News
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Energy company claims use of private prosecutors in Illinois violates due process
By Diana Novak JonesMay 15 (Reuters) - A Texas energy company facing a consumer fraud lawsuit brought by Illinois Attorney General Kwame Raoul has filed its own lawsuit against Raoul, claiming his office’s use of outside counsel to pursue the fraud case is a violation of due process rights.In a laws...Reuters
Thu, May 15
US judge dismisses charges against migrants caught in military zone
By Andrew Hay May 15 (Reuters) - A U.S. judge in New Mexico on Thursday dismissed trespassing charges against dozens of migrants caught in a new military zone on the U.S.-Mexico border, marking a setback for Trump administration efforts to raise penalties for illegal crossings.Chief U.S. Magistra...Reuters
Thu, May 15
PG&E Corp Submitted 2027-2030 General Rate Case To California Regulators
May 15 (Reuters) - PG&E Corp PCG.N:PG&E CORP: SUBMITTED 2027-2030 GENERAL RATE CASE TO CALIFORNIA REGULATORSPG&E - IF CALIFORNIA PROPOSAL IS APPROVED IN FULL, EXPECTS FLAT RESIDENTIAL BILLS IN 2027 VERSUS 2025PG&E CORP - FORECASTS NO FURTHER ELECTRIC RATE INCREASES IN 2025PG&E CO...Reuters
Thu, May 15
SSC Security Services Q2 Adjusted Net Income CAD 400 Thousand
May 15 (Reuters) - SSC Security Services Corp SECU.V:SSC SECURITY SERVICES Q2 ADJUSTED NET INCOME CAD 400 THOUSANDSSC SECURITY SERVICES Q2 ADJUSTED EBITDA CAD 1 MILLIONSSC SECURITY SERVICES Q2 REVENUE CAD 27.7 MILLIONSSC SECURITY SERVICES Q2 GROSS MARGIN 16.1%SSC SECURITY SERVICES CORP - MOST OF OUR...Reuters
Thu, May 15
Evolv Technology Provides Business Update
May 15 (Reuters) - Evolv Technologies Holdings Inc EVLV.O:EVOLV TECHNOLOGY PROVIDES BUSINESS UPDATEEVOLV TECHNOLOGIES HOLDINGS INC - ESTIMATES 40%+ REVENUE GROWTH IN Q1'25EVOLV TECHNOLOGIES HOLDINGS INC - EXPECTS Q1 2025 REVENUE BETWEEN $31 MILLION AND $32 MILLIONReuters
Thu, May 15
Japan's TDK accelerates launch of next-generation battery
TOKYO, May 16 (Reuters) - Electronic components manufacturer TDK Corp 6762.T is accelerating the launch of its next-generation silicon anode batteries, with preparations running ahead of schedule and demand from smartphone makers. Apple-supplier AAPL.O TDK was due to start shipping the third generat...Reuters
Thu, May 15
Bayer US head says FDA chief reassured pharma executives of timely reviews
By Bhanvi Satija and Michael ErmanNEW YORK, May 15 (Reuters) - Bayer BAYGn.DE Pharmaceuticals' chief operating officer said the head of the top U.S. drug regulator recently reassured industry executives that the Food and Drug Administration would meet its targets for reviews despite recent job c...Reuters
Thu, May 15
Credicorp posts 17.6% increase in Q1 net profit
May 15 (Reuters) - Credicorp BAP.LM, one of Peru's largest financial holding companies, reported a first-quarter net profit of 1.78 billion Peruvian soles on Thursday, up 17.6% from the same period last year.Analysts polled by LSEG had on average predicted a net profit of 1.61 billion soles.Net ...Reuters
Thu, May 15
Banco do Brasil places some 2025 projections under review after profit miss
SAO PAULO, May 15 (Reuters) - Lender Banco do Brasil BBAS3.SA said on Thursday it has placed its 2025 projections for net interest income, cost of credit and adjusted net income under review, citing factors such as the worsening in the delinquency of its agribusiness credit book.The announcement cam...Reuters
Thu, May 15
US consumer watchdog revises fine for Wise
WASHINGTON, May 15 (Reuters) - The U.S. Consumer Financial Protection Bureau said on Thursday it was amending a previous consent order with Wise WISEa.L, an international remittance company.It said the order resolves claims it inaccurately advertised fees and failed to properly disclose exchange rat...Reuters
Thu, May 15
Grupo Argos posts Q1 net profit down 69%
BOGOTA, May 15 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 69% year-on-year drop in first-quarter net profit on Thursday, falling to 1.19 trillion pesos ($282.6 million).However, adjusted net profit, excluding non-recurring items, tripled to 113 billion pesos compared to the same period...Reuters
Thu, May 15
US FAA plans new round of talks with airlines to cut Newark flights
By David ShepardsonMay 15 (Reuters) - The Federal Aviation Administration plans a third day of talks on Friday with airlines to temporarily reduce flights at New Jersey's Newark Liberty International Airport after completing an intensive day of discussions seeking to reduce delays, officials sai...Reuters
Thu, May 15
EXPLAINER-Is Qatar's gift of a plane to President Trump allowed under US law?
By Mike Scarcella and Tom Hals May 15 (Reuters) - U.S. President Donald Trump's plan to accept a $400 million airplane from Qatar raises a raft of questions about the scope of laws that relate to gifts from foreign governments and are intended to thwart corruption and improper influence, lega...Reuters
Thu, May 15
Trump agenda hits speed bump in US Congress as hardliners revolt
House Budget Committee vote may be delayed due to opposition from hardlinersTrump's tax bill extends cuts from first term, costing $3.72 trillion over a decadeRepublicans need unity to pass bill amid Democratic opposition to social program cutsBy David Morgan WASHINGTON, May 15 (Reuters) - A ...Reuters
Thu, May 15
Google hits 150 million users for subscription service with help of AI
By Kenrick Cai SAN FRANCISCO, May 15 (Reuters) - Alphabet's GOOGL.O Google One subscription service, which charges consumers for cloud storage and artificial intelligence features, recently crossed 150 million subscribers, the company told Reuters.That represents a 50% increase since February...Reuters
Thu, May 15
Credicorp posts 17.6% increase in Q1 net profit
May 15 (Reuters) - Credicorp BAP.LM, one of Peru's largest financial holding companies, posted a first-quarter net profit of 1.78 billion soles on Thursday, up 17.6% from the same period last year.Analysts polled by LSEG had on average predicted a net profit of 1.61 billion soles.Reuters
Thu, May 15
WRAPUP 10-Peace breakthrough unlikely as Putin declines to meet Zelenskiy in Turkey
Russian delegation head says talks to start Friday morningPutin stays away; Zelenskiy says Russian lineup looks 'decorative'Ukrainian team to be headed by defence ministerTrump says nothing will happen until he and Putin meetSecretary of State Rubio says US has low expectations for talks in ...Reuters
Thu, May 15
CORRECTED-US rooftop solar companies say Republican House bill would be a major setback
Bill would scrap 30% tax credit for homeowners with solar panelsRooftop solar companies employ more than 100,000 workersMany top residential solar markets are in Republican statesBy Nichola GroomMay 15 (Reuters) - Companies that put solar panels on U.S. homes say a Republican budget bill advanced in...Reuters
Thu, May 15
