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US health secretary Kennedy says he will spend any money Congress appropriates for NIH
WASHINGTON, May 14 (Reuters) - U.S. health secretary Robert F. Kennedy Jr. said at a House Appropriations Committee hearing on Wednesday he would spend any funds appropriated by Congress for biomedical research at the National Institutes for Health.Kennedy was responding to a question from Represent...Reuters
Wed, May 14
Other
China pauses some non-tariff measures on US entities
BEIJING, May 14 (Reuters) - China on Wednesday paused some non-tariff measures taken against 17 U.S. entities put on its unreliable entity list in April and 28 U.S. entities on its export control list, the commerce ministry said.Reuters
Wed, May 14
Commodities
INSIGHT-Rogue communication devices found in Chinese solar power inverters
Rogue communication devices found in Chinese solar invertersUndocumented cellular radios also found in Chinese batteries U.S. says continually assesses risk with emerging technologyU.S. working to integrate 'trusted equipment' into the gridBy Sarah McFarlane LONDON, May 14 (Reuters) - U.S...Reuters
Wed, May 14
Other
Trump envoy Witkoff says he will go to Turkey on Friday for Russia-Ukraine talks
DOHA, May 14 (Reuters) - U.S. President Donald Trump's envoy Steve Witkoff said he and Secretary of State Marco Rubio would travel to Istanbul on Friday for Russia-Ukraine talks. Witkoff told reporters in Doha that it was unclear if Russian President Vladimir Putin will attend the planned talks...Reuters
Wed, May 14
Commodities
EU ready to take slow road in US trade talks in pursuit of bigger deal
US says European Union moving 'much slower' than some othersEU officials say won't accept unfair deal to secure quick winEU wants a comprehensive trade agreement By Philip Blenkinsop and Jan Strupczewski BRUSSELS, May 14 (Reuters) - When U.S. Treasury Secretary Scott Bessent this week...Reuters
Wed, May 14
Stocks
LIVE MARKETS-Would-be homebuyers whistle past mortgage rate uptick
Nasdaq up ~0.4%, Dow edges green, S&P 500 just above flatTech leads S&P 500 sector gainers; Utilities weakest groupEuro STOXX 600 index off ~0.2%Dollar, crude decline; bitcoin off >1%; gold slides ~2%US 10-Year Treasury yield edges down to ~4.49%Welcome to the home for real-time coverage ...Reuters
Wed, May 14
Stocks
American Eagle Outfitters sinks after pulling annual outlook
** Apparel company American Eagle Outfitters AEO.N down as much as 8.8% at $11.60 in early trading** Co withdrew its annual forecasts on Tuesday and took a $75 million inventory charge on its spring and summer collection due to economic uncertainty fueled by tariffs** Jefferies cuts PT on the stock ...Reuters
Wed, May 14
Other
Galectin Therapeutics Inc expected to post a loss of 20 cents a share - Earnings Preview
Galectin Therapeutics Inc GALT.OQ GALT.O is expected to report results on May 16 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Galectin Therapeutics Inc is for a loss of 20 cents per share. The one available analyst rating on the shares is "hold". The ...Reuters
Wed, May 14
Commodities
TABLE-US generated fewer renewable blending credits in April, EPA says
NEW YORK, May 14 (Reuters) - The United States generated fewer renewable blending credits in April versus the prior month, data from the Environmental Protection Agency showed on Wednesday.About 1.16 billion ethanol (D6) blending credits were generated in April, compared with about 1.21 billion in M...Reuters
Wed, May 14
Cryptocurrencies
Digi Power X Inc expected to post a loss of 42 cents a share - Earnings Preview
Digi Power X Inc DGX.V is expected to report resultson May 16 (estimated) for the period ending March 31 2025The Toronto Ontario-based company is expected to report revenue of $12.1 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimate for Digi P...Reuters
Wed, May 14
Other
PIF, Northern Trust Asset Management Sign MoU To Launch Upto $1 Bln Saudi Mandate
May 14 (Reuters) - PUBLIC INVESTMENT FUND (PIF):NORTHERN TRUST ASSET MANAGEMENT AND PIF SIGN MOUMOU TO LAUNCH AN UP TO $1 BILLION SAUDI MANDATEPIF PACT NORTHERN TRUST ASSET MANAGEMENT (NTAM) TO SUPPORT GROWTH OF SAUDI ARABIA’S ASSET MANAGEMENT MARKETReuters
Wed, May 14
Other
Qatar signs $200 bln deal to buy jets from Boeing during Trump visit
DOHA, May 14 (Reuters) - Qatar signed an agreement on Wednesday to purchase jets from U.S. manufacturer Boeing for Qatar Airways during President Donald Trump's visit to the Gulf Arab country. Trump said the deal was worth $200 billion and included 160 jets. Trump and Qatar's Emir Sheikh Tam...Reuters
Wed, May 14
Other
DIARY-Political and General News Events from May 14
May 14 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, May 14
Stocks
Will AI Search Engines Cripple Google's Dominance?
Artificial intelligence (AI) is rapidly changing the way many companies, across all industries, are doing their day-to-day work. Some of the biggest changes are undoubtedly in technology, where many top companies are investing heavily into AI chatbots and related functions. As that happens, one comp...The Motley Fool
Wed, May 14
Other
Totalis launches entertainment industry-focused MGA Spotlight
By Chris MunroMay 14 - (The Insurer) - Totalis Program Underwriters has added to its roster of MGAs with the launch of Spotlight Entertainment Insurance, which provides insurance solutions to ancillary businesses that support production companies within the entertainment industry.Spotlight has been ...Reuters
Wed, May 14
Other
Golf-McIlroy living the dream at Quail Hollow with career Grand Slam complete
By Frank PingueCHARLOTTE, North Carolina, May 14 (Reuters) - Rory McIlroy, whose Masters triumph last month completed a years-long pursuit of the career Grand Slam, said on Wednesday he has accomplished everything in golf he ever dreamed of and will not be burdened by any number-specific goals goin...Reuters
Wed, May 14
Stocks
Group 1 Automotive falls after Guggenheim downgrades to 'neutral'
** Automotive retailer co Group 1 Automotive GPI.N falls marginally 0.4% to $447 in early-trade** Guggenheim downgrades co to "neutral" from "buy"; price target unchanged at $426** Says rating change due to mix of premium valuation, potential tariff risk on the business and expected ...Reuters
Wed, May 14
Commodities
US generated fewer renewable blending credits in April, EPA says
NEW YORK, May 14 (Reuters) - The United States generated fewer renewable blending credits in April versus the prior month, data from the Environmental Protection Agency showed on Wednesday.About 1.16 billion ethanol (D6) blending credits were generated in April, compared with about 1.21 billion in M...Reuters
Wed, May 14
Stocks
European Wax Center rises on upbeat quarterly results, eyes best day
** Shares of out-of-home waxing services provider European Wax Center EWCZ.O rise as much as 26% to $4.99 in early trading** Stock set for its best day on record, if gains hold** Co beat estimates for Q1 revenue and adjusted core profit, according to data compiled by LSEG** System-wide sales rose 2....Reuters
Wed, May 14
Other
Solid Biosciences Inc expected to post a loss of 56 cents a share - Earnings Preview
Solid Biosciences Inc SLDB.OQ SLDB.O is expected to show no change in quarterly revenue when it reports results on May 16 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Solid Biosciences Inc is for a loss of 56 cents per share. The current average analyst ratin...Reuters
Wed, May 14
