Business

Leaders of France and Greece say the EU’s defense splurge is no alternative to the NATO alliance

Saturday, April 25 by SRN News

ATHENS, Greece (AP) - The European Union's ongoing push to bolster its own defensive capabilities isn't intended to spawn an alternative to the NATO alliance but to answer a long-standing U.S. call for the continent to take charge of its own security, the French... Read More.

Don’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

Saturday, April 25 by SRN News

WASHINGTON (AP) - President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn't pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet.... Read More.

Teck quarterly profit beats estimates on record copper sales, higher prices

Saturday, April 25 by SRN News

April 23 (Reuters) - Teck Resources on Thursday beat analysts' estimates for first-quarter profit, aided by an increase in copper prices and record sales, while the company's proposed merger with Anglo American remained on track. The Canadian miner said it expects the Middle East conflict... Read More.

Iran war hits Asia’s polyester suppliers to global fast fashion

Saturday, April 25 by SRN News

By Dhwani Pandya, Sumit Khanna , Helen Reid and Ruma Paul SURAT, India, April 24 (Reuters) - A surge in fossil fuel prices since the Iran war is squeezing polyester suppliers and garment makers across India and Bangladesh, threatening to raise costs for fast-fashion retailers... Read More.

EU considers helping with Mideast energy infrastructure to bypass conflict zones

Friday, April 24 by SRN News

NICOSIA, Cyprus (AP) - A painful fuel crunch and soaring oil and gas prices triggered by the Iran war have nudged the European Union to look hard into funding alternative energy routes in the Middle East to circumvent hot spots like the Strait of... Read More.

Trump sends envoys to Islamabad as Iran rules out direct talks

Friday, April 24 by SRN News

ISLAMABAD (AP) - U.S. envoys are expected to travel to Pakistan on Saturday in a new bid to salvage ceasefire talks with Tehran, even as Iran ruled out direct negotiations with U.S. representatives as its top diplomat arrived in Islamabad. The latest effort to broker... Read More.

Screenwriters overwhelmingly approve a 4-year contract with Hollywood studios

Friday, April 24 by SRN News

LOS ANGELES (AP) - Members of the screenwriters union overwhelmingly ratified a four-year agreement with Hollywood studios and streamers on Friday, bringing an end to a surprisingly smooth and quick process that brought a prolonged strike the last time around. Union leaders said 90% voted... Read More.

CFTC sues New York to block oversight of prediction markets

Friday, April 24 by SRN News

By Jonathan Stempel NEW YORK, April 24 (Reuters) - The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets and Gemini Titan of promoting gambling. In a... Read More.

Altman apologizes after OpenAI failed to alert police before Tumbler Ridge killings

Friday, April 24 by SRN News

VANCOUVER, British Columbia (AP) - The head of OpenAI has written a letter apologizing that his company didn't alert law enforcement about the online behavior of a person who shot and killed eight people in Tumbler Ridge, British Columbia. In the letter posted Friday, Sam... Read More.

US to hold public hearings on April 28-29 related to probes of forced labor

Friday, April 24 by SRN News

April 24 (Reuters) - The U.S. Trade Representative's office said on Friday it would hold public hearings next week regarding a set of ongoing Section 301 unfair trade practices investigations into dozens of countries suspected of failing to act to prevent imports of... Read More.

Current Weather

Leaders of France and Greece say the EU’s defense splurge is no alternative to the NATO alliance

Don’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

Teck quarterly profit beats estimates on record copper sales, higher prices

Iran war hits Asia’s polyester suppliers to global fast fashion

EU considers helping with Mideast energy infrastructure to bypass conflict zones

Trump sends envoys to Islamabad as Iran rules out direct talks

Screenwriters overwhelmingly approve a 4-year contract with Hollywood studios

CFTC sues New York to block oversight of prediction markets

Altman apologizes after OpenAI failed to alert police before Tumbler Ridge killings

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