Business

AmEx widens global reach as card acceptance tops 190 million merchant locations

Monday, September 28 by SRN News

By Manya Saini Sept 28 (Reuters) - American Express said on Monday its credit cards can now be used at over 190 million merchant locations worldwide, with acceptance outside the US having more than doubled over the past four years. The expansion attempts to address a... Read More.

US holiday online sales to grow 6.7% as discounts attract shoppers, Adobe Analytics forecasts

Monday, September 28 by SRN News

Sept 28 (Reuters) - US online sales will likely grow 6.7% this holiday season, nearly the same pace as last year, as promotions attract deal-seeking shoppers, Adobe Analytics forecast on Monday. Higher household costs are turning shoppers more selective and value-seeking. Retailers, including Walmart, Kohl's... Read More.

US finalizes new lower fuel economy standards

Monday, September 28 by SRN News

WASHINGTON, Sept 28 (Reuters) - The Trump administration has finalized new lower fuel economy standards, according to a government notice published on Monday said, officially reversing a push by the Biden administration to force automakers to build more fuel-efficient vehicles. (Reporting by David Shepardson;... Read More.

Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir

Monday, September 28 by SRN News

By Svea Herbst-Bayliss Sept 28 (Reuters) - Activist investor Jana Partners is urging Fiserv to more than double its planned cost cuts and use software firm Palantir's products to speed up its own technology transformation program, according to a letter sent to the payments company... Read More.

Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets

Monday, September 28 by SRN News

By Krystal Hu Sept 28 (Reuters) - Seligman Investments has doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that the physical bottlenecks of the artificial intelligence buildout will produce the next wave of large... Read More.

SpaceX’s Starship launches on 14th flight, first headed to orbit

Monday, September 28 by SRN News

By Joey Roulette STARBASE, Texas, Sept 28 (Reuters) - - SpaceX's next-generation Starship rocket lifted off from Texas on Monday for its debut flight to orbit and first operational release of satellites, marking its 14th launch ahead of a routine service that Elon Musk's company... Read More.

Prediction markets’ push into US stocks raises regulatory alarm bells

Monday, September 28 by SRN News

By Douglas Gillison WASHINGTON, Sept 28 (Reuters) - Prediction markets are fast becoming alternative venues for traders to wager on US companies like Tesla and Apple, raising concerns about investor protection and market oversight, according to independent data and regulatory experts. The booming industry pioneered by... Read More.

Analysis-Trump and Xi’s ‘stalemate’ summit was a glitzy gift to China

Monday, September 28 by SRN News

BEIJING/TOKYO/WASHINGTON, Sept 28 (Reuters) - President Donald Trump hoped his pomp-filled summit with Xi Jinping in Washington last week would showcase the strength of his personal relationship with the Chinese leader. Instead, the limited outcomes showed just how far apart Washington and Beijing remain on... Read More.

Wall St futures drop as oil spikes after Trump rejects Iran peace proposal

Monday, September 28 by SRN News

Sept 28 (Reuters) - US stock index futures dropped on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices that rekindled inflation concerns and drove Treasury yields higher. Iran announced a peace proposal... Read More.

Democrats to probe lucrative Trump family business deals if they win midterms

Monday, September 28 by SRN News

By Alexandra Ulmer and Richard Cowan WASHINGTON, Sept 28 (Reuters) - Corporate donors to US President Donald Trump's ballroom and participants in business deals brokered by Trump family members are expected to be among the first targets of investigations if Democrats take control of the... Read More.

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AmEx widens global reach as card acceptance tops 190 million merchant locations

US holiday online sales to grow 6.7% as discounts attract shoppers, Adobe Analytics forecasts

US finalizes new lower fuel economy standards

Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir

Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets

SpaceX’s Starship launches on 14th flight, first headed to orbit

Prediction markets’ push into US stocks raises regulatory alarm bells

Analysis-Trump and Xi’s ‘stalemate’ summit was a glitzy gift to China

Wall St futures drop as oil spikes after Trump rejects Iran peace proposal

Democrats to probe lucrative Trump family business deals if they win midterms

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