Business

Concerns grow about tariffs in US sanctions bill on Russia

Wednesday, July 15 by SRN News

By Timothy Gardner and Patricia Zengerle WASHINGTON, July 15 (Reuters) - Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it could give President Donald Trump new powers to impose trade measures on India, Japan... Read More.

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook

Wednesday, July 15 by SRN News

By Rajesh Kumar Singh CHICAGO, July 15 (Reuters) - United Airlines said on Wednesday it expected nearly $6 billion in additional fuel expense this year compared with what it estimated at the start of 2026, as a renewed surge in oil prices weighed on its... Read More.

An empty middle seat is the latest perk United Airlines will offer on some flights

Wednesday, July 15 by SRN News

NEW YORK (AP) - United Airlines is trying to attract flyers with another luxurious perk: an empty middle seat. The Chicago-based carrier announced plans this week to roll out a new row of its "Economy Plus" seats with no neighbor in the middle spot -... Read More.

Stacks and stacks of wax packs, now obsolete, summon the joy of baseball-card childhoods

Wednesday, July 15 by SRN News

NEW YORK (AP) - The anticipation. The chase. The powdery, sugar-coated board of gum! For generations of baseball card fans, there was nothing like scrounging up some change and sprinting to the store to buy a wax pack. Some tore the slightly tacky paper wrapper... Read More.

Fed’s Cook says she is prepared to act soon if inflation does not begin to slow

Wednesday, July 15 by SRN News

By Howard Schneider WASHINGTON, July 15 (Reuters) - U.S. Federal Reserve Governor Lisa Cook said on Wednesday she is "prepared to act" if inflation does not soon begin to slow, though she is willing to wait "a bit more time" for that to happen. "I see... Read More.

Amazon to launch its satellite internet in South Africa, seemingly beating out Musk in his homeland

Wednesday, July 15 by SRN News

CAPE TOWN, South Africa (AP) - Amazon said Wednesday that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027, seemingly pushing ahead of Elon Musk's rival Starlink to win business in Africa's most advanced economy. Amazon, which... Read More.

Citigroup estimates revised after bank flags higher expenses, stock tanks

Wednesday, July 15 by SRN News

By Tatiana Bautzer NEW YORK, July 15 (Reuters) - Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half of the year. Despite beating analysts' estimates in the second quarter with a 45% rise... Read More.

Wall Street’s investment banking machine firing on all cylinders

Wednesday, July 15 by SRN News

By Manya Saini July 15 (Reuters) - A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance. The biggest U.S. banks said this week that deal activity is strengthening across their investment banking businesses,... Read More.

Baltics and Poland warn Russia could launch limited military or hybrid provocation against NATO

Wednesday, July 15 by SRN News

VILNIUS, Lithuania (AP) - Lithuania's president said Wednesday that intelligence assessments suggest that Russia is planning potential attacks on critical infrastructure in the Baltic states or Poland. President Gitanas Nausėda said that authorities were monitoring the risk of attacks that could disrupt the country's energy... Read More.

Apple chasing AI chip company deals, The Information reports

Wednesday, July 15 by SRN News

July 15 (Reuters) - Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the matter. Here are some details: • The iPhone maker has approached chip startups to... Read More.

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Current Weather

Concerns grow about tariffs in US sanctions bill on Russia

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook

An empty middle seat is the latest perk United Airlines will offer on some flights

Stacks and stacks of wax packs, now obsolete, summon the joy of baseball-card childhoods

Fed’s Cook says she is prepared to act soon if inflation does not begin to slow

Amazon to launch its satellite internet in South Africa, seemingly beating out Musk in his homeland

Citigroup estimates revised after bank flags higher expenses, stock tanks

Wall Street’s investment banking machine firing on all cylinders

Baltics and Poland warn Russia could launch limited military or hybrid provocation against NATO

Apple chasing AI chip company deals, The Information reports

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