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House Republicans failed a key vote to advance the GENIUS Act, stalling a major crypto legislative push
House Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,” dealing a setback to the digital asset industry. The vote, which failed 196–222, prevented the […]Cryptopolitan
Tue, Jul 15
Other
'Severance,' 'The Penguin' lead nominations for TV's Emmy awards
'Severance' racks up 27 Emmy nodsHBO and HBO Max lead all networksWinners will be announced in SeptemberBy Lisa Richwine LOS ANGELES, July 15 (Reuters) - Psychological thriller "Severance" from Apple TV+ and HBO's crime drama "The Penguin" stacked up the most nominatio...Reuters
Tue, Jul 15
Stocks
GLOBAL MARKETS-Equities lose earlier gains and US bond yields rise with inflation in focus
MSCI all country index loses ground after hitting recordUS inflation higher in June but broadly in line with expectations Dollar rises along with US Treasury yields JPMorgan, Citi results beat expectations, but while Citi rallies JPM dropsBy Sinéad Carew, Alun John NEW YORK/LONDON, July 15 (Reute...Reuters
Tue, Jul 15
Other
US SEC ends Cognizant bribery case that the Justice Department also abandoned
By Jonathan Stempel July 15 (Reuters) - The U.S. Securities and Exchange Commission ended a civil bribery case against two former Cognizant Technology Solutions CTSH.O executives, after President Donald Trump decided to stop enforcing a key anti-corruption law.In a filing in the Newark, New Jerse...Reuters
Tue, Jul 15
Other
J.B. Hunt's second-quarter profit falls on higher costs
July 15 (Reuters) - J.B. Hunt Transport Services JBHT.O on Tuesday reported a drop in second-quarter earnings, as increased expenses for wages and equipment weighed on the U.S. trucking firm's margins.Shares of the company were down 3.8% in extended trading. The trucking industry has been in dec...Reuters
Tue, Jul 15
Stocks
Stock Market Today: BigBear.ai Rises 2.6% Global AI Momentum
BigBear.ai Holdings Inc. (NYSE: BBAI) shares gained 2.6% to close at $7.10 on Monday, adding $0.18 per share as investors continued to respond positively to the company's recent strategic initiatives in aviation security. The stock has been gaining momentum following last month's announcement of a s...The Motley Fool
Tue, Jul 15
Other
Exclusive: McGowan exits Americas head of transactional risk role at RP Underwriting
By Isha Marathe, James ThalerJuly 15 - (The Insurer) - Michael McGowan, who has served as managing director and head of Americas transactional risk at RiskPoint Group's RP Underwriting since the start of 2021, has parted ways with the managing general underwriter, sources with knowledge of the ...Reuters
Tue, Jul 15
Cryptocurrencies
Cantor Fitzgerald is close to finalizing $4 Billion bitcoin deal with Adam Back
Brandon Lutnick, the 27‑year‑old son of Commerce Secretary Howard Lutnick, is preparing to finalize roughly a $4 billion deal with bitcoin innovator Adam Back to build up a significant position in the digital currency. According to the Financial Times, people with direct knowledge of the discussions have shared that the acquisition is planned via Cantor Equity […]Cryptopolitan
Tue, Jul 15
Commodities
US Cash Crude-Grades fall as US crude, fuel stocks rise
July 15 (Reuters) - Grades fell on Tuesday after American Petroleum Institute data showed domestic crude and fuel stocks rose last week, dealers said.U.S. crude, distillate and gasoline stocks rose last week, market sources said, citing API figures.Crude stocks rose by 839,000 barrels in the week en...Reuters
Tue, Jul 15
Other
BD Issues Update To Recall Of Alaris & BD Alaris Pump Modules
July 15 (Reuters) - Becton Dickinson and Co BDX.N:BD -ISSUES UPDATE TO VOLUNTARY GLOBAL RECALL OF ALARIS AND BD ALARIS PUMP MODULES SERVICED WITH LEGACY BEZEL KIT ASSEMBLIESBD -RECALL OF ALARI AND BD ALARIS PUMP MODULES HAS BEEN ASSOCIATED WITH INCIDENTS OF SERIOUS INJURY AND PATIENT DEATHReuters
Tue, Jul 15
Other
US tariffs could have pandemic-like impact on planemaker Embraer, CEO says
By Gabriel Araujo SAO PAULO, July 15 (Reuters) - The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer EMBR3.SA like the COVID-19 pandemic did, its CEO warned on Tuesday, flagging risks to U.S. partne...Reuters
Tue, Jul 15
Stocks
RPT-TRADING DAY-Bond blues mar stocks' joy
ORLANDO, Florida, July 15 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist The S&P 500 and Nasdaq leaped to new highs on Tuesday thanks to a surge in Nvidia shares, but closed mixed as investors digested a pick-up in U.S. inflation...Reuters
Tue, Jul 15
Stocks
Loop Industries Inc reports results for the quarter ended May 31 - Earnings Summary
Loop Industries Inc LOOP.OQ reported a quarterly adjusted loss of 7 cents per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of two analysts for the quarter was for a loss of 7 cents per share. Revenue r...Reuters
Tue, Jul 15
Commodities
New capacity fueling marine hull and machinery competition, says BMS
By Chris MunroJuly 15 - (The Insurer) - The marine hull and machinery market remains competitive with underwriters offering rate reductions to both blue and brown water business provided they have a clean loss history, according to a new report from BMS.Competition in the sector is rising further ow...Reuters
Tue, Jul 15
Stocks
Kezar Life Sciences climbs after FDA lifts clinical hold on liver disease drug
** Shares of drug developer Kezar Life Sciences KZR.O rise 4.3% to $4.82 in extended trading** The U.S. FDA has lifted a partial clinical hold on company's mid-stage trial of evaluating zetomipzomib for the treatment of autoimmune hepatitis, a rare chronic liver disease** Zetomipzomib is a first...Reuters
Tue, Jul 15
Forex
Brazil government calls US remarks 'unacceptable interference'
SAO PAULO, July 15 (Reuters) - Brazil's foreign ministry said on Tuesday it rejected fresh remarks from the U.S. government that said it would be "watching closely" after imposing "long-overdue consequences" regarding a court case against former President Jair Bolsonaro.U.S. Pres...Reuters
Tue, Jul 15
Other
US SEC ousts head of accounting watchdog, email says
By Chris Prentice July 15 (Reuters) - The U.S. Securities and Exchange Commission has pushed out the head of the U.S. watchdog that oversees public company auditors, according to an email to staff seen by Reuters.Erica Williams, who has led the Public Company Accounting Oversight Board since 2022...Reuters
Tue, Jul 15
Other
Trump DOJ says agencies' layoff plans are off limits in legal challenge
By Daniel Wiessner July 15 (Reuters) - President Donald Trump's administration has told a federal judge that it cannot be ordered to disclose federal agencies' reorganization and mass layoff plans as part of a lawsuit seeking to block them from being implemented. U.S. Department of Justic...Reuters
Tue, Jul 15
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