09:17 AM EDT, 09/04/2025 (MT Newswires) -- Interfor ( IFSPF ) , trading at the low end of its 52-week range, Thursday announced its plans to cut its lumber production by about 145-million board feet between September and December, representing about 12% of its normal operating stance, in response to persistently weak market conditions and ongoing economic uncertainty. The company...

ROME (Reuters) -Italian fashion designer Giorgio Armani has died, the company said on Thursday. With infinite sorrow, the Armani Group announces the passing of its creator, founder, and tireless driving force: Giorgio Armani, the fashion house said in a statement. Armani, who was 91, was synonymous with modern Italian style and elegance. He combined the flair of the designer with...

09:17 AM EDT, 09/04/2025 (MT Newswires) -- BlackRock ( BLK ) will manage about $80 billion in assets for thousands of Citigroup's ( C ) Citi Wealth clients under a new portfolio offering called Citi Portfolio Solutions powered by BlackRock ( BLK ), Citi Wealth said Thursday. Under their agreement, BlackRock ( BLK ) will run a range of investment...

09:20 AM EDT, 09/04/2025 (MT Newswires) -- Unusual Machines ( UMAC ) said Thursday it completed its acquisition of Rotor Lab for about $7 million. The all-stock deal for the maker of motors and propulsion systems for drones that was announced in June includes a $3 million earn out, the company said. Rotor Lab's Canberra site will continue as an...