News
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Trump considering 11 candidates for Fed chair, CNBC reports
Aug 13 (Reuters) - The Trump administration is considering 11 candidates to replace U.S. Federal Reserve Chairman Jerome Powell when his term expires in May 2026, CNBC reported on Wednesday citing two administration officials.Reuters
Wed, Aug 13
DIARY-Political and General News Events from August 13
Aug 13 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, Aug 13
Uruguay's lower house of parliament votes in favor of euthanasia
By Lucinda Elliott MONTEVIDEO, Aug 13 (Reuters) - Uruguay's lower house of parliament voted on Wednesday to legalize euthanasia, emulating Cuba, Colombia and Ecuador in a societal shift around predominantly Catholic Latin America.The bill to decriminalize assisted dying passed by 64 votes in ...Reuters
Wed, Aug 13
Creative Media Q2 net loss widens to $14.3 mln
OverviewCreative Media Q2 net loss attributable to shareholders widens to $14.3 mln from $9.67 mlnFFO for Q2 declines to $7.9 mln, driven by lower segment NOICompany executes significant office leases in Austin and Los AngelesOutlookCompany plans upgrades to hotel public spaces later this yearCMCT e...Reuters
Wed, Aug 13
US Treasury chief says Trump could leverage sanctions at Putin meeting
WASHINGTON, Aug 13 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said sanctions or secondary tariffs could grow if President Donald Trump's meeting with Russian President Vladimir Putin does not go well, calling on European leaders to also leverage sanctions. "He will make i...Reuters
Wed, Aug 13
EXCLUSIVE-US embeds trackers in AI chip shipments to catch diversions to China, sources say
Trackers used to detect illegal AI chip diversion to China, sources sayTrackers found in Dell, Super Micro shipments containing Nvidia, AMD chips, sources sayChina criticizes US export curbs, tracking proposalsBy Fanny Potkin, Karen Freifeld and Jun Yuan Yong SINGAPORE/NEW YORK, Aug 13 (Reuter...Reuters
Wed, Aug 13
CytomX Therapeutics Provides Update On CX-2051 Phase 1 Study
Aug 13 (Reuters) - CytomX Therapeutics Inc CTMX.O:CYTOMX THERAPEUTICS PROVIDES UPDATE ON CX-2051 PHASE 1 STUDYCYTOMX THERAPEUTICS INC - CTMX-2051-101 STUDY REMAINS ACTIVE WITH CX-2051 DOSINGCYTOMX THERAPEUTICS INC - PHASE 1 DATA UPDATE EXPECTED BY Q1 2026Reuters
Wed, Aug 13
RPT-BREAKINGVIEWS-Yawing US airline betrays antitrust rudder limits
By Jonathan GuilfordNEW YORK, Aug 12 (Reuters Breakingviews) - Like airplane pilots, trustbusters have important gauges to check, including whether a seller can achieve sufficient altitude. Discount carrier Spirit Aviation FLYY.A warned of “substantial doubt” about its survival mere months after em...Reuters
Wed, Aug 13
Exclusive: Resilience names Coalition's Worrall as global director, insurance product
By Rebecca DelaneyAug 13 - (The Insurer) - Cyber insurtech Resilience has appointed Michelle Worrall to the newly-created role of global director of insurance product.In her new role, Worrall will be responsible for expanding Resilience's insurance products in order to tailor solutions to the ch...Reuters
Wed, Aug 13
Musk's bid to dismiss OpenAI's harassment claims denied in court
Aug 13 (Reuters) - A federal judge on Tuesday denied Elon Musk's bid to dismiss OpenAI's claims of a "years-long harassment campaign" by the Tesla CEO against the company he co-founded in 2015 and later abandoned before ChatGPT became a global phenomenon. In the latest turn in a cour...Reuters
Wed, Aug 13
Landstar System To Market Mexican Subsidiary Landstar Metro - SEC Filing
Aug 13 (Reuters) - Landstar System Inc LSTR.O:LANDSTAR SYSTEM INC - TO MARKET MEXICAN SUBSIDIARY LANDSTAR METRO - SEC FILINGLANDSTAR SYSTEM- EXPECTS NON-CASH IMPAIRMENT CHARGE TO GOODWILL & OTHER ASSETS OF ABOUT $13 MILLION TO $17 MILLION, OR $0.28 TO $0.37 PER SHARE IN Q3LANDSTAR SYSTEM INC - T...Reuters
Wed, Aug 13
PRESS DIGEST-Canada - Aug 13
Aug 13 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILAir Canada AC.TO starts cancelling flights ahead of potential work stoppage on Saturday. The airline has issued a loc...Reuters
Wed, Aug 13
Madison Square Garden Entertainment beats Q4 revenue estimates despite 17% decline
OverviewMadison Square Garden Entertainment Q4 revenue of $154.1 mln beats analysts' expectations, despite 17% declineAdjusted EBIT for Q4 beats estimates, net income misses expectationsCompany repurchased approximately $40 mln of Class A common stock in fiscal 2025OutlookMSG Entertainment antic...Reuters
Wed, Aug 13
Nexxen Reports Second Quarter 2025 Financial Results
Aug 13 (Reuters) - Nexxen International Ltd 7P91.F:NEXXEN REPORTS SECOND QUARTER 2025 FINANCIAL RESULTSNEXXEN INTERNATIONAL LTD: REAFFIRMS ITS PRIOR FULL YEAR 2025 FINANCIAL GUIDANCENEXXEN INTERNATIONAL LTD: Q2 REVENUE $90.9 MILLIONNEXXEN INTERNATIONAL LTD: Q2 EPS $0.29Reuters
Wed, Aug 13
Ocugen Gets EMA Backing on OCU410ST Approval Pathway for Stargardt Gene Therapy
Aug 13 (Reuters) - Ocugen Inc OCGN.O:OCUGEN, INC. ANNOUNCES POSITIVE SCIENTIFIC ADVICE FROM THE EUROPEAN MEDICINES AGENCY RELATED TO THE APPROVAL PATHWAY FOR OCU410ST—MODIFIER GENE THERAPY FOR STARGARDT DISEASEReuters
Wed, Aug 13
NWTN Names Yehong Ji Independent Director to Boost Global Capital And Digital Strategy
Aug 13 (Reuters) - NWTN Inc NWTN.O:NWTN APPOINTS VETERAN INVESTMENT BANKER YEHONG JI AS INDEPENDENT DIRECTOR FOLLOWING SHAREHOLDER APPROVAL, STRENGTHENS BOARD EXPERTISE IN GLOBAL CAPITAL MARKETS AND DIGITAL TRANSFORMATIONReuters
Wed, Aug 13
Scilex Announces S-4 Effectiveness for Denali–Semnur Merger Proposal
Aug 13 (Reuters) - Denali Capital Acquisition Corp DNQAF.PK:SCILEX HOLDING COMPANY (NASDAQ: SCLX) ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT ON FORM S-4 FOR THE PROPOSED BUSINESS COMBINATION OF DENALI CAPITAL ACQUISITION CORP. AND SEMNUR PHARMACEUTICALS, INC., A MAJORITY-OWNED SUBSIDIARY OF S...Reuters
Wed, Aug 13
