Business

China’s Londian Wason valued at $2 billion as shares rise in NYSE debut

Wednesday, August 12 by SRN News

Aug 12 (Reuters) - Copper foil maker Londian Wason New Energy Tech was valued at $2.01 billion in its New York Stock Exchange debut on Wednesday, marking the largest IPO of a Chinese company in the U.S. in more than a year. The Shenzhen-based company's... Read More.

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push

Wednesday, August 12 by SRN News

By Nishit Navin and Jayshree P Upadhyay Aug 12 (Reuters) - Bank of America will acquire as much as 49.9% stake in the non-bank lending arm of Jio Financial Services in a 182.68 billion rupees ($1.92 billion) deal, as the U.S. lender expands its presence... Read More.

Stocks inch up, oil dips as traders eye US-Iran talks

Wednesday, August 12 by SRN News

By Chris Prentice and Samuel Indyk NEW YORK/LONDON, Aug 12 (Reuters) - Global equities were higher on Wednesday and oil prices dipped as traders eyed talks to end the Iran war and U.S. data showing only a slight rise in inflation damped some expectations for... Read More.

Uber invests in Latin American motorcycle lender Galgo to finance gig workers

Wednesday, August 12 by SRN News

By Kylie Madry MEXICO CITY, Aug 12 (Reuters) - Uber will invest in Galgo, a Latin American lender focused on motorcycle purchases, as the ride-hailing giant looks to expand access to vehicles for drivers and couriers, the companies said on Wednesday. • Santiago-based Galgo said... Read More.

The Media Line: What’s Behind US Intervention To Support Japan’s Yen?

Wednesday, August 12 by SRN News

What's Behind US Intervention To Support Japan's Yen? The Iran war, Japan's energy dependence and Tokyo's vast US Treasury holdings have turned the yen's weakness into a concern for Washington By Giorgia Valente / The Media Line The United States' rare decision to join... Read More.

The Media Line: Natural Resources: The Middle East’s Hidden Map of Abundance and Scarcity

Wednesday, August 12 by SRN News

Natural Resources: The Middle East's Hidden Map of Abundance and Scarcity The Middle East, North Africa, and South Africa form a region of extremes: giant oilfields and gas hubs, world-leading phosphate mines and platinum deposits, some of the planet's driest landscapes, and coastlines... Read More.

Jury selection begins in Meta youth harms trial in California federal court

Wednesday, August 12 by SRN News

OAKLAND, Calif. (AP) - Jury selection began Wednesday in Meta's federal trial over claims its platforms have harmed youth mental health and track children in violation of federal law. The trial is scheduled to begin next week and is expected to last six to... Read More.

Google unveils latest Pixel phones with slimmer cameras and more AI features

Wednesday, August 12 by SRN News

Google on Wednesday unveiled its latest lineup of Pixel phones, with slimmer cameras that include more a powerful zoom and artificial intelligence features designed to help users accomplish things with fewer taps and swipes. With the improvements, the search giant hopes to give users... Read More.

Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO

Wednesday, August 12 by SRN News

HONG KONG/LONDON, Aug 12 (Reuters) - Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag. Five... Read More.

Instant View: Market shrugs off in-line July CPI report

Wednesday, August 12 by SRN News

NEW YORK, Aug 12 (Reuters) - U.S. consumer prices increased slightly in July, potentially weakening the argument for an interest rate increase from the Federal Reserve next month. The Consumer Price Index edged up 0.1% last month after dropping 0.4% in June, which was the... Read More.

Current Weather

China’s Londian Wason valued at $2 billion as shares rise in NYSE debut

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push

Stocks inch up, oil dips as traders eye US-Iran talks

Uber invests in Latin American motorcycle lender Galgo to finance gig workers

The Media Line: What’s Behind US Intervention To Support Japan’s Yen?

The Media Line: Natural Resources: The Middle East’s Hidden Map of Abundance and Scarcity

Jury selection begins in Meta youth harms trial in California federal court

Google unveils latest Pixel phones with slimmer cameras and more AI features

Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO

Instant View: Market shrugs off in-line July CPI report

On Air Now

Brian Kilmeade

On Air Next

Erick Erickson

Political News

What to watch for in Tuesday’s voting in Florida, Alaska, California

Florida, Alaska primaries offer early clues to battle for control of Congress

2 Dan Sullivans face off in Alaska’s US Senate primary, which also features a former congresswoman

What to watch Tuesday: Redistricting scrambles Florida as Alaska pits Dan Sullivan v. Dan Sullivan

Florida holds primaries for governor and Congress, testing Trump’s grip on adopted state