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EXCLUSIVE-Chicago private equity firm has stake in Gaza aid company
McNally Capital confirms economic interest in Safe Reach SolutionsGaza Humanitarian Fondation aid distribution halted after deadly shootings near operationsU.N. and aid groups refuse to work with GHF, citing lack of neutralityBy Aram Roston WASHINGTON, June 5 (Reuters) - A Chicago-based private e...Reuters
Thu, Jun 5
Commodities
COLUMN-Bumper Brazilian corn crop could spoil US exporters’ fun: Braun
By Karen BraunNAPERVILLE, Illinois, June 5 (Reuters) - If anything can wreck the party for U.S. corn exporters, it’s Brazil.The U.S. Department of Agriculture has sky-high goals for U.S. corn exports in both the current and upcoming marketing years, but the overall potential may be confined by Brazi...Reuters
Thu, Jun 5
Cryptocurrencies
Arca goes nuclear, cuts business ties with Circle
Circle’s stellar NYSE debut Thursday quickly soured after longtime partner and crypto investment firm Arca publicly torched the stablecoin issuer over what it called a betrayal of crypto-native allies in favor of Wall Street. Shares of Circle (CRCL.N), the company behind the USDC stablecoin, opened at $69, more than doubling its IPO price of $31 […]Cryptopolitan
Thu, Jun 5
Cryptocurrencies
Bitcoin Hash Ribbons Flashes A Buy Signal – Long-Term Opportunity Brewing
Bitcoin is entering a pivotal week, consolidating below its all-time high of $112,000 while holding firm above the psychological $100,000 level. Despite increasing macroeconomic tensions—rising US Treasury yields, trade disputes between major economies, and growing geopolitical friction—Bitcoin has ...Bitcoinist
Thu, Jun 5
Cryptocurrencies
Bitcoin and Trump memecoin plunge further amid Trump online feuds
Bitcoin has crashed to $100,423 after falling 4% in the past day, while the TRUMP meme coin slid 12% to $9.67, according to CoinGecko. The drop hit during a brutal week for Donald Trump, who’s been fighting battles on multiple fronts—including a messy falling out with Elon Musk and a legal clash inside his own […]Cryptopolitan
Thu, Jun 5
Other
EXPLAINER-Does escalating spat with Trump pose regulatory threat for Musk businesses?
June 5 (Reuters) - The risk U.S. transportation, environmental, communications and other regulators will take aim at Elon Musk's many businesses became a real threat after the billionaire's deep political ties with President Donald Trump disintegrated on Thursday.Below is a list of U.S. regu...Reuters
Thu, Jun 5
Other
Air defence units repelling Russian drones in Kyiv, military authorities say
June 5 (Reuters) - Air defence units were in action repelling Russian drones, military authorities in Kyiv, the capital, said early on Friday, and Reuters witnesses reported a series of explosions."Enemy drones are approaching one after the other on approaches to the capital from different direc...Reuters
Thu, Jun 5
Commodities
Nippon Steel, US seek 8-day pause in litigation to resolve deal concerns
By Mike Scarcella and Alexandra AlperWASHINGTON, June 5 (Reuters) - Nippon Steel 5401.T and the Trump administration on Thursday asked a U.S. appeals court to extend a pause in their litigation for eight days, to give them more time to reach a deal allowing the Japanese firm to move forward with its...Reuters
Thu, Jun 5
Other
REFILE-EXCLUSIVE-Chicago private equity firm has stake in Gaza aid company
McNally Capital has economic interest in Safe Reach SolutionsGHF aid distribution halted after deadly shootings near operationsU.N. and aid groups refuse to work with GHF, citing lack of neutralityBy Aram Roston WASHINGTON, June 5 (Reuters) - A Chicago-based private equity firm - controlled by a ...Reuters
Thu, Jun 5
Other
Sean 'Diddy' Combs dismissed accuser's requests to stop seeing other men, jury hears
Ex-girlfriend says Combs threatened to stop paying her rent Judge threatens to kick Combs out of courtroomCombs faces sex trafficking trial, pleads not guilty to chargesBy Luc Cohen NEW YORK, June 5 (Reuters) - Sean "Diddy" Combs dismissed requests by one of his former girlfriends...Reuters
Thu, Jun 5
Other
REFILE-Sean 'Diddy' Combs tells courtroom artist he looks like a 'koala' in sketches
By Luc Cohen NEW YORK, June 5 (Reuters) - Before the jury in Sean "Diddy" Combs' sex trafficking trial returned from a lunch break on Thursday, the gray-bearded hip-hop mogul turned to face courtroom sketch artist Jane Rosenberg in the first row to make an unusual request. "Soften...Reuters
Thu, Jun 5
Other
Senate Republicans propose to eliminate fuel economy penalties
WASHINGTON, June 5 (Reuters) - Senate Republicans on Thursday proposed eliminating fines for automakers who fail to meet Corporate Average Fuel Economy rules as part of a wide-ranging tax bill, a boost to Detroit automakers selling gas-powered vehicles.Last year, Chrysler-parent Stellantis STLAM.MI ...Reuters
Thu, Jun 5
Stocks
Lululemon tumbles as slowing demand, tariff costs prompt annual profit cut
Shares drop 22% after downbeat Q2 forecast, annual profit target cutLululemon says economic uncertainty affects consumer spending, store trafficStrategic price increases planned to offset tariff impactBy Ananya Mariam Rajesh June 5 (Reuters) - Lululemon cut its profit forecast for the year, hurt ...Reuters
Thu, Jun 5
Commodities
Exclusive: Shepherd working on primary and excess energy program after Casella hire
By Chris MunroJune 5 - (The Insurer) - Shepherd is working on securing capacity to support a primary and excess program targeted at the energy industry after the MGU drafted in Alex Casella from Chubb to spearhead its entry into the vertical.Casella has joined Shepherd as energy practice lead.“With ...Reuters
Thu, Jun 5
Other
Markel agrees capacity deal with workers’ comp insurtech MGA Insurate
By Chris MunroJune 5 - (The Insurer) - Middle market workers’ compensation-focused MGA Insurate has inked a capacity deal with Markel, a partnership that supports the carrier’s bid to expand in the sector.Omaha, Nebraska-based Insurate was founded in 2019, and the company is led by founder and CEO J...Reuters
Thu, Jun 5
Forex
AUD/JPY Price Forecast: Rallies above 93.00 on risk appetite, as bullish engulfing pattern looms
The AUD/JPY prolonged its gains on Thursday and edged up over 0.76% amid a risk-on impulse sparked by news that the US and China might reach an agreement as President Trump spoke with China’s President Xi Jinping during the day. At the time of writing the cross-pair trades at 93.30.
Fxstreet
Thu, Jun 5
Other
Reko Undertook Strategic Restructuring To Align Cost Base With Current Conditions
June 5 (Reuters) - Reko International Group Inc REKO.V:REKO Q3 GROSS PROFIT CAD 1.3 MILLIONREKO Q3 EPS CAD -0.06REKO INTERNATIONAL GROUP : UNDERTOOK STRATEGIC RESTRUCTURING TO ALIGN COST BASE WITH CURRENT CONDITIONSReuters
Thu, Jun 5
