Business

Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs, sources say

Thursday, March 26 by SRN News

By Christoph Steitz and Neha Arora FRANKFURT/NEW DELHI, March 25 (Reuters) - Discussions of a possible sale of Thyssenkrupp's steel unit to Jindal Steel International could be called off due to differences over pension liabilities, investments and energy costs, four people familiar with the matter... Read More.

Japan’s corporate service inflation perks up in February

Thursday, March 26 by SRN News

TOKYO, March 26 (Reuters) - A key gauge of Japan's service-sector inflation rose 2.7% in February from a year earlier, data showed on Thursday, reinforcing the central bank's view that a tight labour market is pushing firms to pass rising costs on to consumers. The... Read More.

Brookings Institution paper charts path toward smaller Fed balance sheet

Thursday, March 26 by SRN News

March 25 (Reuters) - If the Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory changes, tweaks to the payment system and more frequent market interventions by the central bank, new research published by the Brookings Institution said on... Read More.

Hyundai Motor plans to launch 36 new models in North America by 2030

Thursday, March 26 by SRN News

SEOUL, March 26 (Reuters) - Hyundai Motor said on Thursday it is targeting vehicle sales of 500,000 units in China this year, and plans to launch 36 new models in the North American market by 2030. Hyundai Motor CEO Jose Munoz made the remarks... Read More.

Brazil’s Americanas files motion to exit bankruptcy protection proceedings

Thursday, March 26 by SRN News

SAO PAULO, March 25 (Reuters) - Brazilian retailer Americanas said on Wednesday it filed a motion in a Rio de Janeiro court to exit bankruptcy protection proceedings, as the company claims it fulfilled all previously established obligations. Americanas, which entered bankruptcy protection in January... Read More.

Dollar strengthens as confidence recovers, Fed hike bets trimmed

Thursday, March 26 by SRN News

By Gregor Stuart Hunter SINGAPORE, March 26 (Reuters) - The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal... Read More.

Verdicts against social media companies carry consequences. But questions linger

Thursday, March 26 by SRN News

SANTA FE, N.M. (AP) - Two landmark jury verdicts against social media companies have arrived at the front of a wave of lawsuits alleging that the popular platforms endanger the mental health of children. Financial penalties total $381 million in the two cases involving tech... Read More.

What to know about the safety system that failed to prevent the deadly runway collision at LaGuardia

Wednesday, March 25 by SRN News

The systems in place at New York's LaGuardia Airport to prevent ground collisions failed to keep an Air Canada jet from smashing into a fire truck that had just pulled out on the runway as the plane was landing. The National Transportation Safety Board will... Read More.

US oil prices rise as investors assess Middle East de-escalation

Wednesday, March 25 by SRN News

TOKYO, March 26 (Reuters) - U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted... Read More.

Parents see hope in back-to-back rulings that social media providers failed to protect young users

Wednesday, March 25 by SRN News

Walker Montgomery was just 16 when someone pretending to be a teenage girl messaged him through Instagram and seduced him into cybersex. Within hours he was dead. Caught up in a sextortion scheme, the Mississippi teen killed himself. -- EDITOR'S NOTE - This story includes discussion... Read More.

Current Weather

Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs, sources say

Japan’s corporate service inflation perks up in February

Brookings Institution paper charts path toward smaller Fed balance sheet

Hyundai Motor plans to launch 36 new models in North America by 2030

Brazil’s Americanas files motion to exit bankruptcy protection proceedings

Dollar strengthens as confidence recovers, Fed hike bets trimmed

What to know about the safety system that failed to prevent the deadly runway collision at LaGuardia

US oil prices rise as investors assess Middle East de-escalation

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