Business

American Airlines gets approval to resume regular flights to Venezuela

Thursday, March 5 by SRN News

American Airlines received approval Wednesday to become the first U.S. airline to resume flights to Venezuela. The airline announced its intent to restore service to Venezuela in January on the same day that President Donald Trump ordered the Transportation Department to open up commercial airspace... Read More.

Currencies take a beat as dollar rally pauses

Thursday, March 5 by SRN News

By Rae Wee SINGAPORE, March 5 (Reuters) - The dollar halted its blistering rally on Thursday, providing some reprieve to the battered euro as investors clung on to fragile assumptions that the war in the Middle East may not last as long as initially expected. Investors... Read More.

Robinhood targets wealthy customers with new Platinum credit card

Thursday, March 5 by SRN News

March 4 (Reuters) - Robinhood launched a new credit card for high-income customers on Wednesday, in an attempt to secure a foothold in an industry dominated by heavyweights such as American Express and JPMorgan Chase. The trading platform will charge $695 per year for the... Read More.

South Korean chip industry worried Iran crisis to affect Middle East data center plans

Thursday, March 5 by SRN News

By Heejin Kim SEOUL, March 5 (Reuters) - South Korea's chip industry has raised concerns that a prolonged Iranian crisis may deal a setback to plans by big tech firms to build AI data centres in the Middle East, thus weighing on strong chip demand,... Read More.

US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm

Thursday, March 5 by SRN News

By Alexandra Alper WASHINGTON, March 4 (Reuters) - A bipartisan group of U.S. lawmakers led by Democratic Senator Elizabeth Warren and Republican Tom Cotton on Wednesday raised national security concerns over Intel's testing of chipmaking tools made by ACM Research, as first reported by Reuters. ACM... Read More.

Trading Day: Respite, but for how long?

Thursday, March 5 by SRN News

ORLANDO, Florida, March 4 (Reuters) - U.S. and European stock markets registered solid gains on Wednesday, on hopes that conflict in the Middle East might soon cool, while stabilization in oil and energy markets also helped lay the ground for a rebound in other... Read More.

American Eagle forecasts sales growth above estimates on demand from wealthy shoppers

Thursday, March 5 by SRN News

By Sanskriti Shekhar March 4 (Reuters) - American Eagle Outfitters forecast annual sales above estimates on Wednesday, betting on marketing-driven demand for its apparel and accessories from affluent shoppers, even as pressures linger from import duties in the United States. The company has leaned on... Read More.

Morgan Stanley lays off 2,500 employees across divisions, source says

Thursday, March 5 by SRN News

By Manya Saini March 4 (Reuters) - Investment banking giant Morgan Stanley has laid off about 3% of its workforce, or roughly 2,500 employees, across all divisions, a person familiar with the matter told Reuters on Wednesday. The job cuts were across the bank's three major... Read More.

Johnson & Johnson launches website for direct-to-consumer sales

Thursday, March 5 by SRN News

March 4 (Reuters) - Johnson & Johnson has launched a website to sell some of its drugs directly to U.S. patients who either don't have insurance or pay for their drugs out of pocket. The website, called J&J Direct, lists three drugs: diabetes treatments Invokana... Read More.

Judge orders US Customs to process refunds on illegal Trump tariffs

Thursday, March 5 by SRN News

WASHINGTON, March 4 (Reuters) - A U.S. trade court judge on Wednesday ordered the government to begin paying potentially billions of dollars in refunds to importers who paid tariffs that the Supreme Court said last month were collected illegally. Judge Richard Eaton of the U.S.... Read More.

Current Weather

American Airlines gets approval to resume regular flights to Venezuela

Currencies take a beat as dollar rally pauses

Robinhood targets wealthy customers with new Platinum credit card

South Korean chip industry worried Iran crisis to affect Middle East data center plans

US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm

Trading Day: Respite, but for how long?

American Eagle forecasts sales growth above estimates on demand from wealthy shoppers

Morgan Stanley lays off 2,500 employees across divisions, source says

Johnson & Johnson launches website for direct-to-consumer sales

Judge orders US Customs to process refunds on illegal Trump tariffs

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