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Changing the venue of Iran-US talks might 'jeopardize any beginning', Iran's foreign ministry says
DUBAI, April 16 (Reuters) - Iran's foreign ministry spokeperson compared the venue of the Iran-US nuclear talks to a goalpost on Wednesday, saying moving it might 'jeopardize any beginning'.Baghaei's comments on X came after Iran's state media and sources briefed on the matter sa...Reuters
Wed, Apr 16
Other
Incentivizing resiliency is key to coping with climate risk: Triple-I's Kevelighan
By Isha MaratheApril 15 - (The Insurer) – As the insurance industry shifts gears from repairing losses to predicting and mitigating them, the Insurance Information Institute is launching an incentivization initiative to lower the risk of catastrophe-prone properties during a climate disaster, said ...Reuters
Wed, Apr 16
Stocks
Tariffs, Trump, and Turmoil
In this podcast, Motley Fool analysts talk about economic uncertainty, airlines, building materials, and assorted spirits.Motley Fool analyst Asit Sharma caught up with Martín de los Santos, the CFO of MercadoLibre, at The Motley Fool's Market Volatility Summit. They talked about how MercadoLibre be...The Motley Fool
Wed, Apr 16
Stocks
US STOCKS-Wall St tumbles, Nvidia drops after new US chip export curbs
Indexes down: Dow 0.33%, S&P 500 0.86%, Nasdaq 1.64%United Airlines up on stable quarterly bookings March retail sales stronger than expected Fed Chair Powell's speech on tapBy Lisa Pauline Mattackal and Purvi Agarwal April 16 (Reuters) - Wall Street's main indexes slid on Wednesd...Reuters
Wed, Apr 16
Stocks
Every Wolfspeed Investor Should Keep an Eye on This Number
Do you own a stake in industrial technology outfit Wolfspeed (NYSE: WOLF)? Maybe it's on your watch list? Whatever the case, it's a compelling but complicated investment prospect. The company's tech is critical to several industries' futures, but its declining revenue and lack of profitability are c...The Motley Fool
Wed, Apr 16
Other
U.S. adds shipping companies, oil tankers to Iran-related sanctions
WASHINGTON, April 16 (Reuters) - The United States on Wednesday slapped new sanctions targeting shipping companies oil tankers under its Iran-related sanctions program, according to the U.S. Treasury Department website.Reuters
Wed, Apr 16
Stocks
The Day After the Market Skyrocketed
In this podcast, Motley Fool analyst Asit Sharma and host Ricky Mulvey discuss:Their reflections on one of the best days in the market since WWII, and the hangover.Nike and Lululemon getting caught in a brewing trade war.Andy Jassy's annual letter to Amazon shareholders.Then, Motley Fool analyst Tim...The Motley Fool
Wed, Apr 16
Other
Ford's China business made $900 million last year
By Nora EckertDETROIT, April 16 (Reuters) - Ford Motor's F.N China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said Wednesday.John Lawler, Ford's vice chair and former chief financi...Reuters
Wed, Apr 16
Other
Mexico president sends diplomatic memo to US on border security collaboration
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that she had sent a diplomatic memo to the United States about security collaboration at the two countries' shared border. A day earlier, the U.S. government announced an emergency transfer of nearly 110,000...Reuters
Wed, Apr 16
Economic Indicator
INSTANT VIEW-Bank of Canada holds benchmark rate steady at 2.75%
TORONTO, April 16 (Reuters) - The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven consecutive cuts. MARKET REACTION: CAD/LINK: nBCLGFELB6 COMMENTSDOUG PORTER, CHIEF ECONOMIST AT BMO CAPITAL MARKETS"Obviously it was a difficult decision. ...Reuters
Wed, Apr 16
Stocks
GLOBAL MARKETS-Shares skid as Nvidia hurt by US chip-sale curbs, gold hits record
Tech shares hit as U.S. curbs China chip salesNvidia slumps 5.5% European and Asian stocks fall Gold climbs 2%+, dollar slides and safe-havens jumpOil up 1%+By Lawrence Delevingne and Harry Robertson BOSTON/LONDON, April 16 (Reuters) - Global shares fell on Wednesday, with gold trading at rec...Reuters
Wed, Apr 16
Commodities
Spotify down for thousands of users globally, Downdetector shows
April 16 (Reuters) - Music streaming platform Spotify's SPOT.N services were down for thousands of users worldwide on Wednesday, according to Downdetector.com.There were more than 47,000 incidents of people reporting issues with Spotify as of 9:32 a.m. ET, the outage tracking website showed.The ...Reuters
Wed, Apr 16
Forex
FOREX-Dollar resumes fall as investors wait on trade talks
Yen climbs into U.S.-Japan trade talksSwiss franc continues to post gains on dollar Fed's Powell to speak later on WednesdayBy Karen Brettell NEW YORK, April 16 (Reuters) - The dollar resumed its fall on Wednesday with both safe havens and risk sensitive currencies outperforming the greenback...Reuters
Wed, Apr 16
Other
AP accuses Trump White House of defying court order restoring access
WASHINGTON, April 16 (Reuters) - The Associated Press accused aides to President Donald Trump of defying a court order restoring its access to press events in the White House after a judge found the news agency had faced unlawful retaliation.In a court filing on Wednesday, lawyers for the AP accused...Reuters
Wed, Apr 16
Other
US judge blocks Energy Department from slashing federal research funding
BOSTON, April 16 (Reuters) - A federal judge temporarily blocked U.S. President Donald Trump's administration from carrying out steep cuts to federal research funding provided to universities by the U.S. Department of Energy.U.S. District Judge Allison Burroughs in Boston issued a temporary rest...Reuters
Wed, Apr 16
Commodities
US Army Corps grants emergency status for Enbridge Line 5 tunnel
By Valerie VolcoviciWASHINGTON, April 16 (Reuters) - The U.S. Army Corps of Engineers on Wednesday granted Enbridge's proposed tunnel for its Line 5 pipeline national energy emergency status, fast-tracking a key federal permitting process.President Donald Trump had ordered the Army Corps to issu...Reuters
Wed, Apr 16
Stocks
AMD flags $800 million hit from new US curbs on chip exports to China
April 16 (Reuters) - Advanced Micro Devices AMD.O expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday. Larger rival Nvidia NVDA.O said on Tuesday it would take $5.5 billion in charges as t...Reuters
Wed, Apr 16
