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California Bar leader to step down amid exam debacle
By Karen Sloan May 2 (Reuters) - The State Bar of California’s top administrator will step down in July amid the disastrous rollout of a new bar exam in February and the agency’s ongoing budget problems, the organization announced on Friday.Leah Wilson will not seek another term as the state bar’...Reuters
Fri, May 2
Other
Prince Harry 'devastated' after losing legal fight with UK government over police protection
Prince Harry lost automatic police protection in BritainCourt of Appeal says that decision was 'predictable'Harry 'devastated' by decision he says puts his life at riskBy Michael Holden and Sam Tobin LONDON, May 2 (Reuters) - Prince Harry on Friday said he was "devastated"...Reuters
Fri, May 2
Other
Motor racing-Piastri on top in Miami Grand Prix practice
MIAMI, May 2 (Reuters) - Formula One championship leader Oscar Piastri was fastest in sole practice for the Miami Grand Prix on Friday while McLaren teammate Lando Norris had to pit and jettison tools left in his car.The Australian, chasing a third win in a row on Sunday, lapped on the quickest sof...Reuters
Fri, May 2
Stocks
LIVE MARKETS-S&P 500 negative-to-positive outlook ratio so far in line with yr ago
Main US indexes all up >1%, Nasdaq leads with ~1.7% rallyAll S&P 500 sectors green; Comm Svcs out frontDollar, gold slip; crude off 1.7%; bitcoin up ~1%US 10-Year Treasury yield jumps to ~4.32%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can s...Reuters
Fri, May 2
Other
Chubb, Zurich and National Indemnity launch $100 million US excess casualty facility
By Isha MaratheMay 2 - (The Insurer) - Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility for the U.S. and will begin underwriting business immediately with coverage effective on July 1.The facility will offer up to $100 million in lead excess casualty ...Reuters
Fri, May 2
Commodities
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
By Scott DiSavino May 2 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future out...Reuters
Fri, May 2
Stocks
Why Shares of Motorola Solutions Sank Today
Shares of public safety technology provider Motorola Solutions (NYSE: MSI) were down 7% as of 12:45 p.m. ET on Friday.While Motorola grew revenue by 6% and earnings per share by 13% -- easily beating analysts' expectations -- management's soft guidance for the upcoming quarter spooked the market.Whe...The Motley Fool
Fri, May 2
Commodities
PRECIOUS-Gold heads for weekly loss amid easing trade tensions, strong jobs report
US non-farm payrolls increased by 177,000 jobs last month China evaluating US offer to negotiate tariffsGold down 2.6% so far this weekBy Anjana Anil and Sarah Qureshi May 2 (Reuters) - Gold edged lower on Friday and was headed for a second consecutive weekly loss as easing trade tensions between...Reuters
Fri, May 2
Commodities
Trump budget proposes slashes to renewable energy, farms, EPA
Trump proposes $15 billion cuts to renewable energy, carbon captureCancels $6 billion for EV chargersUnclear how Congress would make cuts to funds already in US law$4.5 billion in USDA cuts includes conservation programsPlan entirely cuts EPA program on environmental justice By Timothy Gardner, Vale...Reuters
Fri, May 2
Other
US designates powerful Haiti gang alliance as transnational terrorist group
US designates Haiti's Viv Ansanm, Gran Grif as terrorist groupsHaiti gangs are 'direct threat' to national security, Rubio saysConflict in Caribbean met with little international supportMeasure follows similar designations for Latin American cartelsBy Sarah Morland May 2 (Reuters) - T...Reuters
Fri, May 2
Other
Fly with a smile: Brazil airlines cheer Lady Gaga-driven demand
By Gabriel Araujo and Patricia Vilas Boas SAO PAULO, May 2 (Reuters) - Brazilian airlines are enjoying a boost as fans from all over the country fly to Rio de Janeiro ahead of a free Lady Gaga concert that is expected to draw more than 1 million fans to Copacabana Beach this weekend.The 39-year-o...Reuters
Fri, May 2
Stocks
Here's Why Wolfspeed Stock Is Soaring Today
Shares of industrial outfit Wolfspeed (NYSE: WOLF) are ending a raucous trading week as wildly as they started it, rallying again on Friday to overcome Tuesday's sizable pullback from the prior week's explosive gains. As of 12:56 p.m. ET, the stock is up 23%, in fact, or 35% above last Friday's clos...The Motley Fool
Fri, May 2
Other
US sends election observers to Romania for presidential election rerun
BUCHAREST, May 2 (Reuters) - The United States has sent a team of election observers to Romania ahead of a presidential election rerun, a senior U.S. official said on Friday, amid criticism in Washington of a decision to cancel the initial 2024 ballot.Romania, a NATO and EU member, has found itself ...Reuters
Fri, May 2
Economic Indicator
Monero and Zcash hold steady despite EU's plan to ban privacy tokens by 2027
Monero (XMR) and Zcash (ZEC) saw a 5% and 3% gain, respectively, on Friday despite the European Union (EU) indicating plans to ban privacy tokens in its new anti-money laundering regulations (AMLR), set to take effect by 2027.Fxstreet
Fri, May 2
Commodities
US Plains HRW Wheat-Basis bids flat in quiet trade
CHICAGO, May 2 (Reuters) - Spot hard red winter wheat basis bids were unchanged in the U.S. Plains on Friday as most buyers finished rolling their basis bids to the July contract KWN25, ahead of the May contract's expiration date, and trade remained quiet as farmers assessed weather conditions f...Reuters
Fri, May 2
Commodities
Chevron meets Wall Street profit estimates but cuts buybacks in Q2
Chevron maintains dividend and share buyback strategy despite lower crude pricesProduction flat year-over-year, impacted by asset salesChevron's Q1 oil and gas earnings drop from previous yearBy Sheila Dang HOUSTON, May 2 (Reuters) - Chevron CVX.N on Friday reported first-quarter earnings tha...Reuters
Fri, May 2
Other
Motor racing-McLaren give Norris the tools - and leave them in the car
MIAMI, May 2 (Reuters) - Formula One drivers are always asking teams to give them the tools for success but champions McLaren went a step too far when they left some in Lando Norris's car at the Miami Grand Prix on Friday."You've left so many tools in the cockpit. Everything is just fall...Reuters
Fri, May 2
Commodities
Argentina to bring in second LNG liquefaction vessel in 2028
BUENOS AIRES, May 2 (Reuters) - Argentina's Southern Energy floating liquefied natural gas project said on Friday it will charter a second liquefaction vessel with capacity of 3.5 million metric tons of liquefied natural gas per year from Golar LNG GLNG.O, to arrive in the country in 2028. Argen...Reuters
Fri, May 2
