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KKR clubs infrastructure and real estate assets into single unit, source says
Jan 22 (Reuters) - Global investment firm KKR KKR.N is combining its infrastructure and real estate assets under a single leader, a person familiar with the matter said on Wednesday. The combined unit, whose assets will come to $157 billion, will be headed by Raj Agrawal, who was previously the head...Reuters
Jan 22, 2025
Cryptocurrencies
BlackRock CEO Larry Fink predicts BTC could rise to $700k, says he is a “big believer” in Bitcoin
BlackRock’s Chief Executive Officer Larry Fink confirmed in an interview that he strongly believes in Bitcoin. He also predicted that the asset’s underlying price could skyrocket to $700k shortly.Cryptopolitan
Jan 22, 2025
Other
FACTBOX-What Trump has done since returning to the White House
By Tim Reid Jan 22 (Reuters) - U.S. President Donald Trump has signed a blizzard of executive orders and taken other actions since being sworn in on Monday on scores of issues that could have an impact on the lives of millions of Americans and non-citizens.The orders aim to meet campaign prom...Reuters
Jan 22, 2025
Stocks
LIVE MARKETS-Wall Street's Stargate rally
Main U.S. indexes end higher; Nasdaq jumps 1.3%S&P 500 touches record intraday highDollar slightly up; gold gains; crude dips; bitcoin down >2.5%U.S. 10-Year Treasury yield rises to ~4.61%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your th...Reuters
Jan 22, 2025
Other
EA cuts 2025 live services net bookings forecast
Jan 22 (Reuters) - Video gaming company Electronic Arts EA.O cut its live services net bookings forecast for fiscal year 2025 to a mid-single-digit decline from mid-single-digit growth earlier. Global Football accounts for the majority of the change, the company said on Wednesday. (Reporting by Ars...Reuters
Jan 22, 2025
Other
UPDATE 1-Microsoft's LinkedIn sued for disclosing customer information to train AI models
Adds LinkedIn statement, paragraph 7By Jonathan Stempel Jan 22 (Reuters) - Microsoft's MSFT.O LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelli...Reuters
Jan 22, 2025
Stocks
Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit
Jan 22 (Reuters) - Kinder Morgan KMI.N fell short of Wall Street's expectations on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condesate transported through its pipelines.The Houston, Texas-based firm posted an adjusted profit of 32 cents per share for the thr...Reuters
Jan 22, 2025
Commodities
ICE canola futures firm despite vegoil weakness
All figures in Canadian dollars unless noted WINNIPEG, Manitoba Jan 22 (Reuters) - ICE canola futures withstood the downdraft from other vegoil crops Wednesday to settle higher, benefiting from Brazilian soybeans' troubles and spread trading with Chicago soy.• March canola futures RSH5 rose 60 ce...Reuters
Jan 22, 2025
Other
New wildfire breaks out north of Los Angeles, forces evacuations
Hughes Fire forces evacuations in Castaic Lake areaEaton Fire 91% contained, Palisades Fire 68% containedAccuWeather estimates $250 billion in damage and lossesJan 22 (Reuters) - A rapidly growing wildfire broke out some 50 miles (80 km) north of Los Angeles on Wednesday, burning 3,407 acres (5.3 sq...Reuters
Jan 22, 2025
Commodities
White House says order pausing IRA disbursements only applies to some programs
Jan 22 (Reuters) - The White House said President Donald Trump’s order this week pausing the disbursement of funds appropriated under his predecessor’s signature climate and infrastructure laws mainly applies to programs that discourage fossil fuel development or boost electric vehicles.As part of a...Reuters
Jan 22, 2025
Commodities
UPDATE 1-US extends comment deadline on Biden-era LNG study to protect approvals
Adds details on Trump LNG executive order in paragraph 3 WASHINGTON, Jan 22 (Reuters) - The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export business after advisers had urged President Donald Tr...Reuters
Jan 22, 2025
Other
NextTrip Inc expected to post a loss of 17 cents a share - Earnings Preview
NextTrip Inc NTRP.OQ NTRP.O is expected to report resultson January 24 (estimated) for the period ending February 28 2025The Santa Fe New Mexico-based company is expected to report revenue of $1.625 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimat...Reuters
Jan 22, 2025
Other
urban-gro Inc expected to post a loss of 12 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on January 24 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 5.0% decrease in revenue to $17.895 million from $18.84 million a year ago, ...Reuters
Jan 22, 2025
Stocks
US STOCKS-S&P 500 hits record high with boost from Netflix results, AI investment plan
Updates prices to U.S. closeBy Sinéad Carew and Johann M Cherian Jan 22 (Reuters) - Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting a record high during the session, as investors cheered streaming video provider Netflix's quarterly report and technology shares rallied ...Reuters
Jan 22, 2025
Cryptocurrencies
Dogecoin ETF Filing Takes Market By Storm, Can Positive Sentiment Trigger 200% Rise To $1 ATH?
REX Shares, a financial services company known for its innovative approach to ETFs, recently submitted filings for ETFs tied to a few cryptocurrencies, including Dogecoin. These filings mark a pivotal moment for Dogecoin amidst the current excitement in the crypto market, with the positive sentiment...NewsBTC
Jan 22, 2025
Cryptocurrencies
TRUMP coin could risk national security – US lawmakers
A Democrat who is also the California Representative, Maxine Waters, has come after Republican lawmakers. She warned that President Donald Trump’s memecoin TRUMP could potentially open the door to corruption and risks to national security. At a meeting held on January 22, the US House Financial Services Committee discussed rules and plans for the 119th […]Cryptopolitan
Jan 22, 2025
Commodities
Brazil's beef companies breathing easy over prospect of new Trump tariffs
By Ana Mano SAO PAULO, Jan 22 (Reuters) - Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.Roberto Perosa, head of the ...Reuters
Jan 22, 2025
Other
UPDATE 1-Elephants cannot sue to get out of the zoo, Colorado's top court rules
Court says elephants not human, cannot seek freedomAnimal rights group says decision perpetuates an injusticeZoo called lawsuit frivolous, cites earlier rulingsAdds statement from Colorado zoo, paragraphs 10-11; adds case citation in last paragraphBy Jonathan Stempel Jan 22 (Reuters) - Five elder...Reuters
Jan 22, 2025
