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China EV tariff review puts Ottawa on tightrope, balancing auto, canola, U.S. relations
Yahoo Finance· 2025-09-10 21:04
“That effectively closes the Chinese market to the Canadian canola industry. So, those impacts are felt right across the canola industry value chain, starting at the farm gate,” he told Automotive News Canada.Chris Davison, CEO of the Canola Council of Canada, said the two sets of duties will hit the sector hard.But the move placed Canada in the crosshairs of the Chinese government, which opened an anti-discrimination investigation in response in fall 2024 and placed 100-per-cent tariffs on Canadian canola ...
Ondo Finance Taps Ex-SEC Policy Veteran Peter Curley To Drive Global Tokenization Strategy
Yahoo Finance· 2025-09-10 21:02
Ondo Finance hires ex-SEC official Peter Curley to lead global regulatory strategy. | Credit: Getty Images. Key Takeaways Ondo Finance hires Peter Curley, a former SEC, U.S. Treasury, and Coinbase executive, to lead global regulatory affairs. RWA tokenization has surged to over $28 billion but still lacks uniform regulatory clarity. Governments worldwide are accelerating efforts to release explicit frameworks for tokenized assets. Ondo Finance, one of the leading players in the real-world asset (R ...
UnitedHealth star ratings data should ease concerns, says Barclays
Yahoo Finance· 2025-09-10 21:00
Barclays keeps an Overweight rating on UnitedHealth (UNH) with a $352 price target after the company announced that a preliminary review of 2026 star ratings data shows 78% of its Medicare Advantage membership will be in a 4-star or higher plan, which is consistent with its 76% bonus membership in 2025 star ratings. The stock in premarket trading is up 4% to $320.25. The new ratings impact the 2027 payment year, and should help alleviate investor concerns, the analyst tells investors in a research note. Th ...
More baby boomers are buying homes in America than people under 35 — why that’s a risky reality for everyone
Yahoo Finance· 2025-09-10 21:00
So it’s no surprise that a NAR survey found that 33% of younger millennials received a gift or loan from a friend or relative to help with a down payment. This is consistent with a Pew Research Center finding that only 45% of millennials claim to be financially independent from their parents. [5]Most millennials and Gen Zers make half or less of the $114,000 average salary needed to buy a home today. [4]Unfortunately, young would-be home buyers are held back by stagnant wages, inflation, relatively high int ...
AI infrastructure company Nebius to raise $3 billion to fuel growth
Yahoo Finance· 2025-09-10 20:58
By Lucy Raitano LONDON (Reuters) - Nebius Group said on Wednesday it would raise $3 billion to fuel growth in its core artificial intelligence cloud business, on the heels of its $17.4-billion deal with Microsoft. The financing includes a $2 billion private offering of convertible senior notes and a $1 billion underwritten public offering of the company's class A shares. Goldman Sachs is lead book-running manager on the public offering alongside Morgan Stanley, BofA Securities and Citigroup as additiona ...
Chewy Lifts Sales Outlook As CEO Highlights Customer Gains
Yahoo Finance· 2025-09-10 20:57
Chewy Inc. (NYSE:CHWY) on Wednesday reported a second-quarter 2025 adjusted earnings of 33 cents per share, beating the consensus of 14 cents and the management guidance of 30-35 cents. The retailer of pet supplies reported sales of $3.10 billion, up 8.6% year over year, compared to the consensus of $3.08 billion and the management guidance of $3.06 billion-$3.09 billion. Autoship customer sales reached $2.58 billion, up 14.9%. Chewy Autoship is a recurring delivery program that allows customers to schedu ...
Another crypto lender shuts down, leaves behind a teary note
Yahoo Finance· 2025-09-10 20:57
Kinto, a blockchain project operating on Arbitrum, has announced that it will cease operations at the end of September, following a catastrophic $1.6 million hack in July that rendered the platform insolvent. The decision essentially represents a bankruptcy for the start-up, which had touted itself as a safer version of traditional DeFi because it verified users and insured wallets. The crash is the result of a smart contract loophole on Kinto's chain, which was exploited by attackers to mint 110,000 fak ...
Codie Sanchez: This Is the No. 1 Way To Get Rich
Yahoo Finance· 2025-09-10 20:54
Codie Sanchez is the founder of Contrarian Community, CT Venture Cap and hosts the podcast “Big Deal,” but it’s on her YouTube channel where she shares the top piece of advice for getting rich, which all comes down to one word: Acquisitions. Trending Now: I Asked AI To Make Me as Much Money as Possible: Here’s What Happened, According To Codie Sanchez For You: Clever Ways To Save Money That Actually Work in 2025 In her video, “How To Buy A Business” Sanchez breaks down the best way to obtain wealth and ke ...
US  judge approves Vanguard’s $25m settlement over inflated tax bills
Yahoo Finance· 2025-09-10 20:54
A federal judge has granted preliminary approval to Vanguard Group's $25m settlement of a lawsuit alleging that the mutual fund giant improperly burdened investors with excessive tax bills, reported Reuters. The settlement relates to the company's target-date funds and comes after a previous $40m proposal was rejected. US District Judge John Murphy in Philadelphia deemed the settlement "sufficiently fair, reasonable, and adequate." The initial $40m settlement offer, rejected on 19 May, was turned down b ...
Mediobanca GM says take-up in Monte dei Paschi bid to reach 80%, lead to merger
Yahoo Finance· 2025-09-10 20:53
MILAN (Reuters) - The general manager of Mediobanca said the take-up in Monte dei Paschi di Siena's bid for the merchant bank would reach 80%, making a merger of the two groups inevitable, as he sought to reassure staff on a conference call. Mediobanca's Francesco Saverio Vinci said MPS - smaller than its target - had paid a significant price for Mediobanca, albeit mostly in shares, meaning it valued the asset it had bought and would strive to preserve it. Addressing staff in a conference call held on Tu ...