Business

Truist Financial to sell $5.5 billion of auto loans amid overhaul

Tuesday, September 15 by SRN News

Sept 15 (Reuters) - Truist Financial said on Tuesday it has struck a deal to sell $5.5 billion of auto loans, as CEO Mike Lyons pushes to overhaul the U.S. bank and exit less profitable, non-core businesses. Here are some key details: • The sale... Read More.

Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes

Tuesday, September 15 by SRN News

CAIRO (AP) - Saudi Arabia's crown prince sought backing Tuesday from the president of Egypt, his ally across the Red Sea, as the kingdom faces increased attacks by Yemen's Houthi rebels on Saudi shipping and infrastructure that have helped drive a surge in global... Read More.

Families of the 67 who died in last year’s midair collision want reforms to prevent the next tragedy

Tuesday, September 15 by SRN News

The loved ones of the 67 people who died last year when an airliner and Army helicopter collided over Washington, D.C., urged Congress and regulators Tuesday to do more now to prevent other families from being left clutching belongings and memories instead of their... Read More.

US Treasury’s Bessent says bond yields reflect ‘global issues’

Tuesday, September 15 by SRN News

By David Lawder WASHINGTON, Sept 15 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday blamed rising bond yields on "global issues" and confirmed he will meet with Chinese Vice Premier He Lifeng this weekend ahead of a meeting between President Donald Trump and Chinese... Read More.

Coca-Cola to invest $10 billion in US infrastructure by 2030

Tuesday, September 15 by SRN News

Sept 15 (Reuters) - Coca-Cola on Tuesday said it plans to invest $10 billion in infrastructure in the U.S., one of its biggest markets, from 2026 through 2030. Here are some more details: • The planned spending includes projects previously announced in California, Colorado,... Read More.

L’Oreal steals French stock market crown from LVMH

Tuesday, September 15 by SRN News

By Gianluca Lo Nostro and Tassilo Hummel PARIS, Sept 15 (Reuters) - Cosmetics group L'Oreal became France's most valuable listed company on Tuesday, surpassing Louis Vuitton owner LVMH as high-end luxury companies remain under ⁠pressure after years of slowing sales and lacklustre earnings. It is... Read More.

Hitachi Energy to invest $528 million in new transformer factory in Mississippi

Tuesday, September 15 by SRN News

By Laila Kearney and Kaori Kaneko NEW YORK/TOKYO, Sept 16 (Reuters) - Hitachi Energy plans to build a $528 million factory in Mississippi to produce electrical transformers, marking the single-biggest investment the company has made as part of its U.S. manufacturing expansion, the company said... Read More.

Exclusive-Boeing salvages delayed Turkish Airlines order, sources say

Tuesday, September 15 by SRN News

COPENHAGEN, Sept 15 (Reuters) - Boeing is close to finalising a delayed order for 150 of its 737 MAX jets after Turkish Airlines threatened to walk away from the high-profile deal in a dispute over engine maintenance, four people familiar with the matter said. The... Read More.

US FAA says billions more needed to modernize air traffic control

Tuesday, September 15 by SRN News

By David Shepardson WASHINGTON, Sept 15 (Reuters) - The head of the Federal Aviation Administration said the first phase of an ambitious plan to modernize air traffic control will cost billions of dollars more than Congress has approved. Last year, Congress approved $12.5 billion for air... Read More.

Honeywell Aero CEO calls planned GE Aerospace-CPP deal positive for industry

Tuesday, September 15 by SRN News

By Allison Lampert and Nandan Mandayam Sept 15 (Reuters) - Honeywell Aerospace's CEO called GE Aerospace's planned $12 billion acquisition of a castings maker "positive for the industry overall" and said on Tuesday he sees more opportunities to bring outsourced capabilities back in-house. Aerospace companies... Read More.

Current Weather

Truist Financial to sell $5.5 billion of auto loans amid overhaul

Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes

Families of the 67 who died in last year’s midair collision want reforms to prevent the next tragedy

US Treasury’s Bessent says bond yields reflect ‘global issues’

Coca-Cola to invest $10 billion in US infrastructure by 2030

L’Oreal steals French stock market crown from LVMH

Hitachi Energy to invest $528 million in new transformer factory in Mississippi

Exclusive-Boeing salvages delayed Turkish Airlines order, sources say

US FAA says billions more needed to modernize air traffic control

Honeywell Aero CEO calls planned GE Aerospace-CPP deal positive for industry

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