By Jonathan Stempel (Reuters) – A lucky, and likely wealthy, person bid more than $19 million to dine with Warren Buffett, in the 21st and final time that the billionaire businessman auctioned a private lunch to benefit a San Francisco charity. The winning bid in the eBay auction that ended on Friday night far surpassed…
By Fabian Cambero SANTIAGO (Reuters) -Chile’s state-owned Codelco, the world’s largest copper producer, agreed on Friday to start the process of closing its troubled Ventanas smelter, the company said. Workers had threatened action, including a strike, if the board did not invest to upgrade the facility after an environmental incident sickened dozens of people. The…
By Marianna Parraga (Reuters) -A 650,000-barrel-cargo of Venezuela’s oil chartered by Italy’s Eni is about to set sail carrying the first export of crude from the U.S.-sanctioned country to Europe in two years, Refinitiv Eikon data showed on Friday. The U.S. State Department sent letters to Eni and Spain’s Repsol in May authorizing them to…
Federal regulators say Verizon and AT&T will delay part of their 5G rollout near airports to give airlines more time to ensure that equipment on their planes is safe from interference from the wireless signals, but the airline industry is not happy about the deal. An airline industry trade group said federal regulators are taking…
By Fabian Cambero SANTIAGO (Reuters) -The board of Chilean state-owned Codelco, the world’s largest copper producer, agreed on Friday to start a process to close its troubled Ventanas smelter, the company said in a statement. Workers at Codelco had threatened to take action, including a strike, if the board did not invest to upgrade the…
PANAMA CITY (Reuters) – Panama’s Copa Airlines announced on Friday it is launching a route from Panama City to Mexico’s recently inaugurated Felipe Angeles International Airport, becoming one of the first foreign airlines to land at the new transport hub. Copa will operate three flights a week starting Sept. 26 in the new Mexican airport….
HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports. The reports published Friday cited an email from Gwynne Shotwell, SpaceX’s president, saying the company had terminated employees who…
WASHINGTON (Reuters) -The Export-Import Bank of the United States (EXIM) on Friday said its board of directors approved an $811 million loan guarantee to help finance the sale of Boeing wide-body aircraft to French-Dutch airline Air France-KLM SA. EXIM said in a statement that the loan guarantee would support aircraft assembled at Boeing’s Everett, Washington,…
WASHINGTON (AP) — A federal appeals court on Friday rejected a Trump administration finding that the active ingredient in the weed killer Roundup does not pose a serious health risk and is “not likely” to cause cancer in humans. The California-based 9th U.S. Circuit Court of Appeals ordered the Environmental Protection Agency to reexamine its…
By Ann Saphir and Lindsay Dunsmuir (Reuters) -The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising risk of recession will not stop its battle to bring down searing inflation that’s punishing American households. “The Committee’s commitment to restoring price stability…
