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Commodities
France's CMA CGM to redeploy fleet to avoid U.S. port fees on Chinese vessels
By Gus Trompiz PARIS, May 16 (Reuters) - French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping...Reuters
Fri, May 16
Stocks
Allstate suffers $594 million pre-tax cat hit in April
By Chris MunroMay 16 - (The Insurer) - Allstate recorded $594 million of pre-tax catastrophe losses in April with the personal lines-focused carrier affected by 11 events during the month.Two geographically widespread wind and hail events accounted for around 60% of the catastrophe losses, which on ...Reuters
Fri, May 16
Commodities
Israel attacks Yemeni ports, Houth-run television says
ADEN, May 16 (Reuters) - Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details, but two...Reuters
Fri, May 16
Stocks
Why Novo Nordisk Stock Just Slipped
Novo Nordisk (NYSE: NVO) stock tumbled 3.9% through 10:45 a.m. ET this morning after the manufacturer of GLP-1 weight loss drugs announced its CEO, Lars Fruergaard Jørgensen, will step down from his role as CEO in "mutual agreement" with the company's board.Jørgensen will be allowed to "continue as ...The Motley Fool
Fri, May 16
Other
Hub acquires Oklahoma-based med mal agency Fifth Avenue
By Mia MacGregorMay 16 - (The Insurer) - Hub International Limited has acquired the assets of Fifth Avenue Insurance Agency, an Oklahoma City-based company specializing in medical malpractice insurance. The terms of the transaction were not disclosed.Founded in 1993, Fifth Avenue focuses on medical ...Reuters
Fri, May 16
Stocks
Forbes Recognizes DXC's Consulting Excellence in 2025 World's Best Management Consulting Firms Ranking
ASHBURN, Va., May 16, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named to the prestigious Forbes World's Best Management Consulting Firms 2025 list for the third year in a row. Out of 955,000 consulting firms in the U.S., fewer than 0...PR Newswire
Fri, May 16
Stocks
Why Archer Aviation Stock Just Popped
Shares of electric vertical takeoff and landing aircraft manufacturer and air taxi start-up Archer Aviation (NYSE: ACHR) soared higher in Friday morning trading, and were up by 10.4% as of 10:55 a.m. ET.Shareholders can thank the friendly analysts at Cantor Fitzgerald for the lift.Where to invest $1...The Motley Fool
Fri, May 16
Other
Court hears new arguments over Trump's efforts to return wrongly deported man
By Blake Brittain May 16 (Reuters) - A U.S. judge on Friday will weigh claims that President Donald Trump's administration is improperly failing to provide details about its efforts to return a man to Maryland after he was wrongfully deported to a prison in El Salvador.The hearing in Greenbel...Reuters
Fri, May 16
Commodities
Euronext wheat rebound stalls as export worries linger
PARIS, May 16 (Reuters) - Euronext wheat edged down on Friday as a rebound from contract lows stalled with pressure from a fall in Chicago and lingering concerns about lagging export demand.September milling wheat BL2U5 was down 0.7% at 204.50 euros a metric ton by 1455 GMT. It earlier rose to a one...Reuters
Fri, May 16
Other
The Hanover adds Donnell to board of directors
By Mia MacGregorMay 16 - (The Insurer) - The Hanover Insurance Group has elected William Donnell, former president and CEO of the National Council on Compensation Insurance, to its board of directors. Donnell, who retired in February, brings more than two decades of industry experience to The Hanove...Reuters
Fri, May 16
Stocks
Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term
The median household income in the U.S. was just over $80,000 in 2023, according to the Census Bureau. It's probably still right around that level in 2025. Therefore, investing $5,000 is no small feat for many individuals, because it represents about 6% of a typical household's annual income. Since ...The Motley Fool
Fri, May 16
Cryptocurrencies
‘What If XRP Is The Next Bitcoin?’ Says Dave Portnoy
Dave Portnoy, the outspoken founder of Barstool Sports, used his debut appearance at CoinDesk’s Consensus 2025 to train the conference spotlight XRP. Speaking on the Metro Toronto Convention Centre mainstage, Portnoy acknowledged that he bought the token for one reason only: fear of missing out. Joi...NewsBTC
Fri, May 16
Stocks
Great News for Nvidia Stock Investors
Nvidia (NASDAQ: NVDA) secured large sales of its latest technology.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of May 12, 2025. The video was published on May 14, 20...The Motley Fool
Fri, May 16
Other
REFILE-EXCLUSIVE-Boeing near deal to avoid guilty plea, prosecution in fatal crashes case, sources say
By Mike Spector, David Shepardson, Allison LampertNEW YORK/WASHINGTON, May 16 (Reuters) - Boeing has reached a tentative nonprosecution agreement with U.S. prosecutors in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people, people familiar with the matter said.The agree...Reuters
Fri, May 16
Stocks
LIVE MARKETS-Overcast with chance of rain: UMich, housing starts/permits, import prices
Main US indexes mixed, all around ~flatHealthcare leads S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.2%Dollar rallies; crude, bitcoin gain; gold down ~2%US 10-Year Treasury yield edges down to ~4.44%Welcome to the home for real-time coverage of markets brought to you by...Reuters
Fri, May 16
Commodities
Gold players keep faith despite trade truce-induced correction
Spot gold heads for worst week since NovemberGold likely to rise than to fall from here - analystGold hit all-time high of $3,500.05/oz last monthBy Brijesh Patel May 16 (Reuters) - Gold prices have fallen almost 10% from a record high just above $3,500 per ounce in April as a de-escalation in U....Reuters
Fri, May 16
Stocks
Billionaire Investors Warren Buffett, Bill Ackman and Others Have Been Buying These Stocks
In this video, I will go over the third-quarter activities of 12 super investors -- which stocks they bought and which they sold. I'll be talking about Warren Buffett, Bill Ackman, Chuck Akre, Howard Marks, Terry Smith, Pat Dorsey, and more. Watch the short video to learn more, consider subscribing,...The Motley Fool
Fri, May 16
