Business

Texas attorney general probes Lululemon over potential ‘forever chemicals’ in its activewear

Monday, April 13 by SRN News

April 13 (Reuters) - Texas Attorney General Ken Paxton has launched an investigation into athleisure brand Lululemon over the potential presence of "forever chemicals" in its activewear, he said on Monday in a post on social-media platform X. The probe will examine whether Lululemon's athletic... Read More.

Hollywood stars sign open letter opposing Paramount-Warner Bros deal

Monday, April 13 by SRN News

By Harshita Mary Varghese April 13 (Reuters) - Over 1,000 filmmakers, actors and industry professionals signed an open letter opposing Warner Bros Discovery's proposed $110 billion merger with Paramount Skydance, warning it would reduce competition and deepen consolidation in the U.S. media sector. • Actors including... Read More.

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

Monday, April 13 by SRN News

By Scott DiSavino NEW YORK, April 13 (Reuters) - Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran's ports nL6N40V09S, while Tehran threatened to retaliate against its Gulf neighbours' ports,... Read More.

LVMH flags sales impact of Iran war in blow to hopes for luxury revival

Monday, April 13 by SRN News

PARIS, April 13 (Reuters) - French luxury giant LVMH suffered a heavy impact from the Middle Eastern conflict https://www.reuters.com/world/iran/, it said on Monday, as sales fell in the Gulf and many rich tourists from the region also stopped spending in Europe. Global quarterly sales at... Read More.

J.P.Morgan, Morgan Stanley urge buying the dip as US earnings stay resilient

Monday, April 13 by SRN News

April 13 (Reuters) - Wall Street brokerages J.P.Morgan and Morgan Stanley said recent market weakness has created opportunities for long-term investors, arguing that resilient corporate earnings growth could cushion the fallout from the Middle East conflict. Hopes of a de-escalation in the conflict... Read More.

The US is short 10 million houses. A new White House report lays out a blueprint to fix that

Monday, April 13 by SRN News

WASHINGTON (AP) - White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday - and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic... Read More.

The US is short 10 million houses. A new White House report lays out a blueprint to fix that

Monday, April 13 by SRN News

WASHINGTON (AP) - White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday - and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic... Read More.

UK to probe Paramount-Warner Bros deal in coming weeks, competition watchdog says

Monday, April 13 by SRN News

April 13 (Reuters) - Britain's antitrust watchdog is expected to launch an investigation into Paramount Skydance's planned $110 billion acquisition of Warner Bros Discovery in "the coming weeks," a spokesperson said on Monday. "The film and TV industries contribute billions to our economy, so it's... Read More.

Wall St subdued at open as failed US-Iran talks unsettle investors

Monday, April 13 by SRN News

April 13 (Reuters) - Wall Street's main indexes opened lower on Monday after weekend talks between the U.S. and Iran failed to deliver a deal nL6N40V09S to end the war, threatening a nascent recovery in equities and risking a renewed bout of volatility. The Dow... Read More.

US existing home sales drop to nine-month low in March amid tight supply

Monday, April 13 by SRN News

By Lucia Mutikani WASHINGTON, April 13 (Reuters) - U.S. existing home sales fell to a nine-month low in March amid tight inventory and growing concerns over the labor market, and a recent increase in mortgage rates because of the war with Iran could limit activity... Read More.

Current Weather

Texas attorney general probes Lululemon over potential ‘forever chemicals’ in its activewear

Hollywood stars sign open letter opposing Paramount-Warner Bros deal

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

LVMH flags sales impact of Iran war in blow to hopes for luxury revival

J.P.Morgan, Morgan Stanley urge buying the dip as US earnings stay resilient

The US is short 10 million houses. A new White House report lays out a blueprint to fix that

The US is short 10 million houses. A new White House report lays out a blueprint to fix that

UK to probe Paramount-Warner Bros deal in coming weeks, competition watchdog says

Wall St subdued at open as failed US-Iran talks unsettle investors

US existing home sales drop to nine-month low in March amid tight supply

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