By David Shepardson WASHINGTON (Reuters) -A group representing major U.S. airlines “strongly urged” the Federal Aviation Administration (FAA) to extend a proposed deadline to June 2024 to[...]
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February 10, 2023
Bed Bath & Beyond to wind down Canada operations
(Reuters) -Bed Bath & Beyond’s Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a U.S. bankr[...]
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Bed Bath & Beyond’s roller-coaster ride to potential bankruptcy
(Reuters) – Bed Bath & Beyond Inc has managed to stay afloat for now after raising cash to fund its operations. The company, which was on the verge of filing for bankruptcy, found temporary[...]
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Robinhood wins dismissal of shareholder lawsuit over 2021 IPO
By Jonathan Stempel (Reuters) -A U.S. judge on Friday dismissed a lawsuit accusing Robinhood Markets Inc of misleading investors about the online brokerage’s financials and growth prospects when[...]
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Exclusive-To tap U.S. government billions, Tesla must unlock EV chargers
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has never actually done so in the United States, where th[...]
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Ford to announce $3.5 billion battery plant in Michigan, sources say
By David Shepardson (Reuters) -Ford Motor Co is set to announce as soon as Monday it plans to build a $3.5 billion lithium iron phosphate battery plant in Michigan, sources told Reuters. Ford is expec[...]
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U.S. safety board subpoenas American Airlines flight crew in NYC near miss
By David Shepardson WASHINGTON (Reuters) – The National Transportation Safety Board (NTSB) said Friday it had issued subpoenas to the flight crew of an American Airlines plane involved in a near[...]
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Florida governor gains control over Disney district board
By Dawn Chmielewski (Reuters) -Florida lawmakers on Friday granted Governor Ron DeSantis effective control of the board that oversees development in and around Walt Disney Co’s central Florida t[...]
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Stocks slip, dollar gains on tighter policy outlook
By Herbert Lash NEW YORK/LONDON (Reuters) -The dollar firmed and global equity markets fell on Friday as rising interest rates unsettled investors amid a growing chorus of central bank officials insis[...]
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