Business

Gautam Adani will seek to dismiss US SEC fraud case

Tuesday, April 7 by SRN News

NEW YORK, April 7 (Reuters) - Gautam Adani, India's second richest person, will ask a U.S. judge to dismiss the Securities and Exchange Commission's civil fraud case against him, his lawyers said on Tuesday. Adani and his nephew Sagar Adani were charged by the SEC... Read More.

Inside a huge compound on Thailand-Cambodia border where 10,000 workers scammed people globally

Tuesday, April 7 by SRN News

O'SMACH, Cambodia (AP) - I have often used the word industrial-scale in my own writing to describe the scam compounds that dot the region. But the weight of that phrase truly sunk in at the O'Smach Resort complex that we visited Tuesday. Thailand's military,... Read More.

Deere & Co agrees to pay $99 million to settle ‘right to repair’ lawsuit

Tuesday, April 7 by SRN News

NEW YORK (AP) - Deere & Co. has agreed to pay $99 million as part of a settlement that would resolve a class action lawsuit accusing the farm equipment giant of monopolizing repair services. The Moline, Illinois-based manufacturer, which does business under the John Deere... Read More.

NY Fed March survey finds jump in near-term inflation expectations

Tuesday, April 7 by SRN News

By Michael S. Derby April 7 (Reuters) - Americans, rattled by surging energy prices tied to war in the Middle East, are expecting higher near-term inflation and fresh challenges to their personal financial situations, the Federal Reserve Bank of New York reported on Tuesday. The bank... Read More.

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

Tuesday, April 7 by SRN News

By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran. The Iran war... Read More.

UN to vote on watered-down resolution to open the Strait of Hormuz. Russia and China are key

Tuesday, April 7 by SRN News

UNITED NATIONS (AP) - The U.N. Security Council is scheduled to vote Tuesday on a resolution aimed at reopening the Strait of Hormuz that has been repeatedly watered down because of opposition from Russia and China. But it remains unclear whether they will still... Read More.

Ford recalls more than 400,000 trucks and SUVs because windshield wipers can fail

Tuesday, April 7 by SRN News

Ford Motor Co. is recalling more than 400,000 vehicles because the windshield wiper arms can break, causing reduced visibility and increasing the risk of a crash. The recall covers a total of 422,613 vehicles, including 2021-23 Ford Expeditions and Lincoln Navigators and a range of... Read More.

Delta Air hikes checked baggage fees as jet fuel prices soar

Tuesday, April 7 by SRN News

April 7 (Reuters) - Delta Air Lines said on Tuesday it will raise fees for checked bags on domestic and select short-haul international routes, as airlines seek to offset soaring jet fuel costs linked to escalating tensions in the Middle East. The increase marks the... Read More.

Puig, Estee Lauder founding families to meet for combination talks, source says

Tuesday, April 7 by SRN News

MADRID, April 7 (Reuters) - The founding families of the Spanish firm Puig, which owns such brands as Rabanne and Nina Ricci, and U.S. cosmetics giant Estee Lauder will meet this week in New York to negotiate the terms of a potential business combination,... Read More.

Wall St opens lower ahead of Trump’s Iran deadline

Tuesday, April 7 by SRN News

April 7 (Reuters) - Wall Street's main indexes opened lower open on Tuesday as investors assessed comments from the U.S. and Iran for any clues on where the conflict was headed, before President Donald Trump's deadline for Iran to reopen the Strait of Hormuz. The... Read More.

Current Weather

Gautam Adani will seek to dismiss US SEC fraud case

Inside a huge compound on Thailand-Cambodia border where 10,000 workers scammed people globally

Deere & Co agrees to pay $99 million to settle ‘right to repair’ lawsuit

NY Fed March survey finds jump in near-term inflation expectations

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

UN to vote on watered-down resolution to open the Strait of Hormuz. Russia and China are key

Ford recalls more than 400,000 trucks and SUVs because windshield wipers can fail

Delta Air hikes checked baggage fees as jet fuel prices soar

Puig, Estee Lauder founding families to meet for combination talks, source says

Wall St opens lower ahead of Trump’s Iran deadline

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