Today: November 20, 2024
Today: November 20, 2024

Latest From Reuters

Business|Finance|Stock Markets|US

Southwest Airlines pilots secure hefty pay raises in new contract

Pilots at Southwest Airlines will get about a 50% pay raise over a five-year period in their new contract, according to the details shared by their union on

Southwest Airlines pilots secure hefty pay raises in new contract
Business|Finance|Technology

LATAM adds 5 more Boeing 787 Dreamliners to order book

LATAM Airlines has placed an order for five Boeing 787s, it said on Wednesday, adding more of the widebody aircraft meant for long-haul or larger capacity flights to its book.

LATAM adds 5 more Boeing 787 Dreamliners to order book
Business|Economy|Finance|US

US business equipment borrowings flat year-on-year in November - ELFA

U.S. companies borrowing rate remained flat in November compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.

US business equipment borrowings flat year-on-year in November - ELFA
Business|Finance|Technology

Tingo Group CEO temporarily steps down after US SEC charges

Tingo Group said on Wednesday that Nigerian businessman Dozy Mmobuosi has temporarily stepped down as interim co-CEO of the fintech firm after the U.S.

Tingo Group CEO temporarily steps down after US SEC charges
Business|Entertainment|News|US

Warner Bros Discovery, Paramount Global in talks to merge - Axios

Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios reported, citing multiple sources.

Warner Bros Discovery, Paramount Global in talks to merge - Axios
Business|Technology

Fire at Detroit-area EV plant likely caused by forklift hitting batteries - GM

General Motors said on Wednesday a fire at its Factory Zero Detroit-Hamtramck was likely caused by a forklift accidentally puncturing a container with battery materials, according to the

Fire at Detroit-area EV plant likely caused by forklift hitting batteries - GM
Business|Finance|Technology

Micron forecasts strong second-quarter revenue

Memory chipmaker Micron Technology forecast quarterly revenue above market estimates on Wednesday as memory demand and pricing begins to recover after one of the most significant downturns

Micron forecasts strong second-quarter revenue
Business|Economy|Finance|Stock Markets

Morgan Stanley mulls private credit fund bet with balance sheet - Bloomberg News

Lender Morgan Stanley is discussing allocating a portion of its balance sheet into a new private credit fund that would include capital from external investors, Bloomberg News reported on

Morgan Stanley mulls private credit fund bet with balance sheet - Bloomberg News
Business|Economy|Finance|Stock Markets|US

Citigroup to shut global distressed-debt business - CNBC

U.S. lender Citigroup is closing its global distressed-debt business as part of CEO Jane Fraser's overhaul, CNBC reported on Wednesday citing people with direct knowledge of the matter.

Citigroup to shut global distressed-debt business - CNBC
Crime|News|US

Boston mayor apologizes to Black men wrongly linked to notorious 1989 murder

Boston Mayor Michelle Wu on Wednesday issued a formal apology on behalf of the city to two Black men wrongly accused of the 1989 murder of a pregnant white woman, a high-profile case that

Boston mayor apologizes to Black men wrongly linked to notorious 1989 murder
Business|Economy|Finance|News|US

Wells Fargo becomes first major US bank to have a unionized workforce - Bloomberg News

Wells Fargo on Wednesday became the first major bank in the United States to have a unionized workforce, Bloomberg News reported.

Wells Fargo becomes first major US bank to have a unionized workforce - Bloomberg News
Asia|Business|News|Technology|US

Boeing wins key clearance from China's aviation regulator on 737 Max deliveries - report

Boeing has won a key clearance from China's aviation regulator, the Civil Aviation Administration of China, on the deliveries of the 737 Max aircraft to China, trade publication

Boeing wins key clearance from China's aviation regulator on 737 Max deliveries - report
Business|Finance|Technology

Anthropic to raise $750 million in Menlo Ventures-led funding round- The Information

Artificial intelligence (AI) startup Anthropic is in talks to raise $750 million in a funding round led by Menlo Ventures, that could value the company at $15 billion, not including the

Anthropic to raise $750 million in Menlo Ventures-led funding round- The Information
News|US

Texas-Mexico border crossing closed to stop large movement of migrants - White House

The U.S.

Texas-Mexico border crossing closed to stop large movement of migrants - White House
Asia|News|World

China warns Philippines to resolve South China Sea tensions via dialogue

Chinese Foreign Minister Wang Yi warned the Philippines to address through dialogue what China sees as "serious difficulties" in their relations over the South China Sea,

China warns Philippines to resolve South China Sea tensions via dialogue
Business|Economy|Finance|News|Stock Markets|Technology|US

Biden administration explores raising tariffs on Chinese EVs -WSJ

The Biden administration is discussing raising tariffs on some Chinese goods, including electric vehicles, the Wall Street Journal said late on Wednesday, citing people familiar with the

Biden administration explores raising tariffs on Chinese EVs -WSJ
Business|Economy|News|Travel|US

US airlines ready for busier holiday travel after 2022 meltdown

U.S. airlines say they are prepared for busier end of year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion

US airlines ready for busier holiday travel after 2022 meltdown
News|World

Jailed American in Russia says he feels abandoned by United States - BBC

Former U.S.

Jailed American in Russia says he feels abandoned by United States - BBC
Business|Europe|News

EU's top court rejects UPS $1.9 billion claim for blocked merger

United Parcel Service Inc, the world's No. 1 logistics company, on Thursday lost its court fight for a record 1.74-billion euro ($1.90 billion) compensation claim from EU antitrust

EU's top court rejects UPS $1.9 billion claim for blocked merger
Economy|Finance|News|US

Marketmind: Is that it for Christmas cheer?

A look at the day ahead in U.S. and global markets by Alun John.

Marketmind: Is that it for Christmas cheer?
Asia|News

Explainer-How far could China-Philippines relations worsen?

China and the Philippines have ramped up rhetoric on defending territorial claims in the South China Sea, despite both calling for dialogue to settle tensions over that strategic waterway.

Explainer-How far could China-Philippines relations worsen?
Crime|News|US|World

White House: 'Very concerned' about reports Paul Whelan in Russia feels under physical threat

The White House said on Thursday it is "very concerned" about reports that Paul Whelan, a former U.S. Marine convicted of espionage in Russia, feels under physical threat.

White House: 'Very concerned' about reports Paul Whelan in Russia feels under physical threat
Crime|Election|US

Factbox-Trump allies who pushed 2020 fraud claims face legal blowback

As Donald Trump faces criminal cases in Georgia and Washington stemming from his attempt to overturn his 2020 election defeat to Democrat Joe Biden, many of his allies have also

Factbox-Trump allies who pushed 2020 fraud claims face legal blowback
Business|Economy|Finance|News|US

Marketmind: An epic Santa rally

A look at the day ahead in U.S. and global markets by Amanda Cooper.

Marketmind: An epic Santa rally
Asia|Business|News

China's Geely warns Red Sea attacks to delay Europe-bound EV shipments

Chinese automaker Geely warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the "situation" in the Red Sea, where Yemeni militants are

China's Geely warns Red Sea attacks to delay Europe-bound EV shipments

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