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LIVESTOCK-CME cattle futures higher on stabilizing stock market
By Heather Schlitz CHICAGO, April 15 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures ended higher on Tuesday as relatively firm boxed beef prices and recovering equities markets provided support to prices, analysts said.CME June live cattle futures LCM25 settled up 0.725 ce...Reuters
Tue, Apr 15
Other
Meta's Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows
Document shows Zuckerberg contemplated Big Tech crackdownFTC is seeking to unwind Meta's acquisitions of Instagram and WhatsAppMeta denies holding social media monopoly, cites competition from TikTok, YouTubeBy Jody Godoy and Katie Paul WASHINGTON, April 15 (Reuters) - Meta META.O CEO Mark Zu...Reuters
Tue, Apr 15
Other
Forever 21 creditors face large losses under bankruptcy plan
By Nicholas P. Brown April 15 (Reuters) - Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions paltry recoveries on debts owed by the bankrupt fast fashion retailer, a lawyer for the company's unsecured creditors...Reuters
Tue, Apr 15
Other
Trump administration proposes scrapping UN peacekeeping funding
US is largest contributor to UN regular and peacekeeping budgetsWhite House proposes slashing US diplomacy and aid budgetsCongress sets the US federal government budget By Jonathan Landay and Humeyra Pamuk WASHINGTON, April 15 (Reuters) - The White House budget office has proposed eliminating fun...Reuters
Tue, Apr 15
Other
Judge blocks most of Trump order against Susman Godfrey, laments law firms 'capitulating'
Judges have blocked Trump orders against three other firmsNine law firms have reached agreements with TrumpJudge says firms in deals with Trump could still be targetedBy Mike Scarcella, David Thomas WASHINGTON, April 15 (Reuters) - A federal judge on Tuesday blocked most of Donald Trump's exe...Reuters
Tue, Apr 15
Other
G7 calls for immediate ceasefire in war in Sudan at two-year mark
April 15 (Reuters) - G7 foreign ministers on Tuesday issued a statement calling for an immediate and unconditional ceasefire in Sudan and condemning attacks by Sudan's Rapid Support Forces. The war in Sudan erupted in April 2023, sparked by a power struggle between the army and the Rapid Suppor...Reuters
Tue, Apr 15
Stocks
Nvidia down on flagging $5.5 bln hit in Q1 related to H20 chip regulation
** Shares of chipmaker Nvidia NVDA.O fall 3.6% to $108.18 in extended trading** Co says Q1 results are expected to include up to $5.5 billion in charges after the U.S. government said it would require licenses for exports of its H20 microchip to China ** Co adds the charges are associated with H20 p...Reuters
Tue, Apr 15
Stocks
Ad firm Omnicom misses revenue estimates as economic uncertainty weighs
April 15 (Reuters) - Advertising firm Omnicom Group OMC.N missed Wall Street estimates for first-quarter revenue on Tuesday, as an uncertain economic environment weighed on several of its segments, sending its shares down 3.6% in trading after the bell.Omnicom witnessed declines in revenue growth ac...Reuters
Tue, Apr 15
Other
US transfers land on Mexican border to the Army to prevent illegal crossings
April 15 (Reuters) - The Trump administration announced an emergency transfer of nearly 110,000 acres of federal land along the U.S.-Mexico border to the Army to help prevent illegal immigration, the Interior Department said on Tuesday.The move is part of President Donald Trump's sweeping immigr...Reuters
Tue, Apr 15
Commodities
CANADA-CRUDE-Western Canada Select heavy crude discount widens
April 15 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Tuesday.WCS for May delivery in Hardisty, Alberta, settled at $9.30 a barrel under WTI, according to brokerage CalRock, after having sett...Reuters
Tue, Apr 15
Stocks
BioSig Technologies Inc reports results for the quarter ended December 31 - Earnings Summary
BioSig Technologies Inc BSGM.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -82 cents. The lone analyst forecast for the quarter was for a loss of 17 cents per share. Revenue ro...Reuters
Tue, Apr 15
Other
Trump signs healthcare executive order that includes a win for pharma companies
Trump's order targets Medicare drug price negotiation timelineCongress must approve changes to Medicare price negotiationsOrder encourages state drug importation programsFDA urged to streamline approval for generics and biosimilarsBy Ahmed Aboulenein WASHINGTON, April 15 (Reuters) - U.S. Pres...Reuters
Tue, Apr 15
Other
EXCLUSIVE-US tariffs may cost chip equipment makers more than $1 billion, industry estimates
Tariffs could cost Applied, Lam, KLA $350 million each annually, sources saySmaller rivals like Onto Innovation face tens of millions in costs, sources sayBiden-era controls already erased billions in revenue from U.S. firmsBy Max A. Cherney TORONTO, April 15 (Reuters) - U.S. President Donald Tru...Reuters
Tue, Apr 15
Other
Surfing-Olympians ready to take in sport's 'epicenter' in Southern California
By Amy Tennery NEW YORK, April 15 (Reuters) - Olympic surfing is ready to grab the spotlight at the 2028 LA Olympics with a pristine venue in the heart of modern surf culture after thriving in a far-flung location for the Paris Games.Paris earned rave reviews for its Olympic surfing venue halfway...Reuters
Tue, Apr 15
Other
Nvidia expects up to $5.5 billion charge in first quarter
April 15 (Reuters) - Nvidia NVDA.O said on Tuesday its first-quarter results are expected to include up to approximately $5.5 billion of charges associated with H20 products for inventory, purchase commitments, and related reserves.Reuters
Tue, Apr 15
Commodities
US Cash Crude-Grades mixed as crude stocks rise, fuel inventories fall, API says
April 15 (Reuters) - Grades pulled in different directions on Tuesday, dealers said, after crude stocks rose but fuel inventories slipped. Mars Sour WTC-MRS rose 20 cents to a midpoint of a $1.50 premium to U.S. crude futures CLc1, its highest since March 13, according to data from LSEG. Crude stoc...Reuters
Tue, Apr 15
Stocks
Greenwich Lifesciences Inc reports results for the quarter ended December 31 - Earnings Summary
Greenwich Lifesciences Inc GLSI.OQ reported a quarterly adjusted loss of 61 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -21 cents. The lone analyst forecast for the quarter was for a loss of 21 cents per share. Reporte...Reuters
Tue, Apr 15
Commodities
CIF/FOB Gulf Grain-Corn barge basis steady to higher on export news
CHICAGO, April 15 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were steady to higher on Tuesday, after a spate of corn export news and as river shipping hurdles have continued to have barges back up, traders said.* Meanwhile, basis bids for soybeans delivered by ba...Reuters
Tue, Apr 15
