By Priyamvada C (Reuters) – A prolonged coordinated strike by the United Auto Workers (UAW) union against the Detroit Three automakers could cut production by thousands, potentially pushing up v[...]
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September 11, 2023
Exclusive-Suedzucker unit drops plan to lift French sugar output, citing Ukraine imports
(Amends company identifier to SZUG.DE) By Sybille de La Hamaide PARIS (Reuters) -Sugar maker Saint Louis Sucre, owned by Germany’s Suedzucker, asked French farmers not to increase their beet out[...]
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U.S. judge rules against consumer-watchdog anti-discrimination effort
By Jody Godoy (Reuters) -A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to tackle discriminatory banking practices, handing a win to[...]
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Explainer-Auto industry on tenterhooks ahead of potential UAW strike against ‘Detroit Three’
By Nathan Gomes (Reuters) -The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers later this week if no agreement is reached over new contracts, setting the s[...]
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NY Fed poll finds mostly stable inflation views, more financial worries in August
By Michael S. Derby (Reuters) – Americans’ overall views on inflation were little changed in August, even as they predicted rising price increases for things like rent, homes and food, while dow[...]
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Exclusive-Goldman shrinks executive committee in reshuffle, moves admin officer to banking, markets -memo
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs has named Chief Administrative Officer Ericka Leslie to head operations for global banking and markets, its largest division, according to a memo seen[...]
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Wizz Air sees 10% capacity reduction in H2 2024 amid Pratt & Whitney inspection
(Reuters) -Wizz Air said on Monday it estimates a potential 10% capacity reduction in the second half of fiscal 2024, due to an inspection of Pratt & Whitney’s turbofans. Aerospace supplier[...]
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US, Vietnam firms talk business during Biden visit; AI and Boeing deals unveiled
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday seeking to forge business partnershi[...]
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JetBlue agrees to sell Spirit assets in Boston, Newark to Allegiant
By David Shepardson (Reuters) – JetBlue Airways Corp said Monday it had agreed to sell all of Spirit Airlines assets at Boston and Newark Liberty airports to Allegiant, as it works to win approv[...]
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