Business – Page 677 – Freedom 96.9

Uniqlo owner Fast Retailing books jump in quarterly profit, hikes annual forecast

Thursday, January 8 by SRN News

By Anton Bridge TOKYO, Jan 8 (Reuters) - The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday said its first-quarter operating profit jumped 34% from a year earlier as it benefited from strong sales at home and expansions in Europe and North... Read More.

Trump’s ‘beautiful’ new law means states have big decisions this year on Medicaid, SNAP and taxes

Thursday, January 8 by SRN News

States have major decisions to make in 2026 about the social safety net and taxes in the aftermath of a sweeping law President Donald Trump signed last year. The federal government is shifting more responsibilities to states over the next few years, and states... Read More.

Morning Bid: Trump’s big talk falls on investors’ deaf ears

Thursday, January 8 by SRN News

A look at the day ahead in European and global markets from Thursday Donald Trump headlines have stacked up over the past 24 hours. The U.S. president vowed to block defense contractors from paying dividends or buying back shares until they speed up weapons production. He... Read More.

Asian shares are mixed after Wall Street’s strong start to the year cools

Wednesday, January 7 by SRN News

HONG KONG (AP) - Asian shares were mixed on Thursday after Wall Street's strong start to the year cooled. Tokyo's Nikkei 225 dropped 1% to 51,660.50 in early trading, with technology stocks among those leading the decline. South Korea's Kospi added 0.6% to 4,576.95. Both... Read More.

AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says

Wednesday, January 7 by SRN News

Jan 8 (Reuters) - Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more recycling and mining, the consultancy S&P Global... Read More.

Dose of uncertainty: Experts wary of AI health gadgets at CES

Wednesday, January 7 by SRN News

LAS VEGAS (AP) - Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help... Read More.

Mental health evaluation ordered for woman accused of stabbing tourist in Manhattan Macy’s

Wednesday, January 7 by SRN News

NEW YORK (AP) - A New York City judge on Wednesday ordered a mental health evaluation for a Massachusetts woman charged in the unprovoked stabbing of a tourist changing her baby's diaper in a bathroom of Macy's flagship store in midtown Manhattan around the... Read More.

Trump administration cannot proceed with pilot drug rebate program, US court rules

Wednesday, January 7 by SRN News

By Nate Raymond BOSTON, Jan 7 (Reuters) - A federal appeals court on Wednesday blocked a Trump administration plan to require hospitals serving low-income Americans to pay full price upfront for the first 10 costly medications that are subject to Medicare drug price negotiations and... Read More.

Oil prices recover, stocks wobble as investors weigh geopolitics, US data

Wednesday, January 7 by SRN News

By Rae Wee SINGAPORE, Jan 8 (Reuters) - Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data. Top U.S. officials said on Wednesday... Read More.

US exempts some foreign-made drones from Trump import ban on new models

Wednesday, January 7 by SRN News

By David Shepardson WASHINGTON, Jan 7 (Reuters) - The U.S. Federal Communications Commission said on Wednesday it is exempting imports of some new models of foreign-made drones and critical components from a sweeping import ban adopted in December. The telecommunications regulator acted on a Pentagon recommendation... Read More.

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