Business

Exclusive-Emirates to offer incentives, safety assurances as Iran war hits travel

Tuesday, June 9 by SRN News

By Joanna Plucinska BERLIN, June 9 (Reuters) - Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the Gulf airline's President Tim Clark told Reuters on Tuesday. ... Read More.

Marguerite Casey Foundation plans to give at least $50M annually, a rare increase at a time of need

Tuesday, June 9 by SRN News

NEW YORK (AP) - The Marguerite Casey Foundation plans to donate at least $500 million over the next decade, doubling its annual payout as leaders try to spur more urgent grantmaking throughout philanthropy - especially given what it calls the sector's "suffering" under President... Read More.

Embraer sees revenue boost from electric aircraft subsidiary

Tuesday, June 9 by SRN News

SAO JOSE DOS CAMPOS, Brazil, June 9 (Reuters) - Brazilian planemaker Embraer expects electric aircraft subsidiary Eve to contribute $1 billion to $1.5 billion of revenue per year after its production ramp-up, Chief Executive Francisco Gomes Neto said on Tuesday. • Estimate would depend on... Read More.

UK reviewing Palantir’s NHS contract amid pressure to use break clause

Tuesday, June 9 by SRN News

LONDON, June 9 (Reuters) - Britain is conducting a full review of its National Health Service contract with U.S. data analytics firm Palantir, amid growing political pressure for the government to use a break clause at the end of the initial term in early... Read More.

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports

Tuesday, June 9 by SRN News

June 9 (Reuters) - China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers across the country, Bloomberg News reported on Tuesday, as Beijing looks to challenge the U.S. in the intensifying AI race. National... Read More.

Analysis-Short-sellers to tread carefully as Musk’s SpaceX debuts

Tuesday, June 9 by SRN News

By Saqib Iqbal Ahmed NEW YORK, June 9 (Reuters) - Short sellers beware: Elon Musk's SpaceX IPO may be too hot to handle. On the face of it, the company is a natural target for short sellers - investors who sell borrowed shares to profit from... Read More.

Analysis-Fuel price shock to widen product gap between US airlines

Tuesday, June 9 by SRN News

By Rajesh Kumar Singh RIO DE JANEIRO, June 9 (Reuters) - The fuel shock hitting U.S. airlines is doing more than squeezing margins - it is widening a product gap that may take years to close, as stronger carriers keep investing in lounges, premium seating,... Read More.

Morning Bid: Buy the chip

Tuesday, June 9 by SRN News

By Mike Dolan June 9 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Relief rally, dip-buying or a dead cat bounce? However you want to characterize Wall Street's modest rebound on Monday, what is clear is that... Read More.

Wall St futures tick up as chips extend gains

Tuesday, June 9 by SRN News

June 9 (Reuters) - U.S. stock index futures climbed on Tuesday, as chip stocks extended gains for a second day, while easing hostilities in the Middle East also aided sentiment. Nasdaq futures led gains in early trading, with shares of chipmakers Nvidia, Broadcom and Micron... Read More.

The best places to park your short-term investments

Tuesday, June 9 by SRN News

As you consider your options for short-term investments, keep three key items in mind. 1. Yield: The accounts with the highest yields typically require you to maintain a minimum balance. "Teaser" rates may apply to the first few months but drop after that. Additionally,... Read More.

Current Weather

Exclusive-Emirates to offer incentives, safety assurances as Iran war hits travel

Marguerite Casey Foundation plans to give at least $50M annually, a rare increase at a time of need

Embraer sees revenue boost from electric aircraft subsidiary

UK reviewing Palantir’s NHS contract amid pressure to use break clause

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports

Analysis-Short-sellers to tread carefully as Musk’s SpaceX debuts

Analysis-Fuel price shock to widen product gap between US airlines

Morning Bid: Buy the chip

Wall St futures tick up as chips extend gains

The best places to park your short-term investments

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