Business

Fidelity beats lawsuit over fees in $439 billion money market fund

Wednesday, March 25 by SRN News

By Jonathan Stempel NEW YORK, March 25 (Reuters) - A federal judge dismissed a lawsuit on Wednesday accusing mutual fund giant Fidelity of cheating many investors in its $439.1 billion Fidelity Government Money Market Fund by keeping them in higher-cost share classes than they were... Read More.

Melania Trump shares the spotlight with a robot at an education and technology event

Wednesday, March 25 by SRN News

WASHINGTON (AP) - First lady Melania Trump often commands the attention of any room she enters but all eyes - and cameras - were trained on her humanoid companion on Wednesday. The humanoid accompanied the first lady as she arrived at the White House... Read More.

EPA approves sale of higher ethanol fuel to try to lower gas prices

Wednesday, March 25 by SRN News

The U.S. Environmental Protection Agency said Wednesday that it would temporarily allow widespread sales of a higher ethanol gas blend in a move that they hope will tamp down consumer prices that have soared since the Iran war began. The sale of E15 is... Read More.

US suspends anti-smog fuel rules in bid to ease pump prices

Wednesday, March 25 by SRN News

By Jarrett Renshaw HOUSTON, March 25 (Reuters) - President Donald Trump's administration announced on Wednesday it will temporarily suspend federal anti-smog regulations on seasonal gasoline blends to combat higher pump prices since the start of the war on Iran. The move by the Environmental Protection Agency... Read More.

JetBlue taps advisers for potential sale, Semafor reports

Wednesday, March 25 by SRN News

March 25 (Reuters) - JetBlue Airways has brought in advisers to assess the viability of a sale to a rival carrier, Semafor reported on Wednesday, citing people familiar with the matter. Shares of the low-cost carrier rose 14%. JetBlue has planned various scenarios on... Read More.

SpaceX IPO leaves some private share buyers unsure what they own

Wednesday, March 25 by SRN News

By Echo Wang and David Jeans NEW YORK, March 25 (Reuters) - Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk's SpaceX. But he can't be 100% sure. When the former Google executive entered the space industry in 2021, SpaceX was already one... Read More.

NYSE American Options resolves technical issue that hit trading, market data

Wednesday, March 25 by SRN News

March 25 (Reuters) - Intercontinental Exchange's NYSE American Options said on Wednesday it has resolved a technical issue that had affected trading, post-trade and market data. "All systems are currently operational," the exchange operator said. (Reporting by Manya Saini in Bengaluru; Editing by Sahal... Read More.

Prime Minister Carney says Air Canada CEO’s English-only condolences lacked compassion

Wednesday, March 25 by SRN News

TORONTO (AP) - Canadian Prime Minister Mark Carney said Wednesday the Air Canada CEO's English-only message of condolence after Sunday's deadly crash in New York showed a lack of compassion and judgement. Air Canada CEO Michael Rousseau is being summoned to testify at Parliament's official... Read More.

Fed reports narrowing $19.6 billion loss for operations in 2025

Wednesday, March 25 by SRN News

NEW YORK, March 25 (Reuters) - The Federal Reserve reported a narrower loss last year in an audited financial statement released on Wednesday. The Fed said that its total comprehensive loss for the full year of 2025 stood at $19.6 billion, versus $77.5 billion in... Read More.

Merck buying Terns in $6.7B deal to bolster its cancer portfolio before key Keytruda patent expires

Wednesday, March 25 by SRN News

Merck is buying oncology company Terns Pharmaceuticals in a deal valued at approximately $6.7 billion as the pharmaceutical giant works on beefing up its cancer portfolio before a key patent on its cancer drug Keytruda expires in two years. Merck received accelerated approval for Keytruda... Read More.

Current Weather

Fidelity beats lawsuit over fees in $439 billion money market fund

Melania Trump shares the spotlight with a robot at an education and technology event

EPA approves sale of higher ethanol fuel to try to lower gas prices

US suspends anti-smog fuel rules in bid to ease pump prices

JetBlue taps advisers for potential sale, Semafor reports

NYSE American Options resolves technical issue that hit trading, market data

Prime Minister Carney says Air Canada CEO’s English-only condolences lacked compassion

Fed reports narrowing $19.6 billion loss for operations in 2025

Merck buying Terns in $6.7B deal to bolster its cancer portfolio before key Keytruda patent expires

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