Business

Trading Day: Tech outlook is cloudy

Thursday, June 25 by SRN News

By Jamie McGeever ORLANDO, Florida, June 25 (Reuters) - It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap tech... Read More.

Factbox-JPMorgan’s executive reshuffle spotlights Dimon succession plan

Thursday, June 25 by SRN News

By Utkarsh Shetti June 25 (Reuters) - JPMorgan Chase on Thursday named insiders Doug Petno and Troy Rohrbaugh as the bank's co-presidents, in the latest move to pave the way for longtime CEO Jamie Dimon's eventual succession. Dimon, 70, became JPMorgan CEO over two decades... Read More.

Stellantis, Nissan in talks to buy assets from Marelli, Bloomberg News reports

Thursday, June 25 by SRN News

June 25 (Reuters) - Automakers Stellantis and Nissan Motor are in talks to take over some of the assets of the Japanese auto parts supplier Marelli Holdings, Bloomberg News reported on Thursday, citing sources. Reuters could not immediately verify the report. (Reporting by Preetika... Read More.

Fed’s Goolsbee: core inflation still too high, trending wrong way

Thursday, June 25 by SRN News

June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation pressures are still too high and are trending the wrong way. In an... Read More.

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

Thursday, June 25 by SRN News

NEW YORK (AP) - JPMorgan Chase will significantly expand its national "Community Center" program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods. Along with doubling the number of Community Center branches, the... Read More.

Oil prices edge up on new supply worries after cargo ship hit near Oman

Thursday, June 25 by SRN News

By Scott DiSavino NEW YORK, June 25 (Reuters) - Oil prices edged up about 2% on Thursday after a cargo vessel was hit by an unknown projectile near Oman, sparking worries about how long it could take for oil flows in the Middle East to... Read More.

SpaceX plans to build ‘Starpipe’ natural gas pipeline to fuel Starship rockets

Thursday, June 25 by SRN News

By Joey Roulette WASHINGTON, June 25 (Reuters) - SpaceX plans to begin next month building an eight‑mile (13-km) natural gas pipeline called "Starpipe" to its Texas launch facilities, according to county filings, as Elon Musk's company seeks to ramp up launches of its next‑generation Starship... Read More.

Ares caps withdrawals again at flagship $23 billion private credit fund

Thursday, June 25 by SRN News

June 25 (Reuters) - Ares Management again capped withdrawals at its flagship private credit fund after redemption requests rose in the second quarter, according to a filing released Thursday. Investors sought to pull 14.4% of shares from the $22.6 billion Ares Strategic Income Fund (ASIF)... Read More.

Questions about resume gaps are expected. Here’s how job seekers can address them

Thursday, June 25 by SRN News

NEW YORK (AP) - When Monique Di Liberto began looking for a paying job after putting her career on pause to parent full-time, she felt paralyzed by self-doubt. "Who do you think you are trying this after 17 years?" Di Liberto recalled asking herself.... Read More.

MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap

Thursday, June 25 by SRN News

Major League Baseball proposed limiting most free agent contracts to five years and 15% of a team's salary cap and to eliminate deferred compensation, fleshing out additional details of a salary cap plan likely to spark a confrontation with the players' association. During a bargaining... Read More.

Current Weather

Trading Day: Tech outlook is cloudy

Factbox-JPMorgan’s executive reshuffle spotlights Dimon succession plan

Stellantis, Nissan in talks to buy assets from Marelli, Bloomberg News reports

JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas

Oil prices edge up on new supply worries after cargo ship hit near Oman

SpaceX plans to build ‘Starpipe’ natural gas pipeline to fuel Starship rockets

Ares caps withdrawals again at flagship $23 billion private credit fund

Questions about resume gaps are expected. Here’s how job seekers can address them

MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap

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