Business – Page 760 – Freedom 96.9

Dollar steadies as fragile US-Iran ceasefire weighs on markets

Thursday, April 9 by SRN News

By Satoshi Sugiyama TOKYO, April 9 (Reuters) - The dollar caught its breath in early Thursday trade after broad losses, as investors anxiously assessed whether a fragile two-week ceasefire between the United States and Iran would hold. The dollar index,, which measures the greenback against a... Read More.

Appeals court rebuffs Anthropic in latest round of its AI battle with the Trump administration

Thursday, April 9 by SRN News

WASHINGTON (AP) - A federal appeals court on Wednesday refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. The U.S. Court of Appeals in Washington, D.C.,... Read More.

US crude futures rise after settling previous session with biggest fall in six years

Wednesday, April 8 by SRN News

BEIJING, April 9 (Reuters) - U.S. crude futures rose on Thursday morning after settling with the biggest fall since April 2020 during the previous trading session, after U.S. President Donald Trump agreed to a two-week ceasefire with Iran. U.S. West Texas Intermediate (WTI) crude rose... Read More.

OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC

Wednesday, April 8 by SRN News

April 8 (Reuters) - OpenAI plans to reserve a portion of its shares from an initial public offering for individual investors, CFO Sarah Friar told CNBC on Wednesday, as the ChatGPT maker gears up for a highly anticipated U.S. stock market listing. The AI startup... Read More.

Ocean protections clash with mining pressure in Indonesia’s most diverse marine ecosystem

Wednesday, April 8 by SRN News

MISOOL, Indonesia (AP) - There is an explosion of color beneath the surface in Raja Ampat, a remote archipelago in eastern Indonesia where sharks, mantas and sea turtles glide alongside vast schools of fish through sea fan coral formations, some of which are only... Read More.

Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement

Wednesday, April 8 by SRN News

NEW YORK (AP) - A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7, resulting in hundreds of thousands of dollars in profits for these new... Read More.

US court declines to block Pentagon’s Anthropic blacklisting for now

Wednesday, April 8 by SRN News

(Corrects dateline to April 8. No changes to text) By Jack Queen NEW YORK, April 8 (Reuters) - A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of Anthropic for now, a win for the Trump administration that comes... Read More.

Constellation Brands posts smaller‑than‑expected quarterly sales drop on steady Mexican beer demand

Wednesday, April 8 by SRN News

April 8 (Reuters) - Corona beer maker Constellation Brands posted a smaller-than-expected drop in fourth-quarter sales on Wednesday, helped by stable demand for its Mexican lager brands such as Pacifico and Victoria. Lower prices and a sharper marketing strategy helped lift demand for the company's... Read More.

US banks could release $320 billion in capital with new draft rules, analysts say

Wednesday, April 8 by SRN News

By Tatiana Bautzer NEW YORK, April 8 (Reuters) - Big U.S. banks may be able to release up to $320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analysts estimated on Wednesday. Analysts led by Morgan Stanley's Manan Gosalia... Read More.

Fed rate cut bets revived, a bit, by Iran war ceasefire

Wednesday, April 8 by SRN News

By Ann Saphir April 8 (Reuters) - Federal Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran conflict has eased concerns about a resurgence of inflation, but with uncertainty over the outlook for... Read More.

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