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CDI's Lara warns of 'early warning signs' in California workers’ comp market
By Mia MacGregorJuly 21 - (The Insurer) - California Insurance Commissioner Ricardo Lara has warned of rising costs in the state's workers' compensation system, prompting an 8.7% increase in the state insurance regulator's average advisory pure premium rate for the line.The rate adjustme...Reuters
Mon, Jul 21
Lawmakers want US tech CEOs to address concerns about submarine cables
By David Shepardson WASHINGTON, July 21 (Reuters) - Three Republican House lawmakers on Monday asked the CEOs of Alphabet GOOGL.O, Facebook parent Meta META.O, Amazon.com AMZN.O and Microsoft MSFT.O if they have adopted adequate safeguards to address growing national security concerns on submarin...Reuters
Mon, Jul 21
S&P Says Prices Of Building Materials Expected To Rise As Result Of Tariffs
July 21 (Reuters) - S&P: PRICES OF BUILDING MATERIALS ARE EXPECTED TO RISE AS A RESULT OF TARIFFSS&P: CONSTRUCTION MARKET IN UNITED STATES IS EXPECTED TO BE MOST IMPACTED BY TARIFF POLICIES AND WILL SLOW THROUGHOUT LATTER HALF OF 2025Source text: [ID:]Further company coverage: [ ]Reuters
Mon, Jul 21
UK and ChatGPT maker OpenAI sign new strategic partnership
Partnership will boost economic growth, official saysOpenAI could increase the size of its London officePM Keir Starmer hopes to turn UK into AI superpower LONDON, July 21 (Reuters) - Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security r...Reuters
Mon, Jul 21
Marines ending Los Angeles deployment, Pentagon says
By Phil StewartWASHINGTON, July 21 (Reuters) - The Pentagon announced on Monday it was ending its deployment of some 700 active-duty Marines sent to Los Angeles last month to protect federal property and personnel during a spate of protests tied to President Donald Trump's immigration crackdown....Reuters
Mon, Jul 21
US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say
By Rishika Sadam and Sai Ishwarbharath BHYDERABAD/BENGALURU, July 21 (Reuters) - U.S. retailer Costco Wholesale Corp COST.O will open its first technology centre in India in Hyderabad, two people familiar with the plans told Reuters.The Global Capability Centre, handling technology and research oper...Reuters
Mon, Jul 21
IMF says No. 2 official, Gopinath, leaving at end-August to return to Harvard
WASHINGTON, July 21 (Reuters) - Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday.IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in "d...Reuters
Mon, Jul 21
Mercurity FinTech Prices Offering Of $43.70 Million For Crypto Treasury Strategy
July 21 (Reuters) - Mercurity Fintech Holding Inc MFH.O:MERCURITY FINTECH HOLDING INC. ANNOUNCES PRICING OF REGISTERED DIRECT OFFERING OF $43.70 MILLION FOR CRYPTO TREASURY STRATEGYMERCURITY FINTECH HOLDING- TO ISSUE 12,485,715 SHARES AND WARRANTS AT $3.50 EACHReuters
Mon, Jul 21
San Juan Basin Royalty Trust Declares No Cash Distribution For July - SEC Filing
July 21 (Reuters) - San Juan Basin Royalty Trust SJT.N:SAN JUAN BASIN ROYALTY TRUST - DECLARES NO CASH DISTRIBUTION FOR JULY - SEC FILINGSAN JUAN BASIN ROYALTY TRUST - NO JULY DISTRIBUTION DUE TO EXCESS COSTS AND LOW GAS PRICING - SEC FILINGSource text: [ID:n0000950170-25-097177]Reuters
Mon, Jul 21
Trump administration files appeal to revive executive order against law firm Jenner
By Mike Scarcella July 21 (Reuters) - President Donald Trump’s administration on Monday appealed a ruling that struck down an executive order targeting law firm Jenner & Block over its past employment of a prosecutor involved in a special counsel investigation of Trump's 2016 campaign.The...Reuters
Mon, Jul 21
Trump administration asks US appeals court to block order reinstating FTC commissioner Slaughter
July 21 (Reuters) - President Donald Trump’s administration on Monday asked a U.S. appeals court to block a court order that allowed Democratic U.S. Federal Trade Commissioner Rebecca Slaughter to resume her role at the agency, despite the White House’s effort to remove her from office.The Justice D...Reuters
Mon, Jul 21
Harvard battles Trump administration in court over canceled funding
Harvard urges judge to declare grant funding cut unlawfulHarvard contends Trump administration is violating First AmendmentDOJ lawyer says language in Harvard grants allows for funding cutsBy Nate Raymond and Tim McLaughlin BOSTON, July 21 (Reuters) - Harvard University urged a federal judge on M...Reuters
Mon, Jul 21
Philippines' Marcos to meet Trump hoping to secure trade deal
Marcos hopes alliance helps get favorable trade deal from TrumpAnalyst thinks Philippines may fare better than Vietnam, IndonesiaPhilippines aims to strengthen economic, defense ties with USMarcos is first Southeast Asian leader to visit US in Trump's second termThreatened tariffs on Philippines...Reuters
Mon, Jul 21
Fed posts video tour, renovation details as White House intensifies attacks
Renovation criticized as White House pressures Fed on ratesVideo tour shows construction challenges like asbestos abatementFed posts documents refuting existence of some lavish details By Ann Saphir July 21 (Reuters) - The Federal Reserve on Monday added a video tour and new details about the ren...Reuters
Mon, Jul 21
US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say
By Rishika Sadam and Sai Ishwarbharath BHYDERABAD/BENGALURU, July 21 (Reuters) - U.S. retailer Costco Wholesale Corp COST.O will open its first global capability centre (GCC) in India in Hyderabad, two people familiar with the plans told Reuters.The centre will initially employ 1,000 people and scal...Reuters
Mon, Jul 21
U.S. Retail Giant Costco To Set Up Global Capability Centre In India's Hyderabad, To Employ 1,000 People - Sources Familiar With Plans Told Reuters
July 21 (Reuters) - U.S. RETAIL GIANT COSTCO TO SET UP GLOBAL CAPABILITY CENTRE IN INDIA'S HYDERABAD, TO EMPLOY 1,000 PEOPLE - SOURCES FAMILIAR WITH PLANS TOLD REUTERSSource text: [ID:]Reuters
Mon, Jul 21
MOVES-Morgan Stanley hires Shahsingh from UBS to head North American industrial services IB
By Tatiana Bautzer NEW YORK, July 21 (Reuters) - Morgan Stanley MS.N has hired Aftab Shahsingh from UBS UBSG.S to lead industrial services coverage in its investment bank in North America, according to a source familiar with the situation. Shahsingh has worked in industrial services for over 15 y...Reuters
Mon, Jul 21
Golf-Scheffler draws comparisons to Woods after dominant British Open win
By Frank Pingue July 21 (Reuters) - Scottie Scheffler had already cemented his place among golf's all-time greats, but his commanding four-shot victory at the British Open reignited comparisons to Tiger Woods.Sunday's final round of the British Open at Royal Portrush was one of the more ...Reuters
Mon, Jul 21
