News
Important Only
Stocks
Railroad operator CSX falls after lower-than-expected quarterly results
** Shares of railroad operator CSX CSX.O fall ~1% to $27.04 in extended trading** Company reports Q1 profit of 34 cents/shr, below analysts' estimates of 37 cents/shr, according to data compiled by LSEG** CSX reports Q1 sales of $3.42 bln, below analysts' estimates of $3.47 bln** Company'...Reuters
Wed, Apr 16
Commodities
US Cash Crude-Grades mixed as crude stocks rise, domestic refinery demand grows
April 16 (Reuters) - Physically traded U.S. crude grades were mixed on Wednesday, dealers said, as buyers contended with growing refinery demand as well as a rise in crude inventories. U.S. oil refiners are expected to have about 1.6 million barrels per day of capacity offline in the week ending Apr...Reuters
Wed, Apr 16
Other
Quantum Computing Announces Retirement Of Chief Executive Officer And President Dr. William Mcgann
April 16 (Reuters) - Quantum Computing Inc QUBT.O:QUANTUM COMPUTING, INC. ANNOUNCES RETIREMENT OF CHIEF EXECUTIVE OFFICER AND PRESIDENT DR. WILLIAM MCGANNQUANTUM COMPUTING INC - QCI CEO AND PRESIDENT DR. WILLIAM MCGANN TO RETIRE EFFECTIVE MAY 12, 2025QUANTUM COMPUTING INC - QCI NAMES DR. YUPING HUAN...Reuters
Wed, Apr 16
Economic Indicator
Powell does not think Trump's labor board firings case will apply to Fed
Case over Trump firings being closely watched in Fed circlesPowell: 'never going to be influenced by any political pressure'Powell's remarks on independence draw audience applauseBy Howard Schneider CHICAGO, April 16 (Reuters) - The legal case before the Supreme Court over President D...Reuters
Wed, Apr 16
Other
US IRS planning to rescind Harvard's tax-exempt status, CNN reports
April 16 (Reuters) - The U.S. Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard University, CNN reported on Wednesday, citing two sources familiar with the matter.A final decision on rescinding the university's tax exemption is expected soon, CNN added.The repo...Reuters
Wed, Apr 16
Commodities
LIVESTOCK-CME cattle, hog futures rise on fund buying
By Heather Schlitz CHICAGO, April 16 (Reuters) - Chicago Mercantile Exchange cattle and hog futures moved higher on Wednesday as a weaker dollar and a seasonal uptick in demand supported prices, traders said. Retailer demand for beef and pork has increased as the start of the grilling season appr...Reuters
Wed, Apr 16
Commodities
CIF/FOB Gulf Grain-Soybean barge basis eases on sluggish spot demand
CHICAGO, April 16 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals eased on Wednesday, amid lukewarm spot demand and as soybean buyers looked to the South American crop, traders said.* CIF corn basis bids also eased, offsetting support from a weakening U.S. dollar,...Reuters
Wed, Apr 16
Commodities
US orders halt on construction of New York offshore wind project
April 16 (Reuters) - U.S. Interior Secretary Doug Burgum said on Wednesday he was directing his agency to halt construction on Equinor's EQNR.OL Empire Wind offshore wind project off the coast of New York.In a post on X, Burgum said information suggested the Biden administration rushed the proje...Reuters
Wed, Apr 16
Economic Indicator
Ford Motor may hike prices if Trump's auto tariffs persist, memo says
By Kalea Hall, Nora Eckert and Utkarsh Shetti April 16 (Reuters) - Ford Motor F.N may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters. The Dearborn, Michigan, automaker of...Reuters
Wed, Apr 16
Other
Foreign students in U.S. mount court challenges as Trump ends their legal status
Judges issue orders protecting students at risk of deportationLawsuits allege administration unlawfully removed students' records from databaseLocal ACLU chapters pursuing lawsuits in several statesBy Nate Raymond and Kristina Cooke BOSTON, April 16 (Reuters) - International students are rush...Reuters
Wed, Apr 16
Other
US House Republican Elise Stefanik eyes run for New York governor
By Bo Erickson WASHINGTON, April 16 (Reuters) - Republican U.S. Representative Elise Stefanik is considering running for governor of New York next year, according to a person familiar with her plans. If the six-term congresswoman secured the Republican nomination, she'd be taking on Democrati...Reuters
Wed, Apr 16
Other
Costco Wholesale Corporation Announces An Increase In Its Quarterly Cash Dividend
April 16 (Reuters) - Costco Wholesale Corp COST.O:COSTCO WHOLESALE CORPORATION ANNOUNCES AN INCREASE IN ITS QUARTERLY CASH DIVIDENDCOSTCO WHOLESALE CORP - INCREASES QUARTERLY DIVIDEND TO $1.30 PER SHAREReuters
Wed, Apr 16
Other
Red Cat Holdings Files Prospectus Related To Resale Of Up To 25.2 Million Shares Of Common Stock By Selling Stockholder - SEC Filing
April 16 (Reuters) - Red Cat Holdings Inc RCAT.O:RED CAT HOLDINGS FILES PROSPECTUS RELATED TO RESALE OF UP TO 25.2 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDER - SEC FILINGSource text: [ID:n0001554795-25-000111]Reuters
Wed, Apr 16
Other
Ernexa Therapeutics Inc Files Prospectus For Resale Of 10.4 Million Shares Of Common Stock By Selling Stockholder- SEC Filing
April 16 (Reuters) - Ernexa Therapeutics Inc ERNA.O:ERNEXA THERAPEUTICS INC FILES PROSPECTUS FOR RESALE OF 10.4 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDER- SEC FILINGSource text: [ID:n0001641172-25-005057]Reuters
Wed, Apr 16
Other
Interactive Strength Inc Files Prospectus For Offer & Resale Of - 6.8 Million Shares Of Common Stock By Selling Stockholder - SEC Filing
April 16 (Reuters) - Interactive Strength Inc TRNR.O:INTERACTIVE STRENGTH INC FILES PROSPECTUS FOR OFFER & RESALE OF - 6.8 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDER - SEC FILINGSource text: [ID:n0000950170-25-054762]Reuters
Wed, Apr 16
Other
ACIP Votes To Expand Recommendation For Pfizer’S RSV Vaccine Abrysvo To Include Adults Aged 50 To 59 At Increased Risk Of Disease
April 16 (Reuters) - Pfizer Inc PFE.N:ACIP VOTES TO EXPAND RECOMMENDATION FOR PFIZER’S RSV VACCINE ABRYSVO® TO INCLUDE ADULTS AGED 50 TO 59 AT INCREASED RISK OF DISEASEReuters
Wed, Apr 16
