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Trump administration gets sued by Harvard for freezing federal funds
On Monday, Harvard University sued the Trump administration to halt what it calls an “unlawful” plan to pause over $3 billion in federal funds. In a statement, Harvard’s president, Alan Garber, said the government’s “sweeping and intrusive demands . . . would impose unprecedented and improper control over the University,” causing “stark real‑life consequences for […]Cryptopolitan
Tue, Apr 22
Other
IMF chief economist, asked about Trump attacks on Powell, says central banks must preserve independence
By Andrea Shalal and Francesco Canepa WASHINGTON, April 22 (Reuters) - The IMF's chief economist, asked on Tuesday about U.S. President Donald Trump's attacks on Federal Reserve Chair Jerome Powell, underlined the importance of preserving the independence of central banks to maintain ...Reuters
Tue, Apr 22
Commodities
EU looking at legal options to break Russian gas contracts, source says
BRUSSELS, April 22 (Reuters) - The European Commission is working on legal options to allow EU companies to break their gas supply contracts with Russia without facing penalties, and potentially forbid European firms from signing new contracts for Russian fossil fuels, a senior EU official said.Reuters
Tue, Apr 22
Other
Air India CEO Wilson steps down as chair of low-cost airline arm, Aggarwal to take over
Nipun Aggarwal to replace Wilson as Air India Express chairAir India continues restructuring under Tata Group ownershipJet delivery delays hinder Air India's modernization effortsBy Abhijith Ganapavaram NEW DELHI, April 22 (Reuters) - Air India CEO Campbell Wilson will step down as chair of t...Reuters
Tue, Apr 22
Stocks
MSCI Surpasses Expectations in Q1
MSCI (NYSE:MSCI), a global leader in providing investment decision support tools, announced its financial results for the first quarter on April 22. The company reported robust performance, with both earnings per share (EPS) and revenue exceeding analysts' expectations. Adjusted non-GAAP EPS was $4....The Motley Fool
Tue, Apr 22
Other
Bank of America's shareholders OK executive compensations, elect directors
NEW YORK, April 22 (Reuters) - Bank of America BAC.N shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.Proxy adviser Institutional Shareholder Services had recommended that investors vote ...Reuters
Tue, Apr 22
Other
Three prosecutors in corruption case against NYC Mayor Eric Adams resign, according to letter
By Sarah N. LynchWASHINGTON, April 22 (Reuters) - Three federal prosecutors who brought criminal corruption charges against New York City Mayor Eric Adams resigned in protest on Tuesday, after they said the Justice Department wrongfully pressured them to admit to wrongdoing when they refused orders ...Reuters
Tue, Apr 22
Other
IMF says financial stability risks increased significantly amid trade turmoil
IMF warns financial stability risks significantly increasedGroup cites economic uncertainty, tighter financial conditions as concernsCalls for regulators worldwide to complete capital rules, heighten oversightBy Pete Schroeder WASHINGTON, April 22 (Reuters) - Global financial stability risks have...Reuters
Tue, Apr 22
Stocks
Hexcel falls after Q1 miss, lowered 2025 forecast on weaker Airbus demand
** Hexcel Corp's HXL.N shares down 7.6% to $46.66, a two-week low, on Tues after aircraft parts supplier reported qtrly results below expectations and cut full-yr outlook** Stamford, Connecticut-based firm late Mon posted adj EPS of 37 cents, below LSEG estimate of 43 cents** Rev in qtr declined...Reuters
Tue, Apr 22
Cryptocurrencies
Ripple (XRP) 2025 Peak: Where It Could XRP Price Peak and Why Do Experts Believe This Rival Will End With a Higher Price
XRP will rise toward $3.77 during 2025 while the XRP Ledger Protocol continues to attract more users. As XRP trades at $2.084, its market cap stands at $120.65 billion while demonstrating consistent market movement with a daily increase of 0.30%. The platform maintains its current value because of its ability to facilitate quick international transactions. […]Cryptopolitan
Tue, Apr 22
Other
Greek-yogurt maker Chobani to invest $1.2 billion in New York plant
April 22 (Reuters) - Greek-yogurt maker Chobani said on Tuesday that it would be investing $1.2 billion in building its third U.S. dairy processing plant in New York, and expects to create more than 1,000 full-time jobs.The privately held company, which announced a $500 million expansion in Idaho la...Reuters
Tue, Apr 22
Other
Lawmakers urge FAA to address safety issues at Washington airport after incidents
April 22 (Reuters) - Three senior Democratic lawmakers on Tuesday urged the Federal Aviation Administration to address safety issues at Reagan Washington National Airport and maintain reduced air traffic after a series of troubling incidents.Representatives Rick Larsen and Steve Cohen and Senator Ta...Reuters
Tue, Apr 22
Other
Trump administration pushes appeals court to enforce military's transgender ban
By Brendan Pierson April 22 (Reuters) - President Donald Trump's administration on Tuesday urged an appeals court to let it enforce its ban on openly transgender service members in the military.Jason Manion, arguing for the administration, asked a three-judge panel of the D.C. Circuit U.S. Co...Reuters
Tue, Apr 22
Stocks
GE Aerospace Delivers Strong Q1 Profit
GE Aerospace (NYSE:GE), a leading player in aviation and aerospace technologies, released its Q1 2025 earnings on April 22, 2025. Adjusted earnings per share (Non-GAAP) were $1.49 for Q1 2025, beating analyst expectations of $1.27 (Non-GAAP). The quarter showcased solid performances across its comme...The Motley Fool
Tue, Apr 22
Commodities
Elliott increases BP stake to just over 5%
LONDON, April 22 (Reuters) - Activist hedge fund Elliott holds 5.006% of voting rights in BP BP.L, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big shareholdings in British companies.This makes Elliott BP's second-biggest shareholder af...Reuters
Tue, Apr 22
Cryptocurrencies
Yen tops 140 per dollar ahead of US-Japan finance talks
The yen moved past the key 140 per dollar mark on Tuesday as investors looked for safer options amid growing worries about U.S. assets. The yen rose by as much as 0.7% to 139.90 per dollar. This occurred after uncertainty grew over the Federal Reserve’s independence, rising concerns about tariffs, and news of a planned […]Cryptopolitan
Tue, Apr 22
Stocks
Herc Holdings shares tumble after profit miss
** Shares in Herc Holdings Inc HRI.N down 10.6% after quarterly earnings missed expectations** The equipment rental co's Q1 EPS of $1.30 compares with Street consensus of $2.23 while its rev of $861 mln was ahead of consensus expectation for $849.25 mln according to LSEG** Co says 2025 landscape...Reuters
Tue, Apr 22
