Business

US trade deficit widens in March on imports; petroleum exports rise

Tuesday, May 5 by SRN News

WASHINGTON, May 5 (Reuters) - The U.S. trade deficit widened in March as an artificial intelligence investment boom pulled in imports, more than offsetting an increase in exports, which were partly boosted by petroleum shipments amid the Middle East conflict. The trade gap increased 4.4%... Read More.

Pennsylvania sues AI company, saying its chatbots illegally hold themselves out as licensed doctors

Tuesday, May 5 by SRN News

HARRISBURG, Pa. (AP) - Pennsylvania has sued an artificial intelligence chatbot maker, saying its chatbots illegally hold themselves out as doctors and are deceiving the system's users into thinking they are getting medical advice from a licensed professional. The lawsuit, filed Friday, asks the statewide... Read More.

Mina Kimes takes over as Scripps National Spelling Bee host as part of reimagined broadcast

Tuesday, May 5 by SRN News

Mina Kimes is taking over as television host of the Scripps National Spelling Bee, and the ESPN NFL analyst hopes to use her outsider's perspective to capture the excitement of the 101-year-old competition. Kimes, whose hiring was announced Tuesday, becomes the first celebrity host for... Read More.

Hegseth and Caine say ceasefire between the US and Iran is not over

Tuesday, May 5 by SRN News

U.S. forces launched an effort to guide commercial ships through the Strait of Hormuz on Tuesday, with the first two ships, both American-flagged merchant vessels, sailing through unscathed. Joint Chiefs Chairman Dan Caine said the safety corridor in the key waterway for oil and... Read More.

US stock futures up as oil dips; Middle East tensions linger

Tuesday, May 5 by SRN News

By Niket Nishant and Utkarsh Hathi May 5 (Reuters) - U.S. stock index futures rose on Tuesday, signaling a rebound in equities as oil prices ticked lower even though renewed tensions threatened to upend a fragile Middle East truce after the U.S.... Read More.

Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

Tuesday, May 5 by SRN News

By Nathan Gomes May 5 (Reuters) - Harley-Davidson outlined a new strategy on Tuesday focused on lower-priced motorcycles and its dealer network to help shore up volumes, under new top boss Artie Starrs. The company's "Back to the Bricks" plan targets over $350 million in core... Read More.

Thomson Reuters first-quarter revenue rises 10%, reaffirms full-year forecast

Tuesday, May 5 by SRN News

May 5 (Reuters) - Thomson Reuters reported higher first-quarter revenue on Tuesday, boosted by gains in its legal, tax and accounting and corporates businesses. The Toronto-based content and technology company also reaffirmed its full-year 2026 revenue forecast of a rise of between 7.5% and 8%.... Read More.

KKR profits rise on growing assets, deals pick up pace in first quarter

Tuesday, May 5 by SRN News

May 5 (Reuters) - KKR earned higher fees from managing a growing pile of assets and it benefited from a pick-up in deals in the first quarter, the buyout firm said on Tuesday. Shares of the company were up about 1% in trading... Read More.

Coinbase to cut about 14% of workforce

Tuesday, May 5 by SRN News

May 5 (Reuters) - Coinbase said on Tuesday it plans to cut about 14% of its global workforce. (Reporting by Prakhar Srivastava in Bengaluru; Editing by Shailesh Kuber) Brought to you by www.srnnews.com

PayPal tops first-quarter estimates on resilient consumer spending

Tuesday, May 5 by SRN News

May 5 (Reuters) - PayPal surpassed Wall Street expectations for first-quarter results on Tuesday as resilient consumer spending lifted volumes at the digital payments firm. Though consumers have been grappling with inflationary pressures and economic uncertainty exacerbated by the Middle East conflict, wealthier households have... Read More.

Current Weather

US trade deficit widens in March on imports; petroleum exports rise

Pennsylvania sues AI company, saying its chatbots illegally hold themselves out as licensed doctors

Mina Kimes takes over as Scripps National Spelling Bee host as part of reimagined broadcast

Hegseth and Caine say ceasefire between the US and Iran is not over

US stock futures up as oil dips; Middle East tensions linger

Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

Thomson Reuters first-quarter revenue rises 10%, reaffirms full-year forecast

KKR profits rise on growing assets, deals pick up pace in first quarter

Coinbase to cut about 14% of workforce

PayPal tops first-quarter estimates on resilient consumer spending

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