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News
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
19+ hour, 16+ min ago (92+ words) whtc.com Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz BEIJING, Sept 14 (Reuters) – Oil prices rose more than $3 at market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf…...
Texas judge rules TikTok misled users on child safety feature
3+ day, 15+ hour ago (242+ words) Sept 10 (Reuters) – A Texas judge ruled on Thursday that TikTok violated the state’s consumer protection law by misleading users about how it filtered content for minors and whether its “Restricted Mode” feature shielded children from inappropriate material. • Texas sued TikTok…...
Trump administration to sanction unnamed ‘large’ bank on Monday, Bessent says
3+ day, 18+ hour ago (266+ words) WASHINGTON, Sept 10 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Thursday the Trump administration will sanction a large bank next week as it continues to apply economic pressure on Tehran to end a more than six-month U.S. conflict with…...
Macy’s lifts annual forecast as luxury banners thrive under CEO turnaround
4+ day, 5+ hour ago (376+ words) Sept 10 (Reuters) – Macy’s raised its annual sales and profit forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale’s and Bluemercury chains despite economic pressures in the United States. The department-store operator has been pursuing its…...
Texas Stock Exchange captures first primary equity market listings from NYSE
3+ day, 19+ hour ago (544+ words) PROVIDENCE, Rhode Island, Sept 10 (Reuters) – The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In…...
DVF returns to runway spotlight with Henry Zankov at the helm
3+ day, 22+ hour ago (229+ words) By Danielle Broadway and Jenna Zucker New York, Sept 10 (Reuters) – Guests in wrap dresses and bright colors gathered on New York’s High Line on Thursday as Belgian fashion designer Diane von Furstenberg returned to the runway for the first time…...
AI chip startup Positron’s valuation skyrockets in latest funding round
4+ day, 1+ hour ago (269+ words) Sept 10 (Reuters) – Positron AI, a startup developing chips to run AI models, said on Thursday it has raised $875 million in its latest funding round, more than quadrupling its valuation in seven months to $5 billion. The startup had raised $230 million in…...
Chemours, DuPont, Corteva settle North Carolina ‘forever chemicals’ claims for $455 million | 1450 AM 99.7 FM WHTC | Holland
4+ day, 6+ hour ago (214+ words) Sept 10 (Reuters) – Chemours, DuPont and Corteva on Thursday reached a $455 million settlement with North Carolina and 11 local entities over PFAS contamination claims tied to Chemours’ Fayetteville Works plant and other historical discharges. Lawsuits accusing major chemical companies of polluting U....
EU watchdog flags risk of abrupt market correction
4+ day, 4+ hour ago (291+ words) By Elizabeth Howcroft and Phoebe Seers PARIS, Sept 10 (Reuters) – A disconnect between deteriorating macroeconomic conditions and upbeat valuations risks triggering a market drop, the European Union’s financial watchdog said on Thursday, citing conflict in the Middle East and rising energy…...
S&P 500, Nasdaq futures extend losses slightly after August PPI data
4+ day, 4+ hour ago (133+ words) 1450 AM 99.7 FM WHTC S&P 500, Nasdaq futures extend losses slightly after August PPI data Sept 10 (Reuters) – The S&P 500 and Nasdaq futures extended losses slightly on Thursday after producer prices data for August. A Labor Department report showed the Producer…...