Business

Oil prices rise as no end to Iran war stand-off seems in sight

Monday, April 27 by SRN News

By Anmol Choubey BENGALURU, April 28 (Reuters) - Oil prices extended their gains on Tuesday as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out... Read More.

Weinstein’s Saba Capital to raise new fund, sources say

Monday, April 27 by SRN News

By Svea Herbst-Bayliss NEW YORK, April 27 (Reuters) - Boaz Weinstein's Saba Capital plans to expand its investment activities in public and private business development companies, a type of closed-end fund that invests in small to mid-sized private companies in distressed businesses, with a new... Read More.

Exclusive-JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal

Monday, April 27 by SRN News

By Hadeel Al Sayegh DUBAI, April 27 (Reuters) - JPMorgan and two Kuwaiti lenders are joining HSBC in a $6 billion financing syndicate for prospective buyers of a stake in Kuwait Petroleum Corporation's crude oil pipeline network, three people with knowledge of the matter told... Read More.

Supreme Court seems inclined to allow police to use geofence warrants to identify criminal suspects

Monday, April 27 by SRN News

WASHINGTON (AP) - The Supreme Court on Monday seemed inclined to rule that police could use geofence warrants that collect the location history of cellphone users to find people near crime scenes. The justices heard nearly two hours of arguments in an appeal from Okello... Read More.

Rogers Communications offering buyouts to half its workforce, Globe and Mail reports

Monday, April 27 by SRN News

April 27 - Canadian telecom operator Rogers Communications is offering voluntary departure packages to half of its 25,000 employees, the Globe and Mail reported on Monday. Here are some details: • Rogers on Monday said that employees across numerous business divisions will be offered packages, but... Read More.

The Media Line: US Says 37 Ships Redirected Under Iran Blockade

Monday, April 27 by SRN News

US Says 37 Ships Redirected Under Iran Blockade By The Media Line Staff American forces said Saturday they had redirected 37 ships and intercepted the Sevan in the Arabian Sea as Washington continued enforcing President Donald Trump's blockade on vessels entering... Read More.

Key takeaways from AP’s Summer Movie Preview

Monday, April 27 by SRN News

Hollywood's summer movie season is shaping up to be epic. There are superheroes, franchises and thrillers galore with many of the regulars on the lineup: "Spider-Man," "Minions," "Star Wars" and "Toy Story." But the most eagerly anticipated is not a superhero, toy, or franchise:... Read More.

Supreme Court grapples with multibillion-dollar wave of lawsuits over Roundup cancer claims

Monday, April 27 by SRN News

WASHINGTON (AP) - The Supreme Court seemed divided Monday over whether to block thousands of lawsuits alleging the maker of the weedkiller Roundup failed to warn people it could cause cancer. The case came before the justices after a tidal wave of litigation that... Read More.

Oprah Winfrey’s podcast lands at Amazon as part of multiyear deal

Monday, April 27 by SRN News

NEW YORK (AP) - Oprah Winfrey's podcast is headed to Amazon. Winfrey's production company, Harpo Entertainment, struck a multiyear deal to give Amazon-owned Wondery exclusive distributing and advertising rights to "The Oprah Podcast," the companies announced Monday. Under the agreement, Winfrey's podcast will expand to... Read More.

Jain Global to return investor cash, manage money for Millennium, sources say

Monday, April 27 by SRN News

By Nell Mackenzie April 27 (Reuters) - Jain Global will return all cash to investors and manage money exclusively for Millennium Management under a new agreement, people familiar with the matter told Reuters on Monday, in a major pivot for the hedge fund run by... Read More.

Current Weather

Oil prices rise as no end to Iran war stand-off seems in sight

Weinstein’s Saba Capital to raise new fund, sources say

Exclusive-JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal

Supreme Court seems inclined to allow police to use geofence warrants to identify criminal suspects

Rogers Communications offering buyouts to half its workforce, Globe and Mail reports

The Media Line: US Says 37 Ships Redirected Under Iran Blockade

Key takeaways from AP’s Summer Movie Preview

Supreme Court grapples with multibillion-dollar wave of lawsuits over Roundup cancer claims

Oprah Winfrey’s podcast lands at Amazon as part of multiyear deal

Jain Global to return investor cash, manage money for Millennium, sources say

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