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S&P downgrades State Farm General’s FSR to A-plus
By Chris MunroMay 15 - (The Insurer) - S&P Global Ratings has cut State Farm General Insurance Co (SFGI)’s financial strength and issuer credit ratings to A-plus from AA because of “uncertainties related to capital support” from the California-focused carrier’s parent.Both the financial strength...
Reuters
Thu, May 15
Other
Thirty five people killed in intercommunal clash in Chad
May 15 (Reuters) - Thirty five people were killed and six wounded in an intercommunal clash in Chad's southwest province of Logone Occidental, a government spokesperson said on Thursday.Deadly conflicts are frequent in the Central African country, usually between herders and local farmers who ac...
Reuters
Thu, May 15
Stocks
Strathcona Resources rises on Montney asset sale for C$2.84 billion
** Shares of Canadian oil and gas producer Strathcona Resources SCR.TO rise 10.3% to C$29.92** Co on Wednesday said it had sold all its Montney assets for about C$2.84 billion and acquired Hardisty Rail Terminal as part of its "core area consolidation" strategy** Said it sold Kakwa asset to ...
Reuters
Thu, May 15
Forex
EUR/CHF price analysis: Cross maintains bearish tone near daily lows on Thursday
The EUR/CHF cross is trading around the 0.9400 zone on Thursday, maintaining a bearish tone as it approaches the lower end of its daily range. The cross remains under pressure as traders assess a mix of technical signals, suggesting further downside risk despite some short-term bullish momentum.
EUR/JPY
Fxstreet
Thu, May 15
Commodities
Mali hearing on whether to reopen Barrick's Loulo-Gounkoto mines under provisional administration postponed to May 22
BAMAKO, May 15 (Reuters) - A Malian court hearing scheduled for Thursday on whether to reopen Barrick Mining's ABX.TO Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the court said on Thursday.
Reuters
Thu, May 15
Other
EBRD greenlights new African members for investment
By Libby George LONDON, May 15 (Reuters) - The European Bank for Reconstruction and Development (EBRD) has cleared new member states Nigeria, Ivory Coast and Benin for investments following approval by the development finance institution's board, it said on Thursday. The move will give the co...
Reuters
Thu, May 15
Cryptocurrencies
Trump Memecoin Holders Shell Out $140 Million For Exclusive Dinner Access
In a notable display of interest in President Donald Trump’s exclusive dinner for TRUMP memecoin holders, investors reportedly spent over $140 million on the token to secure an invitation to the event at Trump’s National Golf Club. This phenomenon was highlighted by data analytics firm Inca Di...
Bitcoinist
Thu, May 15
Stocks
Deere beats second-quarter estimates on cost cuts, trims annual profit forecast
Company expects over $500 million in tariff costs in 2025 Plans $20 billion in US investments over next decadeBy Nathan Gomes May 15 (Reuters) - Deere & Co DE.N cut the lower end of its annual profit forecast on Thursday but beat Wall Street expectations for second-quarter results due to cost...
Reuters
Thu, May 15
Stocks
Why Walmart Is Down Today
Walmart (NYSE: WMT) beat estimates for the quarter, but the retail giant warned of price hikes on the horizon because of tariffs.Investors are heeding the caution, sending Walmart shares down 3% as of 10:30 a.m. ET.Where to invest $1,000 right now? Our analyst team just revealed what they believe ar...
The Motley Fool
Thu, May 15
Other
Vance to attend Pope Leo's inaugural Mass, his office says
Secretary of State Rubio to join delegation to RomeBefore he become pontiff, Leo criticized Trump administration in social media postsPrevost also spoke out against racism after George Floyd killingBy Doina Chiacu and Andrea Shalal WASHINGTON, May 15 (Reuters) - Vice President JD Vance will lead ...
Reuters
Thu, May 15
Other
FAA says it could ban Pentagon from routine VIP transport after DC crash
By David Shepardson WASHINGTON, May 15 (Reuters) - The Federal Aviation Administration said on Thursday it may ban the Pentagon from transporting government officials on routine missions around Reagan Washington National Airport, after a series of incidents involving passenger jets."Everythin...
Reuters
Thu, May 15
Stocks
CANADA STOCKS-TSX on track for eighth day of gains on trade optimism
By Sanchayaita Roy May 15 (Reuters) - Canada's main stock index edged higher on Thursday, although the gains were capped by a dip in energy stocks, while investors remained optimistic on more potential trade deals around the world with the U.S.The Toronto Stock Exchange's S&P/TSX com...
Reuters
Thu, May 15
Stocks
Dick's Sporting to buy Foot Locker for $2.4 billion to fight soft demand
Dick's offers $24 per share of Foot Locker, 86% premium to last closeDeal broadens Dick's foothold in international marketsFoot Locker's shares surge 85%, Dick's stock down 14% By Savyata Mishra May 15 (Reuters) - Dick's Sporting Goods DKS.N has agreed to acquire smaller riva...
Reuters
Thu, May 15
Cryptocurrencies
Robinhood users trade and mine with one click, earning $37,000 a day through PaladinMining.
As Robinhood, the world’s leading commission-free trading platform, continues to expand its cryptocurrency services, millions of users are trading Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) in an unprecedented and convenient way. As an active responder to this trend, PaladinMining, a w...
Bitcoinist
Thu, May 15
Other
US would make Gaza a 'freedom zone', Trump says in Qatar
By Gram Slattery DOHA, May 15 (Reuters) - President Donald Trump on Thursday reiterated his desire to take over the Gaza Strip, telling a business roundtable in Qatar that the U.S. would "make it a freedom zone" and arguing there was nothing left to save in the Palestinian territory. Trum...
Reuters
Thu, May 15
Other
Putin's negotiator at Istanbul talks says Moscow's aim is to secure a long-lasting peace with Ukraine
By Vladimir Soldatkin ISTANBUL, May 15 (Reuters) - Vladimir Medinsky, the head of Russia's delegation at peace talks on Ukraine in Turkey, said on Thursday that Moscow's aim was to secure a long-lasting peace with Kyiv by looking for common ground and removing the reasons for the conflict...
Reuters
Thu, May 15
Stocks
Why New Fortress Energy Stock Crashed After Earnings
Liquefied natural gas (LNG) stock New Fortress Energy (NASDAQ: NFE) imploded in morning trading Thursday after reporting staggering losses and a big asset sale.Expected to lose $0.05 per share, New Fortress instead reported last night that it lost $0.73 per share in Q1 2025. Shares plunged 62.6% thr...
The Motley Fool
Thu, May 15
Stocks
Rubrik rating cut: Mizuho says stock is now fairly valued
Investing.com -- Mizuho downgraded shares of Rubrik to Neutral from Outperform in a note to clients on Thursday. The firm pointed to valuation concerns after a strong rally that has pushed the stock t
Investing.com
Thu, May 15
Other
Mexican president says probe underway to find motive, killers who shot dead influencer
MEXICO CITY, May 15 (Reuters) - An investigation is underway to find the motive and those responsible for the killing of a Mexican influencer during a live stream, President Claudia Sheinbaum said on Thursday.Authorities say the death of Valeria Marquez, 23, is being investigated under Mexican proto...
Reuters
Thu, May 15
Other
Fidelis says adverse judgment in English lessor litigation trial would lead to $150 million charge
By David BullMay 15 - (The Insurer) - Fidelis Insurance Group has settled or is in various stages of settlement discussions for around 80% of its total Russia-Ukraine aviation and aerospace claims exposure, with the carrier’s CEO adding that an adverse judgment in the English trial related to the re...
Reuters
Thu, May 15
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