Business

Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement

Wednesday, April 8 by SRN News

NEW YORK (AP) - A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7, resulting in hundreds of thousands of dollars in profits for these new... Read More.

US court declines to block Pentagon’s Anthropic blacklisting for now

Wednesday, April 8 by SRN News

(Corrects dateline to April 8. No changes to text) By Jack Queen NEW YORK, April 8 (Reuters) - A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now, a win for the Trump administration that comes... Read More.

Constellation Brands posts smaller‑than‑expected quarterly sales drop on steady Mexican beer demand

Wednesday, April 8 by SRN News

April 8 (Reuters) - Corona beer maker Constellation Brands posted a smaller-than-expected drop in fourth-quarter sales on Wednesday, helped by stable demand for its Mexican lager brands such as Pacifico and Victoria. Lower prices and a sharper marketing strategy helped lift demand for the company's... Read More.

US banks could release $320 billion in capital with new draft rules, analysts say

Wednesday, April 8 by SRN News

By Tatiana Bautzer NEW YORK, April 8 (Reuters) - Big U.S. banks may be able to release up to $320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analysts estimated on Wednesday. Analysts led by Morgan Stanley's Manan Gosalia... Read More.

Fed rate cut bets revived, a bit, by Iran war ceasefire

Wednesday, April 8 by SRN News

By Ann Saphir April 8 (Reuters) - Federal Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran conflict has eased concerns about a resurgence of inflation, but with uncertainty over the outlook for... Read More.

Brazil’s Lula argues for ban on online betting platforms

Wednesday, April 8 by SRN News

SAO PAULO (AP) - Brazil's President Luiz Inácio Lula da Silva said on Wednesday he favors a national ban on online betting platforms, whose revenues in the South American nation are estimated at more than $4 billion per year, one of the biggest markets... Read More.

Southwest to fly wine for free in rare perk as airline fees rise

Wednesday, April 8 by SRN News

April 8 (Reuters) - Southwest Airlines will fly wine for free from parts of the U.S. West Coast after launching new flights to California's wine country, in a rare freebie as carriers pile on additional charges to cover high jet fuel costs. A spokesperson for... Read More.

Markets gorge on huge TACO

Wednesday, April 8 by SRN News

By Jamie McGeever ORLANDO, Florida, April 8 (Reuters) - World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran war. The question now is whether this is just a... Read More.

Caterpillar CFO Andrew Bonfield to retire

Wednesday, April 8 by SRN News

April 8 (Reuters) - Caterpillar said on Wednesday CFO Andrew Bonfield would retire, effective October 1, after eight years with the company. The company named Kyle Epley as his successor, effective May 1. Bonfield will be in an advisory role during the transition period. ... Read More.

Iran’s proposal to collect tolls in the Strait of Hormuz violates trade norms

Wednesday, April 8 by SRN News

FRANKFURT, Germany (AP) - To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies. Yet collecting tolls in the strait... Read More.

Current Weather

Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement

US court declines to block Pentagon’s Anthropic blacklisting for now

Constellation Brands posts smaller‑than‑expected quarterly sales drop on steady Mexican beer demand

US banks could release $320 billion in capital with new draft rules, analysts say

Fed rate cut bets revived, a bit, by Iran war ceasefire

Brazil’s Lula argues for ban on online betting platforms

Southwest to fly wine for free in rare perk as airline fees rise

Markets gorge on huge TACO

Caterpillar CFO Andrew Bonfield to retire

Iran’s proposal to collect tolls in the Strait of Hormuz violates trade norms

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