Business

Exclusive-Impactive aims to replace WEX CEO on board in proxy fight, sources say

Friday, April 10 by SRN News

By Svea Herbst-Bayliss NEW YORK, April 10 (Reuters) - Impactive Capital is urging WEX shareholders to replace the company's long-serving CEO on its board of directors at next month's annual meeting as the activist investor presses on with a board challenge, according to sources and... Read More.

What the Trump tax breaks giveth, the gasoline pump taketh away

Friday, April 10 by SRN News

By David Lawder WASHINGTON, April 10 (Reuters) - U.S. President Donald Trump in February touted this year's tax refunds as "substantially greater than ever before," thanks to new individual tax breaks approved in 2025, telling taxpayers that they should think of him when the funds... Read More.

US judge extends temporary order halting Nexstar, Tegna merger

Friday, April 10 by SRN News

By David Shepardson WASHINGTON, April 10 (Reuters) - A U.S. judge on Friday extended an order temporarily freezing Nexstar's acquisition of rival broadcast station owner Tegna for another week as he decides whether to issue a preliminary injunction. U.S. District Judge Troy Nunley in Sacramento, California... Read More.

Whirlpool to invest over $60 million in Ohio plant

Friday, April 10 by SRN News

By Timothy Aeppel April 10 (Reuters) - Whirlpool said on Friday it will invest over $60 million in an Ohio factory to produce parts for its washers and dryers. The appliance maker said the factory - which would be its 11th U.S. manufacturing site, and sixth... Read More.

US utility stocks are off to their best start since 2019. Can they keep it up?

Friday, April 10 by SRN News

By Chibuike Oguh NEW YORK, April 10 (Reuters) - U.S. utility stocks marked their strongest start to the year since 2019, benefiting from an investor retreat from riskier assets during the Iran war and strong electricity demand from firms building out artificial intelligence infrastructure. The... Read More.

Jury starts deliberating states’ claim that Live Nation has a monopoly on concerts and ticketing

Friday, April 10 by SRN News

NEW YORK (AP) - Jury deliberations began Friday in an antitrust case pitting 34 states against the concert giant Live Nation Entertainment. The states argue in the civil case that the company and its ticketing arm, Ticketmaster, are monopolizing the industry and driving up prices... Read More.

US earnings season set to test war-rattled stocks

Friday, April 10 by SRN News

By Lewis Krauskopf NEW YORK, April 10 (Reuters) - Investors will seek evidence in the coming week that the U.S. corporate profit engine is humming along, and whether threats to that upbeat business outlook are emerging from the Middle East war and the resulting surge... Read More.

Federal judge extends restraining order on $6.2B merger of local TV giants Nexstar and Tegna

Friday, April 10 by SRN News

A federal judge on Friday extended an emergency restraining order on a $6.2 billion merger between Nexstar Media Group and Tegna for one week while he decides whether a longer block on the deal is needed. Eight state attorneys general and DirecTV sued to... Read More.

Federal court hears new case against Trump’s latest global tariffs

Friday, April 10 by SRN News

NEW YORK (AP) - The centerpiece of President Donald Trump's economic policy - sweeping taxes on global imports - is under legal assault again. The U.S. Court of International Trade, a specialized court in New York, is hearing oral arguments Friday in an attempt... Read More.

Exclusive-Swiss bank Julius Baer initiates search to replace its CFO

Friday, April 10 by SRN News

By Oliver Hirt and Ariane Luthi ZURICH, April 10 (Reuters) - Julius Baer is replacing its chief financial officer, a step that rounds off a shake-up in the private bank's top management since it racked up heavy losses linked to risky lending. The bank confirmed the... Read More.

Current Weather

Exclusive-Impactive aims to replace WEX CEO on board in proxy fight, sources say

What the Trump tax breaks giveth, the gasoline pump taketh away

US judge extends temporary order halting Nexstar, Tegna merger

Whirlpool to invest over $60 million in Ohio plant

US utility stocks are off to their best start since 2019. Can they keep it up?

Jury starts deliberating states’ claim that Live Nation has a monopoly on concerts and ticketing

US earnings season set to test war-rattled stocks

Federal judge extends restraining order on $6.2B merger of local TV giants Nexstar and Tegna

Federal court hears new case against Trump’s latest global tariffs

Exclusive-Swiss bank Julius Baer initiates search to replace its CFO

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