Business

Paramount taps ex-Trump official as public policy VP amid Warner Bros bid

Saturday, February 14 by SRN News

Feb 13 (Reuters) - Paramount Skydance has named Rene Augustine, a former Trump administration attorney, as its senior vice president of global public policy, according to a company memo seen by Reuters, amid an ongoing takeover battle for Warner Bros Discovery. Augustine, who served... Read More.

Exclusive-US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources say

Saturday, February 14 by SRN News

By Nicole Jao, Shariq Khan, Marianna Parraga and Arathy Somasekhar NEW YORK, Feb 13 (Reuters) - Valero Energy is set to buy up to 6.5 million barrels of Venezuelan crude in March bound for its Gulf Coast refineries, making it the top foreign refiner of... Read More.

BofA CEO Brian Moynihan’s pay rises to $41 million

Saturday, February 14 by SRN News

By Ateev Bhandari Feb 13 (Reuters) - Bank of America said on Friday it had approved $41 million for CEO Brian Moynihan's total compensation for 2025, reflecting a more than 17.1% rise from last year. Moynihan, 65, is one of the industry's longest-serving leaders. He took... Read More.

‘Swift Home’ trademark abandoned after Taylor Swift opposition

Saturday, February 14 by SRN News

By Blake Brittain Feb 13 (Reuters) - A bedding company that applied for a federal "Swift Home" trademark has abandoned its application following pressure from pop star Taylor Swift, an attorney for the company told Reuters on Friday. Swift's company TAS Rights Management LLC told the... Read More.

Cubans turn to electric vehicles as US tightens oil blockade

Saturday, February 14 by SRN News

HAVANA, Feb 13 (Reuters) - The rumble of 1959 Chevrolets, once the rhythmic heartbeat of Havana, is fading to the near silence of electric vehicles as the island faces its worst fuel shortage in years. For six decades, Cuba's roads changed little, defined by colorful... Read More.

Rivian shares surge as upcoming affordable SUV powers EV delivery forecast

Friday, February 13 by SRN News

By Joel Jose and Abhirup Roy Feb 13 (Reuters) - Rivian's projection that its cheaper models would attract more buyers this year drove a 25% stock jump on Friday, the latest sign of electric vehicle makers betting on affordable cars to revive sales... Read More.

Copper miner Codelco sacks executives after El Teniente audit

Friday, February 13 by SRN News

By Fabian Cambero SANTIAGO, Feb 13 (Reuters) - Chilean state copper miner Codelco on Friday removed three senior executives linked to its El Teniente division, the site of a deadly collapse last year, after an internal audit found inconsistencies tied to a prior accident in... Read More.

US tariffs, Chinese competition weigh on EU trade, data show

Friday, February 13 by SRN News

By Balazs Koranyi FRANKFURT, Feb 13 (Reuters) - The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to the bloc's economic model. Shifting trade and political... Read More.

Hermes beats sales expectations, sees positive signs in China

Friday, February 13 by SRN News

(Corrects comment from analyst in paragraph 5 to more accurately reflect intended meaning) By Tassilo Hummel and Helen Reid PARIS, Feb 12 (Reuters) - Hermes, whose handbags sell for $10,000 and more, on Thursday reported stronger than expected fourth-quarter revenue growth, lifted by strong sales in... Read More.

American Airlines seeks approval to operate US flights to Venezeula

Friday, February 13 by SRN News

WASHINGTON, Feb 13 (Reuters) - American Airlines said Friday it was seeking approval to operate U.S. flights to Caracas and Maracaibo in Venezuela from Miami through its wholly owned regional carrier Envoy, according to a filing with the U.S. Transportation Department. Last month, U.S. Transportation... Read More.

Current Weather

Paramount taps ex-Trump official as public policy VP amid Warner Bros bid

Exclusive-US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources say

BofA CEO Brian Moynihan’s pay rises to $41 million

‘Swift Home’ trademark abandoned after Taylor Swift opposition

Cubans turn to electric vehicles as US tightens oil blockade

Rivian shares surge as upcoming affordable SUV powers EV delivery forecast

Copper miner Codelco sacks executives after El Teniente audit

US tariffs, Chinese competition weigh on EU trade, data show

Hermes beats sales expectations, sees positive signs in China

American Airlines seeks approval to operate US flights to Venezeula

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