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…
LA PAZ (Reuters) – Bolivia’s government will not make a final decision on potential lithium mining tie-ups with private partners until December, six months behind its initial schedule, a senior official told state television on Friday. The government is currently evaluating six companies to help mine the country’s untapped lithium riches. One or more could…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, adding that supply chain fixes have been slow in coming. “That means that we’re going to have to be more muscular in our policies,” Bostic told American Public Media’s “Marketplace”…
By Lewis Krauskopf NEW YORK (Reuters) – Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors’ ability to assess U.S. stock valuations, even as the market’s tumble creates potential bargains. Without a doubt, stocks are far cheaper than at the start of…
