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Ford says Michigan EV battery plant 'on track' for production tax credits
July 8 (Reuters) - Ford Motor F.N said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.
Reuters
Tue, Jul 8
FTC grants early antitrust clearance for Doctors' $1.3 billion ProAssurance deal
By Ashish TiwariJuly 8 - (The Insurer) - The Doctors Company and ProAssurance said on Monday that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Act, clearing a key antitrust hurdle for their $1.3 billion merger.The move satisfies on...Reuters
Tue, Jul 8
Rubio impersonator used AI in calls to foreign ministers, cable shows
By Humeyra PamukWASHINGTON, July 8 (Reuters) - An imposter used an artificially generated voice to impersonate Secretary of State Marco Rubio in contacts with three foreign ministers and two U.S. politicians, according to a cable seen by Reuters on Tuesday.In mid-June, the person contacted the minis...Reuters
Tue, Jul 8
Germany Inc weighs joint push to boost investor confidence, sources say
BERLIN/FRANKFURT, July 8 (Reuters) - Some of Germany's biggest corporations are weighing a joint initiative to boost investor confidence in Europe's top economy, two people familiar with the matter said, adding this included investment commitments and a push to attract private capital.The in...Reuters
Tue, Jul 8
Moody's advises European insurers to maintain rate scrutiny as outlook stabilises
By Rebecca DelaneyJuly 8 - (The Insurer) - European insurers must continue to scrutinise rate adequacy throughout “mini cycles”, Moody’s has warned after recently revising its outlook to stable for the continent's P&C and life insurance sectors.Speaking at a media briefing on Tuesday, Helena...Reuters
Tue, Jul 8
Unity Bancorp Inc expected to post earnings of $1.18 a share - Earnings Preview
Unity Bancorp Inc UNTY.OQ UNTY.O is expected to show a rise in quarterly revenue when it reports results on July 10 (estimated) for the period ending June 30 2025The Clinton New Jersey-based company is expected to report a 18.6% increase in revenue to $30.299 million from $25.55 million a year ago...Reuters
Tue, Jul 8
Northern Technologies International Corp expected to post earnings of 4 cents a share - Earnings Preview
Northern Technologies International Corp NTIC.OQ NTIC.O is expected to show a rise in quarterly revenue when it reports results on July 10 for the period ending May 31 2025The Circle Pines Minnesota-based company is expected to report a 0.1% increase in revenue to $20.7 million from $20.69 million...Reuters
Tue, Jul 8
Byrna Technologies Inc expected to post earnings of 8 cents a share - Earnings Preview
Byrna Technologies Inc BYRN.OQ BYRN.O is expected to show a rise in quarterly revenue when it reports results on July 10 for the period ending May 31 2025The Andover Massachusetts-based company is expected to report a 38.9% increase in revenue to $28.163 million from $20.27 million a year ago, acc...Reuters
Tue, Jul 8
Martin Marietta taps insider as finance chief
July 8 (Reuters) - Building material supplier Martin Marietta MLM.N on Tuesday appointed insider Michael Petro as its chief financial officer, effective immediately.He replaces James Nickolas, who stepped down in April after nearly eight years with the company.Petro, who joined the company in 2015, ...Reuters
Tue, Jul 8
Morning News Call - Canada, July 8
To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-page ECONOMIC EVENTS1000 I...Reuters
Tue, Jul 8
Amwins SRU launches all-risk property solution
By Navneeta NandanJuly 8 - (The Insurer) - Amwins Special Risk Underwriters (SRU) has launched an all-risk habitational property program, the company said on Tuesday, backed by carriers with an A-minus or better rating. The property solution, called HabVantage, offers all-risk coverage including flo...Reuters
Tue, Jul 8
United Risk launches Applied Affinity in EU and UK markets
By Navneeta NandanJuly 8 - (The Insurer) - United Risk has expanded its warranty and affinity business into Europe and the UK with the launch of Applied Affinity Underwriters. The new platform will be based in Stockholm and will target consumer and SME markets in the region.Applied Affinity Underwri...Reuters
Tue, Jul 8
Solomon Partners launches professional services unit in NY
By Isla Binnie and Milana VinnNEW YORK, July 8 (Reuters) - Solomon Partners is launching a unit to advise professional services businesses and has hired a new partner to cover them, the boutique firm said on Tuesday, betting that increased interest from private equity investors will fuel mergers and...Reuters
Tue, Jul 8
RPT-BREAKINGVIEWS-Elon Musk turns Tesla’s political risk dial to 11
By Jonathan Guilford NEW YORK, July 7 (Reuters Breakingviews) - When something isn’t working, Elon Musk’s instinct is to push even harder. The Tesla TSLA.O boss has taken plenty of risks against lengthening odds over the years, from betting the electric carmaker on the “development hell” of buil...Reuters
Tue, Jul 8
