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Third Point owns stake in U.S. Steel, sees opportunities in credit, letter says
Third Point optimistic a deal can be done between U.S. Steel and Nippon SteelUS residential mortgages could benefit from potential US rate cut Third Point completed purchase of credit manager Birch Grove in MarchBy Svea Herbst-Bayliss NEW YORK, May 1 (Reuters) - Hedge fund Third Point owns a "...Reuters
Thu, May 1
Jeffrey Epstein accuser Virginia Giuffre dies by suicide, her family says
By Brad Brooks and Samuel McKeith April 25 (Reuters) - Virginia Giuffre, one of the late sex offender Jeffrey Epstein's most prominent accusers, has died by suicide, her family said on Friday. Giuffre, 41, died on Friday in Western Australia, where she had been living for several years, the ...Reuters
Thu, May 1
Harley-Davidson warns of tariff hit, pulls 2025 outlook
Harley-Davidson suspends 2025 forecasts on tariff challengesFirst-quarter profit beat driven by cost-saving measures and touring model demandBy Nathan Gomes May 1 (Reuters) - Harley-Davidson HOG.N on Thursday warned of a hit to its full-year results from tariffs and suspended its 2025 forecasts a...Reuters
Thu, May 1
Rubio tells French counterpart words are not enough on Ukraine
WASHINGTON, May 1 (Reuters) - U.S. Secretary of State Marco Rubio on Thursday praised France for rallying European support for a Ukraine peace deal but said Europe must step up with real resources and political will to help bring the war to end, the State Department said."Secretary Rubio commend...Reuters
Thu, May 1
Carbon insurance startup Artio gains Lloyd's coverholder status
By Rebecca DelaneyMay 1 - (The Insurer) – Carbon insurance startup Artio has been granted Lloyd's coverholder status, with a licence to write coverage on behalf of the market, the company said on Thursday.Artio launched last month after participating in the 13th cohort of the Lloyd's Lab, wh...Reuters
Thu, May 1
Dominion beats quarterly estimates on Virginia, South Carolina power demand
By Pooja Menon May 1 (Reuters) - U.S. utility Dominion Energy D.N reported first-quarter revenue and profit above Wall Street expectations on Thursday, helped by lower interest costs and strong demand from Virginia and South Carolina.Power demand in the U.S. is expected to hit record highs in 20...Reuters
Thu, May 1
Interactive Brokers Group says april ending client margin loans at $58.2 billion
May 1 (Reuters) - Interactive Brokers Group Inc IBKR.O:INTERACTIVE BROKERS GROUP REPORTS BROKERAGE METRICS AND OTHER FINANCIAL INFORMATION FOR APRIL 2025, INCLUDES REG.-NMS EXECUTION STATISTICSINTERACTIVE BROKERS GROUP INC - APRIL DARTS AT 3.818 MILLION, UP 63% YOYINTERACTIVE BROKERS GROUP INC - APR...Reuters
Thu, May 1
Xbox joins PlayStation in hiking console prices amid U.S. tariff pressures
May 1 (Reuters) - Microsoft's MSFT.O Xbox is hiking the prices of its gaming consoles, controllers, first-party titles and other accessories, following similar moves by competitors due to U.S. tariffs impacting global supply chains. In a blog post on Thursday, Xbox said it will raise pric...Reuters
Thu, May 1
Automakers could still face $2,000 to $12,000 vehicle price impacts from tariffs
WASHINGTON, May 1 (Reuters) - A Michigan-based economic consulting group said Thursday that automakers will still face $2,000 to $12,000 price impacts despite softened auto parts tariffs imposed by the White House and retaliatory tariffs.Anderson Economic Group said U.S. assembled vehicles like Hond...Reuters
Thu, May 1
BREAKINGVIEWS-GM’s financial auguries echo beyond Wall Street
By Jonathan Guilford NEW YORK, May 1 (Reuters Breakingviews) - General Motors GM.N is taking its financial show on the road. The $44 billion automaker released updated estimates for full-year financial results on Thursday, after scrapping previous guesses undermined by President Donald Trump’s t...Reuters
Thu, May 1
BREAKINGVIEWS-FDIC’s living-will rewrite haunted by ghost of SVB
By Stephen GandelNEW YORK, May 1 (Reuters Breakingviews) - A top U.S. bank regulator wants to make it simpler for troubled lenders to give up the ghost. The Federal Deposit Insurance Corporation announced changes to living wills, documents maintained by roughly 50 of the largest banks spelling out h...Reuters
Thu, May 1
Cardinal Health expects double-digit growth in fiscal 2026 despite tariff hit
By Kamal Choudhury May 1 (Reuters) - Cardinal Health CAH.N forecast double-digit growth in earnings for the fiscal year 2026, despite a hit of $200 million to $300 million due to extreme tariff rates, the drug distributor said on Thursday. The company sources about 10% of its products...Reuters
Thu, May 1
American Rebel Holdings Aims To Expand Product Line Beyond Beverages
May 1 (Reuters) - American Rebel Holdings Inc AREB.O:AMERICAN REBEL HOLDINGS, INC. (NASDAQ: AREB) HIGHLIGHTS KEY STRATEGIC EXPANSION INITIATIVES FOLLOWING SUCCESSFUL BOARD MEETING AND INVESTOR ENGAGEMENT AT MAR-A-LAGOAMERICAN REBEL HOLDINGS INC - AIMS TO EXPAND PRODUCT LINE BEYOND BEVERAGESReuters
Thu, May 1
Zelenskiy says minerals deal is first result of Vatican meeting with Trump
May 1 (Reuters) - President Volodymyr Zelenskiy on Thursday hailed a minerals deal with the U.S. as a truly equal and fair agreement, and the first result of his Vatican meeting with U.S. President Donald Trump on the sidelines of the funeral of Pope Francis.Zelenskiy said the minerals deal opens th...Reuters
Thu, May 1
South Korea presidential race rocked by court ruling, resignations
Supreme court strikes blow against frontrunner Lee Jae-myungLee led opinion polls despite legal challengesActing president Han resigns ahead of expected presidential bidFinance minister resigns amid impeachment voteEducation minister takes over as new acting president South Korea holds presidential ...Reuters
Thu, May 1
