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Mexico's Pemex to save $184 million this year in reorganization
MEXICO CITY, June 4 (Reuters) - Mexican state energy company Pemex said on Wednesday that it plans to save 3.53 billion pesos ($183.89 million) this year and another 1.27 billion pesos next year as part of an institutional reorganization.In a regulatory filing, Pemex said layoffs would make up 1.4% ...Reuters
Wed, Jun 4
Other
CMS Energy announces cash tender offers for up to $125 million of outstanding debt securities issued by Consumers Energy
June 4 (Reuters) - CMS Energy Corp CMS.N:CMS ENERGY ANNOUNCES CASH TENDER OFFERS FOR UP TO $125 MILLION OF OUTSTANDING DEBT SECURITIES ISSUED BY CONSUMERS ENERGYReuters
Wed, Jun 4
Commodities
CBOT corn ends higher on bargain-buying, softer dollar
CHICAGO, June 4 (Reuters) - Chicago Board of Trade corn futures ended higher on Wednesday on bargain-buying a day after the most-active contract Cv1 hit a multi-month low and on spillover strength from wheat and soybeans, traders said. CBOT July corn CN25 settled up 1/4 cent at $4.38-3/4 per bushel....Reuters
Wed, Jun 4
Other
Congress budget office says Trump tax bill could add $2.4 trillion to US debt
CBO sees $2.4 trillion debt impact in House-passed billElon Musk criticizes bill, supports Republican deficit hawksSenate Republicans divided on House-passed billBy Richard Cowan WASHINGTON, June 4 (Reuters) - The nonpartisan Congressional Budget Office on Wednesday estimated that President Donal...Reuters
Wed, Jun 4
Cryptocurrencies
Trump said he spoke with Vladimir Putin for 75 minutes about Ukraine and Iran
Donald Trump said he held a 75-minute phone call with Vladimir Putin just days after tensions between both leaders spilled into the open. The call, which Trump shared publicly on X, took place while the war in Ukraine passed its third year, and as Washington’s support for Kyiv continues to split along political lines. According […]Cryptopolitan
Wed, Jun 4
Commodities
WRAPUP 13-Canada prepares reprisals over U.S. metals tariffs, EU reports progress in talks
USTR, EU trade negotiators report constructive talksCanada preparing possible reprisalsDoubled tariffs kick in on steel and aluminium imports Congressional Budget Office says tariffs will slow U.S. economic outputChina rare earths clampdown disrupts European automakersTrump says Xi 'extremely ha...Reuters
Wed, Jun 4
Other
Lawsuit seeks release of Colorado attack suspect's family, NYT reports
June 4 (Reuters) - Lawyers representing the wife and children of the Egyptian national charged with tossing gasoline bombs at a pro-Israeli rally in Colorado sued the U.S. government on Wednesday, seeking to release the family from custody and block their deportation, the New York Times reported, ci...Reuters
Wed, Jun 4
Other
Children's Place Inc expected to post a loss of 51 cents a share - Earnings Preview
Children's Place Inc PLCE.OQ PLCE.O is expected to show a fall in quarterly revenue when it reports results on June 6 for the period ending April 30 2025The Secaucus New Jersey-based company is expected to report a 2.7% decrease in revenue to $260.62 million from $267.88 million a year ago, ac...Reuters
Wed, Jun 4
Stocks
US STOCKS-S&P 500 ends with small gains; trade choppy on weak economic data
Services contracted in May for the first time in nearly a yearCrowdStrike falls on downbeat quarterly revenue forecastFed lifts asset cap on Wells Fargo, shares hit 3-month highGlobalFoundaries up on plans to increase investmentsBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, Jun...Reuters
Wed, Jun 4
Cryptocurrencies
Trump Crypto Venture Charges Into Digital Space With Wallet Launch Amid Uproar
US President Donald Trump’s circle moved closer to rolling out two big crypto products this week. One announcement sparked a public mix‐up over who’s doing what. The other took a formal step toward a Bitcoin exchange‐traded fund. Both moves show the family’s push for more crypto ties. Related Readin...NewsBTC
Wed, Jun 4
Cryptocurrencies
Russia’s War On Illegal Mining Heats Up With Bitcoin Raids
A former electric‐grid executive in Russia has lost roughly ₽7 million (about $88,570) in Bitcoin after law enforcement agents seized his stash. According to a press release from the Investigative Committee for the Amur Oblast, the man—once in charge of technological connection services at the Far E...Bitcoinist
Wed, Jun 4
Cryptocurrencies
Can Cardano (ADA) Overtake Solana (SOL) in 2025? New DeFi Token Threatens Both With 41x ROI Potential
The race between Cardano (ADA) and Solana (SOL) is intensifying in 2025, as both blockchains compete for dominance in the smart contract and DeFi space. Cardano remains one of the best cryptocurrencies to invest in, backed by steady development and a loyal community. Solana holds a strong lead thanks to lightning-fast transactions and an expanding […]Cryptopolitan
Wed, Jun 4
Cryptocurrencies
Frogs vs Spaceships: PEPETO or Solaxy as the Best Crypto to Buy for 100x
The summer crypto cycle is getting more interesting by the day, and two breakout projects, PEPETO and Solaxy, are competing to become the best crypto to buy in 2025. PEPETO is a meme-driven ecosystem built on real infrastructure, while Solaxy is a technically advanced Layer-2 scaling solution for Solana. Already garnering over $5.2 million raised […]Cryptopolitan
Wed, Jun 4
Other
US okays potential $325 million sale of sustainment support for Abrams tanks to Kuwait
June 4 (Reuters) - The U.S. State Department has approved the potential sale of equipment and services related to sustainment support for M1A2 Abrams main battle tank systems to Kuwait for an estimated $325 million, the Pentagon said on Wednesday.The principal contractor for the sales is General Dyn...Reuters
Wed, Jun 4
