Business

Disney to eliminate 1,000 jobs

Wednesday, April 15 by SRN News

LOS ANGELES, April 14 (Reuters) - Walt Disney 's new chief executive, Josh D'Amaro, announced layoffs in an email to employees on Tuesday, as he looks to streamline the company's operations. About 1,000 positions will be eliminated, according to a person familiar with the development. The... Read More.

US home builder sentiment drops to seven-month low in April-NAHB

Wednesday, April 15 by SRN News

WASHINGTON, April 15 (Reuters) - U.S. homebuilder sentiment deteriorated in April, hitting a seven-month low as the war with Iran led to higher prices for materials and mortgage rates as well as increased economic uncertainty, a survey showed on Wednesday. The National Association of Home... Read More.

Analysis-Pizza chains Papa John’s and Pizza Hut edge closer to finding new owners, sources say

Wednesday, April 15 by SRN News

By Svea Herbst-Bayliss and Abigail Summerville NEW YORK, April 15 (Reuters) - Two of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs and waning consumer demand are undercutting performance, according to five people... Read More.

EPA may ease regulation of chemical plastic recycling, and environmentalists worry

Wednesday, April 15 by SRN News

The Environmental Protection Agency is reconsidering whether facilities that recycle plastic chemically should be held to the same strict air pollution standards as incinerators. The possible change is alarming environmental advocates who say it would lead to more dangerous pollution spewing into communities, with fewer... Read More.

FDA to weigh easing limits on unproven peptides favored by RFK Jr. and other MAHA figures

Wednesday, April 15 by SRN News

WASHINGTON (AP) - The Food and Drug Administration will hold a meeting this summer to consider easing restrictions on more than a half dozen peptide injections, a group of unapproved therapies that have become popular among wellness influencers, fitness gurus and celebrities. The meeting announcement... Read More.

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends

Wednesday, April 15 by SRN News

Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney... Read More.

As energy costs rise, some states back off ambitious climate goals

Wednesday, April 15 by SRN News

ALBANY, N.Y. (AP) - Seven years ago, New York lawmakers set ambitious goals for slashing greenhouse gas emissions with clarion calls about saving the future. Now, with slow progress made and political realities shifting, Gov. Kathy Hochul is seeking a delay, saying she wants... Read More.

Victory Giant’s $2.2 billion Hong Kong listing seen pricing at top on demand, sources say

Wednesday, April 15 by SRN News

By Yantoultra Ngui SINGAPORE, April 15 (Reuters) - China's Victory Giant is expected to price its Hong Kong share offering at the top of a range at HK$209.88 per share, raising HK$17.5 billion ($2.2 billion), after receiving strong demand from investors, according to two sources... Read More.

Court rules Hancock Prospecting must pay royalties to former partners

Wednesday, April 15 by SRN News

MELBOURNE, April 15 (Reuters) - Hancock Prospecting, owned by Australia's richest person Gina Rinehart, and Rio Tinto must pay what could amount to hundreds of millions of dollars in royalties from iron ore mines to her father's former business partners, a court ruled on... Read More.

China’s vice commerce minister meets Ford executive, urges deeper market presence

Wednesday, April 15 by SRN News

BEIJING, April 15 (Reuters) - China's Vice Commerce Minister Li Chenggang met a senior Ford executive in Beijing this week, urging the U.S. automaker to deepen its presence in the Chinese market, according to a commerce ministry statement on Wednesday. "The Chinese and U.S. automotive... Read More.

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Current Weather

Disney to eliminate 1,000 jobs

US home builder sentiment drops to seven-month low in April-NAHB

Analysis-Pizza chains Papa John’s and Pizza Hut edge closer to finding new owners, sources say

EPA may ease regulation of chemical plastic recycling, and environmentalists worry

FDA to weigh easing limits on unproven peptides favored by RFK Jr. and other MAHA figures

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends

As energy costs rise, some states back off ambitious climate goals

Victory Giant’s $2.2 billion Hong Kong listing seen pricing at top on demand, sources say

Court rules Hancock Prospecting must pay royalties to former partners

China’s vice commerce minister meets Ford executive, urges deeper market presence

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