Business

Asian stocks jump after Wall Street soars on renewed hopes of Iran war end

Wednesday, April 1 by SRN News

HONG KONG (AP) - Asian shares were sharply higher Wednesday after U.S. stocks soared to their best day since last spring on renewed hopes that the Iran war could soon end. South Korea's Kospi surged 5.2% to 5,312.45 in early trading, while Tokyo's Nikkei 225... Read More.

Insider trading in prediction markets is among CFTC priorities, top cop says

Wednesday, April 1 by SRN News

By Chris Prentice NEW YORK, March 31 (Reuters) - The U.S. Commodity Futures Trading Commission will focus on policing market misconduct such as insider trading in prediction markets and market manipulation in energy markets, the agency's new enforcement director said on Tuesday. The agency will focus... Read More.

New Zealand’s Fonterra admits ‘grass-fed’ label may mislead shoppers after Greenpeace lawsuit

Wednesday, April 1 by SRN News

April 1 (Reuters) - New Zealand's Fonterra said on Wednesday it had settled a lawsuit filed by environmental group Greenpeace by admitting the label on one of its products was likely to mislead some shoppers about what its cows were actually fed. Greenpeace... Read More.

SpaceX lines up 21 banks for mega IPO, code-named project Apex

Wednesday, April 1 by SRN News

(In paragraph 6, inserts dropped word "active") By Echo Wang March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years. The listing,... Read More.

Xiaomi co-founder Lin Bin buys 1% of the Miami Dolphins at a record valuation

Wednesday, April 1 by SRN News

MIAMI GARDENS, Fla. (AP) - Lin Bin, the co-founder and vice chairman of Xiaomi, is buying a 1% stake in the Miami Dolphins along with other assets belonging to owner Stephen Ross at a record valuation of $12.5 billion, the team announced Tuesday. The minority,... Read More.

Environmental groups accuse Mexico of lying about origins of oil spill in the Gulf

Wednesday, April 1 by SRN News

MEXICO CITY (AP) - Environmentalist groups accused Mexico's government of lying about the origins of a massive oil spill in the Gulf of Mexico, something authorities promptly denied. The spill of off the coast of the southern Veracruz state has spread more than 373 miles... Read More.

Dollar stays stable after Trump says Iran war could finish soon

Wednesday, April 1 by SRN News

By Satoshi Sugiyama TOKYO, April 1 (Reuters) - The dollar was largely steady on Wednesday, with gains from safe-haven demand fading, as U.S. President Donald Trump said the war with Iran could wind down within weeks, though conflicting signals on the conflict kept investors on... Read More.

Stephen Curry, Warren Buffett team up for philanthropic project, shooting lessons

Wednesday, April 1 by SRN News

SAN FRANCISCO (AP) - Warren Buffett wants Stephen Curry to teach him to shoot, and the lesson is already in the works. Curry isn't sure where to start but plans to acquire some video ahead of time to prepare for training the 95-year-old Buffett,... Read More.

Nike results top estimates as turnaround shows uneven progress

Tuesday, March 31 by SRN News

(Corrects syntax in headline) By Savyata Mishra March 31 (Reuters) - Nike beat expectations for third-quarter earnings on Tuesday, as the sportswear giant's turnaround efforts showed some signs of progress, particularly in its wholesale business, even as weakness in China and margin pressure persisted. Under CEO Elliott... Read More.

Beyond Meat misses quarterly results estimates on persistent demand struggles

Tuesday, March 31 by SRN News

March 31 (Reuters) - Faux meat maker Beyond Meat missed Wall Street estimates for fourth-quarter sales and posted a larger-than-expected operating loss on Tuesday due to sluggish demand for its higher-priced processed food products. Beyond Meat has struggled to revive the initial enthusiasm for its... Read More.

Current Weather

Asian stocks jump after Wall Street soars on renewed hopes of Iran war end

Insider trading in prediction markets is among CFTC priorities, top cop says

New Zealand’s Fonterra admits ‘grass-fed’ label may mislead shoppers after Greenpeace lawsuit

SpaceX lines up 21 banks for mega IPO, code-named project Apex

Xiaomi co-founder Lin Bin buys 1% of the Miami Dolphins at a record valuation

Environmental groups accuse Mexico of lying about origins of oil spill in the Gulf

Dollar stays stable after Trump says Iran war could finish soon

Stephen Curry, Warren Buffett team up for philanthropic project, shooting lessons

Nike results top estimates as turnaround shows uneven progress

Beyond Meat misses quarterly results estimates on persistent demand struggles

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