Business

Australian regulator flags rising global private credit risks, steps up oversight

Wednesday, May 20 by SRN News

May 21 (Reuters) - Australia's financial regulator warned on Thursday that domestic private credit institutions are exposed to risks linked to global market developments and will require closer scrutiny. In a report to financial institutions, the Australian Prudential Regulation Authority (APRA) said private credit remains... Read More.

Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

Wednesday, May 20 by SRN News

By Sam Li and Lewis Jackson BEIJING, May 21 (Reuters) - Oil prices rebounded on Thursday after two days of losses on outstanding supply concerns because of the uncertain outlook for an end to the Iran war and a U.S. inventory draw raised worries about... Read More.

Dollar rally pauses on Iran deal hopes; yen edges back from intervention zone

Wednesday, May 20 by SRN News

By Kevin Buckland TOKYO, May 21 (Reuters) - The U.S. dollar hovered below a six-week peak on Thursday after pulling back on rising hopes that Washington is nearing a deal with Tehran to end the war in the Middle East. U.S. President Donald Trump said negotiations... Read More.

Elon Musk’s X admits noncompliance with Australia child protection request

Wednesday, May 20 by SRN News

SYDNEY, May 21 (Reuters) - Elon Musk's social media platform X Corp has admitted to noncompliance with an Australian regulator request to provide information about its measures to stop child exploitation, lawyers for both parties said on Thursday. "The respondent admits that it contravened the... Read More.

Nexstar seeks expedited review of order halting Tegna merger

Wednesday, May 20 by SRN News

WASHINGTON, May 20 (Reuters) - Nexstar Media Group asked a U.S. appeals court late on Wednesday to expedite a review of a lower-court order that has halted its merger with rival broadcaster Tegna, saying the delay has cost it tens of millions of dollars... Read More.

Brazil’s government close to finalizing proposal on farmers’ debt renegotiation

Wednesday, May 20 by SRN News

BRASILIA, May 20 (Reuters) - Brazil's government is expected to finalize in the coming days a proposal for the renegotiation of debt in the agribusiness sector, Finance Minister Dario Durigan said on Wednesday, adding the program should include a credit guarantee fund for farmers. Durigan... Read More.

US oil and gas auction for New Mexico leases draws record $4 billion in bids

Wednesday, May 20 by SRN News

May 20 (Reuters) - A Trump administration sale of oil and gas drilling rights on federal lands in New Mexico and Texas generated $4 billion in winning bids, the Interior Department said on Wednesday. The sale's total obliterated that of previous onshore government oil and... Read More.

Trading Day: Lift off for stocks and bonds

Wednesday, May 20 by SRN News

By Jamie McGeever ORLANDO, Florida, May 20 (Reuters) - Stocks rallied while oil and bond yields tumbled on Wednesday, on growing hopes that a U.S.-Iran peace deal could be imminent, and shares in chipmaker Nvidia fell in after-hours trade after the world's most valuable company... Read More.

Nvidia forecasts revenue above estimates, announces $80 billion share buyback

Wednesday, May 20 by SRN News

By Zaheer Kachwala, Stephen Nellis and Max A. Cherney May 20 (Reuters) - Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday and announced an $80 billion share repurchase program. Shares of the company ticked down 0.2% in extended trading. The world's most valuable company... Read More.

AT&T sues California in bid to stop offering traditional phone service

Wednesday, May 20 by SRN News

By David Shepardson WASHINGTON, May 20 (Reuters) - AT&T on Wednesday filed suit against California officials seeking a court order declaring it does not have to continue offering traditional copper wire phone service to new customers as it vowed to spend $19 billion on modern... Read More.

Current Weather

Australian regulator flags rising global private credit risks, steps up oversight

Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

Dollar rally pauses on Iran deal hopes; yen edges back from intervention zone

Elon Musk’s X admits noncompliance with Australia child protection request

Nexstar seeks expedited review of order halting Tegna merger

Brazil’s government close to finalizing proposal on farmers’ debt renegotiation

US oil and gas auction for New Mexico leases draws record $4 billion in bids

Trading Day: Lift off for stocks and bonds

AT&T sues California in bid to stop offering traditional phone service

On Air Now

Noble McIntyre LEGAL TALK

On Air Next

Fortifying Oklahoma

Political News

New term gives US Supreme Court’s Thomas and Alito more chances to wield power

Trump To Name Jay Clayton As AI Czar

Trump Speaks To Supporters In Alabama

Trump push to end US clock switching hits dead end

Kennedy Center Honors to be held at Capital One Arena amid demolition fight