Business

Trump administration says it’s withholding social safety net money from 5 states over fraud concerns

Tuesday, January 6 by SRN News

President Donald Trump's administration said Tuesday that it is withholding funding for programs that support needy families with children in five Democratic-led states over concerns about fraud. "For too long, Democrat-led states and Governors have been complicit in allowing massive amounts of fraud to occur... Read More.

Lilly in talks to buy Ventyx Biosciences for more than $1 billion, WSJ reports

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Eli Lilly is in advanced talks to buy Ventyx Biosciences for more than $1 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares of Ventyx closed up 5.2% following the report, which said the deal... Read More.

Analysis-Goldman Sachs tops global M&A rankings with $1.48 trillion in deals

Tuesday, January 6 by SRN News

By Dawn Kopecki and Anousha Sakoui NEW YORK, Jan 6 (Reuters) - Goldman Sachs once again dominated the league tables for global dealmaking in 2025, taking market share and the top spot in a year marked by high-stakes political drama and increasingly bigger mergers.... Read More.

Alaska Airlines pilot who safely landed plane after panel blew out says Boeing unfairly blamed him

Tuesday, January 6 by SRN News

The Alaska Airlines pilot who has been universally praised as a hero for safely landing a jet after a door plug panel flew off shortly after takeoff is suing Boeing because he believes the plane maker wrongly tried to blame him and the rest... Read More.

Majority of Fed banks voted against December change to discount rate

Tuesday, January 6 by SRN News

By Ann Saphir Jan 6 (Reuters) - Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks for emergency loans unchanged ahead of last month's Fed meeting, minutes of the central bank's discount rate meetings showed... Read More.

Canada’s Air Transat pilots approve five-year contract

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Pilots at Canadian airline Air Transat overwhelmingly approved a new five-year contract on Tuesday, according to the Air Line Pilots Association, which represents 725 members at the carrier. Roughly 90 percent of Air Transat pilots approved the contract, which increases... Read More.

Comerica shareholders approve $10.9 billion deal with Fifth Third Bancorp

Tuesday, January 6 by SRN News

By Svea Herbst-Bayliss Jan 6 (Reuters) - Comerica shareholders on Tuesday approved a $10.9 billion sale to larger rival Fifth Third Bancorp, the two companies said, ignoring an activist hedge fund's calls to block the deal after having initially urged the bank to put itself... Read More.

NBCUniversal’s ad slots for 2026 Winter Olympics sell out to ‘unprecedented’ demand

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - NBCUniversal has sold out advertising spots for the 2026 Winter Olympics in Italy a month before the start of the Games in early February, the Comcast-owned company said on Tuesday. More than 100 new advertisers have signed on for the Milano... Read More.

Analysis-Venezuelan oil would boost US refiners, hurt Canadian producers

Tuesday, January 6 by SRN News

By Arathy Somasekhar and Georgina McCartney HOUSTON, Jan 6 (Reuters) - A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 million barrels per... Read More.

US government is ‘working feverishly’ on Nvidia licenses for China, ship date still unknown

Tuesday, January 6 by SRN News

LAS VEGAS, Nevada, Jan 6 (Reuters) - The United States government is "working feverishly" on license applications for Nvidia to ship its H200 chips to China, but the company still does not know when they will be approved, Nvidia's chief financial officer said on... Read More.

Current Weather

Lilly in talks to buy Ventyx Biosciences for more than $1 billion, WSJ reports

Analysis-Goldman Sachs tops global M&A rankings with $1.48 trillion in deals

Alaska Airlines pilot who safely landed plane after panel blew out says Boeing unfairly blamed him

Majority of Fed banks voted against December change to discount rate

Canada’s Air Transat pilots approve five-year contract

Comerica shareholders approve $10.9 billion deal with Fifth Third Bancorp

NBCUniversal’s ad slots for 2026 Winter Olympics sell out to ‘unprecedented’ demand

Analysis-Venezuelan oil would boost US refiners, hurt Canadian producers

US government is ‘working feverishly’ on Nvidia licenses for China, ship date still unknown

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