Business

Factbox-Stocks to watch as Trump’s new tariffs spell more uncertainty

Monday, February 23 by SRN News

Feb 23 (Reuters) - Tariff uncertainty is back after U.S. President Donald Trump announced a new 15% duty following a Supreme Court ruling that struck down his broader levies last week. Domestic lumber product makers fell on Monday on fears of pricing pressure from cheaper... Read More.

New York Fed inflation measure heats up in December

Monday, February 23 by SRN News

By Michael S. Derby Feb 23 (Reuters) - The underlying level of inflation heated up in December as measured by a New York Federal Reserve gauge, suggesting further challenges in getting overall price pressures back to the U.S. central bank's 2% target. The regional Fed bank... Read More.

Citi nears Banamex stake sale to investor group including Blackstone, Bloomberg News reports

Monday, February 23 by SRN News

Feb 23 (Reuters) - Citigroup is nearing a deal to sell a 24% stake in its Mexican retail bank Grupo Financiero Banamex to a group of investors that includes Blackstone, Bloomberg News reported on Monday, citing people familiar with the matter. The move would follow... Read More.

C.H. Robinson CEO says AI will drive freight brokerage consolidation

Monday, February 23 by SRN News

By Abhinav Parmar and Apratim Sarkar Feb 23 (Reuters) - Global logistics provider C.H. Robinson's CEO Dave Bozeman dismissed a recent selloff tied to AI-led disruption in the freight industry, and said the race to adopt the technology would spur consolidation instead. C.H. Robinson's... Read More.

Serena Williams brings athlete discipline to business leadership in ‘The CEO Club’ series

Monday, February 23 by SRN News

LOS ANGELES (AP) - Serena Williams may have traded match points for meetings, but the hustle doesn't stop - even during interviews. When Williams logged onto Zoom for an interview with The Associated Press, she was already mid-glam, toggling between touch-ups and business talk. It... Read More.

Exclusive-Volvo Cars to recall 40,000 electric SUVs over battery fire risk

Monday, February 23 by SRN News

By Marie Mannes STOCKHOLM, Feb 23 (Reuters) - Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker's hard-earned reputation for safety and cost it... Read More.

Winners and losers from Trump’s new 15% global tariff

Monday, February 23 by SRN News

Feb 23 (Reuters) - The U.S. Supreme Court annulment of President Donald Trump's "reciprocal" tariffs justified on national emergency grounds and Trump's subsequent move to impose a temporary 15% global tariff have thrown world trade into a new bout of confusion. For some countries -... Read More.

Ireland, Finland, others warn against relaxing EU merger rules

Monday, February 23 by SRN News

By Julia Payne and Foo Yun Chee BRUSSELS, Feb 23 (Reuters) - Finland, Ireland, the Czech Republic and two Baltic countries have warned against loosening EU merger rules in response to calls by some companies for easier regulatory scrutiny of their deals in order to... Read More.

Bayer files lawsuit against Johnson & Johnson, Janssen Biotech

Monday, February 23 by SRN News

BERLIN, Feb 23 (Reuters) - German pharmaceutical company Bayer said on Monday that it had filed a lawsuit in a New York court against Johnson & Johnson and Janssen Biotech Inc related to its Nubeqa prostate cancer drug. (Writing by Friederike HeineEditing by... Read More.

US to make tariff decision on solar panels from India, Indonesia and Laos

Monday, February 23 by SRN News

Feb 23 (Reuters) - The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia. The announcement is the first of two expected by the agency in the... Read More.

Current Weather

Factbox-Stocks to watch as Trump’s new tariffs spell more uncertainty

New York Fed inflation measure heats up in December

C.H. Robinson CEO says AI will drive freight brokerage consolidation

Serena Williams brings athlete discipline to business leadership in ‘The CEO Club’ series

Exclusive-Volvo Cars to recall 40,000 electric SUVs over battery fire risk

Winners and losers from Trump’s new 15% global tariff

Ireland, Finland, others warn against relaxing EU merger rules

Bayer files lawsuit against Johnson & Johnson, Janssen Biotech

US to make tariff decision on solar panels from India, Indonesia and Laos

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