Business

The Media Line: Italian PM Warns Iran Hormuz Fee Plan Could Disrupt Global Trade as Coalition Seeks to Secure Strait

Friday, April 10 by SRN News

Italian PM Warns Iran Hormuz Fee Plan Could Disrupt Global Trade as Coalition Seeks to Secure Strait By The Media Line Staff Italian Prime Minister Giorgia Meloni warned that Iran's proposal to impose fees on vessels passing through the... Read More.

IRS touts a 24% increase in tax refunds compared to the previous administration

Friday, April 10 by SRN News

WASHINGTON (AP) - Tax refunds this season are up 24% compared with the four-year average of refunds before President Donald Trump took office, his administration said Thursday - a change credited to Republicans' tax legislation signed into law last year. As the tax season... Read More.

US ETF assets under management to more than double to $25 trillion by 2030, Citigroup says

Thursday, April 9 by SRN News

By Kanchana Chakravarty April 9 (Reuters) - Assets under management for U.S. exchange-traded funds could more than double to $25 trillion by the end of this decade, Citigroup said on Thursday, as investors seek the increasingly popular asset class for low-cost, diversified exposure across markets. As... Read More.

McKinsey to contribute $125 million to Purdue bankruptcy over opioid sales advice

Thursday, April 9 by SRN News

By Dietrich Knauth NEW YORK, April 9 (Reuters) - Consulting firm McKinsey & Co has agreed to contribute $125 million to Purdue Pharma's bankruptcy settlement, resolving potential legal claims over advice it provided to Purdue on how to "turbocharge" sales of its addictive painkiller OxyContin,... Read More.

Paramount seals debt commitments backing Warner Bros deal

Thursday, April 9 by SRN News

By Matt Tracy WASHINGTON, April 9 (Reuters) - Paramount Skydance has syndicated its bridge loan facility and secured permanent financing from a group of banks for its planned $111 billion acquisition of Warner Bros Discovery. In a Thursday filing with the Securities and Exchange Commission, Paramount... Read More.

Tesla’s lower-cost EV plan seen boosting volume, risking margins

Thursday, April 9 by SRN News

By Akash Sriram April 9 (Reuters) - Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing demand, but at the cost of already strained margins. The likely move also reflects the... Read More.

The Media Line: Syria, Jordan, Turkey Sign Deal To Launch Regional Trade Corridor

Thursday, April 9 by SRN News

Syria, Jordan, Turkey Sign Deal To Launch Regional Trade Corridor Rizik Alabi/The Media Line [DAMASCUS] A trilateral memorandum of understanding has been signed by Syria, Jordan and Turkey, aimed at developing the transport sector and enhancing trade and transport links... Read More.

Berkshire unit must face brokerage commission lawsuit despite $250 million settlement, judge rules

Thursday, April 9 by SRN News

By Jonathan Stempel April 9 (Reuters) - A federal judge ruled on Thursday that a Berkshire Hathaway unit must face a proposed antitrust class action claiming it conspired to inflate commissions that home sellers pay real estate agents, even though its HomeServices of America brokerage... Read More.

US spirits maker Sazerac explores deal with Jack Daniel’s owner, WSJ reports

Thursday, April 9 by SRN News

April 9 (Reuters) - Privately held U.S.-based alcoholic beverage maker Sazerac is exploring a deal with Jack Daniel's maker Brown-Forman, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The approach from the owner of brands such as Buffalo Trace bourbon... Read More.

IMF chief warns that Iran war will slow global economic growth

Thursday, April 9 by SRN News

WASHINGTON (AP) - The Iran war is darkening the outlook for the world economy - whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday. IMF Managing Director Kristalina Georgieva said the fund will downgrade its forecast for the... Read More.

Current Weather

The Media Line: Italian PM Warns Iran Hormuz Fee Plan Could Disrupt Global Trade as Coalition Seeks to Secure Strait

IRS touts a 24% increase in tax refunds compared to the previous administration

US ETF assets under management to more than double to $25 trillion by 2030, Citigroup says

McKinsey to contribute $125 million to Purdue bankruptcy over opioid sales advice

Paramount seals debt commitments backing Warner Bros deal

Tesla’s lower-cost EV plan seen boosting volume, risking margins

The Media Line: Syria, Jordan, Turkey Sign Deal To Launch Regional Trade Corridor

Berkshire unit must face brokerage commission lawsuit despite $250 million settlement, judge rules

US spirits maker Sazerac explores deal with Jack Daniel’s owner, WSJ reports

IMF chief warns that Iran war will slow global economic growth

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