Business

US oil companies say they need guarantees to invest in Venezuela, FT reports

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - U.S. oil companies want "serious guarantees" from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets, the Financial Times reported on Wednesday. Reuters could not immediately verify the... Read More.

Oil prices gain on US inventory draw, Venezuela in focus

Wednesday, January 7 by SRN News

By Yuka Obayashi TOKYO, Jan 8 (Reuters) - Oil prices gained slightly on Thursday, rebounding from two days of declines, as a larger-than-expected draw in U.S. crude inventories provided some impetus for investors to buy futures while they monitor developments in Venezuela. Brent crude futures... Read More.

Dollar holds steady as mixed data sets up Friday’s jobs report

Wednesday, January 7 by SRN News

By Ankur Banerjee SINGAPORE, Jan 8 (Reuters) - The dollar was calm on Thursday as investors weighed a slew of data that showed the U.S. economy was in a delicate position ahead of a crucial jobs report on Friday, with rising geopolitical tensions keeping sentiment... Read More.

BlueScope Steel shares drop 2% after rejecting $9 billion takeover bid

Wednesday, January 7 by SRN News

By Scott Murdoch SYDNEY, Jan 8 (Reuters) - Shares of BlueScope Steel were down 2% in early trading on Thursday after the company rejected a A$13.2 billion ($8.87 billion) takeover offer from Australian conglomerate SGH and U.S.-based Steel Dynamics. BlueScope shares were trading at A$29.27, slightly... Read More.

Federal prosecutors slam Mangione lawyers’ ‘meritless’ claims about Bondi’s lobbying ties

Wednesday, January 7 by SRN News

NEW YORK (AP) - Federal prosecutors slammed Luigi Mangione's lawyers on Wednesday for making what the government said were "meritless" and "misleading" claims about Attorney General Pam Bondi's ties to a lobbying firm and her decision to seek the death penalty in the killing... Read More.

Judge indicates Elon Musk’s fraud lawsuit against OpenAI will head to trial

Wednesday, January 7 by SRN News

A federal judge on Wednesday indicated a jury will be allowed to decide whether artificial intelligence trailblazer OpenAI hoodwinked its billionaire co-founder Elon Musk during its evolution from a nonprofit research lab into a capitalistic enterprise now valued at $500 billion. Without issuing an official... Read More.

First Brands launches sale process amid plans to exit Chapter 11

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - Auto parts supplier First Brands said on Wednesday it has launched a marketing and sale process for its business as a whole or in parts, as it works to emerge from Chapter 11 bankruptcy. The company, which makes filters, brakes and... Read More.

Morgan Stanley promotes 184 employees to managing director roles, memo shows

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - Morgan Stanley promoted 184 of its employees to managing directors this year, an about 6% increase from a year ago, according to an internal memo seen by Reuters. The promotions, up from 173 last year, are weighted toward roles focused on... Read More.

Ford to offer its first eyes-off driver-assistance system in 2028

Wednesday, January 7 by SRN News

LAS VEGAS, Jan 7 (Reuters) - Ford Motor said on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while operating on certain highways. The technology will first be available... Read More.

Trump-linked World Liberty Financial seeks license to launch trust bank

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - World Liberty Financial, a crypto venture backed by the family of President Donald Trump, said on Wednesday that its subsidiary has filed an application with U.S. banking regulators to establish a national trust bank focused on stablecoin operations. Several major cryptocurrency... Read More.

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Current Weather

US oil companies say they need guarantees to invest in Venezuela, FT reports

Oil prices gain on US inventory draw, Venezuela in focus

Dollar holds steady as mixed data sets up Friday’s jobs report

BlueScope Steel shares drop 2% after rejecting $9 billion takeover bid

Federal prosecutors slam Mangione lawyers’ ‘meritless’ claims about Bondi’s lobbying ties

Judge indicates Elon Musk’s fraud lawsuit against OpenAI will head to trial

First Brands launches sale process amid plans to exit Chapter 11

Morgan Stanley promotes 184 employees to managing director roles, memo shows

Ford to offer its first eyes-off driver-assistance system in 2028

Trump-linked World Liberty Financial seeks license to launch trust bank

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