News
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Commodities
EU wheat drifts as euro, war risks weigh
PARIS, June 5 (Reuters) - European wheat futures were little changed on Thursday, tracking hesitant trade in Chicago as the market weighed strength in the euro, escalation risks in the Russia-Ukraine war and broadly favourable Northern Hemisphere harvest prospects.September milling wheat BL2U5, the ...Reuters
Thu, Jun 5
Other
US Supreme Court backs Catholic group's bid for Wisconsin unemployment tax exemption
Lower court ruled against Catholic diocese organizationTrump administration backed Catholic group's appealJustice Sotomayor authors court's unanimous rulingBy John Kruzel WASHINGTON, June 5 (Reuters) - The U.S. Supreme Court on Thursday endorsed a bid by an arm of a Catholic diocese in Wi...Reuters
Thu, Jun 5
Other
Sean 'Diddy' Combs' lawyer accuses witness of lying about balcony attack
Combs' lawyer challenges witness's testimony on alleged balcony attackProsecutors allege Combs coerced Ventura into drug-fueled sexual actsCombs faces life in prison if convicted on all countsBy Luc Cohen NEW YORK, June 5 (Reuters) - A lawyer for Sean "Diddy" Combs accused a witne...Reuters
Thu, Jun 5
Economic Indicator
Fed's Kugler: Watching key employment sectors for effects of lower immigration
June 5 (Reuters) - Federal Reserve Governor Adriana Kugler on Thursday said she expects reductions in net immigration to the U.S. to make the job market tighter, and she said she will be watching several key employment sectors for evidence of that later this year.Kugler, in an event at the Economic ...Reuters
Thu, Jun 5
Stocks
Stablecoin firm Circle jumps in market debut
** Shares of stablecoin firm Circle CRCL.N open ~122.6% above their initial public offering price in company's market debut** Stock opened for trading at $69 per share, vs IPO price of $31** Circle, in a sign of strong investor demand, priced its upsized IPO above its targeted range of $27 to $2...Reuters
Thu, Jun 5
Other
Madison Square Garden, ex-Knicks star fight over lawyer fees
Stadium seeks walk-off win in lawsuit over Oakley ejectionDon Verrilli takes on DOJ in Google appeal Lawyers poised for fees in Google shareholder settlementBy David Thomas and Mike Scarcella June 5 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips o...Reuters
Thu, Jun 5
Forex
Australian Dollar climbs despite weak trade balance data, NFP in focus
The Australian Dollar (AUD) extends its rally against the US Dollar (USD) for a second day on Thursday, brushing aside weak domestic data as the Greenback loses ground following a string of disappointing US economic releases.
Fxstreet
Thu, Jun 5
Stocks
Why Ciena Stock Is Plummeting Today
Ciena (NYSE: CIEN) stock is sinking in Thursday's trading after the company published its latest quarterly results. The optical technologies and software specialist's share price is down 12.2% as of 12:15 p.m. ET.Before the market opened this morning, Ciena published results for the second quarter o...The Motley Fool
Thu, Jun 5
Other
Oshkosh Corporation Targets $18.00-$22.00 Adjusted EPS By 2028
June 5 (Reuters) - Oshkosh Corp OSK.N:OSHKOSH CORPORATION POISED FOR SOLID REVENUE GROWTH AND MARGIN EXPANSIONOSHKOSH CORP - TARGETS $13 BILLION-$14 BILLION REVENUE BY 2028OSHKOSH CORP - TARGETS $18.00-$22.00 ADJUSTED EPS BY 2028Reuters
Thu, Jun 5
Other
Tennis-Laser-focused Gauff ends Boisson's dream run to reach French Open final
By Julien PretotPARIS, June 5 (Reuters) - Coco Gauff ended local heroine Lois Boisson's dream run at the French Open with a ruthless 6-1 6-2 victory on Thursday to set up a final clash with top seed Aryna Sabalenka.Laser-focused, the world number two from the U.S. subdued the French wild card an...Reuters
Thu, Jun 5
Commodities
CORRECTED-CEO seeking to build Pennsylvania LNG terminal meets with White House
Penn America revives project with Trump's returnCEO had meeting at White House on TuesdayUphill battle, analysts say about project near PhiladelphiaBy Jarrett Renshaw, Timothy Gardner and Curtis WilliamsWASHINGTON, June 4 (Reuters) - The CEO of a company seeking to build a liquefied natural gas ...Reuters
Thu, Jun 5
Other
Treace Medical Concepts Files Patent Infringement Suit Against Zimmer Biomet
June 5 (Reuters) - Treace Medical Concepts Inc TMCI.O:TREACE FILES PATENT INFRINGEMENT SUIT AGAINST ZIMMER BIOMET TO PROTECT LAPIPLASTY® BUNION TECHNOLOGYTREACE MEDICAL CONCEPTS - LAWSUIT FILED IN U.S. DISTRICT COURT SEEKS INJUNCTIVE RELIEF AND DAMAGESReuters
Thu, Jun 5
Stocks
LIVE MARKETS-US company guidance on Q2 so far near what it was a yr ago
Main US indexes flat to slightly lowerConsumer discret. down most of S&P sectors; real estate up mostEuro STOXX 600 index up ~0.2%; ECB cuts 25 bpsDollar ~flat; gold, bitcoin down ~1.1%; crude gains US 10-Year Treasury yield rises to ~4.38%Welcome to the home for real-time coverage of markets br...Reuters
Thu, Jun 5
Cryptocurrencies
About 31% of Kenyan banks are open to start facilitating crypto deals
Nearly a third of Kenyan banks are set to start facilitating crypto deals. The interest was sparked by the government’s intentions to legalize and regulate crypto amidst increasing illicit activities. The report came out of a survey done by the Central Bank of Kenya (CBK). According to the survey, commercial and microfinance banks said that […]Cryptopolitan
Thu, Jun 5
Stocks
Why Shares of Nebius Group Are Soaring This Week
Since last Friday, shares of the artificial intelligence (AI) data center company Nebius Group (NASDAQ: NBIS) had soared roughly 29%, as of 11:57 a.m. ET Thursday. The company successfully raised capital this week and received more positive sentiment from Wall Street.Becoming a serious AI nameOn Mon...The Motley Fool
Thu, Jun 5
Cryptocurrencies
Trump ends his relationship with Elon Musk after Musk attacked his tax bill
Donald Trump said on Thursday that he’s done with Elon Musk. Speaking from the White House, the president said Elon had been attacking his tax bill out of personal frustration. Trump claimed the Tesla CEO was angry over the removal of electric vehicle tax credits and because his preferred NASA nominee, Jared Isaacman, got blocked […]Cryptopolitan
Thu, Jun 5
Other
Suzano's deal with Kimberly-Clark was on dependent on JV, says CEO
SAO PAULO, June 5 (Reuters) - Brazilian pulp maker Suzano SUZB3.SA preferred to pursue a joint venture model with Kimberly-Clark as it would enable a combination of complementary competencies, mitigate risks and have minimal impact on its leverage ratio, CEO Beto Abreu told Reuters on Thursday. Earl...Reuters
Thu, Jun 5
