Business – Page 97 – Freedom 96.9

G7 summit at Swiss-French border brings tight security in case violent protests occur

Thursday, June 11 by SRN News

GENEVA (AP) - French and Swiss authorities will impose a week of pandemic-like border restrictions as U.S. President Donald Trump and other leaders attend a G7 summit starting Monday while organizers fear potentially violent protests. The summit of some of the world's richest nations from... Read More.

Dollar shaky as investors weigh rate outlook, Middle East worries

Wednesday, June 10 by SRN News

By Ankur Banerjee SINGAPORE, June 11 (Reuters) - The U.S. dollar wobbled on Thursday as new U.S. strikes in the Middle East undermined sentiment, while a surge in May U.S. consumer inflation to a three-year high kept investors uneasy about the Federal Reserve's monetary policy... Read More.

UAW reaches deal with Dauch Corp after 10-day strike

Wednesday, June 10 by SRN News

By Kalea Hall DETROIT, June 10 (Reuters) - The United Auto Workers has reached a deal with axle supplier Dauch Corp after a 10-day strike against the company at its Three Rivers, Michigan, plant, union President Shawn Fain said on Wednesday. • Dauch, formerly known... Read More.

Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes

Wednesday, June 10 by SRN News

June 11 (Reuters) - Oil prices climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran. Brent futures rose $2.30, or 2.47%, to $95.40 a barrel, while U.S.... Read More.

Target investors reject proposal for independent board chair, sources say

Wednesday, June 10 by SRN News

By Nicholas P. Brown and Juveria Tabassum June 10 (Reuters) - Target shareholders on Wednesday rejected an investor proposal to separate the roles of board chair and executive leadership, according to two sources with direct knowledge of the vote. The result allows former CEO Brian Cornell... Read More.

Shares retreat as techs extend losses, US strikes on Iran lift oil

Wednesday, June 10 by SRN News

SINGAPORE, June 11 (Reuters) - Asian stocks fell on Thursday, weighed down by a Wall Street selloff after a hotter-than-expected U.S. inflation reading, while renewed U.S. strikes on Iran fuelled a rise in oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan was down... Read More.

Still thinking about World Cup tickets? Here’s where prices, availability stand

Wednesday, June 10 by SRN News

NEW YORK (AP) - The World Cup starts Thursday, and FIFA is charging record prices at the 11 stadiums in the United States, three in Mexico and two in Canada. FIFA is using dynamic pricing and has repeatedly raised the prices since tickets first... Read More.

How major US stock indexes fared Wednesday 6/10/2026

Wednesday, June 10 by SRN News

Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower. The S&P 500 dropped 1.6% Wednesday after giving up a brief modest gain in the morning. The index had its first back-to-back drop in three weeks. The Dow Jones Industrial Average sank 1.9%,... Read More.

Trading Day: Sizzling AI now fizzling

Wednesday, June 10 by SRN News

By Jamie McGeever ORLANDO, Florida, June 10 (Reuters) - Another heavy selloff in tech dragged U.S. and global stocks lower on Wednesday, and wider investor sentiment was rocked and oil prices rose sharply after U.S. President Donald Trump threatened to hit Iran "very hard". In... Read More.

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by ‘hopes and dreams’

Wednesday, June 10 by SRN News

By Anirban Sen and Pritam Biswas June 10 (Reuters) - Prominent short seller Jim Chanos took aim at the highly anticipated IPO of SpaceX, warning the Elon Musk-led space company's offering is fueled by "hopes and dreams" that do not justify its astronomical valuations. SpaceX is... Read More.

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