Business

Lucid beats delivery estimates even as EV sales lag production growth

Monday, January 5 by SRN News

Jan 5 (Reuters) - Electric vehicle maker Lucid Group on Monday reported fourth-quarter and 2025 deliveries that were slightly above expectations, as a good reception for the cheaper Gravity SUV helped it offset weaker demand due to the expiry of U.S. tax credits. Lucid has... Read More.

Comcast completes cable spinoff as Versant Media set to begin trading on Nasdaq

Monday, January 5 by SRN News

Jan 5 (Reuters) - Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such as USA Network and CNBC into a separate public company, as the media giant repositions itself to better suit the streaming... Read More.

L3Harris sells 60% stake in space propulsion business for $845 million

Monday, January 5 by SRN News

Jan 5 (Reuters) - L3Harris Technologies said on Monday it will sell an about 60% stake in its space propulsion and power systems business to private equity firm AE Industrial Partners for $845 million, including debt. The deal furthers L3Harris' plan to shift... Read More.

Phillips 66 to acquire Britain’s Lindsey oil refinery assets

Monday, January 5 by SRN News

Jan 5 (Reuters) - Phillips 66 said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England, following the site's liquidation, and will integrate the key facilities into its Humber Refinery. The U.S. refiner said after a... Read More.

Apollo-led investors to commit $1.2 billion in building products firm QXO

Monday, January 5 by SRN News

Jan 5 (Reuters) - QXO on Monday said that Apollo Global Management and certain other investors have agreed to invest $1.2 billion in the building-products distributor to support its acquisition pursuits. Shares of QXO were up more than 8% in premarket trade. Brad Jacobs-led QXO tried... Read More.

US stock futures tick up as oil companies jump on Venezuela shock

Monday, January 5 by SRN News

Jan 5 (Reuters) - Futures linked to the S&P 500 and the Nasdaq inched higher on Monday after losses in the previous week, partially boosted by oil companies that surged following the capture of Venezuelan President Nicolas Maduro by the United States in a... Read More.

Mobileye secures deal with major US automaker, boosting production outlook

Monday, January 5 by SRN News

Jan 5 (Reuters) - Mobileye said on Monday it has secured a major U.S. automaker as a customer for its next-generation chip, lifting production outlook, with its self-driving technology rolled out as standard equipment in millions of vehicles. The deal will see an unnamed top-10... Read More.

Novo launches Wegovy pill in US from $149 per month for self-pay patients

Monday, January 5 by SRN News

By Jacob Gronholt-Pedersen and Bhanvi Satija COPENHAGEN/LONDON, Jan 5 (Reuters) - Danish drugmaker Novo Nordisk is launching its once-daily Wegovy pill in the United States on Monday, offering 1.5 milligram (mg) and 4 mg doses at $149 per month for self-paying patients in an intensely... Read More.

Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil

Monday, January 5 by SRN News

Jan 5 (Reuters) - U.S. oil companies' shares rose in premarket trading on Monday as investors bet that President Donald Trump's move against Venezuela's leadership would allow American firms greater access to the world's largest oil reserves. Shares of Chevron, the only U.S. major currently... Read More.

Kodiak AI teams up with Bosch to scale hardware for self-driving trucks

Monday, January 5 by SRN News

Jan 5 (Reuters) - Kodiak AI said on Monday it has partnered with Bosch to ramp up manufacturing of autonomous trucking hardware and sensors, as the self-driving truck company looks to move from pilot deployments toward large-scale commercial rollout. Self-driving technology developers are facing mounting... Read More.

Current Weather

Lucid beats delivery estimates even as EV sales lag production growth

Comcast completes cable spinoff as Versant Media set to begin trading on Nasdaq

L3Harris sells 60% stake in space propulsion business for $845 million

Phillips 66 to acquire Britain’s Lindsey oil refinery assets

Apollo-led investors to commit $1.2 billion in building products firm QXO

US stock futures tick up as oil companies jump on Venezuela shock

Mobileye secures deal with major US automaker, boosting production outlook

Novo launches Wegovy pill in US from $149 per month for self-pay patients

Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil

Kodiak AI teams up with Bosch to scale hardware for self-driving trucks

On Air Now

Lee Matthews

On Air Next

Joe Pags

Political News

Supreme Court’s Barrett fuels conservative wins while sometimes splitting with Trump

Trump got the Senate candidates he wanted. How much will he spend to help them?

Democratic governors press US Postal Service to drop plan tied to Trump’s election order

Watchdog faults Secret Service for missing 102 radio calls during 2024 Trump shooting

Ex-US Olympian indicted over alleged Reflecting Pool vandalism