Business

Trump seeks to close $1.6 trillion revenue gap with raft of new tariffs

Saturday, March 14 by SRN News

WASHINGTON (AP) - The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the Supreme Court's decision to strike down a range of the president's import taxes. Recovering that lost revenue,... Read More.

Japan, South Korea ready to act against FX volatility, ministers say

Saturday, March 14 by SRN News

TOKYO/SEOUL, March 14 (Reuters) - Japan and South Korea expressed concern on Saturday about the rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility. Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea "expressed serious concern... Read More.

Out of the frying pan? Noma’s Rene Redzepi resigns, and fine dining confronts ‘brigade’ culture

Saturday, March 14 by SRN News

LONDON (AP) - Chef Gordon Ramsay yells at people. His mentor was known for throwing pans and plates. That chef, London's Marco Pierre White, titled his own memoir "The Devil in the Kitchen" - in part for the punishments he meted out to his... Read More.

US, Japan agree on their roles in potential nuclear power project, Westinghouse says

Saturday, March 14 by SRN News

TOKYO, March 14 (Reuters) - The United States and Japan have agreed on the roles they will take in a potential joint nuclear project involving Westinghouse and Japanese nuclear power equipment makers, Dan Lipman, president of global business initiatives at Westinghouse, told Reuters on... Read More.

US bombs military sites on Iranian island as Trump threatens its oil infrastructure

Saturday, March 14 by SRN News

DUBAI, United Arab Emirates (AP) - President Donald Trump said the U.S. destroyed military sites on an island vital to Iran's oil network and warned that its oil infrastructure could be next if Iran continues to interfere with the passage of ships through the... Read More.

Stellantis wins dismissal of shareholder lawsuit in US over ‘channel stuffing’

Saturday, March 14 by SRN News

NEW YORK, March 13 (Reuters) - A U.S. judge on Friday dismissed a lawsuit accusing the automaker Stellantis of defrauding shareholders by failing to disclose how it overloaded retailers with excessive inventory, known as channel stuffing, leading to short-term sales increases and long-term sales... Read More.

What to know about the Jones Act as Trump considers a waiver during the Iran war

Friday, March 13 by SRN News

NEW YORK (AP) - As the U.S. and Israel's war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act. The Jones Act... Read More.

Berkshire opposes shareholder proposal on workforce oversight, reports Buffett’s pay

Friday, March 13 by SRN News

March 13 (Reuters) - Berkshire Hathaway said on Friday its board of directors unanimously urged the rejection of a shareholder proposal that it produce a report on its oversight framework for workforce and human-capital management across the conglomerate's operating businesses. In a proxy statement for... Read More.

EPA moves to weaken pollution limits on chemical used to sterilize medical equipment

Friday, March 13 by SRN News

WASHINGTON (AP) - The Environmental Protection Agency proposed Friday to weaken air pollution limits on a chemical used to sterilize medical equipment, a move that would reverse a Biden administration finding of high cancer risks at manufacturing facilities that use ethylene oxide to clean... Read More.

US fourth-quarter GDP growth revised down to 0.7%

Friday, March 13 by SRN News

WASHINGTON, March 13 (Reuters) - U.S. economic growth slowed more sharply than initially thought in the fourth quarter amid downward revisions to consumer spending and business investment, government data showed on Friday. Gross domestic product increased at a 0.7% annualized rate last quarter, revised down... Read More.

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Current Weather

Trump seeks to close $1.6 trillion revenue gap with raft of new tariffs

Japan, South Korea ready to act against FX volatility, ministers say

Out of the frying pan? Noma’s Rene Redzepi resigns, and fine dining confronts ‘brigade’ culture

US, Japan agree on their roles in potential nuclear power project, Westinghouse says

US bombs military sites on Iranian island as Trump threatens its oil infrastructure

Stellantis wins dismissal of shareholder lawsuit in US over ‘channel stuffing’

What to know about the Jones Act as Trump considers a waiver during the Iran war

Berkshire opposes shareholder proposal on workforce oversight, reports Buffett’s pay

EPA moves to weaken pollution limits on chemical used to sterilize medical equipment

US fourth-quarter GDP growth revised down to 0.7%

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