Business

Honda records its first-ever annual loss on a costly EV strategy

Thursday, May 14 by SRN News

TOKYO (AP) - Honda racked up a 423.9 billion yen ($2.7 billion) loss Thursday, the first-ever full year loss for the Japanese automaker, acknowledging heavy costs for its electric-vehicle plans, stemming from President Donald Trump's pro-U.S. policies. The Japanese automaker said losses related to its... Read More.

Denver runway fatality reveals a weakness in airport security

Thursday, May 14 by SRN News

In less than three minutes, an intruder exploited a security gap at one of the nation's busiest airports and stepped into the path of an airplane hurtling down a Colorado runway with 231 people aboard. The 41-year-old man slipped unnoticed past motion detectors in a... Read More.

Samsung Electronics urges union to resume talks as strike threat looms

Thursday, May 14 by SRN News

SEOUL, May 14 (Reuters) - Samsung Electronics on Thursday proposed that its South Korean labour union resume pay talks after government-mediated negotiations fell apart, a union leader said, citing a letter from the company. South Korea's Labour Commission also called... Read More.

After bombs, blackouts and bank restrictions, Gaza’s digital workers are still coding

Thursday, May 14 by SRN News

GAZA CITY, Gaza Strip (AP) - As Israeli drones buzz overhead and ambulance sirens wail in the distance, Tarik Zaeem stays hunched over his laptop, working through lines of code for a Saudi valet parking app, debugging its barcode reader. On weekdays he walks through... Read More.

Trump and DeSantis sued over donation of Miami land for extravagant presidential library

Thursday, May 14 by SRN News

Miami residents sued President Donald Trump, Miami Dade College and Florida state officials on Wednesday, alleging that the decision to donate an iconic stretch of downtown Miami property for Trump's future presidential library - which might also house a hotel - is unconstitutional. The lawsuit... Read More.

Citadel tells key researchers to relocate from Hong Kong or quit, FT reports

Wednesday, May 13 by SRN News

May 13 (Reuters) - Hedge fund Citadel has moved some of its core researchers out of Hong Kong, the Financial Times reported on Wednesday. Hong Kong has long established itself as a bridge between China and the rest of the world, and is a key... Read More.

Blackstone data center REIT raises $1.75 billion in US IPO

Wednesday, May 13 by SRN News

May 13 (Reuters) - A newly formed Blackstone data center real estate investment trust has raised $1.75 billion in its U.S. initial public offering, it said on Wednesday. Blackstone Digital Infrastructure Trust, which will focus on acquiring newly constructed data centers, sold 87.5 million shares... Read More.

Oil edges up ahead of Trump-Xi meeting in Beijing

Wednesday, May 13 by SRN News

By Sam Li and Lewis Jackson BEIJING, May 14 (Reuters) - Oil prices edged up on Thursday as investors awaited a meeting between U.S. President Donald Trump and Chinese President Xi Jinping later in the day as traders focused on the Iran war. Brent crude... Read More.

Australian court finds grocery chain Coles misled shoppers in discount lawsuit

Wednesday, May 13 by SRN News

SYDNEY, May 14 (Reuters) - Australia's No. 2 grocery chain Coles engaged in misleading conduct by increasing the price of hundreds of household items and then advertising discounts that were higher than the original price, a court ruled on Thursday. The Australian Competition and Consumer... Read More.

Trump has fanfare-filled meeting with Xi in China, but major breakthroughs may be elusive

Wednesday, May 13 by SRN News

BEIJING (AP) - President Donald Trump on Thursday kicked off a summit with Chinese leader Xi Jinping that is expected to be long on pageantry and symbolism but unlikely to feature major breakthroughs on key issues like trade, U.S. relations with Taiwan or the... Read More.

Current Weather

Honda records its first-ever annual loss on a costly EV strategy

Denver runway fatality reveals a weakness in airport security

Samsung Electronics urges union to resume talks as strike threat looms

After bombs, blackouts and bank restrictions, Gaza’s digital workers are still coding

Trump and DeSantis sued over donation of Miami land for extravagant presidential library

Citadel tells key researchers to relocate from Hong Kong or quit, FT reports

Blackstone data center REIT raises $1.75 billion in US IPO

Oil edges up ahead of Trump-Xi meeting in Beijing

Australian court finds grocery chain Coles misled shoppers in discount lawsuit

Trump has fanfare-filled meeting with Xi in China, but major breakthroughs may be elusive

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