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Analysis-Sazerac won’t easily gatecrash Jack Daniel's-maker's merger talks

Analysis-Sazerac won’t easily gatecrash Jack Daniel's-maker's merger talks

By Abigail Summerville and Nicholas P.

Trading Day: Wall Street jumps on optimism over revived US-Iran talks, focus on earnings

Trading Day: Wall Street jumps on optimism over revived US-Iran talks, focus on earnings

By Stephen Culp NEW YORK, April 14 - Stocks rallied and crude fell on Tuesday as the promise of ongoing talks between the United States and Iran boosted hopes of de-escalation in the Middle East, while corporate earnings took center stage.

Theater group says Paramount, Warner Bros merger 'harmful' to industry

Theater group says Paramount, Warner Bros merger 'harmful' to industry

By Lisa Richwine LAS VEGAS, April 14 (Reuters) - Paramount Skydance's proposed purchase of Warner Bros Discovery will consolidate too much power in one company and cause harm to consumers and the industry, the head of a cinema trade group said on Tuesday at the largest convention of movie theater

Wall Street rises toward the edge of its all-time high as oil prices ease

Wall Street rises toward the edge of its all-time high as oil prices ease

The U.S. stock market is nearing its all-time high, and oil prices are easing as hopes rise that the United States and Iran may try again on talks to end their war

Remote working, prices drive US home coffee consumption to highest in 14 years

Remote working, prices drive US home coffee consumption to highest in 14 years

By Marcelo Teixeira NEW YORK, April 14 (Reuters) - Remote working and the need to save money are leading to an increase in coffee consumption at home in the United States, in a reversal of a pre-pandemic trend of increasing consumption at cafes, according to industry data and analysts.

Wall Street rallies to the edge of its all-time high as oil prices ease

Wall Street rallies to the edge of its all-time high as oil prices ease

The U.S. stock market is nearing its all-time high, and oil prices are easing as hopes rise that the United States and Iran may try again on talks to end their war

PNC Financial profit jumps on FirstBank buy, strong loan growth

PNC Financial profit jumps on FirstBank buy, strong loan growth

April 15 (Reuters) - PNC Financial posted an 18% jump in first-quarter profit on Wednesday, buoyed by the acquisition of regional lender FirstBank and strong loan growth.

7-Eleven expects to close hundreds of its stores in North America this year

7-Eleven expects to close hundreds of its stores in North America this year

7-Eleven expects to close hundreds of its convenience stores this year

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

By Stephen Culp NEW YORK, April 13 (Reuters) - Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter earnings season.

US stock futures climb as traders cling to de-escalation hopes, await earnings

US stock futures climb as traders cling to de-escalation hopes, await earnings

April 14 (Reuters) - U.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March producer price data and a fresh round of corporate earnings. U.S.

Analysis-Higher oil prices, higher yields, no more rate cuts? No problem for US stocks

Analysis-Higher oil prices, higher yields, no more rate cuts? No problem for US stocks

By Lewis Krauskopf NEW YORK, April 14 (Reuters) - The U.S. stock market is back to where it was when the Iran war began over six weeks ago, which investors say is a reflection of bets that the conflict will not be long-lasting. But what if that thinking is wrong?

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

By Utkarsh Shetti and Saeed Azhar April 13 (Reuters) - Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading.