News
Important Only
Trump’s "899 Revenge Tax" Backs Down – Australian Funds Reconsider Dollar Asset Strategies
TradingKey - Due to deteriorating U.S. fiscal prospects and the so-called Section 899 capital tax proposed under Trump’s tax bill, several major Australian fund managers had begun considering reducing their exposure to U.S. dollar assets. However, this sentiment started to shift within a week afterTradingKey
Fri, Jun 27
Hannover Re doubles commitment to Natural Disaster Fund
By Henry Gale, Rebecca DelaneyJune 27 - (The Insurer) - Hannover Re is set to double the capacity it provides to the Natural Disaster Fund (NDF), a government-backed parametric risk capacity pool, to $100 million.Henning Ludolphs, managing director for capital markets and retrocession, made the anno...Reuters
Fri, Jun 27
Seven & I Holdings' Non-Disclosure Agreement With Alimentation Couche-Tard For Acquisition Talks Lasts About One Year, Nikkei Reports
June 27 (Reuters) - Seven & i Holdings Co Ltd 3382.T:SEVEN & I HOLDINGS' NON-DISCLOSURE AGREEMENT WITH ALIMENTATION COUCHE-TARD FOR ACQUISITION TALKS LASTS ABOUT ONE YEAR, NIKKEI REPORTSSource text: [ID:]Reuters
Fri, Jun 27
Alaska Air Group says Impact On Financial Condition From Hawaiian Airlines Cyber Incident Undetermined
June 27 (Reuters) - Alaska Air Group Inc ALK.N:ALASKA AIR GROUP INC - IMPACT ON FINANCIAL CONDITION FROM HAWAIIAN AIRLINES CYBER INCIDENT UNDETERMINED - SEC FILINGSource text: [ID:n0000766421-25-000023]Reuters
Fri, Jun 27
Kraneshares Crypto Trust Files Registration Statement With SEC For Offering Of Shares Of Kraneshares Coinbase 50 Index ETF
June 27 (Reuters) - KRANESHARES CRYPTO TRUST FILES REGISTRATION STATEMENT WITH SEC FOR OFFERING OF SHARES OF KRANESHARES COINBASE 50 INDEX ETF - SEC FILINGSource text: [ID:n0001829126-25-004735]Further company coverage: [ ]Reuters
Fri, Jun 27
Chipotle Mexican Grill: Enters Into New $500 Million Revolving Credit Agreement
June 27 (Reuters) - Chipotle Mexican Grill Inc CMG.N:CHIPOTLE MEXICAN GRILL INC - ENTERS INTO NEW $500 MILLION REVOLVING CREDIT AGREEMENT - SEC FILINGCHIPOTLE MEXICAN GRILL INC - NEW CREDIT AGREEMENT INCLUDES $20 MILLION LETTER OF CREDIT SUB-FACILITY - SEC FILINGSource text: [ID:n0001058090-25-00004...Reuters
Fri, Jun 27
Kennedy Wilson’S Investment Management Platform Acquires 700 Units Across Two Western U.S. Multifamily Communities For $166 Mln
June 27 (Reuters) - Kennedy-Wilson Holdings Inc KW.N:KENNEDY WILSON’S INVESTMENT MANAGEMENT PLATFORM ACQUIRES 700 UNITS ACROSS TWO WESTERN U.S. MULTIFAMILY COMMUNITIES FOR $166 MILLIONKENNEDY-WILSON HOLDINGS INC - FUND INVESTED $61 MILLION OF EQUITY IN DEALSKENNEDY-WILSON HOLDINGS INC - WILSON HOLDS...Reuters
Fri, Jun 27
Sean 'Diddy' Combs' defense to make closing argument in sex trafficking trial
By Jack Queen and Luc Cohen June 27 (Reuters) - Sean “Diddy” Combs’ defense lawyers are set to ask jurors on Friday to clear the hip-hop mogul of sex trafficking and other criminal charges, as his closely watched trial in Manhattan comes to a close. Combs, a former billionaire known for elevating...Reuters
Fri, Jun 27
US Supreme Court poised to rule in challenge to Texas age-check for online porn
Porn industry said Texas law violates US ConstitutionPolicymakers concerned about effects of porn on minorsLower court allowed age-verification to take effectBy Andrew Chung WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court is expected to rule on Friday in a challenge on free speech grounds ...Reuters
Fri, Jun 27
US Supreme Court set to rule on FCC fund for phone, broadband access
Lower court found FCC's funding mechanism unlawfulCase involves non-delegation doctrine legal principleBy John Kruzel WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court is expected to rule on Friday on the legality of how the Federal Communications Commission funds a multi-billion dollar ...Reuters
Fri, Jun 27
US Supreme Court set to rule in dispute over LGBT storybooks in school classes
Parents seek opt-outs for classes with LGBT storybooksMaryland county school board refused to allow opt-outsCase pits religious rights against LGBT inclusionBy Andrew Chung WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court is expected to rule on Friday in a bid by Christian and Muslim parent...Reuters
Fri, Jun 27
US Supreme Court expected to rule on Obamacare preventive care task force
Case was latest Obamacare challenge to reach Supreme CourtUS Preventive Services Task Force appointments at issueBy John Kruzel WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court is expected to rule on Friday on the legality of a key element of the Obamacare law, formally called the Affordabl...Reuters
Fri, Jun 27
Louisiana electoral map case due for US Supreme Court decision
Case is latest US fight over racial issues in voting mapsMap upped the number of Black-majority House districtsBy John Kruzel WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court is due to rule on Friday in a bid by Louisiana officials and civil rights groups to preserve an electoral map that r...Reuters
Fri, Jun 27
US Supreme Court may rule on allowing enforcement of Trump birthright citizenship limits
Policy is part of Trump's hardline immigration stancePlaintiffs say order violates constitutional provisionOrder could affect 150,000 babies born annually in U.S. By Andrew Chung WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court may rule on Friday on Donald Trump's attempt to broadly...Reuters
Fri, Jun 27
