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German stocks rise on tax relief package approval; Europe's STOXX 600 touches one-week high
Airbus shares rise after report of Chinese aircraft ordersGerman cabinet approves tax relief package to boost economyDAX up 0.8%, STOXX 600 up 0.5%By Medha Singh, Sanchayaita Roy and Ragini Mathur June 4 (Reuters) - European stocks closed higher on Wednesday, buoyed by Berlin's approval of ...Reuters
Wed, Jun 4
Other
Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports
June 4 (Reuters) - Apple AAPL.O and Alibaba's 9988.HK rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the Financial Times reported on Wednesday, as the partnership becomes the latest to take a hit due to U.S. President Donald Trump's trade war.Th...Reuters
Wed, Jun 4
Other
Details emerge about new national bar exam, with anticipation high
By Karen Sloan June 4 (Reuters) - Bar exam officials have released details about structure and scoring of the new national test set to debut in July 2026, which will mark its first major redesign in 25 years.The NextGen UBE, as the new exam is officially called, will be significantly shorter than...Reuters
Wed, Jun 4
Stocks
Healthcare, mining shares boost UK stocks; focus on global trade deals
FTSE 100 up 0.2%, FTSE 250 rises 0.5%UK services sector returns to growth, PMI survey shows UK exempt from US doubled tariffs on steel and aluminum importsB&M drops after annual sales disappoint June 4 (Reuters) - British equities closed higher on Wednesday, with healthcare and mining sh...Reuters
Wed, Jun 4
Other
CrowdStrike receives inquiries from US DoJ, SEC over revenue recognition from certain customers
June 4 (Reuters) - CrowdStrike CRWD.O said on Wednesday it received inquiries from the U.S. Department of Justice and the Securities and Exchange Commission about how the cybersecurity company recognizes revenue and reports annual recurring revenue for transactions with certain customers.Reuters
Wed, Jun 4
Stocks
Why Tesla Stock Plunged Today
It's an interesting time to be a Tesla (NASDAQ: TSLA) shareholder. CEO Elon Musk has stepped away from his leadership role in President Trump's Department of Government Efficiency (DOGE) cost-cutting effort. The timing was presumably good, as Tesla is preparing to launch its robotaxi technology in A...The Motley Fool
Wed, Jun 4
Other
Mexico seen renewing its approval for Nippon Steel-US Steel tie up Thursday-sources
WASHINGTON, June 4 (Reuters) - Mexico's antitrust watchdog is expected to renew its approval of Nippon Steel's fraught $14.9 billion bid for U.S. Steel as soon as Thursday, according to three people familiar with the matter, removing one of the last remaining hurdles to the tie-up. Cofece,...Reuters
Wed, Jun 4
Other
Ukraine releases new footage of drone attack on Russian strategic bombers
KYIV, June 4 (Reuters) - Ukraine released new footage on Wednesday of its major drone strike on four Russian military airbases, showing attack drones targeting numerous Russian strategic bombers and landing on two airborne early warning and control planes.Ukrainian authorities say Sunday's attac...Reuters
Wed, Jun 4
Other
Glass Lewis backs two of Deep Track's four nominees in Dynavax fight
By Svea Herbst-BaylissNEW YORK, June 4 (Reuters) - Proxy advisory firm Glass Lewis urged Dynavax Technologies DVAX.O shareholders to elect two of investment firm Deep Track Capital's four director nominees, arguing change is needed because the company has not been responsive enough to shareholde...Reuters
Wed, Jun 4
Other
US Army helicopter flights at Pentagon remain suspended after close call
By David ShepardsonWASHINGTON, June 4 (Reuters) - U.S. Army helicopter flights around the Pentagon remain suspended after two passenger airline flights were forced to abort landings on May 1 at Reagan Washington National Airport because of a nearby Black Hawk helicopter, the acting head of the Feder...Reuters
