By Shariq Khan NEW YORK (Reuters) – Last month’s CrowdStrike IT outage that grounded scores of flights created new problems for California’s fuel market, forcing U.S. traders to stor[...]
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Brazil judge blocks Starlink accounts in the country amid X spat, source says
BRASILIA (Reuters) – Brazilian Supreme Court judge Alexandre de Moraes on Thursday ordered the blocking of the financial accounts of billionaire Elon Musk’s Starlink due to the lack of leg[...]
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US dollar gains for 2nd day after GDP backs smaller Fed cut
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose for a second straight session on Thursday after data showed the world’s largest economy grew a little faster than expected in[...]
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Exclusive-Dell attempts to sell cybersecurity firm SecureWorks again, sources say
By Milana Vinn NEW YORK (Reuters) -Personal computer maker Dell Technologies is again exploring a possible sale of SecureWorks, after unsuccessful earlier attempts to find a buyer for the U.S. cyberse[...]
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GM must face big class action over faulty transmissions
By Jonathan Stempel (Reuters) – General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26 U.S. states by knowingly selling several hundred thou[...]
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Oil settles up over 1% on worries over supplies from Libya, Iraq
By Shariq Khan NEW YORK (Reuters) -Oil prices settled up by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to lower output in Iraq raised fears of tighter global supp[...]
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Analysis-‘Windfall’ fees now less likely for lawyers who sued to cut Musk’s Tesla pay
By Tom Hals WILMINGTON, Delaware (Reuters) – The lawyers who sued successfully to void Tesla CEO Elon Musk’s $56 billion pay package are seeking a record $6 billion in fees, and the judge[...]
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US fiscal profile unlikely to change much after elections, says Fitch
(Reuters) -Ratings agency Fitch said on Thursday the U.S. fiscal profile is likely to remain largely unchanged regardless of who wins the upcoming presidential election, as it affirmed the United Stat[...]
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Embraer’s aircraft delivery delay seen 1 to 2 months, shorter than peers’ times, CFO says
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian planemaker Embraer’s average delay to deliver aircraft is around one to two months, the firm’s chief financial officer said on Thurs[...]
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