Business

A timeline of the Baltimore bridge collapse that killed 6 people

Tuesday, May 12 by SRN News

The operator of the massive cargo ship that struck Baltimore's Francis Scott Key Bridge is now facing criminal charges for actions leading up to and after the crash that killed six people more than two years ago. The Dali container ship's power loss caused it... Read More.

SpaceX eyes global spaceports as Starship launch ambitions grow ahead of IPO

Tuesday, May 12 by SRN News

May 12 (Reuters) - SpaceX is scouting potential U.S. and overseas locations to build "spaceports", CEO Elon Musk said in a post on X on Tuesday, as the company prepares for a future in which its massive Starship rocket could launch thousands of times... Read More.

Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports

Tuesday, May 12 by SRN News

May 12 (Reuters) - Jack Daniel's maker Brown-Forman has rejected the roughly $15 billion takeover offer from rival Sazerac, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. (Reporting by Neil J Kanatt in Bengaluru; Editing by Shailesh Kuber) Brought to... Read More.

GM’s restart date at Ohio battery plant uncertain

Tuesday, May 12 by SRN News

By Kalea Hall May 12 (Reuters) - A General Motors joint-venture battery company is bringing a small number of workers back to an idled electric-vehicle battery factory in Ohio this month, although plans for recalling hundreds of laid-off workers there remain uncertain. GM and its partner... Read More.

Exclusive-Meta U.S. employees organize protest against mouse tracking tech

Tuesday, May 12 by SRN News

By Katie Paul NEW YORK, May 12 (Reuters) - Meta employees distributed flyers at multiple U.S. offices on Tuesday to protest the company's recent installation of mouse-tracking software on their computers, according to photos seen by Reuters. The flyers encourage staffers to sign an online petition... Read More.

The Cannes Film Festival has started. Here are 5 things that happened on its first day

Tuesday, May 12 by SRN News

CANNES, France (AP) - The 79th Cannes Film Festival launched on Tuesday, marking the start of 12 days of nonstop premieres that will culminate May 23 with the presentation of the prestigious Palme d'Or. Here are five things that happened on Cannes' opening day:... Read More.

French economy resilient but Iran crisis weighs, central bank says in monthly report

Tuesday, May 12 by SRN News

PARIS, May 12 (Reuters) - French companies have so far absorbed the shock from the conflict in the Middle East, but pervasive uncertainty and higher energy costs are beginning to test the economy's resilience, the central bank said on Tuesday in its monthly business... Read More.

April CPI rises more than expected; bond yields climb

Tuesday, May 12 by SRN News

(Corrects first sentence of last comment to remove extraneous words) NEW YORK, May 12 (Reuters) - U.S. consumer prices rose at a brisk clip for a second straight month in April, posting the largest annual increase in inflation in nearly three... Read More.

Wall Street slips as inflation, Iran tensions weigh

Tuesday, May 12 by SRN News

By Stephen Culp and Ragini Mathur NEW YORK, May 12 (Reuters) - The S&P 500 and the Nasdaq eased from record highs on Tuesday as hotter-than-expected inflation data and an increasingly tenuous U.S.-Iran ceasefire prompted investors to take money off the table near the end... Read More.

FCC approves EchoStar sales of 65 megahertz spectrum to SpaceX, 50 megahertz to AT&T

Tuesday, May 12 by SRN News

LOS ANGELES, May 12 (Reuters) - The U.S. Federal Communications Commission's Wireless Telecommunications Bureau and Space Bureau approved EchoStar's sale of approximately 65 megahertz of spectrum to SpaceX and 50 megahertz to AT&T, the agency said in a statement on Tuesday. (Reporting by Christian... Read More.

Current Weather

A timeline of the Baltimore bridge collapse that killed 6 people

SpaceX eyes global spaceports as Starship launch ambitions grow ahead of IPO

Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports

GM’s restart date at Ohio battery plant uncertain

Exclusive-Meta U.S. employees organize protest against mouse tracking tech

The Cannes Film Festival has started. Here are 5 things that happened on its first day

French economy resilient but Iran crisis weighs, central bank says in monthly report

April CPI rises more than expected; bond yields climb

Wall Street slips as inflation, Iran tensions weigh

FCC approves EchoStar sales of 65 megahertz spectrum to SpaceX, 50 megahertz to AT&T

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