Business

SpaceX IPO leaves some private share buyers unsure what they own

Wednesday, March 25 by SRN News

By Echo Wang and David Jeans NEW YORK, March 25 (Reuters) - Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk's SpaceX. But he can't be 100% sure. When the former Google executive entered the space industry in 2021, SpaceX was already one... Read More.

NYSE American Options resolves technical issue that hit trading, market data

Wednesday, March 25 by SRN News

March 25 (Reuters) - Intercontinental Exchange's NYSE American Options said on Wednesday it has resolved a technical issue that had affected trading, post-trade and market data. "All systems are currently operational," the exchange operator said. (Reporting by Manya Saini in Bengaluru; Editing by Sahal... Read More.

Prime Minister Carney says Air Canada CEO’s English-only condolences lacked compassion

Wednesday, March 25 by SRN News

TORONTO (AP) - Canadian Prime Minister Mark Carney said Wednesday the Air Canada CEO's English-only message of condolence after Sunday's deadly crash in New York showed a lack of compassion and judgement. Air Canada CEO Michael Rousseau is being summoned to testify at Parliament's official... Read More.

Fed reports narrowing $19.6 billion loss for operations in 2025

Wednesday, March 25 by SRN News

NEW YORK, March 25 (Reuters) - The Federal Reserve reported a narrower loss last year in an audited financial statement released on Wednesday. The Fed said that its total comprehensive loss for the full year of 2025 stood at $19.6 billion, versus $77.5 billion in... Read More.

Merck buying Terns in $6.7B deal to bolster its cancer portfolio before key Keytruda patent expires

Wednesday, March 25 by SRN News

Merck is buying oncology company Terns Pharmaceuticals in a deal valued at approximately $6.7 billion as the pharmaceutical giant works on beefing up its cancer portfolio before a key patent on its cancer drug Keytruda expires in two years. Merck received accelerated approval for Keytruda... Read More.

Be Well: Medicaid ‘spend down’ strategy can cover high long-term care costs. But do not go it alone

Wednesday, March 25 by SRN News

The U.S. Department of Health and Human Services estimates that more than half people over age 65 will need help with daily activities such as bathing, dressing or eating at some point, either for an extended period or the rest of their lives. Some... Read More.

AI boom accelerates China’s chip industry growth as demand strains supply chain

Wednesday, March 25 by SRN News

By Eduardo Baptista March 25 (Reuters) - China's chip industry is showing strong growth momentum as a global sprint to build AI infrastructure creates an explosion in demand, sparking higher capital spending and capacity expansion as chipmakers race to keep up, executives said on Wednesday. Growth... Read More.

BlackRock CEO Fink warns of ‘global recession’ if oil goes to $150, BBC reports

Wednesday, March 25 by SRN News

March 25 (Reuters) - BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and cause a "global recession" if Iran "remains a threat" even after the war ends. "If there is a cessation of war, and yet Iran remains a threat, a... Read More.

Six Flags appoints new chair amid call for sale

Wednesday, March 25 by SRN News

By Svea Herbst-Bayliss NEW YORK, March 25 (Reuters) - Theme park operator Six Flags Entertainment on Wednesday announced a change in leadership on its board, naming Richard Haddrill as executive chairman. Last week activist investor Jana Partners told the company in a letter seen by Reuters... Read More.

Albemarle starts environmental review for Chile lithium extraction project

Wednesday, March 25 by SRN News

By Fabian Cambero SANTIAGO, March 25 (Reuters) - U.S.-based Albemarle, the world's largest lithium producer, said on Wednesday it had begun the environmental review process in Chile for its first project using Direct Lithium Extraction (DLE). Albemarle said in a statement that the project is... Read More.

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Current Weather

NYSE American Options resolves technical issue that hit trading, market data

Prime Minister Carney says Air Canada CEO’s English-only condolences lacked compassion

Fed reports narrowing $19.6 billion loss for operations in 2025

Merck buying Terns in $6.7B deal to bolster its cancer portfolio before key Keytruda patent expires

Be Well: Medicaid ‘spend down’ strategy can cover high long-term care costs. But do not go it alone

AI boom accelerates China’s chip industry growth as demand strains supply chain

BlackRock CEO Fink warns of ‘global recession’ if oil goes to $150, BBC reports

Six Flags appoints new chair amid call for sale

Albemarle starts environmental review for Chile lithium extraction project

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