Business

Spirit Airlines’ talks on $500 million US rescue financing stall, Bloomberg News reports

Tuesday, April 28 by SRN News

April 28 (Reuters) - Discussions over a potential $500 million U.S. government rescue financing for Spirit Airlines have hit an impasse, Bloomberg News reported on Tuesday, citing sources. A group of lenders, including hedge fund Citadel, is pushing back against proposed terms that could significantly... Read More.

Tracy Sturdivant, the Ms. Foundation’s next leader, wants to expand the feminist funder’s coalition

Tuesday, April 28 by SRN News

NEW YORK (AP) - It is rare, the Ms. Foundation's next leader acknowledged, for a Black woman to take the helm of a major nonprofit from another Black woman. It is even rarer, she noted, for that organization to be financially healthy. And yet that... Read More.

Stocks retreat on Iran, AI concerns as Fed meeting looms

Tuesday, April 28 by SRN News

By Gregor Stuart Hunter SINGAPORE, April 29 (Reuters) - Markets got off to an uneven start in Asian trading on Wednesday as worries about the Iran conflict and health of the AI sector dominated ahead of the Federal Reserve's decision and earnings from tech megacap... Read More.

Goldman Sachs bars Hong Kong bankers from Anthropic AI use, FT reports

Tuesday, April 28 by SRN News

April 28 (Reuters) - Goldman Sachs has barred its bankers in Hong Kong from using Anthropic's AI models, the Financial Times reported on Tuesday, citing people familiar with the matter. Employees of the U.S. bank were unable to access Claude models as of a few... Read More.

Bill Ackman’s Pershing Square raises $5 billion for new US fund

Tuesday, April 28 by SRN News

April 28 (Reuters) - Bill Ackman's Pershing Square has raised $5 billion for its new closed-end fund that is part of a combined U.S. initial public offering of the alternative asset management company, the firm said on Tuesday. The IPO marks the realization of... Read More.

Walmart in Mexico eyes World Cup push as profit ticks up in first quarter

Tuesday, April 28 by SRN News

MEXICO CITY, April 28 (Reuters) - Walmart's Mexico and Central America unit on Tuesday reported a slight rise in first-quarter net profit, beating analyst forecasts, as strong growth in Mexico and online sales helped offset rising costs and weaker results in Central America. The retailer,... Read More.

Booking Holdings cuts annual revenue growth forecast as Middle East war weighs

Tuesday, April 28 by SRN News

By Anshuman Tripathy April 28 (Reuters) - Booking Holdings cut its annual revenue growth forecast on Tuesday and warned that the war in the Middle East could weigh on bookings through the end of June, sending shares of the online travel agency down about... Read More.

Mexican media giant Televisa beats earnings forecasts despite satellite slump

Tuesday, April 28 by SRN News

By Sarah Morland MEXICO CITY, April 28 (Reuters) - Mexican broadcaster Grupo Televisa, a top producer of Spanish-language content, on Tuesday posted a first-quarter net profit that more than tripled from a year earlier, as it expanded margins despite shrinking revenue. The better-than-expected results set Televisa... Read More.

Robinhood’s quarterly profit misses estimates on weak transaction revenue

Tuesday, April 28 by SRN News

April 28 (Reuters) - Robinhood Markets missed expectations for first-quarter profit on Tuesday, as weaker-than-expected transaction revenue and lower take rates in options and cryptocurrency trading overshadowed growth in customer assets and deposits. Shares of the online brokerage fell over 8% in extended trading. The... Read More.

Joby flies first point-to-point air taxi flight tests in New York

Tuesday, April 28 by SRN News

By David Shepardson April 28 (Reuters) - Joby Aviation is conducting a week-long test of the first point-to-point air taxi demonstration flights in New York City as the company gets closer to winning government approval to deploy commercial electric vertical takeoff and landing aircraft. The tests... Read More.

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Current Weather

Spirit Airlines’ talks on $500 million US rescue financing stall, Bloomberg News reports

Tracy Sturdivant, the Ms. Foundation’s next leader, wants to expand the feminist funder’s coalition

Stocks retreat on Iran, AI concerns as Fed meeting looms

Goldman Sachs bars Hong Kong bankers from Anthropic AI use, FT reports

Bill Ackman’s Pershing Square raises $5 billion for new US fund

Walmart in Mexico eyes World Cup push as profit ticks up in first quarter

Booking Holdings cuts annual revenue growth forecast as Middle East war weighs

Mexican media giant Televisa beats earnings forecasts despite satellite slump

Robinhood’s quarterly profit misses estimates on weak transaction revenue

Joby flies first point-to-point air taxi flight tests in New York

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