Business

Wall St set for mixed open ahead of SK Hynix listing; Middle East in focus

Friday, July 10 by SRN News

By Ragini Mathur and Avinash P July 10 (Reuters) - Wall Street indexes set for a mixed open on Friday, as investors awaited the highly anticipated Nasdaq debut of South Korean chip bellwether SK Hynix, while the latest escalations in the Middle East conflict... Read More.

Skoda Auto says it is not directly impacted by VW overhaul plans

Friday, July 10 by SRN News

PRAGUE, July 10 (Reuters) - Skoda Auto, the Czech unit of Volkswagen, does not expect any direct impact from the parent company's overhaul plan to cut capacity and model lines, the company said on Friday. • Volkswagen said on Thursday that it planned to drastically... Read More.

Unclaimed airstrikes target Iran after US attacks, raising questions of who launched them

Friday, July 10 by SRN News

DUBAI, United Arab Emirates (AP) - A series of unclaimed airstrikes that hit Iran after the U.S. said it finished its attacks have again raised questions of who else may be targeting the Islamic Republic. The strikes Thursday, just as Iran prepared to bury the... Read More.

Trump will let bipartisan housing affordability bill become law without his signature in protest over GOP voter ID law

Friday, July 10 by SRN News

(SRN NEWS) - President Donald J. Trump reacts to the latest Housing Bill-fully approved by Congress and sent to the White House. He says he will not sign it as a protest over what he calls the Senate's failure to pass the "Save America... Read More.

Morning Bid: Lather, rinse, retaliate

Friday, July 10 by SRN News

By Anna Szymanski July 10 (Reuters) - From the Editor Hello Morning Bid readers! The Strait of Hormuz briefly faded from the spotlight in recent weeks amid chip stock ructions, World Cup drama, and heat waves, but another round of tit-for-tat strikes between the U.S. and... Read More.

Delta forecast signals airline fare gains can hold despite easing fuel costs

Friday, July 10 by SRN News

By Rajesh Kumar Singh CHICAGO, July 10 (Reuters) - Delta Air Lines reaffirmed its full-year profit forecast and provided a stronger-than-expected third-quarter outlook on Friday, signaling confidence that recent fare gains can hold even as fuel prices ease from this year's highs. The outlook from the... Read More.

Mysterious airstrikes target Iran after US attacks, raising questions of who launched them

Friday, July 10 by SRN News

DUBAI, United Arab Emirates (AP) - A series of mysterious, unclaimed airstrikes that hit Iran after the U.S. said it finished its attacks have again raised questions of who else may be targeting the Islamic Republic. The strikes Thursday, just as Iran prepared to... Read More.

Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Friday, July 10 by SRN News

BERLIN (AP) - Volkswagen reported weak sales numbers on Friday, a day after the giant German automaker announced plans to slash the number of models by nearly half as sales plunged, particularly in China. The Wolfsburg, Germany-based company said group sales fell 8.6% in... Read More.

Inside the U.S. race for drone delivery dominance

Friday, July 10 by SRN News

By Waylon Cunningham and Nicholas P. Brown July 10 (Reuters) - Engineer Beth Flippo uprooted her family in 2021, trading New Jersey for the rambling fields of Ohio, where she had been tapped to run a pilot program delivering groceries via drone for Kroger. It... Read More.

Fed officials fret over inflation risk, weigh rate hikes

Friday, July 10 by SRN News

By Ann Saphir and Howard Schneider SAN FRANCISCO/WASHINGTON, July 10 (Reuters) - The leanest readout of a Federal Reserve policy meeting in years still made clear how concerned U.S. central bank officials remain about inflation and how they will likely react with interest rate hikes... Read More.

Current Weather

Wall St set for mixed open ahead of SK Hynix listing; Middle East in focus

Skoda Auto says it is not directly impacted by VW overhaul plans

Unclaimed airstrikes target Iran after US attacks, raising questions of who launched them

Trump will let bipartisan housing affordability bill become law without his signature in protest over GOP voter ID law

Morning Bid: Lather, rinse, retaliate

Delta forecast signals airline fare gains can hold despite easing fuel costs

Mysterious airstrikes target Iran after US attacks, raising questions of who launched them

Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Inside the U.S. race for drone delivery dominance

Fed officials fret over inflation risk, weigh rate hikes

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