Business

Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports

Thursday, April 30 by SRN News

April 30 (Reuters) - Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg News reported on Thursday, citing people with knowledge of the transaction. The company had raised $30 billion in its biggest-ever bond offering last year, part... Read More.

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

Thursday, April 30 by SRN News

WASHINGTON (AP) - The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce Department reported Thursday... Read More.

U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

Thursday, April 30 by SRN News

WASHINGTON (AP) - The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran. U.S. jobless aid applications for the week ending April 25 fell by 26,000 by to 189,000, down from... Read More.

Morning Bid: Oil fear shrouds tech splurge

Thursday, April 30 by SRN News

By Mike Dolan April 30 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Try as they might, it's impossible for markets to ignore the renewed surge in oil prices on the Iran war stasis. Global crude prices... Read More.

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Thursday, April 30 by SRN News

By Deena Beasley April 30 (Reuters) - Merck & Co on Thursday reported a loss for the first quarter as an acquisition-related charge offset a 5% increase in product sales driven by cancer and respiratory drugs. Shares rose nearly 5% in premarket trading after the loss... Read More.

Royal Caribbean cuts annual profit forecast, sees higher fuel costs

Thursday, April 30 by SRN News

April 30 (Reuters) - Royal Caribbean cut annual profit forecast on Thursday, signaling that surging fuel costs linked to ongoing tensions in the Middle East are weighing on the cruise operator's margins. Cruise operators, heavily dependent on fuel oil and marine gas oil, are navigating... Read More.

Eli Lilly raises annual profit forecast as GLP-1 drugs fuel growth

Thursday, April 30 by SRN News

April 30 (Reuters) - Eli Lilly raised its annual profit forecast and posted better-than-expected first quarter on Thursday, on steady demand for its weight-loss and diabetes drugs Zepbound and Mounjaro, in its first results since launching oral GLP-1 pill Foundayo. Investor expectations for Lilly are... Read More.

Inflation hits 3% in Europe as Iran war spreads oil price shock

Thursday, April 30 by SRN News

FRANKFURT, Germany (AP) - Soaring oil prices from the Iran war pushed inflation higher in Europe in April as growth continued to underperform in a worrying combination both for consumers and policymakers at the European Central Bank. Annual inflation in the 21 countries that use... Read More.

AI customer service startup Netomi raises $110 million

Thursday, April 30 by SRN News

NEW YORK, April 30 (Reuters) - Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup's chief executive told Reuters this week. Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service for... Read More.

You’re probably paying more for insurance lately. A new study suggests federal action to cut costs

Thursday, April 30 by SRN News

WASHINGTON (AP) - A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses - and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the Vanderbilt Policy... Read More.

Current Weather

Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

Morning Bid: Oil fear shrouds tech splurge

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Royal Caribbean cuts annual profit forecast, sees higher fuel costs

Eli Lilly raises annual profit forecast as GLP-1 drugs fuel growth

Inflation hits 3% in Europe as Iran war spreads oil price shock

AI customer service startup Netomi raises $110 million

You’re probably paying more for insurance lately. A new study suggests federal action to cut costs

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