Business

California bans officials from using inside knowledge to bet on prediction markets

Friday, March 27 by SRN News

By Jasper Ward WASHINGTON, March 27 (Reuters) - California Governor Gavin Newsom on Friday issued an executive order barring state officials from using insider knowledge to bet on prediction markets like Polymarket and Kalshi. The move comes amid concerns that government officials could use inside information... Read More.

Workers’ strike at one of the largest US meatpacking plants will continue for a 3rd week

Friday, March 27 by SRN News

DENVER (AP) - Thousands of striking workers at one of the nation's largest meatpacking plants will extend their walkout to a third week as they push for higher wages and better health care. Industry experts said it's too early to know if the strike that... Read More.

Judge won’t block meeting that could exempt Gulf drilling from Endangered Species Act

Friday, March 27 by SRN News

A judge ruled Friday that the Trump administration can convene a meeting next week to seek an exemption from the Endangered Species Act on the basis of national security for expanded oil and gas drilling in the Gulf of Mexico. District of Columbia District Judge... Read More.

Citigroup said to weigh buying US regional bank, Bloomberg News reports

Friday, March 27 by SRN News

March 27 (Reuters) - Citigroup's top executives are weighing buying a U.S. regional bank, Bloomberg News reported on Friday, as the Wall Street giant looks to wrap up a years-long effort to streamline its sprawling operations. "Senior leaders of the New York-based firm have... Read More.

Japanese yen hits 160 per dollar, weakest since July 2024

Friday, March 27 by SRN News

By Laura Matthews NEW YORK, March 27 (Reuters) - The U.S. dollar strengthened against the yen on Friday, hitting 160 yen for the first time since July 2024, when Japanese officials last intervened to prop up the currency. The dollar was last up 0.22% against the... Read More.

Another PlayStation price hike means the gaming console will cost 30% more than it did last year

Friday, March 27 by SRN News

The price of a PlayStation is going up by another $100, the second time in less than a year that Sony has upped the price tag on its popular gaming console. Citing "continued pressures in the global economic landscape," the Japanese company said that... Read More.

China’s BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown

Friday, March 27 by SRN News

HONG KONG (AP) - Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla's, but its profit fell for the first time since 2021 under pressure from cutthroat competition. BYD, the largest electric vehicle maker, has been expanding into... Read More.

Exclusive-US sends subpoenas in Warner-Paramount antitrust review as probe picks up steam

Friday, March 27 by SRN News

By Jody Godoy March 27 (Reuters) - The U.S. Department of Justice has sent subpoenas in its investigation of Paramount Skydance's acquisition of Warner Bros Discovery, three sources familiar with the matter told Reuters. The inquiries show the DOJ moving ahead with its probe into the... Read More.

Fed’s Paulson says Iran war increases risks to growth, inflation

Friday, March 27 by SRN News

NEW YORK, March 27 (Reuters) - Philadelphia Federal Reserve President Anna Paulson said on Friday the Iran war is creating challenges for the U.S. economy, while stopping short of saying what that might mean for near-term changes in monetary policy. "The conflict in the Middle... Read More.

Cuba’s president expresses concern over 2 missing aid sailboats headed to island

Friday, March 27 by SRN News

MEXICO CITY (AP) - Cuban President Miguel Díaz-Canel expressed concern on Friday for two missing sailboats carrying nine people that were bound for Cuba with humanitarian aid. The Mexican navy said on Thursday night that they were searching for the boats, which departed from Isla... Read More.

Current Weather

California bans officials from using inside knowledge to bet on prediction markets

Workers’ strike at one of the largest US meatpacking plants will continue for a 3rd week

Judge won’t block meeting that could exempt Gulf drilling from Endangered Species Act

Citigroup said to weigh buying US regional bank, Bloomberg News reports

Japanese yen hits 160 per dollar, weakest since July 2024

Another PlayStation price hike means the gaming console will cost 30% more than it did last year

China’s BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown

Exclusive-US sends subpoenas in Warner-Paramount antitrust review as probe picks up steam

Fed’s Paulson says Iran war increases risks to growth, inflation

Cuba’s president expresses concern over 2 missing aid sailboats headed to island

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