Business

US activist investors must disclose clients in filings, SEC says

Friday, July 10 by SRN News

By Svea Herbst-Bayliss NEW YORK, July 10 (Reuters) - Activist investors in the U.S. must disclose the identities of their clients in regulatory filings, the Securities and Exchange Commission said in a move that may rattle hedge funds by requesting information they have long fought... Read More.

BUSINESS HEADLINES

Friday, July 10 by SRN News

US stocks rise as Wall Street shows it's still hungry for AI winners NEW YORK (AP) - U.S. stocks ticked higher after Wall Street showed its appetite is still big for winners of the artificial-intelligence boom. The S&P 500 rose 0.4% Friday and closed out... Read More.

New York Times countersues US employment agency over DEI lawsuit

Friday, July 10 by SRN News

By Daniel Wiessner NEW YORK, July 10 (Reuters) - The New York Times in a court filing on Friday accused the U.S. Equal Employment Opportunity Commission of illegally retaliating against the newspaper for its coverage of President Donald Trump's administration by suing it for passing... Read More.

Occidental’s quarterly realized oil prices jump amid Iran war disruption

Friday, July 10 by SRN News

July 10 (Reuters) - Shale producer Occidental Petroleum said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven by higher benchmark crude rates amid the Middle East conflict. ... Read More.

Holtec Nuclear Corporation files for US IPO amid surging power demand

Friday, July 10 by SRN News

July 10 (Reuters) - Energy company Holtec Nuclear Corporation filed for an initial public offering in the U.S. on Friday, seeking to capitalize on investor enthusiasm for nuclear power businesses amid an AI-linked electricity demand surge and government support for carbon-free energy. The U.S. IPO... Read More.

Global oil demand is dropping, but US drivers keep buying more gas

Friday, July 10 by SRN News

NEW YORK (AP) - Global oil demand is set to decline this year for the first time since the height of the COVID-19 pandemic in 2020, according to a report from the International Energy Agency. The drop, which the agency expects to amount to about... Read More.

An islandwide blackout strikes Cuba for the second time this week as its grid crumbles

Friday, July 10 by SRN News

HAVANA (AP) - An islandwide blackout struck Cuba on Friday for the second time this week as the nation of nearly 10 million people grapples with a crumbling power grid and fuel shortages stemming from a U.S. energy blockade. While total blackouts have become increasingly... Read More.

US pain at the pump worsens after more US-Iran fighting lifts oil prices

Friday, July 10 by SRN News

By Nicole Jao NEW YORK, July 10 (Reuters) - U.S. drivers have seen gasoline prices climb again after weeks of steady declines, as renewed fighting between the U.S. and Iran lifted crude oil prices to their biggest weekly rise in eight weeks. Disruptions in the... Read More.

Fashion retailer Tailored Brands reveals paperwork for US IPO

Friday, July 10 by SRN News

July 10 (Reuters) - Fashion retailer Tailored Brands made public its paperwork for an initial public offering in the U.S. on Friday. The listing comes as the U.S. IPO market has benefited from stronger equity markets, improving valuations and demand for AI capital. Houston, Texas-based Tailored... Read More.

AT&T reaches $184.1 million settlement with employees over pension plan

Friday, July 10 by SRN News

July 10 (Reuters) - AT&T agreed to pay $184.1 million to settle a lawsuit accusing the telecommunications company of shortchanging about 300,000 current and former employees out of pension payments, court papers show. • A preliminary settlement of the proposed class action was filed on... Read More.

Current Weather

US activist investors must disclose clients in filings, SEC says

BUSINESS HEADLINES

New York Times countersues US employment agency over DEI lawsuit

Occidental’s quarterly realized oil prices jump amid Iran war disruption

Holtec Nuclear Corporation files for US IPO amid surging power demand

Global oil demand is dropping, but US drivers keep buying more gas

An islandwide blackout strikes Cuba for the second time this week as its grid crumbles

US pain at the pump worsens after more US-Iran fighting lifts oil prices

Fashion retailer Tailored Brands reveals paperwork for US IPO

AT&T reaches $184.1 million settlement with employees over pension plan

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