News
Important Only
Intel Says it Recognized $1.9 Billion In Restructuring Charges In Q2
July 25 (Reuters) - Intel Corp INTC.O:INTEL Q2 ADJUSTED EPS $-0.10 VERSUS IBES ESTIMATE $0.01INTEL Q2 REVENUE $12.86 BILLION VERSUS IBES ESTIMATE $11.92 BILLIONINTEL: PLANS TO END YEAR WITH CORE WORKFORCE OF ABOUT 75,000 EMPLOYEES DUE TO WORKFORCE REDUCTIONS, ATTRITIONINTEL: RECOGNIZED $1.9 BILLION ...Reuters
Thu, Jul 24
Trump signs executive order on college sports, White House says
July 24 (Reuters) - U.S. President Donald Trump has signed an executive order to "protect student-athletes" and collegiate athletic scholarships and opportunities, the White House said on Thursday."The Order requires the preservation and, where possible, expansion of opportunities for sc...Reuters
Thu, Jul 24
Glass Lewis sues Texas over proxy advice restrictions
July 24 (Reuters) - Glass Lewis, one of the best known proxy advisers, sued Texas on Thursday over a new, first-of-its-kind state law limiting its ability to give shareholders advice on diversity, environmental and governance practices.In a complaint filed in Austin, Texas federal court, Glass Lewis...Reuters
Thu, Jul 24
Grammy-winning jazz musician Chuck Mangione dies at 84
By Rich McKayJuly 24 (Reuters) - American two-time Grammy-winning jazz flugelhorn player Chuck Mangione, best known for his 1970s cross-over hit "Feels So Good," died this week at age 84 at his home in Rochester, New York.The prolific musician and composer - whose career spanned five decades...Reuters
Thu, Jul 24
FAA to review Boeing supply chain before approving hike to 737 MAX production
New FAA administrator says Boeing making improvements, but must show more progressBoeing has not yet sought approval for increasing 737 max productionBoeing is still awaiting FAA certification of new versions of the MAXBy David Shepardson OSHKOSH, Wisconsin July 24 (Reuters) - The head of the Fed...Reuters
Thu, Jul 24
Powell will be present for Federal Reserve tour, Trump says
WASHINGTON, July 24 (Reuters) - Donald Trump on Thursday said Federal Reserve Chair Jerome Powell will be present when the U.S. president and other officials tour the Fed's headquarters in Washington."Getting ready to head over to the Fed to look at their, now, $3.1 Billion Dollar (PLUS!) co...Reuters
Thu, Jul 24
Oregon adoption policy on LGBTQ acceptance violates free speech rights, court says
Court rules Oregon policy violates free speech and religious rightsWould-be adoptive parent wins injunction against policy in her caseBy Diana Novak JonesCHICAGO, July 24 (Reuters) - An Oregon woman seeking to adopt two children out of foster care will be allowed to move forward after a U.S. appeals...Reuters
Thu, Jul 24
India's Goyal hopeful of concluding US trade deal after 'fantastic' progress
By Alistair Smout LONDON, July 24 (Reuters) - India is making "fantastic" progress in trade talks with the United States, Commerce Minister Piyush Goyal told Reuters on Thursday, adding he was very confident that India would get special treatment from President Donald Trump.Trump threaten...Reuters
Thu, Jul 24
Deals of the day-Mergers and acquisitions
July 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Italy's Monte dei Paschi BMPS.MI is focused on its takeover offer for Mediobanca MDBI.MI, its chief executive said, adding further deals would be something the state-backed bank c...Reuters
Thu, Jul 24
SouthState Corp's Q2 adjusted EPS beats estimates, dividend up 11%
OverviewSouthState Q2 adjusted EPS beats analyst expectations, per LSEG dataAdjusted net income for Q2 beats estimates, driven by strategic movesCo increases quarterly cash dividend by 11%OutlookCompany highlights strategic moves generating strong returns for future growthSouthState optimistic about...Reuters
Thu, Jul 24
Britain and India sign free trade pact during Modi visit
Trade deal cuts tariffs on whisky and carsLeaders seal deal in shadow of Trump tariffsIndia agreement is UK's biggest post-Brexit dealGoyal says both sides recognised sensitivitiesBy Alistair Smout and Manoj Kumar LONDON/NEW DELHI, July 24 (Reuters) - Britain and India signed a free trade agr...Reuters
Thu, Jul 24
US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China's CATL
WASHINGTON, July 24 (Reuters) - The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas to JPMorgan Chase JPM.N CEO Jamie Dimon and Bank of America BAC.N CEO Brian Moynihan over their roles in underwriting the initial public offering of Chinese battery manufact...Reuters
Thu, Jul 24
US sues New York City to block laws it says impede immigration enforcement
NEW YORK, July 24 (Reuters) - The U.S. government on Thursday sued New York City, seeking to block enforcement of several local laws its says are designed to impede its ability to enforce federal immigration laws.In a complaint filed in Brooklyn federal court, the U.S. government said New York City&...Reuters
Thu, Jul 24
Liberty Global Offers Voluntary Redundancy To 800 Staff And Plans To Offload Dassault Falcon Aircraft - FT
July 25 (Reuters) - LIBERTY GLOBAL TO SLASH JOBS AND SELL PRIVATE JET IN RESTRUCTURING - FTLIBERTY GLOBAL OFFERS VOLUNTARY REDUNDANCY TO 800 STAFF AND PLANS TO OFFLOAD DASSAULT FALCON AIRCRAFT - FTSource text: https://tinyurl.com/y3detaeyReuters
Thu, Jul 24
US State Dept OKs potential sale of air defense sustainment to Ukraine
WASHINGTON, July 24 (Reuters) - The U.S. State Department has potential approved military sales, including air defense sustainment, to Ukraine for $330 million, the Pentagon said on Thursday.The package includes M109 self-propelled howitzer maintenance, repair and overhaul Capability for $150 millio...Reuters
Thu, Jul 24
US State Dept approves potential sale of surface-to-air missiles to Egypt
July 24 (Reuters) - The U.S. State Department has approved the potential sale of a national advanced surface-to-air missile system and related elements of logistics and program support to Egypt for an estimated $4.67 billion, the Pentagon said in a statement on Thursday.The principal contractor for ...Reuters
Thu, Jul 24
Judge finds five former players not guilty of sexual assault in Hockey Canada trial
July 24 (Reuters) - Five former members of Canada's 2018 world junior ice hockey team were found not guilty of sexually assaulting a woman in a hotel room that year, a judge declared on Thursday, according to CBC.The charges against Michael McLeod, Alex Formenton, Dillon Dube, Carter Hart and Ca...Reuters
Thu, Jul 24
