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Deals of the day-Mergers and acquisitions
June 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** U.S. regional bank Commerce Bancshares has agreed to acquire rival FineMark Holdings in an all-stock deal valued at $585 million, the companies said....Reuters
Mon, Jun 16
Other
US Supreme Court rejects bid to revive copyright suit over Ed Sheeran hit 'Thinking Out Loud'
Suit seeks monetary damages over alleged song copyingJury in 2023 ruled in favor of Sheeran in separate lawsuit By Blake Brittain WASHINGTON, June 16 (Reuters) - The U.S. Supreme Court turned away on Monday a bid to revive a copyright infringement lawsuit accusing pop star Ed Sheeran of unlawfull...Reuters
Mon, Jun 16
Commodities
BREAKINGVIEWS-Nippon Steel’s US win sets bad Japan M&A precedent
By Una GalaniHONG KONG, June 16 (Reuters Breakingviews) - Nippon Steel’s 5401.T $14.9 billion bid for United States Steel X.N might seem of remote concern for most bankers in Tokyo and New York. Launched in a U.S. election year and involving a strategically crucial industry, it tripped over red line...Reuters
Mon, Jun 16
Other
Zelenskiy plans to discuss weapons purchases with Trump on G7 sidelines
KYIV, June 16 (Reuters) - President Volodymyr Zelenskiy said on Monday he planned to discuss new weapons purchases for Ukraine with U.S. President Donald Trump.Zelenskiy, who is visiting Austria, would attend the Group of Seven summit in Canada on Tuesday, where he hopes to meet Trump on the sidelin...Reuters
Mon, Jun 16
Stocks
Paypal shares rise after Trump Mobile announces payment processing partnership
** Shares of payments firm PayPal rise 1% in early trading** Trump Mobile, Trump Organization's self-branded mobile service, chooses co as a payment processing partner** PYPL didn't immediately respond to a Reuters request seeking more details** PYPL shares are down 17% YTD, including sessio...Reuters
Mon, Jun 16
Stocks
My 5 Favorite Stocks to Buy Right Now
With the market no longer being whipsawed around from tariff news, now can be a good time to add some attractive long-term growth stocks. Let's look at five of my favorites.1. AmazonAn e-commerce and cloud computing leader, Amazon (NASDAQ: AMZN) has been incorporating artificial intelligence (AI) ac...The Motley Fool
Mon, Jun 16
Stocks
Roku jumps after advertising deal with Amazon
** Shares of streaming firm Roku ROKU.O jump 11.5% to $83, over three-mth high, early Mon after announcing exclusive partnership with Amazon.com AMZN.O** Both companies early Mon said new integration gives advertisers access to the largest authenticated connected TV footprint in the U.S.** Collabora...Reuters
Mon, Jun 16
Commodities
US Supreme Court to hear Chevron, Exxon appeal over Louisiana coastal damage
Federal court friendlier venue for companies in such casesAppeal involved suits by Plaquemines and Cameron parishes By Nate RaymondJune 16 (Reuters) - The U.S. Supreme Court agreed on Monday to hear a bid by Chevron CVX.N, Exxon Mobil XOM.N and other oil and gas companies to have lawsuits brought by...Reuters
Mon, Jun 16
Commodities
OPEC expects solid second-half of 2025 for world economy, trims 2026 supply
Demand growth forecasts left unchangedCuts 2026 non-OPEC+ supply growth forecast by 70,000 bpdExpects U.S. shale output to post no growth next yearSays Kazakhstan cut output in May, still above OPEC+ quotaMonthly report does not mention Israel-Iran conflictBy Alex Lawler LONDON, June 16 (Reuters)...Reuters
Mon, Jun 16
Other
US Supreme Court boosts Catholic challenge to NY abortion insurance coverage
NY mandates employer-sponsored insurance abortion coverageDiocese claims rule violates religious rights protectionsBy Daniel Wiessner June 16 (Reuters) - The U.S. Supreme Court gave a boost on Monday to a challenge by the Catholic Diocese of Albany to a 2017 New York state regulation that general...Reuters
Mon, Jun 16
Stocks
Social Security at Different Ages: Understanding Average Benefits
Most people understand that the size of their eventual Social Security payments will be closely linked to the amount of taxable income they earn while working -- the more money you make (up to a point), the more you pay in FICA taxes, and the more you get from the program each month when you retire....The Motley Fool
Mon, Jun 16
Other
Motor racing-Tough talks ahead but McLaren want drivers to race each other
By Alan Baldwin MONTREAL, June 16 (Reuters) - McLaren will continue to let Oscar Piastri and Lando Norris race freely for the Formula One title but there will be some tough talks back at the factory after Sunday's collision in Canada.Norris accepted the blame after hitting the rear of his ch...Reuters
Mon, Jun 16
Other
US Supreme Court to hear dispute involving anti-abortion crisis pregnancy center
By Brendan Pierson June 16 (Reuters) - The U.S. Supreme Court agreed on Monday to consider reviving a New Jersey crisis pregnancy center operator's bid to block the Democratic-led state's attorney general from investigating whether it deceived women into believing it offered abortions.The...Reuters
Mon, Jun 16
Stocks
TMC jumps on $85 mln investment from Korea Zinc
** Shares of deep-sea mining firm TMC the metals company TMC.O up almost 21% at $5.24** Says Korea Zinc will invest $85.2 million in the company, giving the South Korean refiner a 5% stake in TMC including warrants to buy more shares** Korea Zinc will buy 19.6 million shares at $4.34 each and receiv...Reuters
Mon, Jun 16
Other
Iranians flee capital for safety as Israeli airstrikes intensify
Thousands in exodus from Tehran as it comes under Israeli missile fire in escalating conflictIranians upset over lack of public bomb shelters; authorities advise using mosques, schoolsInternet access in Iran drops by 50%Security forces make arrests for alleged Israel contactsBy Parisa Hafezi DUBA...Reuters
Mon, Jun 16
Other
PRESS DIGEST-Canada - June 16
June 16 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada and Britain have agreed to resume stalled trade negotiations as both countries look to shore up their dom...Reuters
Mon, Jun 16
Other
Norwegian monarch visits polar Svalbard as interest in Arctic grows
Increased interest in Arctic from U.S., Russia, ChinaGoverned by treaty allowing settlement by signatory statesSvalbard is an important part of Norway, says kingVisit marks a century of Norwegian sovereignty over islandsBy Gwladys Fouche OSLO, June 16 (Reuters) - Norway's King Harald and Quee...Reuters
Mon, Jun 16
