Business

USDA reports unusually large US beef export sales, raising doubts over data

Thursday, July 2 by SRN News

By Tom Polansek CHICAGO, July 2 (Reuters) - With U.S. beef prices soaring and supplies tight, the U.S. Department of Agriculture surprised meat producers and traders on Thursday by reporting a spike in the nation's export sales, fueling questions over the accuracy of the data. The... Read More.

StubHub sued by fans who say ticket cancellations crushed dreams of going to World Cup

Thursday, July 2 by SRN News

NEW YORK (AP) - After weeks of complaints from frustrated fans, StubHub is being sued by customers who say the ticket reseller's inability to fulfill orders crushed their dreams of going to World Cup. Julia Reeker Moghal and Reuben Renteria, both of California, sued the... Read More.

Pubs in England can stay open until 5 a.m. on Monday to show Mexico game at World Cup

Thursday, July 2 by SRN News

LONDON (AP) - British Prime Minister Keir Starmer says pubs in England and Wales can stay open until 5 a.m. on the night England takes on Mexico in the round of 16 at the World Cup. Calls for an extension to their licensing hours... Read More.

Taylor Swift and Travis Kelce donate $26M to charities ahead of wedding

Thursday, July 2 by SRN News

Taylor Swift and Travis Kelce have donated $26 million to charities this week ahead of their Friday wedding at Madison Square Garden. The donations were spread out across 20 local and national charities, according to Swift's publicist, with many located in areas where the couple... Read More.

Factbox-Hedge funds reap June gains by piling into short bets but lose on oil, sources say

Thursday, July 2 by SRN News

By Nell Mackenzie LONDON, July 2 (Reuters) - Hedge funds trading stocks finished June with double-digit returns for the year so far, helped by their ability to successfully navigate already crowded trades, according to a Goldman Sachs client note seen by Reuters on Thursday. Stockpickers... Read More.

US factory orders fall in May, weighed down by weak demand for commercial aircraft

Thursday, July 2 by SRN News

WASHINGTON, July 2 (Reuters) - New orders for U.S. factory goods fell in May amid a decline in bookings for commercial aircraft, but demand elsewhere remained strong, partly driven by investment in artificial intelligence. Factory orders dropped 1.3% after an upwardly revised 5.3% jump... Read More.

Heat adds to strains on areas with data centers, raising the temperature on AI debates

Thursday, July 2 by SRN News

LOWELL, Mass. (AP) - Eileen Castle's swimming pool, the only one for blocks around, was once a refuge for neighborhood children on hot summer days. But even as temperatures soared this week, Castle, 82, said she won't be filling the pool - not with the... Read More.

Russian fuel crisis prompts rush for electric cars

Thursday, July 2 by SRN News

By Ekaterina Maksimova and Gleb Stolyarov MOSCOW, July 2 (Reuters) - A Moscow car dealership is struggling to keep up with demand for new electric vehicles as drivers look to sidestep a fuel crisis that has led to long queues and soaring prices across much... Read More.

Wall St opens higher after June jobs report eases rate-hike bets

Thursday, July 2 by SRN News

July 2 (Reuters) - Wall Street's main indexes opened higher on Thursday after a softer-than-expected employment report for June tempered expectations for interest-rate hikes by the Federal Reserve. The Dow Jones Industrial Average rose 90.0 points, or 0.17%, at the open to 52,395.22. The S&P... Read More.

Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates

Thursday, July 2 by SRN News

July 2 (Reuters) - Lucid Group missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest leadership change at the struggling electric-vehicle maker since it appointed a new CEO in April. De Bock will replace Taoufiq Boussaid,... Read More.

Current Weather

USDA reports unusually large US beef export sales, raising doubts over data

StubHub sued by fans who say ticket cancellations crushed dreams of going to World Cup

Pubs in England can stay open until 5 a.m. on Monday to show Mexico game at World Cup

Taylor Swift and Travis Kelce donate $26M to charities ahead of wedding

Factbox-Hedge funds reap June gains by piling into short bets but lose on oil, sources say

US factory orders fall in May, weighed down by weak demand for commercial aircraft

Heat adds to strains on areas with data centers, raising the temperature on AI debates

Russian fuel crisis prompts rush for electric cars

Wall St opens higher after June jobs report eases rate-hike bets

Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates

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