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Sean 'Diddy' Combs faces expanded sex trafficking indictment as trial looms
Five-count indictment alleges racketeering, traffickingCombs' lawyers call his sexual acts 'defined by consent'Trial scheduled for May 5By Luc Cohen and Jonathan Stempel NEW YORK, April 4 (Reuters) - Sean 'Diddy' Combs was hit with an expanded federal indictment on Friday,...Reuters
Fri, Apr 4
Stocks
Why Apparel and Shoe Companies Deckers Outdoor, Gap, and Abercrombie & Fitch Rallied Today, Even as the Broader Markets Plunged Again
Shares of several apparel retailers, such as Deckers Outdoor (NYSE: DECK), Gap (NYSE: GAP), and Abercrombie & Fitch (NYSE: ANF), rallied big on Friday, up 4.3%, 6.3%, and 3%, respectively, as of 2:37 p.m. ET, even as the broader markets plunged for the second day in a row. By contrast, the S&P 500 i...The Motley Fool
Fri, Apr 4
Commodities
CBOT corn ends higher, avoids hit from increased Chinese tariffs
CHICAGO, April 4 (Reuters) - Chicago Board of Trade corn futures finished slightly higher in old-crop contracts on Friday as increased Chinese tariffs are not expected to have a major impact on U.S. exports of the grain, analysts said.CBOT May corn CK25 closed up 2-3/4 cents at $4.60-1/4 a bushel.Ch...Reuters
Fri, Apr 4
Other
EXCLUSIVE-SpaceX, ULA expected to clinch multibillion-dollar contract in key Pentagon launch program
By Marisa Taylor and Joey RouletteWASHINGTON, April 4 (Reuters) - Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars to send some of the Pentagon's most sensitive satellites into space over the ...Reuters
Fri, Apr 4
Other
Texas high court considers dropping ABA accreditation as requirement to practice law
By Karen Sloan April 4 (Reuters) - The Supreme Court of Texas has asked the public to weigh in on whether it should end its requirement that lawyers admitted in the state must graduate from an American Bar Association-accredited law school — following a similar move last month by Florida. The Tex...Reuters
Fri, Apr 4
Indices
Dow Jones Industrial Average plummets as equities get pulverized by tariff tantrum
The Dow Jones Industrial Average (DJIA) had one of its worst trading days since the pandemic period, shedding over 2,000 points to fall over 5% on the day and putting the major equity index on pace for one of its worst-ever trading days in absolute points terms.Fxstreet
Fri, Apr 4
Commodities
COMMODITIES-Oil sinks to pandemic lows; metals, soybeans slump as China retaliates
By Anna Hirtenstein and Karl Plume LONDON/CHICAGO April 4 (Reuters) - Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump's aggressive tariffs.Safe-haven gold was ...Reuters
Fri, Apr 4
Commodities
China hits back at US tariffs with export controls on key rare earths
Rare earth magnets to be covered by export controlsExport controls cover all countries, not just USManufacturers scrambling for access outside ChinaChina's move seen as opening salvo in U.S. trade spatBy Lewis Jackson, Amy Lv, Eric Onstad and Ernest Scheyder BEIJING/LONDON, April 4 (Reuters) ...Reuters
Fri, Apr 4
Other
EXCLUSIVE-SpaceX, ULA expected to clinch multibillion-dollar contract in key Pentagon launch program
WASHINGTON, April 4 (Reuters) - Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars to send some of the Pentagon's most sensitive satellites into space over the next several years, according to t...Reuters
Fri, Apr 4
Stocks
Signs of market stress worsening by the hour, Citi analysts say
NEW YORK, April 4 (Reuters) - Signs of market stress were worsening on Friday during a sharp stock selloff caused by trade war concerns after the announcement of sweeping U.S. tariffs, Citi analysts said in a note. "Our scorecard of stress in markets is looking worse by the hour," they said....Reuters
Fri, Apr 4
Commodities
Panama Canal to open bidding for LPG pipeline, authority says
By Marianna Parraga April 4 (Reuters) - The Panama Canal has authorized the opening of a bidding process for a new pipeline that will transport liquefied petroleum gas (LPG) across the interoceanic waterway, its authority said on Friday.Since Panama's Supreme Court last year ruled the return ...Reuters
Fri, Apr 4
Other
U.S. Peace Corps says Musk's cost-cutting team has arrived at its HQ
By Nathan Layne April 4 (Reuters) - Members of Elon Musk's cost-cutting team arrived at Peace Corps headquarters in Washington, the agency told Reuters, a signal it could become the latest U.S. government unit to face job cuts."Staff from the Department of Government Efficiency are curren...Reuters
Fri, Apr 4
