Business

US agency proposes accelerated approval for commercial space missions

Tuesday, July 28 by SRN News

By David Shepardson WASHINGTON, July 28 (Reuters) - The U.S. aviation regulator on Tuesday proposed new rules to speed up approval of commercial space missions like SpaceX's rocket and satellite launches by no longer requiring them to follow provisions of 13 environmental and other... Read More.

Resilient tourists help US travel firms absorb Middle East shock

Tuesday, July 28 by SRN News

By Anshuman Tripathy July 28 (Reuters) - Early earnings reports reveal how travel companies - from hotel chains to cruise operators - have relied on resilient business and leisure demand from Americans, coupled with a short-term boost from the World Cup, to... Read More.

BUSINESS HEADLINES

Tuesday, July 28 by SRN News

Minnesota's first-in-the-nation law banning prediction markets is halted in federal court HARRISBURG, Pa. (AP) - A federal judge has temporarily blocked Minnesota's law banning prediction markets, which was set to take effect Saturday. The decision marks a clash between President Donald Trump's administration and states... Read More.

eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask

Tuesday, July 28 by SRN News

BOSTON (AP) - eBay Inc. agreed to pay almost $50 million to a Massachusetts couple who said former employees of the company targeted them with threats and bizarre anonymous deliveries - including live insects, a funeral wreath and a bloody pig Halloween mask, according... Read More.

Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East

Tuesday, July 28 by SRN News

By Sanskriti Shekhar July 28 (Reuters) - Royal Caribbean raised its annual profit forecast on Tuesday after beating quarterly estimates, sending its shares up 5%, even as it factored in a modest hit to bookings due to the travel disruptions caused by the Middle... Read More.

Chobani must face lawsuit over zero-sugar yogurt claim, US appeals court rules

Tuesday, July 28 by SRN News

By Jonathan Stempel July 28 (Reuters) - A federal appeals court has revived a proposed class-action lawsuit accusing Chobani of deceiving consumers by falsely advertising some of its Greek-style yogurt as sugar free. • The 7th U.S. Circuit Court of Appeals in Chicago ruled on Monday... Read More.

Hedge funds on track for another stellar year on AI boom

Tuesday, July 28 by SRN News

By Anirban Sen NEW YORK, July 28 (Reuters) - Global hedge funds are on track for another blockbuster year, as they look to surpass their returns from 2025 after an artificial intelligence boom buoyed first-half performance for money managers across most investment strategies, according to... Read More.

Soccer-FIFA plans minority stake sale through new $20 billion entity, UEFA not happy

Tuesday, July 28 by SRN News

By Echo Wang and Rohith Nair July 28 (Reuters) - FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer's governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already... Read More.

Yum CEO faces first big test as Taco Bell outbreak clouds earnings

Tuesday, July 28 by SRN News

By Neil J Kanatt and Koyena Das July 28 (Reuters) - Yum Brands earnings on Thursday will offer the clearest view yet of whether a growing cyclospora outbreak linked to Taco Bell has hit sales at the fast-food chain's growth driver. The crisis is new Yum... Read More.

Gucci sales decline slows in boost for Kering’s turnaround efforts

Tuesday, July 28 by SRN News

By Dominique Patton PARIS, July 28 (Reuters) - Sales at Kering's flagship brand Gucci fell 2% in the second quarter from a year earlier, the luxury group said on Tuesday, beating expectations for a bigger drop as U.S. demand for its new handbags offset weaker... Read More.

Current Weather

US agency proposes accelerated approval for commercial space missions

Resilient tourists help US travel firms absorb Middle East shock

BUSINESS HEADLINES

eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask

Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East

Chobani must face lawsuit over zero-sugar yogurt claim, US appeals court rules

Hedge funds on track for another stellar year on AI boom

Soccer-FIFA plans minority stake sale through new $20 billion entity, UEFA not happy

Yum CEO faces first big test as Taco Bell outbreak clouds earnings

Gucci sales decline slows in boost for Kering’s turnaround efforts

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