Business

Minnesota governor signs order to stop any mining efforts in Boundary Waters wilderness

Tuesday, August 18 by SRN News

ELY, Minn. (AP) - Minnesota Gov. Tim Walz on Tuesday suspended state work on proposed mining projects in the Boundary Waters Canoe Area Wilderness, four months after Congress and President Donald Trump's administration lifted a federal ban. The cherished wild area stretches for about 150... Read More.

US stocks open lower as Iran stalemate lifts oil, yields

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Wall Street's main indexes opened lower on Tuesday, as diminishing prospects for a peace deal between the U.S. and Iran kept oil prices elevated and government bond yields at multi-year peaks. The Dow Jones Industrial Average fell 105.3 points, or 0.20%,... Read More.

US and Canada hold last-minute talks to stop Trump’s 50% tariffs

Tuesday, August 18 by SRN News

(AP) - A high-stakes trade showdown between the United States and Canada is heading toward a midnight deadline, as President Donald Trump continues pressing America's northern neighbor for what supporters say is a fairer and more balanced trading relationship. The White House and Canadian Prime... Read More.

Dodgers owner Mark Walter’s insurer to cut $6.5 billion in investments

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Los Angeles Dodgers owner Mark Walter's Delaware Life Insurance Co is set to cut as much as $6.5 billion in investments in his businesses, the holding company for the billionaire said on Tuesday. Walter's business empire is being investigated by U.S.... Read More.

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Einride AB said it expects revenue growth rate to more than double in the second half of the year and announced a deal to add 500 Tesla Semi trucks to its fleet, sending its shares soaring 17% in premarket trading... Read More.

Goldman Sachs to buy LCN Capital Partners in up to $410 million deal

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Goldman Sachs will buy commercial real estate investor LCN Capital Partners for as much as $410 million, the Wall Street bank said on Tuesday. Goldman will pay about $260 million upfront for LCN, with a further potential payout of up to... Read More.

American Airlines to restore seatback screens, add premium seats in profit push

Tuesday, August 18 by SRN News

By Rajesh Kumar Singh CHICAGO, Aug 18 (Reuters) - American Airlines said on Tuesday it would add more premium seats and restore seatback entertainment screens on its narrowbody jets, stepping up its bet on higher-spending travelers as it tries to narrow a wide profit gap... Read More.

Disney, ABC sue US regulator over threats to broadcast licenses

Tuesday, August 18 by SRN News

By David Shepardson WASHINGTON, Aug 18 (Reuters) - Disney and its ABC unit sued the Federal Communications Commission on Tuesday to block an early review of licenses for eight ABC stations, arguing the Trump administration is trying to punish the network over its broadcast content. President... Read More.

US stock futures fall as fading Iran peace prospects drive up oil, yields

Tuesday, August 18 by SRN News

By Shashwat Chauhan and Purvi Agarwal Aug 18 (Reuters) - Futures tied to the S&P 500 and Nasdaq slipped on Tuesday, with oil holding near recent highs and government bond yields hitting multi-year peaks as chances of a peace deal between the U.S. and Iran... Read More.

Analysis-As US debt mounts, investors demand higher returns to lend

Tuesday, August 18 by SRN News

By Gertrude Chavez-Dreyfuss, Ankur Banerjee and Harry Robertson NEW YORK/SINGAPORE/LONDON, Aug 18 (Reuters) - Persistently higher yields at U.S. Treasury auctions are increasing the cost of refinancing debt and funding future deficits, as investors demand greater compensation to absorb Washington's borrowing needs, raising questions about... Read More.

Current Weather

Minnesota governor signs order to stop any mining efforts in Boundary Waters wilderness

US stocks open lower as Iran stalemate lifts oil, yields

US and Canada hold last-minute talks to stop Trump’s 50% tariffs

Dodgers owner Mark Walter’s insurer to cut $6.5 billion in investments

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Goldman Sachs to buy LCN Capital Partners in up to $410 million deal

American Airlines to restore seatback screens, add premium seats in profit push

Disney, ABC sue US regulator over threats to broadcast licenses

US stock futures fall as fading Iran peace prospects drive up oil, yields

Analysis-As US debt mounts, investors demand higher returns to lend

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