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Blackstone says Trump's tariffs can be a positive economic spur
Expects US-India tariff negotiations to be relatively smoothSays growth in US manufacturing should benefit wider economySays modifications could follow initial announcementsBy Dhwani Pandya MUMBAI, March 12 (Reuters) - U.S. President Donald Trump's tariffs can boost manufacturing activity in ...Reuters
Wed, Mar 12
Cryptocurrencies
Senator Lummis’s Bitcoin Act Allows for a Reserve of 1M+ Bitcoin, Fueling Projects Like BTC Bull Token
Senator Lummis’s Bitcoin Act extends the Federal Reserve’s Bitcoin capacity to over 1M bitcoins. We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token. The act touches upon several critical points, such as the establishment of the Bitcoin Reserve, the Bitcoin...Bitcoinist
Wed, Mar 12
Stocks
Corvus rises on initiation of mid-stage study for genetic disorder drug
** California-based drug developer Corvus Pharmaceuticals' CRVS.O shares rise 2.8% to $4.49 ** Co says it has started mid-stage study of experimental oral drug, soquelitinib, for treatment of autoimmune lymphoproliferative syndrome (ALPS)** ALPS is a rare genetic disorder in which lymphocytes, a...Reuters
Wed, Mar 12
Other
Ocean Power Technologies to deploy its Powerbuoy for an undisclosed global defense contractor
March 12 (Reuters) - Ocean Power Technologies Inc OPTT.A:OCEAN POWER TECHNOLOGIES ANNOUNCES BINDING LETTER OF INTENT TO DEPLOY AI-CAPABLE POWERBUOY FOR A MAJOR INTERNATIONAL DEFENSE CONTRACTORReuters
Wed, Mar 12
Other
'We'll see' on support for German borrowing bonanza, Greens party leader says
Election winner Merz wants debt reforms, infrastructure fundHas less than a week to persuade Greens to support dealPlans could also get derailed by legal challengesFar-left party expects court verdict Wednesday or Thursday By Holger Hansen and Matthias Williams BERLIN, March 12 (Reuters) - Pla...Reuters
Wed, Mar 12
Other
Europe's reinsurers hunt for growth outside P&C: Citi
By Aidan GregoryMarch 12 - (The Insurer) - Europe’s big four reinsurers will address growing pressure to recalibrate excess capital this year by deploying it into new growth areas outside P&C or returning it to shareholders via dividends and buybacks, according to Citi.In an interview with The I...Reuters
Wed, Mar 12
Other
Greenlight Re expects LA wildfires losses of up to $30 million
By Michael LoneyMarch 12 - (The Insurer) - Greenlight Capital Re expects losses of between $15 million and $30 million from the Los Angeles wildfires, while its CEO said that aviation losses related to the Russia-Ukraine conflict have not exhausted its retrocession cover.On an investor call on Tuesd...Reuters
Wed, Mar 12
Other
Portage Biotech resumes enrollment in final group of its early-stage study for its cancer treatments
March 12 (Reuters) - Portage Biotech Inc PRTG.O:PORTAGE BIOTECH RESUMES ENROLLMENT IN FINAL COHORT OF DOSE ESCALATION FOR PORT-6 IN ADPORT-601 TRIALPORTAGE BIOTECH : ENCOURAGING SAFETY PROFILE SUPPORTS PROGRESSION TOWARD FIRST DUAL-ADMINISTRATION OF SELECTIVE A2A AND A2B ANTAGONISTS IN PATIENTSReuters
Wed, Mar 12
Stocks
Down Nearly 80% From Its High, Is Iovance Biotherapeutics Stock Too Cheap to Pass Up?
When a stock is in a freefall, there's usually a justifiable reason for the decline. But for investors with a high risk tolerance, it could make for a potentially attractive contrarian play. A stock that has fallen to a fraction of its price could possess significant upside if it's able to prove its...The Motley Fool
Wed, Mar 12
Other
German spy agency concluded COVID virus likely leaked from lab, papers say
FRANKFURT, March 12 (Reuters) - Germany's foreign intelligence service in 2020 put at 80%-90% the likelihood that the coronavirus behind the COVID-19 pandemic was accidentally released from China's Wuhan Institute of Virology, two German newspapers reported on Wednesday.According to a joint ...Reuters
Wed, Mar 12
Cryptocurrencies
Why Is Crypto Down Today, Best Crypto to Buy as Canada Tariffs Eased
Donald Trump has decided not to double tariffs on Canadian aluminum and steel, offering a sigh of relief to the US stock market. The decision to retract tariffs on Canadian metals came after Canada’s announcement that it wouldn’t go ahead with its plan of retaliating against the US. Cana...NewsBTC
Wed, Mar 12
Stocks
Should You Buy CrowdStrike Stock?
The company is still paying the price for the widespread outages in 2024.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of March 9, 2025. The video was published on M...The Motley Fool
Wed, Mar 12
Commodities
Smithfield Foods sees China as best US offal market despite tariffs, CEO says
CHICAGO, March 12 (Reuters) - Smithfield Foods SFD.O, the biggest U.S. pork processor, believes China will remain the best market for U.S. offal products even with increased trade tariffs, CEO Shane Smith said at an investor event on Wednesday. China retaliated last week against U.S. tariffs with hi...Reuters
Wed, Mar 12
Other
Applied DNA Sciences Says 1-For-50 Reverse Stock Split Of Issued And Outstanding Common Stock Effective March 14
March 12 (Reuters) - Applied DNA Sciences Inc APDN.O:APPLIED DNA SCIENCES INC - 1-FOR-50 REVERSE STOCK SPLIT OF ISSUED AND OUTSTANDING COMMON STOCK EFFECTIVE MARCH 14Source text: [ID:]Reuters
Wed, Mar 12
Stocks
The Real Winner in the Redfin Acquisition Will Shock You
Redfin (NASDAQ: RDFN) is being acquired by Rocket Companies (NYSE: RKT) in a shocking buyout, but the deal itself may not work out for either company. In this video, Travis Hoium explains why it's Zillow (NASDAQ: Z) that's the big winner here.*Stock prices used were end-of-day prices of March 10, 20...The Motley Fool
Wed, Mar 12
Stocks
LIVE MARKETS-Boing! Cool CPI report puts a spring in Wall Street's step
Indexes mixed: Nasdaq up >1%, S&P 500 gains, Dow lowerTech up most among major S&P sectors; staples are the laggardsEuro STOXX 600 index up ~0.8%Dollar up; crude rises >1%; gold ~flat; bitcoin dipsUS 10-Year Treasury yield rises to ~4.30%Welcome to the home for real-time coverage of ma...Reuters
Wed, Mar 12
Commodities
US Commerce chief says nothing will stop metals tariffs, will add copper protections
WASHINGTON, March 12 (Reuters) - U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened, and that Trump will add copper to his trade protections.Lutnick also told Fox Busine...Reuters
Wed, Mar 12
Other
J&J Medtech gets regulatory clearance for its latest robotic-assisted bronchoscopy technology
March 12 (Reuters) - Johnson & Johnson JNJ.N:JOHNSON & JOHNSON MEDTECH ANNOUNCES CLEARANCE OF MONARCHTM QUEST FOR ENHANCED ROBOTIC-ASSISTED BRONCHOSCOPYSource text: https://shorturl.at/Z2FcFReuters
Wed, Mar 12
