News
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Putin-Trump talks in Alaska have ended, Kremlin says
MOSCOW, Aug 16 (Reuters) - The talks between Russian President Vladimir Putin and his U.S. counterpart Donald Trump in Alaska have ended, the Kremlin said. Trump and Putin's high-stakes summit over Moscow's war in Ukraine had stretched into its third hour on Friday, as the two world leaders ...Reuters
Fri, Aug 15
Soccer-Late Salah, Chiesa goals give Liverpool 4-2 win in thrilling opener
Champions give up two-goal lead but rally to winEkitike and Gakpo put Liverpool ahead at AnfieldSemenyo suffers racist abuse before scoring twiceEvening starts with emotional tributes for Jota By Lori EwingLIVERPOOL, England, Aug 15 (Reuters) - Liverpool talisman Mo Salah and substitute Federico Chi...Reuters
Fri, Aug 15
Fitch cuts Spirit Airlines' rating further into junk territory
Aug 15 (Reuters) - Fitch Ratings on Friday downgraded Spirit Airlines FLYY.A long-term credit rating to 'CCC-' from 'CCC+', citing a high likelihood of near-term default. "The downgrade reflects the heightened possibility that Spirit may be unable to avoid a default given it...Reuters
Fri, Aug 15
US Steel's deadly Clairton plant blast caused by gas valve failure
Aug 15 (Reuters) - United States Steel said on Friday a fatal blast that killed two and injured 10 others at its Clairton Coke Works plant near Pittsburgh happened when flushing a gas valve, ahead of scheduled maintenance."Pressure built inside the valve, leading to valve failure and coke oven g...Reuters
Fri, Aug 15
Novo Nordisk's Wegovy gets accelerated US FDA approval for liver disease MASH
Aug 15 (Reuters) - Novo Nordisk NOVOb.CO said on Friday the U.S. Food and Drug Administration had granted accelerated approval for its weight-loss drug Wegovy to treat a serious liver condition known as metabolic dysfunction-associated steatohepatitis.Reuters
Fri, Aug 15
Jared Kushner's firm buys 8% stake in UK lender OakNorth, source says
Aug 15 (Reuters) - A private equity firm founded by U.S. President Donald Trump's son-in-law Jared Kushner has signed a deal to buy an 8% stake in British lender OakNorth, a person familiar with the matter told Reuters on Friday.The firm, Affinity Partners, was founded by Kushner in 2021 and has...Reuters
Fri, Aug 15
OpenAI staffers to sell $6 billion in stock to SoftBank, other investors, Bloomberg News reports
Aug 15 (Reuters) - Present and former OpenAI employees are looking to sell nearly $6 billion worth of the ChatGPT maker's shares to an investor group comprising SoftBank Group 9984.T, among others, valuing it at $500 billion, Bloomberg News reported on Friday.Reuters
Fri, Aug 15
Meta's New AI Organization, Meta Superintelligence Labs, Is Expected To Be Divided Into Four Groups - The Information
Aug 15 (Reuters) - META’S NEW AI ORGANIZATION, META SUPERINTELLIGENCE LABS, IS EXPECTED TO BE DIVIDED INTO FOUR GROUPS - THE INFORMATIONSource text: https://tinyurl.com/erh573rsReuters
Fri, Aug 15
Las Vegas resorts defeat hotel rate price-fixing class action in US appeal
By Mike Scarcella Aug 15 (Reuters) - Wynn Resorts WYNN.O, Caesars and Treasure Island convinced a U.S. appeals court on Friday to turn back a consumer class action lawsuit accusing them of using shared computer software algorithms to illegally coordinate on Las Vegas hotel room prices. Affirm...Reuters
Fri, Aug 15
Exclusive: Hippo names Sebaski head of investor relations after stint leading IR at Ambac
By James ThalerAug 15 - (The Insurer) - Homeowners insurtech Hippo has hired Chuck Sebaski as its head of investor relations, effective 25 August, a company spokesperson has said, adding a seasoned capital markets voice as the company signals it is back on the offense following an improved second qu...Reuters
Fri, Aug 15
Inside Debt - August 15
To access a PDF version of this newsletter, please click hereYou 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-pageFor an index of our newsletters click on NEW...Reuters
Fri, Aug 15
Ellington Credit Co expected to post earnings of 23 cents a share - Earnings Preview
Ellington Credit Co EARN.N, EARN.K is expected to show a rise in quarterly revenue when it reports results on August 19 for the period ending June 30 2025The Old Greenwich Connecticut-based company is expected to report a 169.5% increase in revenue to $10.503 million from $3.9 million a year ago,...Reuters
Fri, Aug 15
ASP Isotopes Inc expected to post a loss of 10 cents a share - Earnings Preview
ASP Isotopes Inc ASPI.OQ ASPI.O is expected to show a rise in quarterly revenue when it reports results for the period ending September 30 2025The Washington Washington Dc-based company is expected to report a 636.0% increase in revenue to $8 million from $1.09 million a year ago, according to t...Reuters
Fri, Aug 15
EXPLAINER-Can Trump take control of Washington's police?
By Jan WolfeAug 15 (Reuters) - The District of Columbia's attorney general sued Donald Trump on Friday in a bid to impede his attempted takeover of Washington's police force, escalating a power struggle between the Republican U.S. president and the U.S. capital city's Democratic leadersh...Reuters
Fri, Aug 15
Insurance leaders see stabilization in public D&O rates after slump
By Keira WingateAug 15 - (The Insurer) - After years of softening rates, public D&O is showing signs of stabilization, according to a range of carriers during second-quarter earnings calls whose leaders described a market that may have found "some sense of the bottom" or a "potential...Reuters
Fri, Aug 15
Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling Liquidity
Aug 15 (Reuters) - Spirit Aviation Holdings Inc FLYY.A:FITCH: DOWNGRADE REFLECTS HEIGHTENED POSSIBILITY THAT SPIRIT MAY BE UNABLE TO AVOID DEFAULT GIVEN ONGOING OPERATING LOSSES & DECLINING LIQUIDITYFITCH: FAILURE TO RENEW CREDIT CARD PROCESSOR AGREEMENT OR UNFAVORABLE COLLATERAL REQUIREMENTS AR...Reuters
Fri, Aug 15
In split decision, court clears Trump to restart CFPB mass firings
Divided appeals judges say lower court improperly blocked Trump's mass firingsDecision stayed to allow workers, consumer groups to seek rehearingCourt's order could leave public unprotected from predatory financial cos, lawyers sayBy Douglas Gillison WASHINGTON, Aug 15 (Reuters) - A divid...Reuters
Fri, Aug 15
