Business

Open house: Cleveland’s downtown arena part of unique listing on Redfin

Tuesday, March 31 by SRN News

CLEVELAND (AP) - The home of the Cleveland Cavaliers is part of what could be the largest-ever listing on a real estate site. Rocket Arena was put up Tuesday on Redfin as a home listing. The 823,000-square-foot facility in downtown Cleveland has a capacity for... Read More.

WTO cannot address trade imbalances, but US not ready to exit, Greer says

Tuesday, March 31 by SRN News

By David Lawder WASHINGTON, March 31 (Reuters) - The World Trade Organization is unable to deal with the core challenges of the global trading system, but the U.S. is not ready to leave the body, U.S. Trade Representative Jamieson Greer said on Tuesday. Greer, in a... Read More.

US consumer confidence inches up despite soaring gas prices brought on by war in Iran

Tuesday, March 31 by SRN News

WASHINGTON (AP) - U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran. The Conference Board said Tuesday that its consumer confidence index rose modestly to 91.8 in March from 91 in February. The board said that while... Read More.

Activist investor Irenic swoops in on Snap with new stake, shares surge

Tuesday, March 31 by SRN News

By Svea Herbst-Bayliss March 31 (Reuters) - Activist investor Irenic Capital Management said on Tuesday that technology company Snap could be worth at least five times as much as today's valuation but needs to cut costs, optimize its portfolio and use artificial intelligence better. "Snap should... Read More.

European power companies plot US expansion despite past struggles

Tuesday, March 31 by SRN News

By David French and Laila Kearney HOUSTON, March 31 (Reuters) - Several major European power companies are laying out big plans to expand in the United States, as the lure of explosive electricity demand from data centers outweighs a recent history of transatlantic growth setbacks.... Read More.

Lula keeps Alckmin as his running mate for Brazil’s general election in October

Tuesday, March 31 by SRN News

SAO PAULO (AP) - Brazilian President Luiz Inácio Lula da Silva said on Tuesday that he will once again have his past rival and current Vice President Geraldo Alckmin as his running mate for his reelection bid. Lula, an 80-year-old leftist, had been under... Read More.

Jury can’t reach verdict in corruption trial of 2 ex-FirstEnergy executives in $60M bribery scandal

Tuesday, March 31 by SRN News

COLUMBUS, Ohio (AP) - Jurors failed to reach a verdict on Tuesday in the corruption trial of two fired FirstEnergy Corp. executives charged with alleged roles in a $60 million scheme to bribe politicians for a $1 billion nuclear bailout and other favors. The... Read More.

How food shaped Unilever for nearly a century

Tuesday, March 31 by SRN News

March 31 (Reuters) - Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food business at about $44.8 billion, the companies said on Tuesday. The transaction... Read More.

Cholula sauce maker McCormick beats quarterly sales estimates on steady demand

Tuesday, March 31 by SRN News

March 31 (Reuters) - McCormick, which is set to merge with Unilever's food business, beat first-quarter sales estimates on Tuesday, helped by resilient demand for its seasonings and condiments. Value-conscious consumers are increasingly opting to cook at home rather than dining out, driving demand... Read More.

Russian ship carrying oil docks in Cuba, allowed to proceed despite US energy blockade

Tuesday, March 31 by SRN News

HAVANA (AP) - The Russian vessel Anatoly Kolodkin docked Tuesday at the Cuban port of Matanzas laden with 730,000 barrels of oil, marking the first time in three months that an oil tanker reached the island. The administration of U.S. President Donald Trump had... Read More.

Current Weather

Open house: Cleveland’s downtown arena part of unique listing on Redfin

WTO cannot address trade imbalances, but US not ready to exit, Greer says

US consumer confidence inches up despite soaring gas prices brought on by war in Iran

Activist investor Irenic swoops in on Snap with new stake, shares surge

European power companies plot US expansion despite past struggles

Lula keeps Alckmin as his running mate for Brazil’s general election in October

Jury can’t reach verdict in corruption trial of 2 ex-FirstEnergy executives in $60M bribery scandal

How food shaped Unilever for nearly a century

Cholula sauce maker McCormick beats quarterly sales estimates on steady demand

Russian ship carrying oil docks in Cuba, allowed to proceed despite US energy blockade

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