Business

US dollar cuts gains after unexpected drop in February payrolls

Friday, March 6 by SRN News

(Corrects month to February in headline) NEW YORK, March 6 (Reuters) - The dollar trimmed gains against major currencies on Friday after data showed an unexpected decline in new jobs created in the world's largest economy last month, suggesting that the Federal Reserve could cut... Read More.

United Airlines warns fuel cost spike after Iran strike to hit quarterly results, CNBC reports

Friday, March 6 by SRN News

March 6 (Reuters) - United Airlines CEO Scott Kirby told CNBC on Friday that surging fuel prices following the U.S. and Israel's strike on Iran will have a "meaningful" hit on the carrier's first-quarter results, though travel demand remains resilient. Jet fuel prices have jumped... Read More.

Factbox-Top pharma companies racing to launch a weight-loss pill

Friday, March 6 by SRN News

March 6 (Reuters) - The global weight-loss drug market is entering a new phase, driven by the arrival of oral options, looming generic rivals and falling U.S. prices for blockbuster treatments from Eli Lilly and Novo Nordisk. The fast-changing landscape has prompted Wall Street to... Read More.

European firms navigate US tariff chaos post-Supreme Court ruling

Friday, March 6 by SRN News

By Matthias Inverardi, Emma Rumney, Christoph Steitz and Elisa Anzolin DUSSELDORF/LONDON/MILAN, March 6 (Reuters) - Since the U.S. Supreme Court knocked down some of President Donald Trump's key tariffs, European firms have been talking with U.S. clients, seeking legal advice on refunds and using a... Read More.

Maine’s catch of lobster declines again as high costs and climate change impact industry

Friday, March 6 by SRN News

PORTLAND, Maine (AP) - Maine's catch of lobsters declined for the fourth straight year, state fishing regulators said Friday, as the industry continued to grapple with soaring business costs, inflation and a changing ocean. The haul of lobsters, Maine's best known export and a key... Read More.

Retail sales fall modestly in January as American consumers pull back on spending

Friday, March 6 by SRN News

American consumers pulled back their spending to start 2026, extending the slump in retail sales that began late last year. Retail sales fell 0.2% in January following a flat reading in December. January's figure came in below the forecasts of economists, who were expecting another... Read More.

German media group Axel Springer will buy the publisher of UK’s Daily Telegraph for $766 million

Friday, March 6 by SRN News

LONDON (AP) - German media group Axel Springer has agreed to buy the owner of Britain's Daily Telegraph newspaper for 575 million pounds ($766 million), the companies announced Friday. The agreement ends a long saga over ownership of the Telegraph Media Group, which publishes the... Read More.

Analysis-Gulf sovereign wealth funds were built for a rainy day. This may be it.

Friday, March 6 by SRN News

By Hadeel Al Sayegh, Federico Maccioni, Rachna Uppal and Nazih Osseiran DUBAI/ABU DHABI March 6 (Reuters) - For decades, the Gulf's sovereign wealth funds have preserved and amplified the riches from oil and gas, investing in overseas assets and international markets to create a $5... Read More.

Analysis-Maritime insurance premiums surge as Iran conflict widens

Friday, March 6 by SRN News

By Noor Zainab Hussain and Manya Saini March 6 (Reuters) - As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging - in some cases by more than 1000% - dramatically driving up the cost of moving energy through a... Read More.

White House to press defense firms to boost production as US strikes on Iran draw down stockpiles

Friday, March 6 by SRN News

By Mike Stone WASHINGTON, March 6 (Reuters) - The Trump administration plans to meet executives from the biggest U.S. defense contractors at the White House on Friday to discuss accelerating weapons production, as the Pentagon works to replenish supplies drawn down by U.S. strikes on... Read More.

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Current Weather

US dollar cuts gains after unexpected drop in February payrolls

United Airlines warns fuel cost spike after Iran strike to hit quarterly results, CNBC reports

Factbox-Top pharma companies racing to launch a weight-loss pill

European firms navigate US tariff chaos post-Supreme Court ruling

Maine’s catch of lobster declines again as high costs and climate change impact industry

Retail sales fall modestly in January as American consumers pull back on spending

Analysis-Gulf sovereign wealth funds were built for a rainy day. This may be it.

Analysis-Maritime insurance premiums surge as Iran conflict widens

White House to press defense firms to boost production as US strikes on Iran draw down stockpiles

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