News
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California Republicans file suit to block redistricting plan, New York Times reports
Aug 19 (Reuters) - Four California Republicans filed a lawsuit on Tuesday seeking to block Governor Gavin Newsom's redistricting plan, which would create five new Democratic U.S. congressional seats in his state, the New York Times reported. The Republicans argue in their emergency petition that...Reuters
Tue, Aug 19
Insurance IPOs pick up pace as markets rally, but returns lag
By Keira WingateAug 18 - (The Insurer) - A wave of insurance companies has tapped the public markets this year, with further IPOs expected, thanks to better equity conditions despite questions on how sustainable the momentum will be. Five insurance companies have gone public so far this year. The mo...Reuters
Tue, Aug 19
EXCLUSIVE-Nvidia working on new AI chip for China that outperforms the H20, sources say
Potential new chip based on latest Blackwell architecture, sources sayTrump has said he may allow Nvidia to sell more advanced chips in China But outlook for regulatory approval seen as highly uncertainNvidia hoping to deliver samples as early as next month, sources say By Liam Mo and Fanny Potkin ...Reuters
Tue, Aug 19
Trump administration to seek federal charges against people snared in DC crackdown, sources say
Federal prosecutors ordered to pursue aggressive charges in DC crackdownCriminal Division Chief Jonathan Hornok directs prosecutors to maximize federal charges in DCAttorney General Pam Bondi reports 465 arrests since Trump's police takeoverBy Sarah N. Lynch and Ned ParkerWASHINGTON, Aug 19 (Reu...Reuters
Tue, Aug 19
Israel weighs Hamas offer of 60-day Gaza truce and hostage release
Israel demands release of all 50 hostages for war to end, 20 of whom are alive, political source Hamas would exchange some hostages for Palestinian prisonersIsraeli commanders meet to plan capture of Gaza City while Netanyahu weighs offer, report saysBy Maayan Lubell and Nidal al-Mughrabi JERUSAL...Reuters
Tue, Aug 19
More Republican governors send National Guard to Washington, backing Trump
Republican governors deploy over 1,100 Guard troops to Washington, D.C.Trump's actions face legal challenges and opposition from local officialsWhite House says Guard troops protect federal property, not making arrestsBy Joseph Ax Aug 19 (Reuters) - Hundreds of additional National Guard troop...Reuters
Tue, Aug 19
Pivix confirms Gramm hire to lead new wholesale brokerage unit
By Chris MunroAug 19 - (The Insurer) - Pivix Specialty Insurance Services has confirmed the hire of Michael Gramm with the recruit tasked with building a business unit that underwrites brokered accounts.This publication revealed in May that Pivix, a recently launched and Ambac-backed MGU focused on ...Reuters
Tue, Aug 19
Commerce Department working on 10% Intel stake deal, White House says
WASHINGTON, Aug 19 (Reuters) - The Commerce Department is continuing to work on the prospect of the U.S. government taking a 10% stake in Intel INTC.O, the White House said on Tuesday, adding that U.S. Commerce Secretary Howard Lutnick is "ironing out the details.""The President wants to...Reuters
Tue, Aug 19
Israel weighs Hamas response to Gaza ceasefire proposal
Hamas agreed to proposal for 60-day truce, release of half the hostagesIsrael demands release of all 50 hostages for war to end, 20 of whom are alive, political source saysIsrael has threatened to launch new offensive in Gaza CityResidents report heavy tank fire overnightHamas posed no new demands, ...Reuters
Tue, Aug 19
U.S. RESEARCH ROUNDUP- Comstock Resources, Heico, Stanley Black & Decker
Aug 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Comstock Resources, Heico and Stanley Black & Decker, on Tuesday. HIGHLIGHTS* Comstock Resources Inc CRK.N: Gerdes Energy Research raises to buy from neutral* Cr...Reuters
Tue, Aug 19
BREAKINGVIEWS-A $6 bln broadcast tie-up adjusts the M&A picture
By Jonathan Guilford NEW YORK, Aug 19 (Reuters Breakingviews) - There is nothing wrong with your television set: pugilistic dealmakers now control the transmission. On Tuesday, TV broadcaster Nexstar Media NXST.O agreed to acquire rival Tegna TGNA.N for $6.2 billion. The companies boldly adverti...Reuters
Tue, Aug 19
US discussing latest Gaza ceasefire proposal, White House says
WASHINGTON, Aug 19 (Reuters) - The United States continues to discuss a ceasefire proposal for a 60-day truce in Gaza between Israel and Hamas that the Palestinian militant group has accepted, White House Press Secretary Karoline Leavitt said on Tuesday."I don't think it's a coincidence ...Reuters
Tue, Aug 19
White House eyes Budapest for Trump's possible trilateral meeting with Zelenskiy and Putin, Politico reports
WASHINGTON, Aug 19 (Reuters) - The White House is eyeing the Hungarian capital of Budapest as a venue for a possible trilateral meeting between U.S. President Donald Trump, Russia's Vladimir Putin and Ukraine's Volodymyr Zelenskiy, Politico reported on Tuesday, citing a Trump administration ...Reuters
Tue, Aug 19
White House says US to help coordinate security guarantees for Ukraine
WASHINGTON, Aug 19 (Reuters) - The White House said on Tuesday that the United States can assist in the coordination of security guarantees for Ukraine and that President Donald Trump has directed his national security team to work with Europe."The President has definitively stated US boots will...Reuters
Tue, Aug 19
Tennis-Doubles veterans trump singles stars in early mixed matches
By Amy Tennery NEW YORK, Aug 19 (Reuters) - Veteran doubles experience overcame singles stardom in the early action at the U.S. Open's reimagined mixed doubles competition on Tuesday, as the event kicked off with a new format and a crop of new ticketholders.Defending champions Andrea Vavassor...Reuters
Tue, Aug 19
Google tweaks Google Play conditions following EU pressure
PARIS, Aug 19 (Reuters) - Alphabet GOOGL.O unit Google said on Tuesday it will make it easier for app developers to steer customers to channels other than Google after the European Union competition watchdog charged it with breaching EU regulations. In March, Google was hit with two charges of breac...Reuters
Tue, Aug 19
Ancora pressures CSX to explore a deal, WSJ reports
Aug 19 (Reuters) - Activist investor Ancora Holdings has told Railroad operator CSX CSX.O to pursue a deal with a rival or replace its CEO, the Wall Street Journal reported on Tuesday, citing a letter.Ancora is prepared to launch a proxy fight for board seats later this year if CSX doesn't heed ...Reuters
Tue, Aug 19
Google tweaks Google Play conditions following EU pressure
PARIS, Aug 19 (Reuters) - Alphabet GOOGL.O unit Google said on Tuesday it will make it easier for app developers to steer customers to channels other than Google after the European Union competition watchdog charged it with breaching EU regulations. In March, Google was hit with two charges of breac...Reuters
Tue, Aug 19
