Business

Exclusive-US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say

Wednesday, June 24 by SRN News

By Chris Prentice, Dawn Kopecki and Isla Binnie WASHINGTON, June 24 (Reuters) - The U.S. Securities and Exchange Commission's enforcement division is probing funds typically used by private equity firms and other money managers to hold on to assets they either cannot or do not... Read More.

US CFOs in survey say firms mostly absorbed oil price shock

Wednesday, June 24 by SRN News

By Howard Schneider WASHINGTON, June 24 (Reuters) - The U.S.-backed war against Iran touched off fears of stagflation last spring, but most company finance chiefs in a recent Federal Reserve survey said the resulting spike in energy costs prompted only small price hikes of their... Read More.

Germany carries out raids in sabotage investigation related to former Gazprom unit

Wednesday, June 24 by SRN News

BERLIN (AP) - German prosecutors said they carried out raids Wednesday in an investigation of a suspected attempt to disrupt the country's gas supply, connected to an opaque maneuver in 2022 involving what was Russian energy giant Gazprom's German unit. Federal prosecutors said police searched... Read More.

Tucker Carlson’s ALP nicotine pouches to launch in Europe, CEO says

Wednesday, June 24 by SRN News

By Emma Rumney LONDON, June 24 (Reuters) - U.S. nicotine pouch brand ALP, which is co-owned by U.S. conservative talk show host Tucker Carlson, will launch sales in 11 European markets from July, its CEO Lorenzo De Plano said. ALP, co-owned by Carlson and Turning Point... Read More.

Trump to meet munitions makers amid push to replenish weapons stockpiles

Wednesday, June 24 by SRN News

By Mike Stone WASHINGTON, June 24 (Reuters) - U.S. President Donald Trump is set to meet munitions makers at the White House on Wednesday as his administration pushes to expand weapons production after military operations in Iran and other conflicts drew down U.S. stockpiles. The United... Read More.

Morning Bid: Bubble or blasphemy?

Wednesday, June 24 by SRN News

By Mike Dolan June 24 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets An 8% plunge in the high-flying U.S. chip stock index on Tuesday marked a jarring injection of volatility into mid-year trading. Memory chipmaker Micron... Read More.

Jeep Cherokee vs Subaru Forester: Edmunds sizes up hybrid SUVs

Wednesday, June 24 by SRN News

Two new hybrid SUVs have hit the market in the last two years from brands known for their outdoorsy images: the Jeep Cherokee and the Subaru Forester. The Jeep Cherokee has been redesigned for 2026 after a three-year hiatus. Notably, every new Cherokee has... Read More.

Ukraine’s latest long-range strikes on Russia hit a major natural gas plant and satellite centers

Wednesday, June 24 by SRN News

KYIV, Ukraine (AP) - Ukrainian forces struck a major natural gas processing plant and two key satellite communications centers in their latest nighttime attack on Russia, Ukraine's General Staff said Wednesday. The operation was part of Ukraine's aerial campaign targeting energy facilities and military industries... Read More.

S&P 500, Nasdaq futures tick up as tech shares stabilize

Wednesday, June 24 by SRN News

June 24 (Reuters) - S&P 500 and Nasdaq futures inched higher on Wednesday after two straight sessions of declines, as investors returned to technology shares following a sharp selloff that saw the Nasdaq 100 lose over $1 trillion in market value. Concerns over lofty... Read More.

FedEx drops on margin hit as investors gauge freight spin-off fortunes

Wednesday, June 24 by SRN News

By Akriti Shah June 24 (Reuters) - FedEx shares slid 7% before the bell on Wednesday, as a margin squeeze at its core delivery segment raised investor worries about the company's transition following the spinoff of its highly profitable trucking unit. FedEx, in a bid to... Read More.

Current Weather

Exclusive-US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say

US CFOs in survey say firms mostly absorbed oil price shock

Tucker Carlson’s ALP nicotine pouches to launch in Europe, CEO says

Trump to meet munitions makers amid push to replenish weapons stockpiles

Morning Bid: Bubble or blasphemy?

Jeep Cherokee vs Subaru Forester: Edmunds sizes up hybrid SUVs

Ukraine’s latest long-range strikes on Russia hit a major natural gas plant and satellite centers

S&P 500, Nasdaq futures tick up as tech shares stabilize

FedEx drops on margin hit as investors gauge freight spin-off fortunes

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