By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg said on Sunday the government has completed 10 investigations into airlines over passenger refund-related issues. “We’ll collaborate with airlines when they’re ready to take steps that are positive and proactive, whether that’s improvements in pay that are helping with hiring or flexibility in customer service,”…
MINNEAPOLIS (AP) — When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund’s chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned. Harris, 62, has attended the funerals of 34 firefighters killed in the line of duty. He was already worried about his pension after…
WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Sunday the government has completed 10 investigations into airlines over passenger-refund related issues. Buttigieg told Fox News Sunday, “we’re going to enforce passenger and consumer rights.” In September 2021, the U.S. Transportation Department said it had 18 pending investigations against airlines over complaints that they…
HONG KONG (Reuters) – Chinese property developer Ronshine China Holdings Ltd has not made interest payments on its June 2023 and December 2023 notes, totalling $27.9 million, in the latest blow to China’s embattled property market. Ronshine has not made payment of $12.798 million interest on the 8.1% senior notes due June 2023, which became…
PARIS (Reuters) – The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday. “The nationalisation of EDF will have no impact on the cost of electricity for the French people,” Veran told LCI television. EDF and the…
SHANGHAI (Reuters) – China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country’s market regulator said on Sunday. The State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated…
ANCHORAGE, Alaska (Reuters) -U.S. Treasury Secretary Janet Yellen has canceled her visit to the Port of Yokohama during her visit to Japan next week out of deference following the assassination of former Prime Minister Shinzo Abe, a Treasury official said on Saturday. Abe was fatally shot on Friday while giving a campaign speech on a…
(Reuters) -Rogers Communications said on Saturday that its services were close to fully operational after a massive outage it blamed on a router malfunction after maintenance work. The outage at one of Canada’s biggest telecom operators shut banking, transport and government access for millions of people. “We now believe we’ve narrowed the cause to a…
By Dawn Chmielewski and Hyunjoo Jin (Reuters) -Elon Musk avoided discussing the collapsed Twitter deal, only repeating allegations of fake account issues at the social media platform, as he addressed an audience of moguls on Saturday, two people who attended the conference told Reuters. In a wide-reaching interview Saturday, Musk spent most of his time…
By Dawn Chmielewski and Hyunjoo Jin (Reuters) -Elon Musk avoided discussing the collapsed Twitter deal, only repeating allegations of fake account issues at the social media platform, as he addressed an audience of moguls on Saturday, one person who attended the conference told Reuters. The billionaire entrepreneur and chief executive of Tesla Inc and SpaceX…
