News
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Fitch: US commercial lines combined ratio to ‘deteriorate slightly’ in 2025
By Michael LoneyMay 28 - (The Insurer) - Underwriting performance in the overall U.S. commercial lines insurance market was essentially flat in 2024, with slight deterioration expected this year along with a slowing in premium growth, Fitch said.A new Fitch report said that the U.S. commercial insur...Reuters
Wed, May 28
White House to send Congress package of DOGE spending cuts
By Nandita Bose and Bo Erickson WASHINGTON, May 28 (Reuters) - U.S. President Trump's budget chief said on Wednesday that the White House intends to send Congress a package next week to formalize cuts made by billionaire Elon Musk's team targeting federal government spending. For months, ...Reuters
Wed, May 28
HIGHLIGHTS-Tennis-French Open Day Four
PARIS, May 28 (Reuters) - Highlights of the fourth day at the French Open on Wednesday (times GMT):2152 RUNE SURVIVES TIEBREAK SCARE TO ADVANCE Danish 10th seed Holger Rune won a tight second-set tiebreak on the way to beating American wildcard Emilio Nava 6-3 7-6(5) 6-3 and reaching the third ro...Reuters
Wed, May 28
Tort reform needed to bring commercial auto losses under control, says Arch’s Conkin
By Chris MunroMay 28 - (The Insurer) - Arch Insurance’s Jason Conkin has added his voice to the growing number of market commentators who believe that tort reform is needed so that the industry can get a handle on commercial auto losses.Commercial auto has long been a pain point for (re)insurers, wi...Reuters
Wed, May 28
Lavrov tells Rubio of preparations for new round of Russia-Ukraine talks, foreign ministry says
May 28 (Reuters) - Russian Foreign Minister Sergei Lavrov spoke to U.S. Secretary of State Marco Rubio on Wednesday about the preparation of "concrete proposals" for a new round of direct talks with Ukraine, the Russian foreign ministry said.A statement on the ministry's website said Lav...Reuters
Wed, May 28
Noah Holdings Reports Q1 Adjusted Earnings Per ADS Of $0.33
May 28 (Reuters) - Noah Holdings Ltd NOAH.N:NOAH HOLDINGS LTD - Q1 ADJUSTED EARNINGS PER ADS $0.33NOAH HOLDINGS Q1 REVENUE RMB 614.6 MILLIONNOAH HOLDINGS Q1 INCOME FROM OPERATIONS RMB 186 MILLIONNOAH HOLDINGS Q1 NET INCOME RMB 149 MILLIONReuters
Wed, May 28
NCAA defends player eligibility cap in US appeals court
By Mike Scarcella May 28 (Reuters) - The National Collegiate Athletic Association asked a U.S. appeals panel on Wednesday to strike down a court ruling that the organization warned could erode distinctions between student and professional athletes.Attorney Rakesh Kilaru, arguing for the NCAA, urg...Reuters
Wed, May 28
Tesla targets June 12 launch for robotaxi service in Austin, Bloomberg News reports
May 28 (Reuters) - Tesla TSLA.O is poised to begin its long-awaited robotaxi service in Austin on June 12, Bloomberg News reported on Wednesday, citing a person familiar with the matter.The date has been discussed internally and could still change, the report added.Tesla did not immediately respond ...Reuters
Wed, May 28
States sue over Trump cuts to research funding, STEM diversity efforts
By Daniel Wiessner May 28 (Reuters) - A group of U.S. states filed a lawsuit on Wednesday seeking to block the administration of President Donald Trump from making massive cuts to federal funding for scientific research and projects focused on increasing diversity in science, technology, engineer...Reuters
Wed, May 28
