By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold, jarring market participants as[...]
Read more
May 19, 2023
EU antitrust regulators quiz cloud rivals on Microsoft’s request for customer data
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Microsoft’s rivals what kind of customer data they are required to provide to the U.S. tech giant as part of their A[...]
Read more
Artificial intelligence gives real boost to U.S. stock market
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. They are also provid[...]
Read more
Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
By Joey Roulette WASHINGTON (Reuters) -A team led by Jeff Bezos’ Blue Origin won a coveted $3.4 billion NASA contract to build a spacecraft to fly astronauts to and from the moon’s surface[...]
Read more
Mexico takes over part of Grupo Mexico railway, shares fall
By Valentine Hilaire and Noe Torres MEXICO CITY (Reuters) – The Mexican Navy on Friday took over a section of railway in southern Mexico operated by a unit of Grupo Mexico , and shares in the mi[...]
Read more
American Airlines pilots reach tentative agreement on new contract
By Rajesh Kumar Singh and Allison Lampert CHICAGO (Reuters) -American Airlines pilots have agreed in principle on a new contract that boosts their pay by 21% in 2023, sources told Reuters on Friday, a[...]
Read more
Adidas to donate Yeezy proceeds to Anti-Defamation League and other NGOs
FRANKFURT (Reuters) -Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate some of th[...]
Read more
American Airlines pilots to get 21% pay raise this year in tentative contract -sources
CHICAGO (Reuters) – Pilots at American Airlines will get a 21% pay raise this year as part of a new four-year tentative contract, three sources with direct knowledge of the matter said on Friday[...]
Read more
Foot Locker slumps as weak demand, heavy discounts drive annual outlook cut
By Deborah Mary Sophia (Reuters) -Foot Locker Inc’s shares closed down 27% on Friday as the footwear retailer cut its annual sales and profit forecasts amid a sharp drop in demand and a hit from[...]
Read more