News
Important Only
US DOJ won't seek injuction to prevent T-Mobile, UScellular merger
WASHINGTON, July 10 (Reuters) - The U.S. Justice Department said on Thursday its antitrust division has determined it won't seek an injunction to prevent T-Mobile TMUS.O from closing on its proposed acquisition of UScellular USM.N."After a thorough investigation, the Antitrust Division deter...Reuters
Thu, Jul 10
White House slams Powell over Fed finances, project cost overruns
July 10 (Reuters) - The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building ...Reuters
Thu, Jul 10
Voice actors can pursue some claims over AI voiceovers, US court says
By Blake Brittain July 10 (Reuters) - A federal judge in New York ruled on Thursday that a pair of voice actors can move ahead with a lawsuit accusing AI voiceover startup Lovo of violating their rights by using their voices in its technology without permission.U.S. District Judge J. Paul Oetken ...Reuters
Thu, Jul 10
THE DAY AHEAD-North America, July 11
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a pre...Reuters
Thu, Jul 10
ILW specialist Nicolini takes sales role at Moody's
By Mia MacGregorJuly 10 - (The Insurer) - Moody’s Analytics has appointed Stefano Nicolini as a sales director.Based in New York, Nicolini previously served as senior vice president at Acrisure Re from late 2020. He left that role in August last year, according to his LinkedIn profile.Earlier in his...Reuters
Thu, Jul 10
Cloud computing firm E2open beats Q1 revenue, adjusted EPS estimates
OverviewE2open fiscal Q1 2026 revenue of $152.6 mln beats analyst expectations, per LSEG dataAdjusted EPS for fiscal Q1 2026 was $0.05, exceeding analyst estimates, per LSEG dataThe anticipated acquisition by WiseTech Global positions E2open for further growth, expected to close by year-endOutlookCo...Reuters
Thu, Jul 10
Inside Debt - July 10
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
Thu, Jul 10
Nvidia's Huang meets Trump before leaving for China trip, Bloomberg News reports
July 10 (Reuters) - Nvidia NVDA.O CEO Jensen Huang will meet U.S. President Donald Trump at the White House on Thursday, a day before the former's planned trip to China, Bloomberg News reported on Thursday.The meeting with Trump comes as Nvidia's market value closed above $4 trillion for the...Reuters
Thu, Jul 10
British PM Starmer to visit Trump during his trip to Scotland this month, source says
WASHINGTON, July 10 (Reuters) - British Prime Minister Keir Starmer has accepted an invitation to visit U.S. President Donald Trump during his expected trip to Scotland this month, a source familiar with the plans said on Thursday.Details, including a specific date, were still being finalized, said ...Reuters
Thu, Jul 10
Frequency Electronics' Q4 revenue hits 25-year high of $20 mln
OverviewFrequency Electronics reports fiscal Q4 revenue of $20 mln, highest in 25 yearsPretax profit beats analyst's expectation, per LSEG dataCompany sees medium to long-term growth potential despite short-term unpredictabilityOutlookCo sees growth potential in quantum sensing market, investing...Reuters
Thu, Jul 10
Magnum Ice Cream Co names Jochanan Senf as Ben & Jerry's CEO
July 10 (Reuters) - The Magnum Ice Cream Company said on Thursday it has appointed Jochanan Senf as the global chief executive officer of Ben & Jerry's, effective mid-July.The leadership change comes as Ben & Jerry's is locked in a legal fight with parent Unilever ULVR.L over the rem...Reuters
Thu, Jul 10
Membership warehouse club operator PriceSmart beats Q3 revenue estimate
OverviewPriceSmart fiscal Q3 revenue rose 7.1% to $1.32 bln, beating estimate, per LSEG dataNet merchandise sales increased 8.0%, with constant currency growth of 9.5%Company evaluating Chile as a potential new market for expansionOutlookCompany evaluating Chile as a potential new market for expansi...Reuters
Thu, Jul 10
PUDO Q1 revenue jumps 64% on growth in returns business
OverviewPUDO fiscal Q1 revenue grows 64% yr/yr, driven by returns businessComprehensive loss for the period decreased by 67.9% yr/yrReturns accounted for 60.6% of revenue, up from 52.4% last yearOutlookCompany sees increasing opportunities in new business and customer expansionPUDO aims to expand U....Reuters
Thu, Jul 10
Levi Strauss lifts annual forecasts on steady denim demand in Europe despite tariff pain
July 10 (Reuters) - Levi Strauss LEVI.N raised its annual revenue and profit forecasts after beating quarterly estimates on Thursday, betting on strong demand for its denims in regions such as Europe in the face of tariff uncertainty.The denim maker's efforts to introduce new styles and collecti...Reuters
Thu, Jul 10
Clock ticks for Jackson Walker, US Trustee in ethics case involving ex-judge
Jackson Walker and a bankruptcy watchdog face tough choices after an ex-partner's judicial romance Quinn Emanuel sues to recoup $30 million in legal feesLatham tops rankings as M&A deal value surges By David Thomas July 10 (Reuters) - (Billable Hours is Reuters' weekly report on lawye...Reuters
Thu, Jul 10
Small businesses have high cyber risk awareness but lack preparedness, Coalition study finds
By Navneeta NandanJuly 10 - (The Insurer) - Cyber insurtech Coalition said that while small businesses are aware of cyber threats, most consider themselves too small to be targeted, leading to limited investment in cybersecurity.In its small business cybersecurity study, Coalition highlighted a disc...Reuters
Thu, Jul 10
Fed considers changes to how it grades big banks
By Pete SchroederWASHINGTON, July 10 (Reuters) - The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered "well managed," removing a hurdle for potential acquisitions and other restrictions. The proposal would adjust th...Reuters
Thu, Jul 10
Rubio seeks to counter unease over Trump tariffs on first Asia trip
Rubio says Indo-Pacific a 'focal point of U.S. foreign policy'Ishiba says Japan needs to wean itself off US dependenceU.S. seeks to strengthen ties, counter China's influenceRubio holds second in-person meeting with LavrovRubio, Wang Yi may meet this weekBy Daphne Psaledakis, Rozanna Lat...Reuters
Thu, Jul 10
