News
Important Only
Maravai LifeSciences Appoints Rajesh Asarpota As Chief Financial Officer
June 25 (Reuters) - Maravai LifeSciences Holdings Inc MRVI.O:MARAVAI LIFESCIENCES APPOINTS RAJESH ASARPOTA AS CHIEF FINANCIAL OFFICERMARAVAI LIFESCIENCES HOLDINGS INC - MARAIVI LIFESCIENCES APPOINTS RAJESH ASARPOTA AS EVP AND CFOReuters
Wed, Jun 25
Kratos Defense & Security Solutions Announces Proposed Public Offering Of Common Stock
June 25 (Reuters) - Kratos Defense and Security Solutions Inc KTOS.O:KRATOS DEFENSE & SECURITY SOLUTIONS, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCKKRATOS DEFENSE AND SECURITY SOLUTIONS INC - TO OFFER $500 MILLION IN COMMON STOCKKRATOS DEFENSE AND SECURITY SOLUTIONS INC - PROCEEDS T...Reuters
Wed, Jun 25
Jefferies posts profit plunge on weak equity underwriting; eyes rebound later in 2025
Equity underwriting revenue halvedPolicy uncertainty, geopolitics dampened activityBank hopeful of rebound in second-half June 25 (Reuters) - Jefferies' JEF.N profit fell nearly 40% in the second quarter as equity underwriting weakness offset gains from merger advisory fees, but the investmen...Reuters
Wed, Jun 25
Kalshi valued at $2 billion in latest funding round, CEO says
June 25 (Reuters) - Kalshi has raised $185 million in a funding round that values the prediction marketplace at $2 billion, its CEO Tarek Mansour said in a post on X on Wednesday.The round was led by crypto-focused investment firm Paradigm, Mansour said. Investment firms Sequoia, Multicoin, Neo and ...Reuters
Wed, Jun 25
Mexico says lacks evidence of wrongdoing by financial institutions targeted by U.S
MEXICO CITY, June 25 (Reuters) - Mexico's finance ministry said on Wednesday it had not received conclusive evidence to support action by the U.S. Treasury targeting three Mexican financial institutions accused of money laundering.Earlier on Wednesday, the U.S. Treasury prohibited certain transa...Reuters
Wed, Jun 25
Fed advances plan to ease bank leverage requirements
Fed unveils long-anticipated plan to overhaul bank leverage rulesProposal would tweak leverage capital formula, saving banks billionsFed's Powell supports plan, Governors Barr, Kugler to opposeBy Pete SchroederWASHINGTON, June 25 (Reuters) - The Federal Reserve unveiled a proposal on Wednesday t...Reuters
Wed, Jun 25
Micron forecasts quarterly revenue above estimates
June 25 (Reuters) - Micron Technology MU.O forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its memory chips used for artificial intelligence hardware in data centers.The memory chipmaker said it expects revenue of $10.7 billion, plus or minus $3...Reuters
Wed, Jun 25
urban-gro Inc expected to post a loss of 24 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on June 25 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 4.7% decrease in revenue to $17.945 million from $18.84 million a year ago, acc...Reuters
Wed, Jun 25
Pinstripes Holdings Inc expected to post a loss of 26 cents a share - Earnings Preview
Pinstripes Holdings Inc PNST.PK is expected to show a rise in quarterly revenue when it reports results on June 27 (estimated) for the period ending April 30 2025The Northbrook Illinois-based company is expected to report a 8.3% increase in revenue to $39.2 million from $36.2 million a year ago, ...Reuters
Wed, Jun 25
Cineverse Corp expected to post a loss of 7 cents a share - Earnings Preview
Cineverse Corp CNVS.OQ CNVS.O is expected to show a rise in quarterly revenue when it reports results on June 27 for the period ending March 31 2025The New York City-based company is expected to report a 44.9% increase in revenue to $14.289 million from $9.86 million a year ago, according to the m...Reuters
Wed, Jun 25
Trump says he is considering three or four candidates for next Fed chair
By Jeff Mason and Nandita Bose THE HAGUE, June 25 (Reuters) - President Donald Trump on Wednesday called Federal Reserve Chair Jerome Powell "terrible" in his latest attack on the central bank chief and said he has three or four people in mind as contenders for the top Fed job. "...Reuters
Wed, Jun 25
Tennis-Moutet hits six underarm serves in Mallorca win over Altmaier
June 25 (Reuters) - French trickster Corentin Moutet hit six underarm serves on his way to a second-round victory over Germany's Daniel Altmaier at the Mallorca Open grasscourt event on Wednesday.Moutet, who is not averse to trying his luck with the underarm serve, won three and lost three of th...Reuters
Wed, Jun 25
Trump cannot end union bargaining for federal workers, judge rules
By Daniel Wiessner and Nate Raymond June 24 (Reuters) - A federal judge on Tuesday blocked Republican President Donald Trump's administration from eliminating union bargaining for hundreds of thousands of federal workers at 21 agencies.U.S. District Judge James Donato in San Francisco agreed ...Reuters
Wed, Jun 25
OpenAI CEO Altman says he spoke with Microsoft CEO about future partnership, NYT reports
June 25 (Reuters) - OpenAI chief executive Sam Altman had a call with Microsoft MSFT.O CEO Satya Nadella on Monday and discussed their future working partnership, Altman said in a New York Times podcast on Tuesday.Earlier this month, the Wall Street Journal reported that Microsoft, the AI startup...Reuters
Wed, Jun 25
Global vaccine group Gavi secures $9 billion after funding summit
LONDON, June 25 (Reuters) - Global vaccine group Gavi has secured $9 billion for its work over the next five years helping to immunize the world's poorest children, its board chair, Jose Manuel Barroso, said on Wednesday. The group announced the total at the end of a fundraising summit in Bruss...Reuters
Wed, Jun 25
EU Commission to propose dedicated defence and space investment in new fund
BRUSSELS, June 25 (Reuters) - The European Commission will propose dedicating part of a new European Competitiveness Fund to resilience, defence and space, the EU executive's leadership said on Wednesday. The Commission is expected to put forward a plan for a competitiveness fund to invest in st...Reuters
Wed, Jun 25
Tennis-Teenager Andreeva ousts Tauson in three sets for Bad Homburg quarter-final spot
BAD HOMBURG, Germany, June 25 (Reuters) - Third seed Mirra Andreeva survived a first set slip-up to battle past Denmark's Clara Tauson 3-6 6-3 6-1 on Wednesday for a spot in the Bad Homburg Open quarter-finals.With Wimbledon starting on Monday, Russian teenager Andreeva got a 109-minute workout ...Reuters
Wed, Jun 25
Debate over future of US AI regulation hinges on broadband funding
Teamsters chief calls plan a 'giveaway to big tech companies'Commerce secretary backs ending 'chaos' of different state lawsMeasure is part of US budget package moving through SenateBy Jody Godoy and David Shepardson WASHINGTON, June 25 (Reuters) - The fight over a proposed 10-yea...Reuters
Wed, Jun 25
