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Drugmakers face 100% tariff unless they cut prices or produce drugs in US
By Ahmed Aboulenein WASHINGTON, April 2 (Reuters) - President Donald Trump signed an executive order on Thursday imposing 100% tariffs on branded pharmaceuticals imported into the U.S. unless manufacturers agree to government drug pricing deals or commit to making their products domestically.The ...Reuters
Thu, Apr 2
Other
Amazon must negotiate with Staten Island warehouse workers, NLRB says
By Greg Bensinger SAN FRANCISCO, April 2 (Reuters) - Amazon AMZN.O must negotiate with a labor union representing some 5,000 workers at a company warehouse on Staten Island, the National Labor Relations Board ruled on Wednesday.The ruling means Amazon is required to meet with representatives of t...Reuters
Thu, Apr 2
Other
Canada's Trilogy Metals Q1 net loss widens on non-cash charges
OverviewCanada metals explorer reported fiscal Q1 net loss widened to $7.1 mlnNet loss increase driven by non-cash derivative liability and higher stock-based compensationCompany ended Q1 with $47.8 mln cash, highlighting strong liquidity positionOutlookTrilogy Metals has a fully funded 2026 fiscal ...Reuters
Thu, Apr 2
Forex
AUD/USD slips toward 0.6900 as Trump remarks lift US Dollar today
The Australian Dollar retreats by 0.36% on Thursday following harsh remarks by US President Donald Trump, who, rather than seeking to de-escalate the conflict, warned that it would last 2 to 3 weeks and would hit Iran harder.
Fxstreet
Thu, Apr 2
Other
US ICE detains Islamic Society of Milwaukee President Salah Sarsour, mosque says
Trump has cracked down on pro-Palestinian voicesMosque's president was detained by ICE on MondayMosque says he was legal permanent resident in USBy Kanishka Singh WASHINGTON, April 2 (Reuters) - Islamic Society of Milwaukee President Salah Sarsour, who is a Palestinian American, has been deta...Reuters
Thu, Apr 2
Cryptocurrencies
YZi Labs and Susquehanna Crypto have made a follow-on investment in Predict.fun
YZi Labs, along with a digital asset trading firm called Susquehanna Crypto, has announced further investments into Predict.fun, the prediction platform native to the BNB Chain. The investments are for the purposes of expanding Predict.fun’s platform. The company recently acquired Probable, another prediction platform, as reported by Cryptopolitan in March. YZi Labs doubling down on […]Cryptopolitan
Thu, Apr 2
Stocks
US stocks weekly: Bounce-back
S&P 500 .SPX snaps 5-week losing streak, rallies 3.4% in rocky trading as investors assess Iran war timeline .NDow .DJI lifts 3%, Nasdaq Composite .IXIC ascends 4.4%Dow had fallen into correction territory, but Fibonacci support sparks a reversal And a Nasdaq breadth measure posts a rare up day ...Reuters
Thu, Apr 2
Commodities
Trump cuts US duty rates on steel, aluminum and copper derivative products
By David Lawder WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump adjusted his national security tariffs on steel, aluminum and copper imports on Thursday to cut duty rates on derivative products made with the metals, simplify compliance and avoid under-reporting of import values.In a p...Reuters
Thu, Apr 2
Commodities
LIVESTOCK-Chicago cattle futures hit new highs as cash market strengthens
By P.J. HuffstutterCHICAGO, April 2 (Reuters) - Chicago Mercantile Exchange cattle futures continued to rise on Thursday, with feeder cattle finishing higher for the sixth straight session, on strength in the cash market and expectations of strong grilling season demand, market analysts said.Meanwhi...Reuters
Thu, Apr 2
Other
US judge dismisses most of Blake Lively's claims against Justin Baldoni
NEW YORK, April 2 (Reuters) - A federal judge on Thursday dismissed most of Blake Lively's claims in her lawsuit accusing Justin Baldoni of sexual harassment in connection with the filming of their 2024 romantic drama "It Ends With Us."The decision was issued by U.S. District Judge Lewis...Reuters
Thu, Apr 2
Other
Dem senators query gov't watchdogs over well-timed Wall Street bets
WASHINGTON, April 2 (Reuters) - Two Democratic U.S. senators on Thursday called on Wall Street's top regulator and a Defense Department watchdog to prevent and investigate possible insider trading by government officials following a spate of market activity seemingly timed to President Donald Tr...Reuters
Thu, Apr 2
Cryptocurrencies
XRP’s Market Is Going Quiet. Find Out If That Is A Warning Or An Opportunity
XRP is struggling to hold current support levels. The market is uncertain. And beneath the price, the structure that would normally cushion a sell-off has quietly thinned to one of its weakest readings in recent memory. Related Reading: Chainlink Is Being Quietly Targeted By Large Players. Find Out ...Bitcoinist
Thu, Apr 2
Other
THE DAY AHEAD-North America, April 6
(The Day Ahead - North America edition will not be published on Friday, April 3, on account of the Good Friday holiday)To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter thro...Reuters
Thu, Apr 2
Other
SpaceX targets more than $2 trillion valuation in IPO, Bloomberg News reports
SpaceX has raised its target IPO valuation to over $2 trillion, Bloomberg News reportsIt could raise as much as $75 billion in the offering April 2 (Reuters) - Elon Musk's SpaceX boosted its target IPO valuation above $2 trillion, Bloomberg News reported on Thursday, citing people familiar w...Reuters
Thu, Apr 2
Commodities
Starbucks expands weekly pay, adds more tips and bonuses for US baristas
April 2 (Reuters) - Starbucks SBUX.O will move to weekly pay for all U.S. store workers and roll out a program that adds bonuses and expands tips, it said on Thursday, as concerns persist over its stalled talks with the union representing some U.S. baristas. The company said baristas can receive ...Reuters
Thu, Apr 2
Other
US Interior Department says to reduce staff through deferred resignation, early retirement
April 2 (Reuters) - The U.S. Department of the Interior said it will offer employees new opportunities to leave the agency as part of a plan to improve efficiency, it said in a statement on Thursday.Interior will offer a new deferred resignation program and voluntary early retirement, it said.Reuters
Thu, Apr 2
Stocks
LIVE MARKETS-Wall St takes a breather heading into long weekend
S&P 500, Nasdaq close slightly green; Dow ends slightly lowerReal Estate leads S&P sector gainers; Cons Disc weakest groupDollar up ~0.5%; US crude surges >11%; bitcoin, gold both down ~2%US 10-Year Treasury yield edges down to ~4.30%Welcome to the home for real-time coverage of markets b...Reuters
Thu, Apr 2
Cryptocurrencies
Coinbase gets conditional US approval for trust charter
April 2 (Reuters) - Coinbase Global COIN.O has received conditional approval from banking regulators for a national trust company charter, it said on Thursday, a move that could boost the top U.S. cryptocurrency exchange's appeal among large institutional investors. The U.S. has been ta...Reuters
Thu, Apr 2
