Business

Goldman Sachs creates private markets platform for wealthy clients, memo shows

Tuesday, July 21 by SRN News

July 21 (Reuters) - Goldman Sachs has created a new platform as it looks to expand its private market offerings for wealthy clients, according to an internal memo seen by Reuters on Tuesday. The alternative investment platform will be led by Matt Doherty, who will... Read More.

Hawaiian Airlines is increasing capacity on inter-island flights

Tuesday, July 21 by SRN News

By Dan Catchpole FARNBOROUGH, England, July 21 (Reuters) - Hawaiian Airlines announced Tuesday that it is retiring its 19 Boeing 717s, which are all more than 20 years old, and replacing them with larger 737 Next Generation (NG) jets to keep up with growing demand... Read More.

Insurer Chubb posts higher second-quarter profit on strong underwriting business

Tuesday, July 21 by SRN News

July 21 (Reuters) - Property and casualty insurer Chubb reported a rise in second-quarter profit on Tuesday, helped by strong underwriting performance and investment returns. Demand for insurance remained firm in the quarter ended June 30, as households and businesses sought protection from large unexpected... Read More.

Alaska Air forecasts quarterly profit below expectations as jet fuel prices stay high

Tuesday, July 21 by SRN News

July 21 (Reuters) - Alaska Air on Tuesday forecast third-quarter profit below Wall Street estimates as renewed U.S.-Iran fighting drove fuel prices higher, sending the carrier's shares down about 2% in extended trading. The Seattle-based airline expects to break even or post adjusted profit of... Read More.

Gang claims responsibility for hack at Coca-Cola’s fairlife unit

Tuesday, July 21 by SRN News

By Raphael Satter WASHINGTON, July 21 (Reuters) - Hacking gang Anubis claimed credit on Tuesday for an attack on Coca-Cola-owned dairy company fairlife, threatening to publish stolen data unless it received an unspecified ransom. The group made the claim on its dark web site, saying it... Read More.

US Treasury flags Wall Street tax strategies as potentially abusive, Bloomberg News reports

Tuesday, July 21 by SRN News

July 21 (Reuters) - The U.S. Treasury Department has raised concerns about several Wall Street tax strategies, saying it may be "too good to be true", Bloomberg News reported on Tuesday. Treasury officials told an industry gathering in New York that some of these products... Read More.

Interactive Brokers’ quarterly profit leaps on brisk trading

Tuesday, July 21 by SRN News

July 21 (Reuters) - Trading platform Interactive Brokers reported a 35% rise in second-quarter profit on Tuesday, bolstered by elevated trading activity due to a sharp rally in U.S. equity markets during the period. The S&P 500 and Nasdaq posted strong gains during the... Read More.

Wreckage found of Pan Am plane crash that helped lead to today’s safety briefings on every flight

Tuesday, July 21 by SRN News

The wreckage from a Pan Am plane crash in the ocean 74 years ago that helped lead to requirements for the passenger safety briefings on every flight today has been found off the coast of Puerto Rico. The talks flight attendants deliver about how... Read More.

Airbus says seeking more Pratt jet engines in 2027

Tuesday, July 21 by SRN News

FARNBOROUGH, England, July 21 (Reuters) - Airbus said on Tuesday it was pushing for more engines from Pratt & Whitney for 2027 following a tug of war with airlines over supplies and hoped to receive more from alternate supplier CFM, which was already meeting... Read More.

Iraq’s oil minister says US energy deals worth about $200 billion

Tuesday, July 21 by SRN News

BAGHDAD, July 21 (Reuters) - Iraq's oil minister said on Tuesday that agreements signed between the oil ministry and U.S. companies during the Iraqi Prime Minister Ali al-Zaidi's visit to U.S. were estimated at $200 billion. In an interview with Iraqi state television, the minister... Read More.

Current Weather

Goldman Sachs creates private markets platform for wealthy clients, memo shows

Hawaiian Airlines is increasing capacity on inter-island flights

Insurer Chubb posts higher second-quarter profit on strong underwriting business

Alaska Air forecasts quarterly profit below expectations as jet fuel prices stay high

Gang claims responsibility for hack at Coca-Cola’s fairlife unit

US Treasury flags Wall Street tax strategies as potentially abusive, Bloomberg News reports

Interactive Brokers’ quarterly profit leaps on brisk trading

Wreckage found of Pan Am plane crash that helped lead to today’s safety briefings on every flight

Airbus says seeking more Pratt jet engines in 2027

Iraq’s oil minister says US energy deals worth about $200 billion

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