Business

Works to pedestrianize a key stretch of London’s Oxford Street will start this summer

Thursday, February 26 by SRN News

LONDON (AP) - Oxford Street in London's West End, one of the world's most famous shopping destinations, is getting a makeover with the creation of a new pedestrianized zone that the city's mayor hopes will revitalize its fortunes following struggles over recent decades. In a... Read More.

Report: Attacks on Ukraine’s energy system to lower economic growth this year and next

Thursday, February 26 by SRN News

Ukraine will see less economic growth this year due to extensive destruction of Ukraine's energy infrastructure by Russia over the winter, an international development bank said Thursday, as businesses struggle to keep going into the fifth year of Russia's invasion. The European Bank for Reconstruction... Read More.

Wall St eyes flat open as Nvidia’s strong results draw muted reaction

Thursday, February 26 by SRN News

By Shashwat Chauhan and Ragini Mathur Feb 26 (Reuters) - Wall Street's main indexes were set for a muted open on Thursday as Nvidia's stellar earnings garnered a tepid reception from investors and downbeat results from software company Salesforce weighed on sentiment. Nvidia was up... Read More.

Exclusive-Broadcom expects to sell 1 million 3D stacked chips by 2027

Thursday, February 26 by SRN News

By Max A. Cherney SAN JOSE, California, Feb 26 (Reuters) - Artificial intelligence chip designer Broadcom said that it expects to sell at least 1 million chips by 2027 based on its stacked design tech, an executive told Reuters on Wednesday. The forecast, which Reuters is... Read More.

Berkshire CEO Abel to lay out thinking for a post-Buffett world

Thursday, February 26 by SRN News

Feb 26 (Reuters) - Berkshire Hathaway's new Chief Executive Greg Abel faces numerous challenges as the successor to famed billionaire Warren Buffett. This Saturday, Wall Street will see how he tackled one unique to Berkshire: the highly anticipated annual letter to shareholders. Buffett, 95, stepped down... Read More.

Instagram says it will notify parents if teens ‘repeatedly’ search for terms related to suicide

Thursday, February 26 by SRN News

Instagram said Thursday it will start alerting parents if their kids repeatedly search for terms clearly associated with suicide or self-harm. The alerts will only go to parents who are enrolled in Instagram's parental supervision program. Instagram says it already blocks such content from showing... Read More.

Fire at an Ohio farm complex kills about 6,000 hogs and smoke is visible for miles

Thursday, February 26 by SRN News

LONDON, Ohio (AP) - A fire at an Ohio hog farm complex has killed about 6,000 of the animals, an official said. A large column of smoke could be seen in the distance on Wednesday from Fine Oak Farms in London, Chief Brian Bennington of... Read More.

US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels

Thursday, February 26 by SRN News

WASHINGTON (AP) - Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy levels. The number of Americans filing for jobless aid for the week ending Feb. 21 rose by 4,000 to 212,000 from the previous week, the Labor Department... Read More.

World Economic Forum head Børge Brende steps down following pressure over Epstein links

Thursday, February 26 by SRN News

GENEVA (AP) - World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with the late sex offender Jeffrey Epstein. Brende, a former Norwegian foreign minister, said in a statement that he had decided "after careful... Read More.

Nearly 90% of North American, European firms hedge FX exposure as uncertainty rises, survey says

Thursday, February 26 by SRN News

(Corrects name of company to MillTech from MillTechFX in paragraphs 1 and 6) By Sophie Kiderlin LONDON, Feb 26 (Reuters) - Nearly 90% of medium-sized North American and European companies are now hedging their currency exposure and about two out of three plan to keep... Read More.

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Current Weather

Works to pedestrianize a key stretch of London’s Oxford Street will start this summer

Report: Attacks on Ukraine’s energy system to lower economic growth this year and next

Wall St eyes flat open as Nvidia’s strong results draw muted reaction

Exclusive-Broadcom expects to sell 1 million 3D stacked chips by 2027

Berkshire CEO Abel to lay out thinking for a post-Buffett world

Fire at an Ohio farm complex kills about 6,000 hogs and smoke is visible for miles

US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels

World Economic Forum head Børge Brende steps down following pressure over Epstein links

Nearly 90% of North American, European firms hedge FX exposure as uncertainty rises, survey says

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