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IMF completes reviews for Honduras, unlocks $242 million

The International Monetary Fund said on Monday it had completed reviews under its extended fund facility and extended credit facility arrangements for Honduras, enabling disbursement of about $242 million.

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Economy
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San Francisco Catholic church reaches $395 million sex abuse settlement

By Dietrich KnauthThe Roman Catholic Archdiocese of San Francisco on Monday announced a $395 million settlement with about 530 people who said they were abused as children by priests, a deal that would resolve the archdiocese's bankruptcy case.It is the largest settlement reached in bankruptcy by a…

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TSX ends lower as metal mining shares fall

By Fergal SmithCanada's main stock index fell on Monday as lower gold prices weighed on metal mining shares, but the market remained on course for another quarterly gain.The Toronto Stock Exchange's S&P/TSX Composite index TSX:TSX ended down 156.18 points, or 0.5%, at 34,823.82. For the second quar…

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index
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Trump signs memo making it easier for Americans to fix own vehicles

U.S. President Donald Trump signed a memorandum on Monday supporting Americans' ability to repair their own vehicles.While Americans are generally free to repair their own vehicles, federal law prohibits tampering with emissions-control systems, and automakers have long restricted independent mecha…

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Soybeans take a dive as traders adjust ahead of USDA report

Chicago Board of Trade soybean futures slumped on Monday as traders adjusted positions ahead of the U.S. Department of Agriculture's acreage and stocks reports, market analysts said.

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Futures

JetBlue flight hit drone while approaching JFK airport, FAA says

By Jasper Ward and Allison LampertThe Federal Aviation Administration said it has launched an investigation after a JetBlue NASDAQ:JBLU flight reported hitting a drone while approaching New York's John F. Kennedy International Airport on Monday.The pilot of the Airbus A321 EURONEXT:AIR, which had d…

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StocksFRUS
reuters

Concentrix Q2 EPS misses estimates; lowers FY guidance

OverviewOutlookResult DriversCompany press release:Key Details*Applies to a deviation of less than 1%; not applicable for per-share numbers.Analyst CoverageFor questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact reuters.supp…

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StocksUS
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Oil rig explosion in Venezuela leaves at least 17 workers injured, sources say

By Mariela Nava and Marianna ParragaAn explosion at a rig operated by state-run oil company PDVSA in Venezuela's Los Llanos central region left at least 17 workers injured late on Sunday, including two with severe burns, three sources said on Monday.The accident occurred at PDVSA's Colven 02 rig in…

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