U.S. airlines face too many travelers, too few planes in 737 MAX summer dilemma
CHICAGO (Reuters) – Normally, U.S. airlines compete to sell tickets and fill seats during the peak summer travel season. But…
Italy’s UniCredit to pay $1.3 billion to settle U.S. sanctions probe
(Reuters) – Italy’s top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to…
Trump urges ‘rebrand’ of 737 MAX, Boeing has other ideas
WASHINGTON/CHICAGO (Reuters) – U.S. President Donald Trump on Monday urged Boeing Co to “rebrand” its 737 MAX jetliner following two…
In South Korea’s struggling Kia Town, ‘bad jobs’ better than no jobs
GWANGJU, South Korea (Reuters) – Park Byung-kyu once led Kia Motor’s union in the city of Gwangju, fighting for labor…
Asia stocks hover below nine month peak after Wall Street stalls
TOKYO (Reuters) – Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though…
Foxconn says Gou will remain chairman, to withdraw from daily operations
FILE PHOTO: Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, attends a session of the second annual World Internet…
Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion
(Reuters) – Hulu has bought back wireless carrier AT&T Inc’s stake in the U.S. entertainment streaming service for $1.43 billion,…
New ‘added sugars’ labeling could save money and improve health
(Reuters Health) – The Food and Drug Administration’s new mandatory rules requiring labels on all packaged foods and drinks to…
U.S. measles cases surge nearly 20 percent in early April, CDC says
(Reuters) – The number of confirmed cases of measles in the United States this year jumped by nearly 20 percent…
Catalent seeks slice of gene therapy market with Paragon buy
(Reuters) – Contract drugmaker Catalent Inc said on Monday it would buy privately held Paragon Bioservices Inc for $1.2 billion…
Large, flightless bird attacks and kills its fallen owner
A large, flightless bird native to Australia and New Guinea attacked and killed its owner when the man fell on…
FAA meets with U.S. airlines, pilot unions on Boeing 737 MAX
WASHINGTON/CHICAGO (Reuters) – The Federal Aviation Administration met for three hours on Friday with representatives from the three major U.S.…
Industrials’ gains put to test as earnings ramp up
NEW YORK (Reuters) – Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing…
Auto giants battle used car dealers for Africa’s huge market
JOHANNESBURG/NAIROBI (Reuters) – At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on…
Mattel’s Fisher Price recalls all ‘Rock ‘n Play’ models due to reports of death
(Reuters) – U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n…
Mnuchin says hopes U.S.-China trade talks nearing ‘final round’
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous…
FDA pulls up Walmart, Kroger, others for selling tobacco to minors
FILE PHOTO: A Walmart sign is pictured at one of their stores in Mexico City, Mexico March 28, 2019. REUTERS/Edgard…
Caito Foods recalls fresh cut melon over Salmonella outbreak
(Reuters) – An Indianapolis food company has voluntarily recalled fresh cut melon produced at its facility after reports of nearly…
China’s JD.com boss criticizes ‘slackers’ as company makes cuts
SHANGHAI (Reuters) – Richard Liu, the founder of Chinese e-commerce giant JD.com Inc, has weighed in on an ongoing debate…
Kim Jong Un says he’s open to another summit with Trump
North Korean leader Kim Jong Un said he is open to a third summit with President Donald Trump, but set…
Powerball winner, 90, sues son, says money invested poorly
A 90-year-old Florida woman who took home $278 million from a winning Powerball ticket six years ago is suing her…
Toddler survives 60-foot fall from apartment, lands on car
A 20-month-old boy survived a six-story fall from a suburban Seattle apartment window after the toddler landed on the roof…
Teen cigarette smoking declining more slowly in rural U.S.
(Reuters Health) – The odds of smoking for U.S. adolescents are 50 percent higher in rural areas than in urban…
Oil prices fall on surging U.S. crude supply, economic slowdown
SINGAPORE (Reuters) – Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost…
Amazon buys warehouse robotics startup Canvas Technology
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
JetBlue targets low-fare transatlantic travel with 2021 London launch
(Reuters) – JetBlue Airways Corp hopes to break into the low-fare, transatlantic travel market beginning in 2021 with multiple daily…
U.S. lawmakers grill bank CEOs on social issues
(Reuters) – Chief executives of some of the largest U.S. banks faced off with the House Financial Services committee for…
U.S., China agree to establish trade deal enforcement offices: Mnuchin
WASHINGTON (Reuters) – The United States and China have largely agreed on a mechanism to police any trade agreement they…
Asian shares pause near eight-month high, dollar weakens
SYDNEY (Reuters) – Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest…
Oil prices dip on surging U.S. crude stockpiles
SINGAPORE (Reuters) – Oil prices fell on Thursday after U.S. crude stockpiles surged to their highest levels in almost 17…
Bernie Sanders puts focus on healthcare with Medicare for All bill
WASHINGTON (Reuters) – U.S. Senator Bernie Sanders unveiled the latest version of his ambitious “Medicare-for-All” plan on Wednesday, moving the…
Iranian lawmakers convene with chants of ‘Death to America’
Iranian lawmakers dressed in paramilitary uniforms chanted “Death to America” as they convened Tuesday for an open session of parliament…
Sony stock surges after Reuters reports Third Point re-building stake
TOKYO (Reuters) – Sony Corp shares surged more than 9 percent on Tuesday after a Reuters report saying Third Point…
Oil gains up to 2% to five-month high as Libyan output threatened
NEW YORK (Reuters) – Oil prices rose up to 2 percent on Monday, hitting five-month highs on expectations that global…
Delays at U.S.-Mexico border crossing hits autos, trucks still lining up
Trucks wait in queue for border customs control to cross into the U.S. at the Cordova-Americas border crossing bridge in…
Exclusive: Loeb’s Third Point building stake to pressure Sony – sources
(Reuters) – Daniel Loeb’s hedge fund Third Point LLC is building a stake in Sony Corp to push for changes…
Stocks edge higher as crude oil gains
NEW YORK – A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns…
Exclusive: Standard Chartered expected to pay just over $1 billion to resolve U.S., U.K. probes
NEW YORK (Reuters) – London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly…
Twitter’s Jack Dorsey paid $1.40 in 2018
FILE PHOTO: Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in…
Pinterest seeks $15-$17 per share in IPO, below last private valuation
(Reuters) – Pinterest Inc on Monday set a price range of $15 to $17 per share for its initial public…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in…
S&P 500, Nasdaq edge higher as earnings season looms
NEW YORK (Reuters) – The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in…
U.S. proposes list of EU goods for tariff retaliation against Airbus subsidies
FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau…
Uber, ahead of IPO, sees some time before self-driving cars dominate the road
NEW YORK (Reuters) – Uber Technologies Inc expects it will be a long time before one of its biggest investments,…
Sony shares surge after Reuters reports Third Point building stake again
FILE PHOTO: A shopper looks at Sony Corp’s Bravia television monitors at an electronics store in Tokyo June 20, 2013.…
Up to 1 in 13 boys in U.S. have sex before adolescence
While it’s possible that as many as one in 13 boys in the U.S. have sex before reaching their teens,…
Zogenix’s seizure drug filing fails to pass U.S. FDA scrutiny
(Reuters) – The U.S. Food and Drug Administration on Monday refused to fully review the marketing application for Zogenix Inc’s…
S&P posts seven-day winning streak as jobs data allay economic fears
NEW YORK (Reuters) – U.S. stocks rose on Friday, boosted by better-than-expected job growth in March, which eased concerns of…
How excess speed, hasty commands and flawed software doomed an Ethiopian Airlines 737 MAX
PARIS/SEATTLE/SINGAPORE (Reuters) – Minutes after take-off, the pilots of an Ethiopian Airlines 737 MAX were caught in a bad situation.…
World Bank board elects U.S. Treasury’s Malpass as next president
WASHINGTON (Reuters) – David Malpass, U.S. President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the…
Boeing cuts 737 MAX output in wake of two deadly crashes
CHICAGO/SEATTLE (Reuters) – Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Asia shares sit on weekly gains, await U.S. jobs test
SYDNEY (Reuters) – Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions,…
Biotech crops still a sticking point in U.S.-China trade deal: sources
WASHINGTON (Reuters) – China’s lengthy approval process for genetically modified crops remains a sticking point in talks to end the…
Trump says U.S.-China trade deal may be reached in four weeks
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday the United States and China were getting very close to…
Factbox: Who are PG&E's new directors?
PG&E Corp on Wednesday appointed Tennessee Valley Authority Chief Executive Officer William Johnson as its CEO and added 10 members…
PG&E names TVA’s William Johnson as CEO, reshuffles board
FILE PHOTO: Pacific Gas and Electric (PG&E) trucks are seen parked on a road between homes destroyed by the Tubbs…