SYDNEY (Reuters) – Asian shares reversed early losses on Thursday and hovered near two-week highs while the dollar held at a one-week top as investors awaited key U.S. data to gauge whether inflationary pressures were transient or signalled a more durable turn.FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. […]

EXCLUSIVE: On Thursday, Film Independent and The Loyola Marymount University School of Film and Television announced the launch of a new screenwriter mentorship program, on which they’ve teamed up. The Loyola Marymount University/Film Independent Story Development Residency is bringing together a select group of LMU alumni to develop either a feature-length, narrative screenplay or an episodic series over the course […]

NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.The New York Stock Exchange is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo AllegriStocks such as […]

The White House is pushing back against GOP efforts to redirect stimulus money to fund infrastructure. Press secretary Jen Psaki said in a statement that it “could imperil pending aid to small businesses, restaurants and rural hospitals.” Both parties remain far apart on the size and scope of a jobs plan. See more stories on Insider’s business page. The White […]

Royal Caribbean’s Celebrity Cruises will begin welcoming passengers on June 26 from Florida. This announcement comes after over a year of no cruising from US waters amid the COVID-19 pandemic. However, Celebrity’s proof of vaccination policy violates Florida’s ban on vaccine passports, the state says. See more stories on Insider’s business page. Brighter days are ahead for a cruise industry […]

SINGAPORE (BLOOMBERG) – Esco Lifesciences Group, a Singapore firm that pivoted from washing lab gowns to making high-tech equipment, has raised US$200 million (S$265 million) from some of the world’s biggest healthcare investors, paving the way for a possible listing in Hong Kong this year. The funding round led by Danish investment giant Novo Holdings and US investor Vivo Capital […]

An attorney representing the family of Ronald Greene, a Black man who died in Louisiana police custody, called the release of body camera footage two years after Greene’s death a “game changer.” “The public now sees why we’ve been saying something is wrong,” Ron Haley told USA TODAY. “They see the inhumanity, the brutality and the reckless indifference of Ronnie’s life.” Family members, […]

Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest in their operations — as a result of federal coronavirus aid flowing to the states. Governors and lawmakers in more than half the states are planning to use at least part of their federal pandemic relief […]