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USDA Cuts Outlook for U.S. Wheat After Dismal Winter Crop

By Kirk MaltaisThe Agriculture Department reduced its view of how much wheat has been planted this year, and also cut projections for the size of current domestic wheat inventories.The USDA released its annual Acreage report and its quarterly Grain Stocks report on Tuesday. The first showed total w…

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Futures
NEWS dow-jones

Analysts See Weekly Decline in U.S. Crude Oil Stockpiles

By Anthony HarrupU.S. crude oil inventories likely fell last week, extending their decline to 10 weeks with export demand still buoyant and refineries running near full capacity, according to a survey by The Wall Street Journal.Commercial crude stocks are seen falling by 3.1 million barrels, to 409…

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Futures
NEWS dow-jones

Canada's Carney Pushes Environmental-Policy Pivot Amid Energy Uncertainty

By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Tuesday his government has to pivot from his predecessor's environmental policy because the country needs to capitalize on its immense oil and gas reserves, due to heightened geopolitical uncertainty and economic sluggishness.Furthermor…

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EconomyFutures
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FTC Says Amazon to Pay $2.25 Million Over Identity-Theft Record Failures — Update

By Doc LouallenAmazon will pay $2.25 million in civil penalties to settle Federal Trade Commission allegations that it knowingly violated the Fair Credit Reporting Act.The FTC said Amazon failed to give identity-theft victims the application and transaction records they're entitled to within 30 day…

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StocksUS
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Philip Morris Gets FDA Go Ahead to Market Zyn as Safer Than Cigarettes

By Kelly CloonanPhilip Morris International received Food and Drug Administration approval that will allow it to market certain Zyn nicotine pouch products as less harmful than cigarettes.The tobacco company said Tuesday the approval allows it to claim that 20 authorized Zyn products put users at a…

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StocksUS
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Micron Technology to Invest $250 Million in Trump Accounts

By Elias SchisgallMicron Technology will invest $250 million in the Trump administration's efforts to launch investment accounts for children, known as Trump Accounts.The chip maker said it would match employee contributions up to $1,000 per child. It will also provide a $250 seed deposit for child…

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StocksUS
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U.K. Could Intervene in Paramount Skydance's $81 Billion Warner Bros Discovery Deal

By Edith HancockThe U.K. could intervene in Paramount Skydance's $81 billion takeover of Warner Bros Discovery, the country's culture and media secretary said on Tuesday.U.K. Culture Secretary Lisa Nandy said in a statement Tuesday that her department wrote to the companies saying she is "minded to…

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StocksGB
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USDA Cuts Outlook for U.S. Wheat After Dismal Winter Crop

(16:06 GMT) *CBOT Grain Futures Higher Following Report Releases, Led by Corn Up 2% (16:07 GMT) *USDA Says 95.3M Acres of Corn Planted in 2026, More Than Forecast by Analysts (16:07 GMT) *U.S. Wheat Acres Less Than Anticipated By Analysts, According to Planting Report (16:50 GMT) USDA Cuts Outlook…

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Futures
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Empery Digital Invests $65M in AI Data Center Property

By Chris WackEmpery Digital said it plans to invest $65 million for a minority stake in a Midwest AI data center property.The company said it has entered into a definitive agreement for 25% ownership in a private entity that is buying a facility to be converted into an AI data center.The company sa…

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StocksUS
NEWS dow-jones

Analysts See Weekly Decline in U.S. Crude Oil Stockpiles

By Anthony HarrupU.S. crude oil inventories likely fell last week, extending their decline to 10 weeks with export demand still buoyant and refineries running near full capacity, according to a survey by The Wall Street Journal.Commercial crude stocks are seen falling by 3.1 million barrels, to 409…

Dow Jones Newswires en
Futures

Diana Shipping Says Financing Commitment for Genco Takeover Bid Is Extended

By Elias SchisgallDiana Shipping said a group of banks had extended their financing commitment to support its effort to acquire rival drybulk shipper Genco Shipping & Trading.Diana said the banks, led by DNB Carnegie and Nordea, have extended their commitment for about $1.41 billion in financing. I…

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StocksGR
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FTC Says Amazon to Pay $2.25 Million Over Identity-Theft Record Failures — Update

By Doc LouallenAmazon will pay $2.25 million in civil penalties to settle Federal Trade Commission allegations that it knowingly violated the Fair Credit Reporting Act.The FTC said Amazon failed to give identity-theft victims the application and transaction records they're entitled to within 30 day…

Dow Jones Newswires en
StocksUS