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GM Says GM Canada Confirmed CAMI Making Operational & Employment Adjustments To Balance Inventory, Align Production Schedules With Current Demand
April 11 (Reuters) - General Motors Co GM.N:GM: GM CANADA CONFIRMED CAMI IS MAKING OPERATIONAL AND EMPLOYMENT ADJUSTMENTS TO BALANCE INVENTORY AND ALIGN PRODUCTION SCHEDULES WITH CURRENT DEMANDGM: ADJUSTMENT RELATED TO RESPONDING TO MARKET DEMAND, RE-BALANCING INVENTORY; PRODUCTION OF BRIGHTDROP AND...Reuters
Fri, Apr 11
Other
Trump envoy's embrace of Russian demands worries Republicans, U.S. allies
By Erin Banco, Gram Slattery and Humeyra Pamuk NEW YORK/WASHINGTON, April 11 (Reuters) - Less than 48 hours after dining with a negotiator sent by Russian President Vladimir Putin in Washington last week, Steve Witkoff, the U.S. special envoy leading talks with Moscow, sat down with President Don...Reuters
Fri, Apr 11
Commodities
US oil rig count falls by most in a week since June 2023, Baker Hughes says
By Scott DiSavino April 11 (Reuters) - U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and g...Reuters
Fri, Apr 11
Commodities
Trump optimistic on reaching deal with China, White House says
WASHINGTON, April 11 (Reuters) - U.S. President Donald Trump is optimistic about reaching a trade deal with China, White House press secretary Karoline Leavitt said on Friday, amid an escalating trade war between the two economic giants that has battered markets."The president has made it very c...Reuters
Fri, Apr 11
Other
Webb telescope documents alien planet's death plunge into a star
Star is located about 12,000 light-years from EarthDoomed star was a hot gas giant bigger than JupiterBy Will Dunham WASHINGTON, April 11 (Reuters) - In May 2020, astronomers for the first time observed a planet getting swallowed by its host star. Based on the data at the time, they believed the ...Reuters
Fri, Apr 11
Stocks
Morgan Stanley's Ted Pick holds optimistic outlook despite trade policy uncertaint
Investing.com -- Ted Pick, Chairman and CEO of Morgan Stanley (NYSE:MS), expressed a cautiously positive outlook for the future of the financial sector during the company's earnings call. This folloInvesting.com
Fri, Apr 11
Other
REFILE-INSIGHT-Brain drain? Trump cutbacks force scientists to seek jobs in Europe
Trump's cuts prompt some scientists in U.S. to seek opportunities in EuropeEU countries are increasing funding to attract U.S. researchersMajor challenges remain for Europe to match U.S. research investmentBy Olivia Le Poidevin, Kate Abnett and Gloria DickieGENEVA, April 11 (Reuters) - David Die...Reuters
Fri, Apr 11
Other
Golf-Cabrera misses cut in controversial Masters return
By Frank PingueAUGUSTA, Georgia, April 11 (Reuters) - Angel Cabrera's controversial return to the Masters this week for the first time since serving a 30-month prison sentence for domestic abuse came to a close on Friday as the former champion missed the cut at Augusta National Golf Club.The 55...Reuters
Fri, Apr 11
Cryptocurrencies
Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger
Legendary technical analyst John Bollinger has highlighted what he calls a “classic Bollinger Band W bottom” that may be forming on the Bitcoin pair BTC/USD. According to him, BTC appears to have found support in the $74,000 area, setting up the characteristic double-dip lows that define...NewsBTC
Fri, Apr 11
Cryptocurrencies
TRUMP Meme Coin’s Hype Slows Amid Numerous Declines As Mutuum Finance (MUTM) Set For A 12,500% Upside In 2025
The TRUMP meme coin reached a frenetic peak of $75.35 with a $15 billion market cap, which has now plunged 87% to trade between $8.89 and $10.62. Market volatility, scrutiny of its political ties from an ethical perspective, and a $431 million token unlock on April 18 have contributed to its downfall. Not even a recent Donald Trump […]Cryptopolitan
Fri, Apr 11
Other
Unifor Says It Urges Canadian Action As GM Halts, Reduces Brightdrop Ev Production At CAMI Assembly Plant
April 11 (Reuters) - UNIFOR: URGES CANADIAN ACTION AS GM HALTS, REDUCES BRIGHTDROP EV PRODUCTION AT CAMI ASSEMBLY PLANTUNIFOR: GM INFORMED UNIFOR THAT CAMI ASSEMBLY WILL INITIATE TEMPORARY LAYOFFS STARTING APRIL 14 WITH WORKERS RETURNING IN MAY FOR LIMITED PRODUCTIONUNIFOR: DURING THIS DOWNTIME, GM ...Reuters
Fri, Apr 11
Commodities
US Plains HRW Wheat-Basis steady amid quiet trade, slow selling
CHICAGO, April 11 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat in the U.S. Midwest on Friday as selling was quiet amid a lack of farmer selling and after the U.S. Department of Agriculture in its monthly supply and demand report raised its global and U.S. wheat stocks projec...Reuters
Fri, Apr 11
Stocks
Why Newsmax Stock Is Plummeting This Week
Shares of Newsmax (NYSE: NMAX) are falling this week. As of 1 p.m. ET, the company's stock had lost 46%. The fall comes as the S&P 500 and the Nasdaq Composite saw one of their most chaotic weeks in years.This week, the media company was dealt a major blow in its ongoing defamation case with Dominio...The Motley Fool
Fri, Apr 11
Stocks
Why CrowdStrike, Palo Alto Networks, and Fortinet Stocks Rallied This Week
Shares of cybersecurity leaders CrowdStrike Holdings (NASDAQ: CRWD), Palo Alto Networks (NASDAQ: PANW), and Fortinet (NASDAQ: FTNT) rallied 13%, 6%, and 13%, respectively, this week as of noon ET on Friday, according to data provided by S&P Global Market Intelligence.The primary reason for these inc...The Motley Fool
Fri, Apr 11
Other
Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth
April 11 (Reuters) - Wells Fargo's WFC.N profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday that U.S. tariffs risk slowing economic growth.
Reuters
Fri, Apr 11
Stocks
Why Lucid Group Stock Jumped Early Friday
It's been a topsy-turvy week in the stock market. Mostly because of tariff news and the potential ramifications to the U.S. and world economies. One electric vehicle (EV) stock jumped today for another reason. Lucid Group (NASDAQ: LCID) raised some fresh capital this week, and today announced new ex...The Motley Fool
Fri, Apr 11
Other
Space startups face uncertainty as US cuts federal spending, report says
By Akash Sriram April 11 (Reuters) - U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.Elon Musk-led Department of Government Efficiency and the Trump a...Reuters
Fri, Apr 11
Other
UnitedHealth asks healthcare providers for hack loan repayments, WSJ reports
April 11 (Reuters) - UnitedHealth Group UNH.N is demanding that healthcare providers repay the loans they received from the company after a cyberattack at its tech unit Change Healthcare last year, the Wall Street Journal reported on Friday.Healthcare providers have received emails from UnitedHealth...Reuters
Fri, Apr 11
Other
Greenland appoints first Arctic ambassador, pledges sustainable development
Arctic Council role comes as Trump seeking to control GreenlandGreenland priorities for role opposite of Trump agenda, analyst saysCouncil is platform for collaboration on pollution, developmentBy Jacob Gronholt-Pedersen COPENHAGEN, April 11 (Reuters) - Greenland appointed its first Arctic am...Reuters
Fri, Apr 11
