Business

Insurer Suncorp’s first-half cash earnings tumbles as natural hazard costs surge

Tuesday, February 17 by SRN News

Feb 18 (Reuters) - Australian general insurer Suncorp Group posted a worse-than-expected drop in first-half cash earnings on Wednesday, hit by a surge in costs related to multiple severe weather events on the east coast and lower investment income. Suncorp downgraded its annual gross written... Read More.

‘Exports to China look dismal,’ leader of busiest US seaport says

Tuesday, February 17 by SRN News

By Lisa Baertlein LOS ANGELES, Feb 17 (Reuters) - Exports from the Port of Los Angeles, the busiest U.S. gateway for ocean trade, fell 8% in January to the lowest monthly output in nearly three years, Executive Director Gene Seroka said on Tuesday. "Exports to China... Read More.

What to know about the ‘equal time’ rule Stephen Colbert says led CBS to pull his Talarico interview

Tuesday, February 17 by SRN News

Stephen Colbert's comments that network executives pulled his interview with Democratic Texas Senate candidate James Talarico over fears it would violate regulatory guidance from the Trump administration has prompted a conversation about the rules governing how media outlets treat political coverage. The concern about the... Read More.

EU probes Shein over sale of illegal products, addictive design

Tuesday, February 17 by SRN News

BRUSSELS, Feb 17 (Reuters) - The EU opened a formal investigation into Chinese online retailer Shein on Tuesday over illegal products and concerns about the platform's potentially addictive design, stepping up scrutiny under the bloc's strict Digital Services Act. The move under the Act, which... Read More.

US FTC finalizes consent order in Boeing acquisition of Spirit AeroSystems

Tuesday, February 17 by SRN News

WASHINGTON, Feb 17 (Reuters) - The U.S. Federal Trade Commission on Tuesday said it finalized a consent order involving Boeing's acquisition of Spirit AeroSystems. (Reporting by Christian Martinez and Daphne Psaledakis, Editing by Bhargav Acharya) Brought to you by www.srnnews.com

Drop in unauthorized immigration slows job growth, SF Fed paper finds

Tuesday, February 17 by SRN News

Feb 17 (Reuters) - The recent drop in unauthorized immigration to the United States has slowed employment growth, particularly in construction and manufacturing, and those trends are likely to continue, new research from the San Francisco Federal Reserve published on Tuesday shows. The study looked... Read More.

Fed’s Barr says central bank likely on hold for some time as it watches for easing inflation

Tuesday, February 17 by SRN News

By Michael S. Derby NEW YORK, Feb 17 (Reuters) - Federal Reserve Governor Michael Barr said on Tuesday another central bank interest rate cut could come somewhere well down the road amid ongoing risks to the U.S. inflation outlook. "Based on current conditions and the data... Read More.

Berkshire-owned PacifiCorp, citing liquidity, sells Washington assets to Portland General Electric for $1.9 billion

Tuesday, February 17 by SRN News

By Jonathan Stempel and Katha Kalia Feb 17 (Reuters) - PacifiCorp, a utility owned by Berkshire Hathaway, is selling wind, natural gas generation and distribution assets and infrastructure in central and southern Washington state to Portland General Electric for $1.9 billion, citing liquidity concerns... Read More.

Trump family business files for trademark rights on any airports using the president’s name

Tuesday, February 17 by SRN News

NEW YORK (AP) - The Trump family company has filed to trademark the use of the president's name on airports but says it doesn't plan on charging a fee - at least for a proposed renaming of one near his Florida home. Applications filed by... Read More.

Bayer agrees to $7.25 billion proposed settlement over thousands of Roundup cancer lawsuits

Tuesday, February 17 by SRN News

JEFFERSON CITY, Mo. (AP) - Agrochemical maker Bayer and attorneys for cancer patients announced a proposed $7.25 billion settlement Tuesday to resolve thousands of U.S. lawsuits alleging the company failed to warn people that its popular weedkiller Roundup could cause cancer. The proposed settlement comes... Read More.

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Current Weather

Insurer Suncorp’s first-half cash earnings tumbles as natural hazard costs surge

‘Exports to China look dismal,’ leader of busiest US seaport says

What to know about the ‘equal time’ rule Stephen Colbert says led CBS to pull his Talarico interview

EU probes Shein over sale of illegal products, addictive design

Drop in unauthorized immigration slows job growth, SF Fed paper finds

Fed’s Barr says central bank likely on hold for some time as it watches for easing inflation

Berkshire-owned PacifiCorp, citing liquidity, sells Washington assets to Portland General Electric for $1.9 billion

Trump family business files for trademark rights on any airports using the president’s name

Bayer agrees to $7.25 billion proposed settlement over thousands of Roundup cancer lawsuits

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