News
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REFILE-CAC’s Lynch and Rice: 'Everything on the table' when considering outside investment
By James ThalerMay 22 - (The Insurer) – CAC Group’s management has said that “everything is on the table” when it comes to exploring outside equity investment in the fast-growing intermediary, citing the success of a 100% employee-owned model and becoming cash flow positive shortly after launch.Newl...Reuters
Thu, May 22
Trump administration probes elite Virginia high school's admissions policies
By Nate Raymond May 22 (Reuters) - The Trump administration has launched civil rights investigations into whether an admissions policy aimed at diversifying an elite Virginia high school's student body is racially discriminatory.The U.S. Departments of Justice and Education opened the investi...Reuters
Thu, May 22
Doping-WADA condemns 'dangerous and irresponsible' Enhanced Games
NEW YORK, May 22 (Reuters) - The World Anti-Doping Agency condemned the Enhanced Games as "dangerous and irresponsible" on Thursday, a day after the competition that endorses the use of banned substances announced its inaugural 2026 event.The Enhanced Games operate under the principle that b...Reuters
Thu, May 22
UN food agency says 'a handful' of bakeries reopen in Gaza
GENEVA, May 22 (Reuters) - The U.N. food agency said on Thursday that a handful of bakeries it supports in south and central Gaza have resumed bread production after trucks were finally able to collect cargo from the Kerem Shalom crossing point."We are in a race against time to prevent widesprea...Reuters
Thu, May 22
JBS plan for US listing in doubt, early shareholder vote shows
Early count shows 52% of votes against dual listing planOutstanding votes will be decisive at Friday assembly US-Brazil listing plan has driven rally since mid-MarchBy Luciana Magalhaes and Ana Mano SAO PAULO, May 22 (Reuters) - An early count of JBS JBSS3.SA shareholder votes released on Thursda...Reuters
Thu, May 22
German finance minister optimistic that G7 can agree joint communique on Ukraine support
By Christian Kraemer and Maria Martinez BANFF, Alberta, May 22 (Reuters) - German Finance Minister Lars Klingbeil on Thursday said he was optimistic that the Group of Seven advanced economies could agree a joint communique showing support for Ukraine, amid a rift between the U.S. and the rest of ...Reuters
Thu, May 22
Cycling-Kooij outsprints Van Uden to win Giro stage 12, Del Toro retains pink jersey
May 22 (Reuters) - Dutchman Olav Kooij came out on top in a sprint finish to win stage 12 of the Giro d'Italia on Thursday, overtaking compatriot Casper van Uden before the line, with Mexico's Isaac del Toro keeping a firm grip on the overall lead.Kooij was led out by his Visma-Lease a Bike ...Reuters
Thu, May 22
Google faces DoJ probe over deal for AI tech, Bloomberg Law reports
May 22 (Reuters) - The U.S. Justice Department is probing whether Alphabet's GOOGL.O Google violated antitrust law in its agreement with AI startup Character.AI that allows the tech giant to use the chatbot maker's technology, Bloomberg Law reported on Thursday, citing people with knowledge ...Reuters
Thu, May 22
China's Xiaomi to start selling YU7 in July, a rival to Tesla's Model Y
Xiaomi's YU7 SUV to compete with Tesla's Model Y in ChinaYU7 features longer range than Tesla's Model YXiaomi faces challenges after SU7 crash, false advertising complaintsBy Qiaoyi Li, Che Pan and Brenda Goh BEIJING, May 22 (Reuters) - Xiaomi 1810.HK will start selling its YU7 elect...Reuters
Thu, May 22
Ball Corp Announces Departure of CFO Howard Yu
May 22 (Reuters) - Ball Corp BALL.N:BALL ANNOUNCES CFO DEPARTUREBALL CORP - CFO HOWARD YU TO STEP DOWN EFFECTIVE JUNE 30, 2025BALL CORP - DANIEL RABBITT APPOINTED INTERIM CFO OF BALL CORPBALL CORP - REAFFIRMS FULL-YEAR EPS GROWTH OUTLOOK OF 11-14%Reuters
Thu, May 22
German 30-year bond yields hit two-month high; investors fret over long-term US debt
By Linda Pasquini May 22 (Reuters) - German long-term bond yields hit a two-month high on Thursday as investors' concerns over a worsening fiscal outlook in the United States were reinforced by tepid demand for a U.S. Treasury auction a day earlier.Worries regarding the U.S. debt load, fanned...Reuters
Thu, May 22
UK signs Chagos deal with Mauritius to seal future of US-UK air base
High Court injunction had blocked deal at last minuteChagos islanders want better consultation on dealDeal is aimed at securing future of US-UK air baseMauritius welcomes the agreement, says it was a long time comingBy Muvija M and Michael Holden LONDON, May 22 (Reuters) - Britain signed a deal o...Reuters
Thu, May 22
FAA approves return to flight for SpaceX's Starship rocket
WASHINGTON, May 22 (Reuters) - The U.S. Federal Aviation Administration approved on Thursday SpaceX's Starship return to flight after the rocket's explosive testing mishap in March, allowing Elon Musk's space company to resume flight testing.Reuters
Thu, May 22
Gaza ambulance fleet down to a third, Palestinian Red Crescent says
GENEVA, May 22 (Reuters) - The head of the Palestinian Red Crescent said on Thursday its operations in Gaza may stop within days in the absence of fresh supplies and its ambulance fleet was running at only a third of capacity due to fuel shortages. Flour and other aid began reaching some of Gaza'...Reuters
Thu, May 22
Italy confident US-EU trade accord will echo the US-UK deal
ROME, May 22 (Reuters) - Italy is confident the United States will agree to a trade deal with the European Union similar to the one Washington has already struck with Britain, Economy Minister Giancarlo Giorgetti said on Thursday.The White House has imposed a 25% tariff on imports of steel, aluminiu...Reuters
Thu, May 22
