Business

Judge approves $106 million settlement over deadly 2019 Hard Rock Hotel collapse in New Orleans

Thursday, August 6 by SRN News

A judge approved a $106 million settlement Thursday that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans. The 18-story hotel project partially collapsed in October 2019, killing three people and damaging... Read More.

Trump likely to reject US industry requests for quicker polysilicon tariff, source says

Thursday, August 6 by SRN News

WASHINGTON, Aug 6 (Reuters) - The Trump administration is expected to spurn requests from some U.S. solar manufacturers for a speedier timeline to put in place a new price floor and tariff on imports of polysilicon products, a person familiar with the matter said. A... Read More.

Airbnb posts higher quarterly revenue on global travel demand, World Cup boost

Thursday, August 6 by SRN News

By Aishwarya Jain and Doyinsola Oladipo Aug 6 (Reuters) - Vacation rental company Airbnb posted a rise in second-quarter revenue on Thursday, helped by strong global demand for travel and a boost from first time users during the FIFA World Cup hosted in the U.S.,... Read More.

Instacart forecasts key quarterly metrics above estimates as demand strengthens

Thursday, August 6 by SRN News

Aug 6 (Reuters) - Instacart forecast third-quarter gross transaction value and core profit above analysts' estimates on Thursday, as consumers increasingly embrace the convenience of online grocery deliveries and pursue deals in a tough spending environment. Faced with sticky inflation and broader macroeconomic uncertainties, shoppers... Read More.

Exclusive-Deutsche hires Liu from Bank of America as global head of TMT, sources say

Thursday, August 6 by SRN News

By Milana Vinn and Svea Herbst-Bayliss NEW YORK, Aug 6 (Reuters) - Deutsche Bank has hired a former top Bank of America technology banker as its global head of Technology, Media & Telecommunications, sources familiar with the matter told Reuters. Ed Liu, whose departure from Bank... Read More.

In a post-pandemic world, job candidates feel caught between suits and hoodies

Thursday, August 6 by SRN News

NEW YORK (AP) - The matching blazer and pants Dani McEwen wore to a job interview at an insurance company felt like a smart choice, until she noticed most of the employees had on T-shirts and jeans. "The first thing that went through my mind... Read More.

Protein coffee brand Javvy explores sale, sources say

Thursday, August 6 by SRN News

By Abigail Summerville NEW YORK, Aug 6 (Reuters) - Functional beverage brand Javvy, known for its protein coffee powders, is exploring a sale that could value it at around $1 billion, as demand for protein-rich products grows among consumers, especially those taking GLP-1 weight-loss drugs,... Read More.

Bank of America’s co-head of investment banking Mike Joo to leave firm, memo says

Thursday, August 6 by SRN News

By Saeed Azhar NEW YORK, Aug 6 (Reuters) - Bank of America's co-head of investment banking, Mike Joo, is leaving the firm for an external opportunity, according to an internal memo seen by Reuters, in one of the most high-profile departures at the second-biggest U.S.... Read More.

Jalapeños linked to a US salmonella outbreak are tracked to a Mexican farm and a distributor

Thursday, August 6 by SRN News

NEW YORK (AP) - Jalapeño peppers linked to a multistate salmonella outbreak have been traced back to a grower in Sinaloa, Mexico, federal officials say. At least 345 people in 27 states have been reported getting sick from the salmonella strain linked to the jalapeños.... Read More.

Current Weather

Judge approves $106 million settlement over deadly 2019 Hard Rock Hotel collapse in New Orleans

Trump likely to reject US industry requests for quicker polysilicon tariff, source says

Airbnb posts higher quarterly revenue on global travel demand, World Cup boost

Instacart forecasts key quarterly metrics above estimates as demand strengthens

Exclusive-Deutsche hires Liu from Bank of America as global head of TMT, sources say

In a post-pandemic world, job candidates feel caught between suits and hoodies

Protein coffee brand Javvy explores sale, sources say

Bank of America’s co-head of investment banking Mike Joo to leave firm, memo says

Jalapeños linked to a US salmonella outbreak are tracked to a Mexican farm and a distributor

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