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Pratt & Whitney workers approve contract, ending strike; deal keeps work in Connecticut
Machinists' union members approve offer from Pratt & Whitney by 74%Pratt & Whitney commits to keep engine production in Connecticut through 2029New contract includes 15.5% wage increase over four years and higher pension contributionsBy Dan Catchpole May 27 (Reuters) - Union membe...Reuters
Tue, May 27
Cryptocurrencies
Analysts Who Predicted Ripple (XRP)’s Rise Now Back Mutuum Finance (MUTM) for 50x Returns
Some of the same crypto analysts and influencers who predicted Ripple (XRP)’s legendary price surge are now pointing their focus toward Mutuum Finance (MUTM)—a new DeFi protocol that’s catching serious attention for its real-world use cases, growing user base, and launch-ready product. And this time, they believe the returns will go even higher—up to 50x […]Cryptopolitan
Tue, May 27
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Trump administration halts scheduling of new student visa appointments
US eyes expanding social media vetting for student visasAlready scheduled student visa appointments can proceed Trump administration has sought to revoke student visasBy Humeyra Pamuk WASHINGTON, May 27 (Reuters) - President Donald Trump's administration has ordered its missions abroad to sto...Reuters
Tue, May 27
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Public health and civil rights organizations ask RFK Jr. to reconsider health agency layoffs
May 27 (Reuters) - Several leading public health, medical, civil rights, education and community organizations sent a letter to U.S. Health Secretary Robert F. Kennedy Jr. urging him to reconsider recent government body reorganizations over concerns related to tobacco regulations.The letter, dated M...Reuters
Tue, May 27
Other
US corporate bond market off to strong post-Memorial Day start
By Matt Tracy WASHINGTON, May 27 (Reuters) - U.S. corporate bond issuance kicked off to a strong post-Memorial Day holiday start with offerings from 10 companies, including U.S. defense supplier Northrop Grumman NOC.N, automaker General Motors GM.N and insurer Northwestern Mutual, on Tuesday....Reuters
Tue, May 27
Other
TSMC to open chip design centre in Munich, could later support AI development
By Nathan Vifflin AMSTERDAM, May 27 (Reuters) - Taiwan Semiconductor Manufacturing Co 2330.TW, the world's largest contract chipmaker, said on Tuesday it will open a design centre in Munich, Germany, which could at a later date help develop chips via leading manufacturing processes for applic...Reuters
Tue, May 27
Stocks
North Face owner VF Corp rallies after top execs buy shares
** VF Corp's VFC.N shares up 12.5% to $13.50 on Tues after apparel and footwear retailer's top executives unveiled stock buys** VFC shares among top performers in S&P 1500 index .SPSUP, which is up 2% on the session amid broader market strength .N** CEO Bracken Darrell disclosed buying r...Reuters
Tue, May 27
Commodities
PRECIOUS-Trump's tariff reprieve pushes gold down for second straight session
Fed minutes due on Wednesday Fed's Kashkari calls for steady ratesEU sees 'new impetus' in trade talks from call with TrumpBy Ashitha Shivaprasad May 27 (Reuters) - Gold prices declined for a second consecutive session on Tuesday, as risk sentiment improved following U.S. President Do...Reuters
Tue, May 27
Other
Tennis-Jabeur slams French Open for not scheduling women's matches in night sessions
By Julien PretotPARIS, May 27 (Reuters) - Tunisian player Ons Jabeur slammed French Open organisers and broadcaster Amazon on Tuesday for sidelining women’s matches from the coveted night sessions, with none featured at the claycourt Grand Slam in almost two years.The last women's singles match ...Reuters
Tue, May 27
Other
Citi's Polish unit to sell consumer banking business to Velobank
May 27 (Reuters) - Citigroup C.N said on Tuesday its Polish unit has agreed to sell its consumer banking business in the country to Velobank, as the Wall Street giant nears the end of a years-long effort to exit non-core retail banking markets.The third-largest U.S. lender added that while the trans...Reuters
Tue, May 27
Other
National Hockey League, Canadian hockey clubs defeat US class action
By Mike Scarcella May 27 (Reuters) - The National Hockey League and Canada’s top junior league clubs have defeated a lawsuit in U.S. court that claimed they conspired to restrain employment opportunities and compensation for players aged 16 to 20.U.S. District Judge Tana Lin in Seattle ruled on F...Reuters
Tue, May 27
Cryptocurrencies
Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move
Litecoin (LTC) wrapped up the day with an indecisive close, leaving traders on the edge of their seats. While LTC’s price action offered little clarity, the bigger picture may be unfolding elsewhere. According to market watchers, the real catalyst for Litecoin’s next significant move could come from...NewsBTC
Tue, May 27
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Mexico sees USMCA review starting in late September or early October
MEXICO CITY, May 27 (Reuters) - Mexico expects a planned review of the trilateral trade pact with the U.S. and Canada to formally begin at the beginning of the fourth quarter this year, Economy Minister Marcelo Ebrard said on Tuesday."The formal start is expected at the end of September, the fir...Reuters
Tue, May 27
Stocks
U.S. STOCKS ON THE MOVE- AMC,Natgas companies,Hologic
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street stocks climbed on Tuesday after U.S. President Donald Trump stepped back from his threat to impose 50% tariffs on the European Union, easing trade tensions and boosting sentiment...Reuters
Tue, May 27
Other
BREAKINGVIEWS-Salesforce’s return to M&A fits its sedate remodel
By Robert Cyran NEW YORK, May 27 (Reuters Breakingviews) - Salesforce CRM.N founder Marc Benioff has tested investors’ patience with costly M&A. His return to big-ticket dealmaking looks suitably chastened. The company’s $8 billion purchase of Informatica INFA.N, announced on Tuesday, diverge...Reuters
Tue, May 27
Stocks
Why Navitas Semiconductor Skyrocketed Yet Again Today
Shares of Navitas Semiconductor (NASDAQ: NVTS) skyrocketed as much as 70.7% on Tuesday, before settling down to a 40.9% gain as of 1:22 p.m. ET.The massive gain comes on the heels of last Wednesday's near-200% gain after hours, after the company announced a potentially game-changing deal with Nvidia...The Motley Fool
Tue, May 27
Other
Citi Handlowy To Sell Consumer Banking Business In Poland To Velobank S.A.
May 27 (Reuters) - Citi Handlowy:CITI HANDLOWY ANNOUNCES AGREEMENT TO SELL CONSUMER BANKING BUSINESS IN POLAND TO VELOBANK S.A.CITI HANDLOWY: WHILE FINANCIALLY IMMATERIAL TO CITI, DEAL EXPECTED TO RESULT IN A MODEST REGULATORY CAPITAL BENEFIT AT CLOSINGReuters
Tue, May 27
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