Business

TE forecasts higher profit but warns of price hikes due to Iran war

Wednesday, April 22 by SRN News

By Anshuman Tripathy April 22 (Reuters) - TE Connectivity projected third-quarter profit above Wall Street expectations on Wednesday, but warned it may have to pass higher raw-material costs on to customers if conflict in the Middle East continued to disrupt supply chains. Shares of the... Read More.

EU close to approving release of $106B loan to Ukraine after months of deadlock

Wednesday, April 22 by SRN News

BRUSSELS (AP) - European Union envoys gathered on Wednesday with most cautiously optimistic that a massive loan to help meet Ukraine's military and financial needs for the next two years is close to being approved after months of deadlock. Meeting in Brussels, the envoys assessed... Read More.

From paint to planes, Iran war lifts costs, darkens outlooks

Wednesday, April 22 by SRN News

By Dimitri Rhodes, Yadarisa Shabong and Dominique Vidalon LONDON, April 22 (Reuters) - Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is driving up costs, disrupting supply chains and hurting consumer confidence, clouding financial outlooks. The... Read More.

Boston Scientific cuts 2026 profit forecast, trims revenue growth view

Wednesday, April 22 by SRN News

April 22 (Reuters) - Medical device maker Boston Scientific cut its annual profit forecast on Wednesday, overshadowing a first-quarter earnings and revenue beat, while its shares were little changed after earlier volatility. The Marlborough, Massachusetts-based company now expects 2026 adjusted profit of $3.34 to $3.41... Read More.

CME Group profit rises as market volatility drives hedging demand

Wednesday, April 22 by SRN News

April 22 (Reuters) - CME Group reported a rise in first-quarter profit on Wednesday, as heightened market volatility drove investors to the derivatives exchange to hedge their positions against economic uncertainty. The Chicago-based exchange operator benefited from increased trading volumes in its interest rate and... Read More.

Philip Morris trims annual profit forecast amid nicotine pouch uncertainty

Wednesday, April 22 by SRN News

April 22 (Reuters) - Philip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and rising competition in tobacco products. Still, its shares rose nearly 3% in premarket trade after the company beat expectations for first-quarter sales... Read More.

Edmunds: These are the best midsize trucks for off-roading in 2026

Wednesday, April 22 by SRN News

Automakers have been introducing an increasing number of off-road-capable variants of their pickups. These trucks come with a slew of upgraded components that greatly enhance a truck's ability to climb up hills and clamber over rocks without sustaining damage. While these components are available... Read More.

Climate doom and gloom? Try laughing instead. Activists embrace joy in the fight to save Earth

Wednesday, April 22 by SRN News

When several different team-building groups shared space at a retreat center in New York's Hudson Valley, one bunch of people stood out because of their constant laughter - so much that someone from another group eventually asked, "Who are you guys?" They were activists meeting... Read More.

US investors crave predictability after Orban’s overnight law changes

Wednesday, April 22 by SRN News

By Gergely Szakacs BUDAPEST, April 22 (Reuters) - U.S. investors in Hungary are hoping for a return to predictable policymaking after years of abrupt law changes and ad hoc measures, following centre-right opposition leader Peter Magyar's landslide victory over Prime Minister Viktor Orban. The American Chamber... Read More.

Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say

Wednesday, April 22 by SRN News

By Karen Freifeld April 22(Reuters) - Micron Technology, the largest U.S. memory chipmaker, is a driving force pushing the U.S. Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with... Read More.

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Current Weather

TE forecasts higher profit but warns of price hikes due to Iran war

EU close to approving release of $106B loan to Ukraine after months of deadlock

From paint to planes, Iran war lifts costs, darkens outlooks

Boston Scientific cuts 2026 profit forecast, trims revenue growth view

Philip Morris trims annual profit forecast amid nicotine pouch uncertainty

Edmunds: These are the best midsize trucks for off-roading in 2026

Climate doom and gloom? Try laughing instead. Activists embrace joy in the fight to save Earth

US investors crave predictability after Orban’s overnight law changes

Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say

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