Business

JPMorgan sexual harassment lawsuit dismissed, refiling expected

Friday, July 17 by SRN News

NEW YORK, July 17 (Reuters) - A New York state judge dismissed a lawsuit by a former JPMorgan Chase banker who in graphic terms said his former supervisor coerced him into sex and demanded his submissiveness, though the lawsuit is expected to be refiled... Read More.

Private credit roundup – Discounts show the cost of getting out

Friday, July 17 by SRN News

By Patturaja Murugaboopathy July 17 (Reuters) - Pressure in private markets is showing up in an uncomfortable place: the gap between what funds say their assets are worth and what investors may have to accept to get out now. Cox Capital Partners this week launched... Read More.

US equity funds suffer outflows as chip stocks slide

Friday, July 17 by SRN News

July 17 (Reuters) - U.S. equity funds recorded outflows in the week through July 15, as a selloff in chip stocks and rising U.S.-Iran tensions, outweighed strong corporate earnings and cooler inflation readings. They sold U.S. equity funds of a net $4.8 billion logging their... Read More.

Botswana says Anglo picks De Beers buyer, weighs options for “optimal structure”

Friday, July 17 by SRN News

By Brian Benza GABORONE, July 17 (Reuters) - Anglo American has chosen a preferred buyer for its stake in diamond producer De Beers, with Botswana weighing whether to exercise its right of first refusal either on its own, with Anglo's chosen bidder, or alongside a... Read More.

US import prices unexpectedly rise in June

Friday, July 17 by SRN News

WASHINGTON, July 17 (Reuters) - U.S. import prices unexpectedly rose in June as declines in the costs of food and energy products were more than offset by higher prices for capital and consumer goods, leading to the largest annual increase in imported inflation in... Read More.

Zoox recalls self-driving cars because they may not detect smoke

Friday, July 17 by SRN News

WASHINGTON, July 17 (Reuters) - Amazon.com self-driving car unit Zoox said Friday it will recall 105 autonomous vehicles because they may not detect heavy smoke and could impede emergency personnel. Last week, the top U.S. auto safety official said self-driving car companies must quickly... Read More.

Global equity funds draw inflows for the eighth week on earnings optimism

Friday, July 17 by SRN News

July 17 (Reuters) - Global equity funds attracted inflows for an eighth consecutive week through July 15, as investor risk appetite was lifted by a strong start to the earnings season and cooler U.S. inflation data that eased expectations of Federal Reserve rate hikes. Investors... Read More.

Intuitive Surgical falls as Obamacare concerns rekindle medtech demand debate

Friday, July 17 by SRN News

(This story has been republished to change an image, with no changes to text) July 17 (Reuters) - Intuitive Surgical shares fell more than 12% before the bell on Friday after it maintained its global growth forecast for procedures performed with its da Vinci surgical... Read More.

Casino earnings put focus on dealmaking amid slower sector growth

Friday, July 17 by SRN News

By Megavarshini G. Somasundaram and Anshuman Tripathy July 17 (Reuters) - Investors will likely pay closer attention to potential dealmaking than earnings when U.S.-based casino operators prepare to report second-quarter results, as growth in the sector becomes scarce. Mergers and acquisitions, according to analysts, have... Read More.

Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleets

Friday, July 17 by SRN News

By Julie Zhu HONG KONG, July 17 (Reuters) - Three Chinese airlines will buy a combined 95 Airbus aircraft for a total list price of about $17.8 billion, as carriers in the world's second-largest aviation market push to expand capacity and modernise their fleets with... Read More.

Current Weather

JPMorgan sexual harassment lawsuit dismissed, refiling expected

Private credit roundup – Discounts show the cost of getting out

US equity funds suffer outflows as chip stocks slide

Botswana says Anglo picks De Beers buyer, weighs options for “optimal structure”

US import prices unexpectedly rise in June

Zoox recalls self-driving cars because they may not detect smoke

Global equity funds draw inflows for the eighth week on earnings optimism

Intuitive Surgical falls as Obamacare concerns rekindle medtech demand debate

Casino earnings put focus on dealmaking amid slower sector growth

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