Business

ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports

Friday, February 20 by SRN News

Feb 20 (Reuters) - ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, Bloomberg News reported on Friday, citing people familiar with the matter. The assets, picked up over the years through deals... Read More.

Nvidia, software reports pose next tests for AI-sensitive stock market

Friday, February 20 by SRN News

By Lewis Krauskopf NEW YORK, Feb 20 (Reuters) - Investors turn to financial results from artificial intelligence bellwether Nvidia Corp in the coming week to steady a U.S. stock market that has been rocked by AI-related worries and is digesting a Supreme Court overturn of... Read More.

Analysis-US Supreme Court ruling offers little respite for global economy

Friday, February 20 by SRN News

By Mark John and Philip Blenkinsop LONDON, Feb 20 (Reuters) - While the U.S. Supreme Court's ruling on Friday against President Donald Trump's use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts say it offers little... Read More.

Berkshire-owned PacifiCorp pays $575 million to settle US government’s wildfire claims

Friday, February 20 by SRN News

By Jonathan Stempel Feb 20 (Reuters) - PacifiCorp, a utility owned by Berkshire Hathaway,, agreed to pay $575 million to resolve U.S. government damages claims related to six wildfires in Oregon and California that burned nearly 290,000 acres of federal land, the U.S. Department of... Read More.

Industry reaction to US Supreme Court ruling on Trump’s global tariffs

Friday, February 20 by SRN News

Feb 20 (Reuters) - Businesses and industry groups hailed the U.S. Supreme Court's move to overturn Donald Trump's emergency tariffs, a ruling that brings relief but leaves companies bracing for the complicated refund process ahead. Here are some comments from industry groups and companies: STEVE LAMAR,... Read More.

Fed’s Bostic: ‘Pretty strong’ GDP growth raises inflation concerns

Friday, February 20 by SRN News

By Howard Schneider WASHINGTON, Feb 20 (Reuters) - Full-year economic growth at 2.2% is "a pretty strong number" that is high enough to raise concerns about persistent inflation and likely require tight monetary policy to hold back the economy, Atlanta Fed President Raphael Bostic said... Read More.

Paramount says US antitrust waiting period on Warner Bros bid has expired

Friday, February 20 by SRN News

Feb 20 (Reuters) - Paramount said on Friday the U.S. antitrust waiting period for its $108.4 billion all-cash bid for Warner Bros Discovery expired on February 19, marking a milestone on the road to a potential deal to acquire the owner of HBO Max.... Read More.

Organizers of the Winter Games made clean energy a priority. Here’s how they did it

Friday, February 20 by SRN News

CORTINA D'AMPEZZO, Italy (AP) - It takes an immense amount of energy to power venues and make snow for the Winter Olympics and, for the 2026 Milan Cortina Games, organizers pledged that virtually all of the electricity would be clean. The organizing committee said that... Read More.

Trump to travel to China next month, with US trade policy in focus

Friday, February 20 by SRN News

By Trevor Hunnicutt WASHINGTON, Feb 20 (Reuters) - U.S. President Donald Trump will travel to China from March 31 to April 2 for a highly anticipated meeting between the world's two biggest economies, following the Supreme Court's decision to overturn Trump's sweeping tariffs against imported... Read More.

KKR explores $1.5 billion sale of BMC Helix, sources say

Friday, February 20 by SRN News

By Milana Vinn NEW YORK, Feb 20 (Reuters) - Private equity firm KKR is exploring a sale of its information services provider BMC Helix, which could fetch as much as $1.5 billion, according to people familiar with the matter. Helix, which is being advised by... Read More.

Current Weather

ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports

Nvidia, software reports pose next tests for AI-sensitive stock market

Analysis-US Supreme Court ruling offers little respite for global economy

Berkshire-owned PacifiCorp pays $575 million to settle US government’s wildfire claims

Industry reaction to US Supreme Court ruling on Trump’s global tariffs

Fed’s Bostic: ‘Pretty strong’ GDP growth raises inflation concerns

Paramount says US antitrust waiting period on Warner Bros bid has expired

Organizers of the Winter Games made clean energy a priority. Here’s how they did it

Trump to travel to China next month, with US trade policy in focus

KKR explores $1.5 billion sale of BMC Helix, sources say

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