Business

ConocoPhillips signs 20-year LNG deal with Venture Global

Thursday, October 1 by SRN News

Oct 1 (Reuters) - Venture Global and ConocoPhillips said on Thursday they had signed a 20-year liquefied natural gas (LNG) supply agreement under which ConocoPhillips will buy 1 million tonnes a year of LNG starting in 2030. The deal comes as ConocoPhillips looks to bolster... Read More.

Boeing white-collar workers approve contract offer, averting strike fears

Thursday, October 1 by SRN News

By Shivansh Tiwary and Dan Catchpole SEATTLE, Oct 1 (Reuters) - Boeing's largest white-collar union said on Thursday its members approved a sweetened contract offer, ending fears that a strike would stall work on two long-delayed jetliners and slow the pace of aircraft deliveries. The... Read More.

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Thursday, October 1 by SRN News

By Danielle Kaye and Angela Christy M Oct 1 (Reuters) - Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected... Read More.

Alaska LNG could cost more than double Gulf Coast rivals, raising questions over economics

Thursday, October 1 by SRN News

By Curtis Williams HOUSTON, Oct 1 (Reuters) - US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a... Read More.

Stocks find footing as Treasury yields ease

Thursday, October 1 by SRN News

By Stephen Culp NEW YORK, Oct 1 (Reuters) - Wall Street embarked on a new quarter with a nominally higher close on Thursday as the benchmark US Treasury yield eased back from multi-year highs after seven straight days of gains. After a raft of generally upbeat... Read More.

Global M&A deal rush fades in third quarter as rising borrowing costs bite

Thursday, October 1 by SRN News

By Anousha Sakoui and Echo Wang LONDON/NEW YORK, Oct 1 (Reuters) - M&A activity in the last three months totalled $993 billion, down 41% compared to the second quarter of 2026, marking the first quarter to fall below $1 trillion since the second quarter... Read More.

US Navy awards RTX’s Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns

Thursday, October 1 by SRN News

By Mike Stone WASHINGTON, Oct 1 (Reuters) - RTX's Raytheon unit won a multiyear contract worth up to $24.4 billion to produce Standard Missile-6 interceptors for the US Navy, the service said on Thursday, as the Pentagon pushes to replenish munitions stockpiles depleted by conflicts... Read More.

Wall Street Closes With Stocks Higher

Thursday, October 1 by SRN News

(New York, NY) - Wall Street is closing with stocks higher to start the month of October. Oil prices saw a jump today, with Brent crude trading around four-point-six percent higher at a little over 102-dollars barrel. U.S. West Texas Intermediate futures rose about... Read More.

Disney plans restructuring of television business, WSJ reports

Thursday, October 1 by SRN News

Oct 1 (Reuters) - Walt Disney plans a restructuring of its television business that could result in hundreds of layoffs and the consolidation of divisions, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Media companies have been cutting costs as... Read More.

Fed’s Kashkari expects more rate hikes, unsure on need to act this month

Thursday, October 1 by SRN News

By Michael S. Derby NEW YORK, Oct 1 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said on Thursday that he expects additional rate increases will be needed to restrain the economy going into 2027, though he is unsure about whether the next move should... Read More.

Current Weather

ConocoPhillips signs 20-year LNG deal with Venture Global

Boeing white-collar workers approve contract offer, averting strike fears

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Alaska LNG could cost more than double Gulf Coast rivals, raising questions over economics

Stocks find footing as Treasury yields ease

Global M&A deal rush fades in third quarter as rising borrowing costs bite

US Navy awards RTX’s Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns

Wall Street Closes With Stocks Higher

Disney plans restructuring of television business, WSJ reports

Fed’s Kashkari expects more rate hikes, unsure on need to act this month

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