Business

Fed rate-hike voices swell before July decision, rates still seen on hold

Friday, July 17 by SRN News

By Ann Saphir July 17 (Reuters) - Cleveland Fed President Beth Hammack on Friday added her voice to a growing chorus of policymakers arguing interest rates may need to rise to beat back persistent inflation, setting up a charged debate at the Fed's next meeting... Read More.

The US plans to auction off sections of water around American Samoa in a push for deep-sea mining

Friday, July 17 by SRN News

SAN JUAN, Puerto Rico (AP) - The U.S. government plans to auction off massive sections of water surrounding American Samoa for potential deep-sea mining in an unprecedented move that is expected to draw criticism from many countries. The area of the water surface planned to... Read More.

FAA says Boeing can resume self-certifying its jets as airworthy

Friday, July 17 by SRN News

Boeing will be allowed to take responsibility for certifying all of its 737 Max and 787 planes starting next week, the Federal Aviation Administration said Friday. The FAA said that after months of review the agency decided that Boeing's final safety checks on its... Read More.

Abbott investigates two separate cyber incidents, says no operations affected

Friday, July 17 by SRN News

By Padmanabhan Ananthan July 17 (Reuters) - Abbott Laboratories is investigating two cyber incidents involving unauthorized access to some internal systems at its cancer diagnostics business and its LabCentral portal, the company said on Friday, adding that its operations were not affected. No other businesses, sites... Read More.

US oil firms sign deals with Iraq to develop alternative shipping routes

Friday, July 17 by SRN News

WASHINGTON (AP) - U.S. companies signed roughly $60 billion in agreements and partnerships with the Iraqi government Friday, including deals intended to create alternative routes for shipping oil out of the Persian Gulf. The deals, signed at the U.S. Chamber of Commerce, also involved... Read More.

Boeing keeps 20-year forecast for jet demand steady, shrugs off Iran war impact

Friday, July 17 by SRN News

By Dan Catchpole FARNBOROUGH, England, July 18 (Reuters) - Boeing maintained its forecast for strong global demand for new commercial aircraft over the next 20 years, according to the U.S. planemaker's market projection released in England on Saturday, ahead of the Farnborough Airshow. The U.S.... Read More.

Trump Media pitched $100,000 monthly fee for fast feed of US president’s posts, FT reports

Friday, July 17 by SRN News

July 17 (Reuters) - Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the U.S. president's posts on his Truth Social platform, the Financial Times reported on Friday. Trump Media & Technology Group... Read More.

Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports

Friday, July 17 by SRN News

July 17 (Reuters) - Apple and the U.S. Department of Justice are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws, Bloomberg News reported on Friday. Reuters could not immediately verify the report. (Reporting by Jaspreet Singh... Read More.

Fairlife pauses US production after cyberattack breached milk brand’s systems

Friday, July 17 by SRN News

NEW YORK (AP) - Milk brand Fairlife is pausing its production in the U.S. after a ransomware cyberattack breached the company's systems. Coca-Cola, which owns Fairlife, announced Thursday that its dairy company had identified "unauthorized access by a third party" to a portion of its... Read More.

Aston Martin says it is in talks for potential funding to boost liquidity

Friday, July 17 by SRN News

July 17 (Reuters) - Luxury carmaker Aston Martin said on Friday it has ongoing discussions with potential financing providers, following a media report that it is in talks with lenders including BlackRock-owned HPS Investment Partners.Here are some details: • The company said it regularly... Read More.

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Current Weather

Fed rate-hike voices swell before July decision, rates still seen on hold

The US plans to auction off sections of water around American Samoa in a push for deep-sea mining

FAA says Boeing can resume self-certifying its jets as airworthy

Abbott investigates two separate cyber incidents, says no operations affected

US oil firms sign deals with Iraq to develop alternative shipping routes

Boeing keeps 20-year forecast for jet demand steady, shrugs off Iran war impact

Trump Media pitched $100,000 monthly fee for fast feed of US president’s posts, FT reports

Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports

Fairlife pauses US production after cyberattack breached milk brand’s systems

Aston Martin says it is in talks for potential funding to boost liquidity

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