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Energy company claims use of private prosecutors in Illinois violates due process
By Diana Novak JonesMay 15 (Reuters) - A Texas energy company facing a consumer fraud lawsuit brought by Illinois Attorney General Kwame Raoul has filed its own lawsuit against Raoul, claiming his office’s use of outside counsel to pursue the fraud case is a violation of due process rights.In a laws...Reuters
Thu, May 15
Other
PSE&G Amends Filing With New Jersey Board Of Public Utilities
May 15 (Reuters) - PSE&G: AMENDING FILING WITH NEW JERSEY BOARD OF PUBLIC UTILITIESAMENDED FILING TO PROVIDE ADDITIONAL SHORT-TERM RELIEF FOR MITIGATING IMPACT OF RECENT SIGNIFICANT INCREASES IN ELECTRIC SUPPLY COSTSReuters
Thu, May 15
Other
US judge dismisses charges against migrants caught in military zone
By Andrew Hay May 15 (Reuters) - A U.S. judge in New Mexico on Thursday dismissed trespassing charges against dozens of migrants caught in a new military zone on the U.S.-Mexico border, marking a setback for Trump administration efforts to raise penalties for illegal crossings.Chief U.S. Magistra...Reuters
Thu, May 15
Other
PG&E Corp Submitted 2027-2030 General Rate Case To California Regulators
May 15 (Reuters) - PG&E Corp PCG.N:PG&E CORP: SUBMITTED 2027-2030 GENERAL RATE CASE TO CALIFORNIA REGULATORSPG&E - IF CALIFORNIA PROPOSAL IS APPROVED IN FULL, EXPECTS FLAT RESIDENTIAL BILLS IN 2027 VERSUS 2025PG&E CORP - FORECASTS NO FURTHER ELECTRIC RATE INCREASES IN 2025PG&E CO...Reuters
Thu, May 15
Other
SSC Security Services Q2 Adjusted Net Income CAD 400 Thousand
May 15 (Reuters) - SSC Security Services Corp SECU.V:SSC SECURITY SERVICES Q2 ADJUSTED NET INCOME CAD 400 THOUSANDSSC SECURITY SERVICES Q2 ADJUSTED EBITDA CAD 1 MILLIONSSC SECURITY SERVICES Q2 REVENUE CAD 27.7 MILLIONSSC SECURITY SERVICES Q2 GROSS MARGIN 16.1%SSC SECURITY SERVICES CORP - MOST OF OUR...Reuters
Thu, May 15
Other
Evolv Technology Provides Business Update
May 15 (Reuters) - Evolv Technologies Holdings Inc EVLV.O:EVOLV TECHNOLOGY PROVIDES BUSINESS UPDATEEVOLV TECHNOLOGIES HOLDINGS INC - ESTIMATES 40%+ REVENUE GROWTH IN Q1'25EVOLV TECHNOLOGIES HOLDINGS INC - EXPECTS Q1 2025 REVENUE BETWEEN $31 MILLION AND $32 MILLIONReuters
Thu, May 15
Commodities
Utility Vistra to buy natural gas assets for $1.9 billion to meet power demand
May 15 (Reuters) - Utility Vistra VST.N said on Thursday it would acquire seven natural gas generation facilities, with a combined capacity of nearly 2,600 megawatt, from Lotus Infrastructure Partners for $1.9 billion, as it looks to meet growing power demand. The U.S. Energy Information Administr...Reuters
Thu, May 15
Other
Japan's TDK accelerates launch of next-generation battery
TOKYO, May 16 (Reuters) - Electronic components manufacturer TDK Corp 6762.T is accelerating the launch of its next-generation silicon anode batteries, with preparations running ahead of schedule and demand from smartphone makers. Apple-supplier AAPL.O TDK was due to start shipping the third generat...Reuters
Thu, May 15
Stocks
'Big Short' investor Burry turns bearish on China in Q1
By Carolina Mandl NEW YORK, May 15 (Reuters) - Michael Burry's Scion Asset Management ended the first quarter more bearish on Chinese companies as the Trump administration discussed new trade policies, a regulatory filing showed. Burry, known for his prescient calls ahead of the 2008 U.S....Reuters
Thu, May 15
Other
Bayer US head says FDA chief reassured pharma executives of timely reviews
By Bhanvi Satija and Michael ErmanNEW YORK, May 15 (Reuters) - Bayer BAYGn.DE Pharmaceuticals' chief operating officer said the head of the top U.S. drug regulator recently reassured industry executives that the Food and Drug Administration would meet its targets for reviews despite recent job c...Reuters
Thu, May 15
Other
Credicorp posts 17.6% increase in Q1 net profit
May 15 (Reuters) - Credicorp BAP.LM, one of Peru's largest financial holding companies, reported a first-quarter net profit of 1.78 billion Peruvian soles on Thursday, up 17.6% from the same period last year.Analysts polled by LSEG had on average predicted a net profit of 1.61 billion soles.Net ...Reuters
Thu, May 15
Other
Banco do Brasil places some 2025 projections under review after profit miss
SAO PAULO, May 15 (Reuters) - Lender Banco do Brasil BBAS3.SA said on Thursday it has placed its 2025 projections for net interest income, cost of credit and adjusted net income under review, citing factors such as the worsening in the delinquency of its agribusiness credit book.The announcement cam...Reuters
Thu, May 15
Other
US consumer watchdog revises fine for Wise
WASHINGTON, May 15 (Reuters) - The U.S. Consumer Financial Protection Bureau said on Thursday it was amending a previous consent order with Wise WISEa.L, an international remittance company.It said the order resolves claims it inaccurately advertised fees and failed to properly disclose exchange rat...Reuters
Thu, May 15
Forex
Mexican Peso falls as Banxico cuts rates, USD/MXN rises
The Mexican Peso (MXN) depreciated against the US Dollar (USD) on Thursday after the Banco de Mexico (Banxico) reduced rates as expected, amid weaker-than-expected economic data from the United States (US). At the time of writing, the USD/MXN trades at 19.49, up 0.61%.
Fxstreet
Thu, May 15
Stocks
Why Biohaven Stock Dove by Nearly 20% on Thursday
Volatile biotech stock Biohaven (NYSE: BHVN) is prone to sharp movements both up and down. On Thursday, it had one of its down days, with its share price eroding by almost 20% on a development with a top regulator. That was on a day when stocks generally did well, as indicated by the S&P 500 (SNPIND...The Motley Fool
Thu, May 15
Other
Grupo Argos posts Q1 net profit down 69%
BOGOTA, May 15 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 69% year-on-year drop in first-quarter net profit on Thursday, falling to 1.19 trillion pesos ($282.6 million).However, adjusted net profit, excluding non-recurring items, tripled to 113 billion pesos compared to the same period...Reuters
Thu, May 15
Commodities
Brazil food companies Marfrig and BRF to merge, says source
SAO PAULO, May 15 (Reuters) - Brazilian food companies Marfrig MRFG3.SA and BRF BRFS3.SA are expected to announce a merger involving a share swap this evening, a source briefed on the matter told Reuters on condition of anonymity because the deal has not been made public yet.The companies are eyeing...Reuters
Thu, May 15
