News
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US judge sets hearing on bid to end Boeing criminal prosecution
WASHINGTON, July 18 (Reuters) - A U.S. judge on Friday said he will hold an Aug. 28 hearing on a request by the Justice Department and Boeing BA.N to approve an agreement that allows the planemaker to avoid prosecution.The deal, which faces objections from relatives of some of the 346 people killed ...Reuters
Fri, Jul 18
Los Angeles sues Airbnb for alleged price gouging following wildfires
July 18 (Reuters) - Los Angeles sued Airbnb ABNB.O, accusing the home rental company of allowing price gouging affecting more than 2,000 properties during January's wildfires in southern California, City Attorney Hydee Feldstein Soto said on Friday.Airbnb was accused of violating a California la...Reuters
Fri, Jul 18
US files motion to unseal grand jury transcripts related to Jeffrey Epstein
NEW YORK, July 18 (Reuters) - The U.S. government on Friday filed a motion to unseal grand jury transcripts related to the late financier and sex offender Jeffrey Epstein.In a filing in Manhattan federal court, the Department of Justice said the criminal cases against Epstein and his former associat...Reuters
Fri, Jul 18
Australia confident issues raised in US review of submarine project will be resolved
Submarine project launched in 2023 as counter to China Pentagon's Colby initiated review of AUKUS project in JuneConcerns that US will not have enough of its own submarines By David Brunnstrom WASHINGTON, July 18 (Reuters) - Australia's ambassador to Washington said on Friday his country...Reuters
Fri, Jul 18
Oak Valley Q2 net income falls on higher deposit interest expense
OverviewOak Valley Q2 net income falls to $5.6 mln from $5.9 mln a year agoNet interest income rises to $18.2 mln, driven by loan growth and stable marginsTotal deposits at $1.71 bln, down slightly from prior quarter, up yr/yrResult DriversLOAN GROWTH - Increased loan portfolio and higher loan yield...Reuters
Fri, Jul 18
Trump appointees pushed for marble in Fed renovation project
Trump appointees pushed for marble over glass in Fed renovationTrump criticizes Powell over Fed's cost overruns and marble useFed's project $600 million over budget, Powell defends managementBy Ann SaphirJuly 18 (Reuters) - President Donald Trump's appointees to a Washington project revi...Reuters
Fri, Jul 18
Brookfield Renewable to invest up to $1 billion in Isagen
July 18 (Reuters) - Brookfield Renewable BEPC.N said on Friday it will invest up to $1 billion to increase its stake in Colombian energy company Isagen S.A to about 38%.As a part of the deal, Qatar Investment Authority (QIA), an existing co-investor in Isagen, will also invest about $500 million and...Reuters
Fri, Jul 18
Baker Hughes Co expected to post earnings of 56 cents a share - Earnings Preview
Baker Hughes Co BKR.OQ BKR.O is expected to show a fall in quarterly revenue when it reports results on July 22 for the period ending June 30 2025The Houston Texas-based company is expected to report a 6.8% decrease in revenue to $6.654 billion from $7.14 billion a year ago, according to the mean...Reuters
Fri, Jul 18
Golf-Former champions Morikawa, Smith, Oosthuizen miss Open cut
PORTRUSH, Northern Ireland, July 18 (Reuters) - Former British Open champions Collin Morikawa, Darren Clarke, Zach Johnson, Stewart Cink, Louis Oosthuizen, Padraig Harrington and Cameron Smith missed the cut mark of one over par at Portrush on Friday.Australian Smith, the winner at St Andrews in 202...Reuters
Fri, Jul 18
WR Berkley names Albert president of E&S unit Vela, succeeding Davis
By Mia MacGregorJuly 18 - (The Insurer) - WR Berkley has appointed Shadi Albert as president of Vela Insurance Services, succeeding Arthur Davis, who will become chairman of the business. The appointments are effective immediately.Albert joined Berkley as president of Berkley Luxury Group in 2023. P...Reuters
Fri, Jul 18
Inside Debt - July 18
To access a PDF version of this newsletter, please click hereYou can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-pageFor an index of our newsletters click on NE...Reuters
Fri, Jul 18
New York judge dismisses Fleming's suit against James River over JRG Re sale
By Isha MaratheJuly 18 - (The Insurer) - A New York federal judge on Thursday dismissed Fleming Intermediate Holdings' lawsuit alleging that James River misrepresented the representations and warranties in its $300 million sale of reinsurance subsidiary JRG Re.Altamont-owned Fleming, a Cayman I...Reuters
Fri, Jul 18
Donald Trump sues Dow Jones, News Corp, Rupert Murdoch, WSJ reporters for libel, court records show
July 18 (Reuters) - U.S. President Donald Trump filed a lawsuit on Friday against Dow Jones, News Corp NWSA.O, Rupert Murdoch and two Wall Street Journal reporters, raising claims under federal libel law, court records show.A copy of the complaint was not immediately available. The case was filed in...Reuters
Fri, Jul 18
TransRe urges shift to claims-made policies as US casualty losses mount
By Mia MacGregorJuly 18 - (The Insurer) - The U.S. casualty insurance market is facing continued deterioration in results, driven by a rise in nuclear verdicts and underscoring the need for fundamental change, according to a new report from reinsurer TransRe.TransRe’s U.S. Casualty Market 2025 Updat...Reuters
Fri, Jul 18
CORRECTED-US rejects WHO pandemic changes to global health rules
By Ahmed Aboulenein WASHINGTON, July 18 (Reuters) - The United States has rejected amendments adopted in 2024 by members of the World Health Organization to its legally binding health rules aimed at improving preparedness for future pandemics following the disjointed global response to COVID-19.T...Reuters
Fri, Jul 18
WRAPUP 2 -Golf-Majestic Scheffler leads British Open, McIlroy hangs on
Scheffler leads on 10 under after superb 64England's Fitzpatrick one shot behindChina's Li, American Harman two adrift of leaderErratic McIlroy still in contention at three under By Martyn Herman and Ed OsmondPORTRUSH, Northern Ireland, July 18 (Reuters) - World number one Scottie Scheffler ...Reuters
Fri, Jul 18
Equity LifeStyle Properties Inc expected to post earnings of 41 cents a share - Earnings Preview
Equity LifeStyle Properties Inc ELS.N, ELS is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Chicago Illinois-based company is expected to report a 0.5% increase in revenue to $382.049 million from $380.02 million a year ago, ...Reuters
Fri, Jul 18
Calix Inc expected to post earnings of 21 cents a share - Earnings Preview
Calix Inc CALX.N, CALX.K is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The San Jose California-based company is expected to report a 13.0% increase in revenue to $223.821 million from $198.14 million a year ago, according to t...Reuters
Fri, Jul 18
