Business

Paramount says California AG contradicted bond arguments in TV interviews

Tuesday, September 8 by SRN News

By Jody Godoy Sept 8 (Reuters) - Paramount Skydance said on Tuesday that California Attorney General Rob Bonta made statements in television interviews that undermine his legal arguments against the company's request for a $1.88 billion bond in the Warner Bros. Discovery merger case. Paramount... Read More.

CVC names insider, TPG executive as co-CEOs to succeed Lucas in 2028

Tuesday, September 8 by SRN News

Sept 9 (Reuters) - CVC Capital Partners on Wednesday named insider Peter Rutland and TPG's Todd Sisitsky as co-chief executives, setting up a leadership transition as incumbent Rob Lucas prepares to step down in the first quarter of 2028. Lucas, who has led the private... Read More.

Smithfield Foods expects to swing to third-quarter operating loss in fresh pork business

Tuesday, September 8 by SRN News

Sept 8 (Reuters) - Smithfield Foods said on Tuesday its fresh pork segment is expected to swing to an adjusted operating loss in the third quarter, due to persistent pressure from lower hog prices and a shrinking industry market spread amid cautious spending. Shares of... Read More.

LIV Golf files for bankruptcy protection as it tries to survive in a smaller version

Tuesday, September 8 by SRN News

LIV Golf filed for Chapter 11 bankruptcy protection Tuesday in New Jersey with more than $500 million in debt, part of its goal to revive the league without Saudi funding. The move was widely expected after the Public Investment Fund of Saudi Arabia abruptly ended... Read More.

US to ban Canadian dairy, alcohol, motor vehicle imports on September 29

Tuesday, September 8 by SRN News

WASHINGTON, Sept 8 (Reuters) - The Trump administration will ban the import of certain Canadian alcoholic beverages, motor vehicles and dairy products starting September 29, showed notices posted on the White House website on Tuesday. (Reporting by Ryan Jones and Gram Slattery; Editing by... Read More.

OpenAI offers AI for chip design, touts cost advantage over open-source, CFO says

Tuesday, September 8 by SRN News

By Krystal Hu Sept 8 (Reuters) San Francisco - OpenAI is pushing its AI into specialized industries and undercutting open-source rivals on cost, Chief Financial Officer Sarah Friar said on Monday, as the ChatGPT maker sees accelerating enterprise growth. Speaking at Goldman Sachs' Communacopia +... Read More.

Oil jumps $1 in early trade after Iran launches missiles at Jordan

Tuesday, September 8 by SRN News

September 9 (Reuters) - Oil prices jumped for the fourth straight session, gaining more than $1 in early trade on Wednesday after Iran launched fresh attacks on U.S. military assets in the Gulf as the war between Washington and Tehran continued to spill out... Read More.

Nike shareholders reject climate proposal backed by Norway wealth fund

Tuesday, September 8 by SRN News

By Danielle Kaye NEW YORK, Sept 8 (Reuters) - Nike shareholders have rejected a proposal urging more transparency on its climate goals, including disclosing details on how the sportswear maker intends to reach emissions-reduction targets, the company said on Tuesday. The shareholder resolution resurfaced questions about... Read More.

These simple portfolio checks could save you from costly mistakes

Tuesday, September 8 by SRN News

A portfolio management policy of benign neglect beats a too-active one any day. Nonetheless, it's a good idea to check up on your portfolio periodically. Here are key items to keep on your dashboard. If you're still accumulating assets for retirement, does your current portfolio... Read More.

Meta launches personal AI agent, Muse, emphasizes safety and privacy

Tuesday, September 8 by SRN News

Meta launched on Tuesday a personal artificial intelligence agent, Muse, for people 18 and over who are looking for help with day-to-day tasks like schedules, shopping and, in the company's words, turning "long-term goals into action plans." The parent company of Instagram and Facebook... Read More.

Current Weather

Paramount says California AG contradicted bond arguments in TV interviews

CVC names insider, TPG executive as co-CEOs to succeed Lucas in 2028

Smithfield Foods expects to swing to third-quarter operating loss in fresh pork business

LIV Golf files for bankruptcy protection as it tries to survive in a smaller version

US to ban Canadian dairy, alcohol, motor vehicle imports on September 29

OpenAI offers AI for chip design, touts cost advantage over open-source, CFO says

Oil jumps $1 in early trade after Iran launches missiles at Jordan

Nike shareholders reject climate proposal backed by Norway wealth fund

These simple portfolio checks could save you from costly mistakes

Meta launches personal AI agent, Muse, emphasizes safety and privacy

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