Trump bid to deport Columbia activist Khalil likely unconstitutional, judge says
NEW YORK, May 28 (Reuters) - A U.S. judge said on Wednesday that the Trump administration's bid to deport Columbia University student and pro-Palestinian activist Mahmoud Khalil is likely unconstitutional. U.S. District Judge Michael Farbiarz in Newark, New Jersey said he will issue a further or...Reuters
Wed, May 28
Bayer's Monsanto loses appeal of $611M Roundup verdict in Missouri
By Diana Novak Jones May 28 (Reuters) - A Missouri appellate court has upheld a $611 million verdict awarded to three people who sued Bayer alleging that its Roundup weedkiller caused their cancer, a ruling the company says it will further appeal.The decision from the Missouri Court of Appeals’ W...Reuters
Wed, May 28
Inside Debt - May 28
To access a PDF version of this newsletter, please click here You 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-page For an index of our newsletters click ...Reuters
Wed, May 28
Almadex Stakes Pegmatite Dyke Complex With Rare Earth Element Potential In New Mexico, Usa
May 28 (Reuters) - Almadex Minerals Ltd DEX.V:ALMADEX STAKES PEGMATITE DYKE COMPLEX WITH RARE EARTH ELEMENT POTENTIAL IN NEW MEXICO, USAALMADEX MINERALS LTD - SEEKS JOINT VENTURE PARTNER TO EXPLORE PETACA DISTRICTReuters
Wed, May 28
Fly-E Group Inc - And Ul Llc Enter Settlement Agreement - SEC Filing
May 28 (Reuters) - Fly-E Group Inc FLYE.O:FLY-E GROUP INC - AND UL LLC ENTER SETTLEMENT AGREEMENT - SEC FILINGFLY-E GROUP INC - FLY E-BIKE DEFENDANTS TO PAY UL $1 MILLION FOR SETTLEMENT- SEC FILINGSource text: [ID:n0001213900-25-048286]Reuters
Wed, May 28
Intellinetics Inc - Enters ATM Offering Agreement With Lucid Capital Markets - SEC Filing
May 28 (Reuters) - Intellinetics Inc INLX.A:INTELLINETICS INC - ENTERS ATM OFFERING AGREEMENT WITH LUCID CAPITAL MARKETS - SEC FILINGINTELLINETICS INC - TO OFFER COMMON STOCK UP TO $10 MILLION - SEC FILINGSource text: [ID:n0001641172-25-012697]Reuters
Wed, May 28
TAT Technologies Ltd Files For Offering Of 1.6 Million Ordinary Shares - SEC Filing
May 28 (Reuters) - TAT Technologies Ltd TATT.TA:TAT TECHNOLOGIES LTD FILES FOR OFFERING OF 1.6 MILLION ORDINARY SHARES - SEC FILINGTAT TECHNOLOGIES LTD FILES FOR OFFERING OF 2.5 MILLION ORDINARY SHARES BY SELLING SHAREHOLDERS - SEC FILINGSource text: [ID:n0001178913-25-001995]Reuters
Wed, May 28
CMS Demands Immediate Action From Hospitals Failing To Meet Quality And Financial Oversight Standards In Pediatric Gender Procedures
May 28 (Reuters) - CMS DEMANDS IMMEDIATE ACTION FROM HOSPITALS FAILING TO MEET QUALITY AND FINANCIAL OVERSIGHT STANDARDS IN PEDIATRIC GENDER PROCEDURESCMS: SENT A LETTER TO SELECT HOSPITALS PERFORMING PEDIATRIC SEX TRAIT MODIFICATION PROCEDURES OUTLINING URGENT CONCERNS - WEBSITEReuters
Wed, May 28
MercadoLibre's fintech unit to apply for banking license in Argentina
SAO PAULO, May 28 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Wednesday its fintech unit Mercado Pago will apply for a banking license in Argentina.In a statement, Mercado Pago said the move is aimed at expanding services, investment tools and credit lines, noting it was ...Reuters
Wed, May 28
US to ban foreign officials over 'flagrant censorship' on social media
Restrictions on visiting US an apparent escalation by WashingtonRubio says arrest warrants for social media posts 'unacceptable'EU officials defend content moderation as fighting hate speech, child pornBy Simon Lewis and Daphne Psaledakis WASHINGTON, May 28 (Reuters) - The U.S. wi...Reuters
Wed, May 28
