Business

With worries about WBD acquisition looming, Paramount takes the stage at CinemaCon

Thursday, April 16 by SRN News

LAS VEGAS (AP) - Paramount Pictures is taking the stage Thursday to present its upcoming slate to movie theater owners at CinemaCon in Las Vegas amid its pending deal to acquire Warner Bros. In late February, David Ellison's Paramount Skydance reached a deal valued at... Read More.

Gucci-owner’s new strategy looks half dressed

Thursday, April 16 by SRN News

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Yawen Chen LONDON, April 16 (Reuters Breakingviews) - In fashion, a weak collection is easy to spot: bold styles on the runway, but not enough substance when you look closely. Kering's latest... Read More.

Charles Schwab posts record quarterly profit on client growth, trading haul

Thursday, April 16 by SRN News

April 16 (Reuters) - Brokerage Charles Schwab posted record first-quarter profit on Thursday, lifted by robust client growth and trading activity. Markets navigated a tough landscape in the first three months of 2026, buffeted by renewed concerns around AI disruption and private credit. Jitters intensified in... Read More.

Fed’s Williams warns war is already driving up inflation pressures

Thursday, April 16 by SRN News

By Michael S. Derby NEW YORK, April 16 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday that the Middle East war is already driving up inflationary pressures, in remarks that noted the central bank is in position to respond to... Read More.

BNY’s profit rises on strong fees, interest income growth

Thursday, April 16 by SRN News

By Utkarsh Shetti and Saeed Azhar April 16 (Reuters) - BNY reported a rise in first-quarter profit on Thursday, as the world's largest custodian bank was helped by strong fee income and higher values of client assets. Global markets have swung sharply due to the Iran... Read More.

US manufacturing output dips in March

Thursday, April 16 by SRN News

WASHINGTON, April 16 (Reuters) - U.S. factory production unexpectedly fell in March after two straight months of solid gains, weighed down by decreases in the output of motor vehicles and a range of other goods. Manufacturing output dipped 0.1% last month after an upwardly revised... Read More.

US jobless claims fall last week as layoffs remain low despite global economic uncertainty

Thursday, April 16 by SRN News

WASHINGTON (AP) - U.S. applications for unemployment benefits fell last week, remaining in the range of the past few years even as the war in Iran continues to threaten the global economy. The number of Americans applying for jobless aid for the week ending April... Read More.

TPG invests $100 million in student mobility company Zum

Thursday, April 16 by SRN News

By Abigail Summerville NEW YORK, April 16 (Reuters) - Private equity firm TPG has made a $100 million investment in Zum, in a deal that values the student transportation company at around $1.7 billion, Zum told Reuters on Thursday. The valuation marks an increase from Zum's... Read More.

US weekly jobless claims decline as labor market remains stable

Thursday, April 16 by SRN News

WASHINGTON, April 16 (Reuters) - The number of Americans filing claims for unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious about hiring new workers as the conflict in the Middle East casts a shadow over the economy. Initial... Read More.

The Dodgers shattered MLB’s spending record at $515 million in 2025, 7 times the lowest payroll

Thursday, April 16 by SRN News

NEW YORK (AP) - The Dodgers shattered Major League Baseball's spending record with a combined $515 million in payroll and luxury tax last year en route to their second straight World Series title, according to final figures compiled by the commissioner's office, and Los... Read More.

Current Weather

With worries about WBD acquisition looming, Paramount takes the stage at CinemaCon

Gucci-owner’s new strategy looks half dressed

Charles Schwab posts record quarterly profit on client growth, trading haul

Fed’s Williams warns war is already driving up inflation pressures

BNY’s profit rises on strong fees, interest income growth

US manufacturing output dips in March

US jobless claims fall last week as layoffs remain low despite global economic uncertainty

TPG invests $100 million in student mobility company Zum

US weekly jobless claims decline as labor market remains stable

The Dodgers shattered MLB’s spending record at $515 million in 2025, 7 times the lowest payroll

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