Business

Kansas City Chiefs drop GEHA Field from stadium, return to simply Arrowhead Stadium

Wednesday, August 5 by SRN News

KANSAS CITY, Mo. (AP) - The home of the Kansas City Chiefs will once again be known simply as Arrowhead Stadium. The team announced Wednesday that one of the NFL's iconic venues had shed its official name - GEHA Field at Arrowhead Stadium - after... Read More.

Bank of America tech executive Liu leaving for competitor, memo says

Wednesday, August 5 by SRN News

By Svea Herbst-Bayliss NEW YORK, Aug 5 (Reuters) - Senior Bank of America technology executive Ed Liu has resigned and plans to join a competitor, the bank said in an internal memo on Wednesday. Liu served as vice chairman of technology and global head of software,... Read More.

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Wednesday, August 5 by SRN News

By Pooja Menon Aug 5 (Reuters) - Phillips 66 reported a nearly fourfold jump in second-quarter profit on Wednesday, crushing Wall Street estimates, as the Middle East conflict squeezed global fuel supplies and sent U.S. refining margins soaring. U.S. refiners have been among the biggest... Read More.

Two regional Fed banks to launch pilot survey of private credit market

Wednesday, August 5 by SRN News

Aug 5 (Reuters) - The Dallas and New York Federal Reserve banks plan to launch a pilot survey into the estimated $1.3 trillion private credit market after the end of the third quarter, the New York Fed said in a statement on Wednesday. Private credit's... Read More.

Analysis-US stock market could ride earnings strength to more gains after S&P 500 hits record

Wednesday, August 5 by SRN News

By Lewis Krauskopf NEW YORK, Aug 5 (Reuters) - As the U.S. stock market soars to fresh record highs this week, investors say a powerful corporate profit engine, a reset in high-flying AI shares and still-reasonable valuations can further fuel the rally. The benchmark S&P 500... Read More.

US upstream oil and gas second-quarter dealmaking dives on volatility

Wednesday, August 5 by SRN News

By Georgina McCartney HOUSTON, Aug 5 (Reuters) - Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence, analytics firm Enverus said on Wednesday. "Crude volatility tied... Read More.

Activist investor Starboard takes stake in Shake Shack, source says

Wednesday, August 5 by SRN News

Aug 5 (Reuters) - Activist investor Starboard Value has built a new stake in Shake Shack, a source familiar with the matter told Reuters on Wednesday, sending the company's shares up about 9%. Earlier in the day, the burger chain had reported second-quarter sales... Read More.

DOJ to raise antitrust concerns over investor advice duopoly

Wednesday, August 5 by SRN News

By Jody Godoy Aug 5 (Reuters) - The U.S. Department of Justice plans to rescind decades-old guidance on shareholder proxy advisors' votes, an official said, citing significant antitrust concerns over consolidation in the industry. U.S. President Donald Trump has called for an antitrust probe of... Read More.

Video game giant Electronic Arts closes $55 billion go-private sale of its business

Wednesday, August 5 by SRN News

CHICAGO (AP) - Video game giant Electronic Arts officially has new owners. The California-based maker of popular titles like "Battlefield" and "The Sims" announced Tuesday that it closed the $55 billion sale of its business to Saudi Arabia's sovereign wealth fund PIF, investment firm Silver... Read More.

Google shakes up AI leadership as DeepMind chief shifts role

Wednesday, August 5 by SRN News

By Kenrick Cai SAN FRANCISCO, Aug 5 (Reuters) - Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and several leaders of its Gemini model, including veteran engineer Jeff Dean,... Read More.

Current Weather

Kansas City Chiefs drop GEHA Field from stadium, return to simply Arrowhead Stadium

Bank of America tech executive Liu leaving for competitor, memo says

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Two regional Fed banks to launch pilot survey of private credit market

Analysis-US stock market could ride earnings strength to more gains after S&P 500 hits record

US upstream oil and gas second-quarter dealmaking dives on volatility

Activist investor Starboard takes stake in Shake Shack, source says

DOJ to raise antitrust concerns over investor advice duopoly

Video game giant Electronic Arts closes $55 billion go-private sale of its business

Google shakes up AI leadership as DeepMind chief shifts role

On Air Now

Brian Kilmeade

On Air Next

Erick Erickson

Political News

White House defends Trump’s ability to vote by mail

What to watch for in Tuesday’s voting in Florida, Alaska, California

Florida, Alaska primaries offer early clues to battle for control of Congress

2 Dan Sullivans face off in Alaska’s US Senate primary, which also features a former congresswoman

What to watch Tuesday: Redistricting scrambles Florida as Alaska pits Dan Sullivan v. Dan Sullivan