News
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Cryptocurrencies
Mexican Billionaire Reveals 70% Exposure To Bitcoin And Related Investments
According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 billion. Salinas’ High Bitcoin Exposure BTC continues...Bitcoinist
Tue, Mar 4
Commodities
EXCLUSIVE-US, Ukraine now plan to sign minerals deal, sources say
Trump wants to announce deal in address to Congress, sources tell ReutersBessent denies any minerals deal signing plannedZelenskiy ready to sign, calls meeting 'regrettable'By Erin Banco, Gram Slattery and Andrea Shalal NEW YORK, March 4 (Reuters) - U.S. President Donald Trump's admin...Reuters
Tue, Mar 4
Other
Tennis-Sabalenka swoons over new, faster Indian Wells court surfaces
By Rory CarrollINDIAN WELLS, California, March 4 (Reuters) - World number one Aryna Sabalenka is enamoured with the new surfaces at Indian Wells, the Belarusian believing the faster courts will play into her powerful game, while Carlos Alcaraz said he did not understand the reason for the change. In...Reuters
Tue, Mar 4
Other
Trump cannot oust chair of federal employees' appeal board, US judge rules
Judge says Cathy Harris can remain at Merit Systems Protection BoardTrump administration argued president had authority to remove her without causeBoard recently halted Trump administration firing of six probationary workersBy Mike Scarcella and Nate Raymond WASHINGTON, March 4 (Reuters) - A fede...Reuters
Tue, Mar 4
Stocks
Ross Stores forecasts annual sales, profit below estimates on weaker demand
March 4 (Reuters) - Discount retailer Ross Stores ROST.O forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary pressures.U.S. consumer spending saw its first decline in nearly two years this January, wi...Reuters
Tue, Mar 4
Stocks
Why Super Micro Computer Stock Soared Today
Super Micro Computer (NASDAQ: SMCI) stock ended Tuesday's trading with big gains. The company's share price closed out the session up 8.5%. It had been up as much as 12.6% earlier in the day.After a big sell-off yesterday, Supermicro stock regained some ground as investors bought back into some arti...The Motley Fool
Tue, Mar 4
Other
Gallagher confirms $1.2 billion deal to acquire Woodruff Sawyer
By James ThalerMarch 4 - (The Insurer) - Arthur J Gallagher has announced that it is acquiring employee-owned D&O specialist retail broker Woodruff Sawyer for $1.2 billion, or about 13.64x the San Francisco-based broker’s $88 million in trailing 12-month Ebitdac.The announcement confirms The Ins...Reuters
Tue, Mar 4
Cryptocurrencies
White House announces support for Sen Ted Cruz and Rep Mike Carey in Broker DeFi Rule appeal
According to an X post by Trump’s AI and Crypto Czar, David Sacks, earlier today, the White House supports Senator Ted Cruz and Representative Mike Carey in their bill to roll back the DeFi Broker law passed by the previous Biden administration. In January, Representative Mike Carey (OH-15) introduced a CRA resolution that would roll […]Cryptopolitan
Tue, Mar 4
Commodities
US preliminarily determines Canadian lumber dumped at up to 34.61% margin rates in 2023
March 4 (Reuters) - The U.S. Department of Commerce said on Tuesday that it preliminarily determined that softwood lumber from Canada was being dumped into the United States at margin rates ranging from 9.48% to 34.61% in 2023.The preliminary determination was made as a part of the department's ...Reuters
Tue, Mar 4
Other
GlobalFoundries chief says tariffs could benefit US chipmakers
By Stephen Nellis March 4 (Reuters) - GlobalFoundries GFS.O Chief Executive Officer Thomas Caulfield said on Tuesday that U.S. tariffs on foreign-made chips could help U.S. chip manufacturers by boosting demand for domestically made chips.Caulfield told an investor conference hosted by Morgan Sta...Reuters
Tue, Mar 4
Other
Thales warns governments over reliance on Starlink-type systems
Head of French satellite maker says governments need reliabilityThales CEO says most European nations prefer assets they controlStarlink aims to be resilient due to size of its constellationBy Tim Hepher and Joey Roulette PARIS, March 4 (Reuters) - The head of one of Europe's largest satellit...Reuters
Tue, Mar 4
Other
REFILE-DOGE website offers error-filled window into Musk's government overhaul
DOGE website only official look at cost savings Musk claims to be makingWebsite has been plagued by errors, correctionsBudget experts say it lacks transparencyBy Brad Heath and Tim Reid WASHINGTON, March 4 (Reuters) - A spartanly furnished web page with columns of numbers and bar charts on a dark...Reuters
Tue, Mar 4
Commodities
BREAKINGVIEWS-BlackRock gets bargain berth in Panama trade storm
By Jonathan Guilford NEW YORK, March 4 (Reuters Breakingviews) - The trade war is already sending merger troops to the front line. BlackRock BLK.N shook hands on a deal to buy ports along the Panama Canal and beyond from CK Hutchison 0001.HK for $23 billion. It helps boss Larry Fink shore up his...Reuters
Tue, Mar 4
Cryptocurrencies
US Secretary of Commerce says Trump may roll back tariffs on Canada & Mexico tomorrow
Donald Trump is expected to announce a tariff rollback deal with Canada and Mexico as early as Wednesday, Commerce Secretary Howard Lutnick said Tuesday. Speaking on Fox Business, Lutnick confirmed that both countries had been negotiating nonstop with U.S. officials to scale back the 25% tariffs Trump had just reinstated on their exports. “Both the […]Cryptopolitan
Tue, Mar 4
Other
GDI Integrated Facility Services Inc. Releases its Financial Results for the Fourth Quarter and the Year Ended December 31, 2024
March 4 (Reuters) - GDI Integrated Facility Services Inc GDI.TO:GDI INTEGRATED FACILITY SERVICES Q4 NET INCOME CAD 23 MILLIONGDI INTEGRATED FACILITY SERVICES Q4 REVENUE CAD 634 MILLION VERSUS. IBES ESTIMATE CAD 643.4 MILLIONGDI INTEGRATED FACILITY SERVICES Q4 ADJUSTED EBITDA CAD 38 MILLIONGDI INTEGR...Reuters
Tue, Mar 4
Other
CES Energy Solutions Corp expected to post earnings of 21 cents a share - Earnings Preview
CES Energy Solutions Corp CEU.TO is expected to show a rise in quarterly revenue when it reports results on March 6 for the period ending December 31 2024The Calgary Alberta-based company is expected to report a 8.1% increase in revenue to C$598.38 million from C$553.46 million a year ago, accord...Reuters
Tue, Mar 4
Forex
Mexico's peso ends higher, stocks rebound
By Rodrigo Campos and Marc Jones NEW YORK/LONDON, March 4 (Reuters) - Mexico's peso rose against the dollar in a volatile session on Tuesday, as traders priced the effect of newly imposed U.S. tariffs of 25% on imports from Mexico.The peso strengthened late in the session after U.S. Commerce ...Reuters
Tue, Mar 4
Stocks
GLOBAL MARKETS-Stocks fall on Trump tariffs; euro gains as Germany invests
German Bund futures fall on debt brake agreementNew US tariffs on Canada, Mexico, China come into forceGold rises amid safe-haven demand By Caroline Valetkevitch NEW YORK, March 4 (Reuters) - Major stock indexes fell on Tuesday as the United States hit Canada, Mexico and China with steep tariffs...Reuters
Tue, Mar 4
