(Reuters) -Alaska Airlines said on Friday it has returned to Boeing the 737 MAX 9 plane that in January was involved in a mid-air door panel blowout. “They have taken possession of it and the re[...]
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June 28, 2024
Wall Street ends lower as investors digest inflation data, presidential debate
By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -U.S. stocks ended weaker on Friday after an early rally fizzled as investors digested in-line inflation data and weighed politica[...]
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Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
By Jonathan Stempel NEW YORK (Reuters) – A federal judge said Visa and Mastercard can likely withstand a “substantially greater” settlement with merchants who said they overpaid on s[...]
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US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
(Reuters) -The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday. The Patriot system is one of an arra[...]
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Warren Buffett donates record $5.3 billion Berkshire shares to charity
By Jonathan Stempel (Reuters) -Warren Buffett donated another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation[...]
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US Treasury finalizes new crypto tax reporting rules
By Hannah Lang (Reuters) – The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on user[...]
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US, India extend digital tax truce to Sunday as deadline approaches
By David Lawder (Reuters) – The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-app[...]
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Top U.S. banks hike dividends after sailing through Fed’s stress test
By Nupur Anand NEW YORK (Reuters) -U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and mar[...]
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US inflation cools in May, boosting hopes of Fed rate cut
By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, dr[...]
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