly three decades of existence. Its core business of customers using the app to check... Read More.

What tastes like a Korean pancake and is purple all over? An Oreo inspired by K-pop group BTS

Tuesday, May 26 by SRN News

Oreo is teaming up with K-pop supergroup BTS for a bit of marketing dynamite that capitalizes on consumers' growing interest in global flavors. Mondelez, Oreo's parent company, said Tuesday that BTS-themed Oreos will go on sale June 1 online and June 8 in stores. The... Read More.

Russia maintains attacks on Ukraine, as Kyiv is warned to brace for a possible major barrage

Tuesday, May 26 by SRN News

KYIV, Ukraine (AP) - Russia fired more than 100 drones and two ballistic missiles at Ukraine overnight, the Ukrainian air force said Tuesday, as the country's foreign ministry noted that Moscow's recent threat to hit Kyiv especially hard from the air brought nothing new. Russia... Read More.

Florida insurer Safepoint eyes $1.16 billion valuation in US IPO

Tuesday, May 26 by SRN News

May 26 (Reuters) - Insurer Safepoint said on Tuesday it was targeting a valuation of up to $1.16 billion in its U.S. initial public offering, riding a wave of post-reform Florida insurance growth. The Tampa, Florida-based company and some of its backers are seeking... Read More.

Current Weather

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

Why a scandal involving money in a couch has South Africa’s president facing possible impeachment

Consumer confidence dented with gas prices around $4.50 and inflation still elevated

PayPal’s online checkout empire is under siege as rivals squeeze its core business

Russia maintains attacks on Ukraine, as Kyiv is warned to brace for a possible major barrage

Florida insurer Safepoint eyes $1.16 billion valuation in US IPO

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