Wed, Jun 4
Other
Crowdstrike Says Received Requests For Information From The U.S. Department Of Justice And The U.S. Securities And Exchange Commission - SEC Filing
June 4 (Reuters) - CrowdStrike Holdings Inc CRWD.O:CROWDSTRIKE SAYS RECEIVED REQUESTS FOR INFORMATION FROM THE U.S. DEPARTMENT OF JUSTICE AND THE U.S. SECURITIES AND EXCHANGE COMMISSION - SEC FILINGCROWDSTRIKE - REQUESTS RELATING TO RECOGNITION OF REVENUE AND REPORTING OF ARR FOR TRANSACTIONS WITH S...Reuters
Wed, Jun 4
Commodities
US government plans to deny emergency requests for three ethane export cargoes to China, Enterprise Products says
HOUSTON, June 4 (Reuters) - Enterprise Products Partners EPD.N on Wednesday said it received notice that the U.S. Commerce Department intends to deny emergency requests for three proposed cargoes of ethane exports to China. The three cargoes of ethane to China total around 2.2 million barrels. The p...Reuters
Wed, Jun 4
Stocks
BREAKINGVIEWS-Keep Fannie and Freddie on tight financial leashes
By Gabriel Rubin WASHINGTON, June 4 (Reuters Breakingviews) - There’s fresh talk about releasing the biggest financial rescues in U.S. history back into the wild. President Donald Trump last week hinted at accelerating efforts to reprivatize mortgage buyers Fannie Mae and Freddie Mac while also s...Reuters
Wed, Jun 4
Other
US FAA not currently considering lifting Boeing 737 MAX production cap, official says
WASHINGTON, June 4 (Reuters) - The acting head of the Federal Aviation Administration said he is not currently considering lifting a production cap of 38 planes per month on Boeing's 737 MAX imposed after a January 2024 mid-air emergency involving a new Alaska Airlines ALK.N Boeing plane missing...Reuters
Wed, Jun 4
Stocks
Economy, politics, fresh competitors pose challenges to Argentine businesses
June 4 (Reuters) - Companies in Argentina are set to face challenges related to politics, the economy and a surge of competitors over the next three years, a poll by consultancy EY showed on Wednesday.WHY IT'S IMPORTANTThe Trump administration has focused on international relations through chang...Reuters
Wed, Jun 4
Other
Britain's Prince Harry explored changing surname to Spencer, says Guardian report
LONDON, June 4 (Reuters) - Britain's Prince Harry and his wife Meghan explored the idea of changing their family name to Spencer amid months of delays in their two children receiving British passports, the Guardian newspaper reported on Wednesday.Harry, the Duke of Sussex, believed that the pass...Reuters
Wed, Jun 4
Stocks
Chart Industries, Flowserve to merge in about $19 billion deal
By Anshuman TripathyJune 4 (Reuters) - U.S.-based equipment manufacturer Chart Industries GTLS.N and flow control systems maker Flowserve Corp FLS.N agreed to merge in an all-stock deal, valuing the combined company at about $19 billion.The deal is expected to help the combined entity take advantag...Reuters
Wed, Jun 4
Stocks
US STOCKS-Wall Street climbs as tech boost offsets economic worries
Indexes up: Dow 0.1%, S&P 500 0.18%, Nasdaq 0.28%CrowdStrike falls on downbeat quarterly revenue forecastGlobalFoundaries up on plans to increase investmentsBy Kanchana Chakravarty and Sukriti Gupta June 4 (Reuters) - U.S. stocks edged higher on Wednesday, as strength in technology shares off...Reuters
Wed, Jun 4
Other
ADVISORY-Incorrect outlook alerts on Fortrea from law firm's release withdrawn
Incorrect annual outlook alerts on Fortrea Holdings Inc FTRE.O were inadvertently published from a law firm's press release and have been withdrawn.There will be no substitute.STORY_NUMBER: nPLX1F67FBSTORY_DATE:04/06/2025STORY_TIME:04:00 PM GMTReuters
Wed, Jun 4
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