Chip shortage keeps driving up auto prices, cutting sales
DETROIT (AP) — U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago…
2022
Major U.S. Airlines To Let Passengers Book Tickets With Gender Neutral Option
(Reuters) – Major U.S. airlines have agreed to update computer systems by the end of 2024 to allow travelers to…
Chinese State Airlines To Buy Almost 300 Airbus Jets
BEIJING/SYDNEY (Reuters) -China’s “Big Three” state airlines pledged on Friday to buy a total of almost 300 Airbus jets, the…
Chile Plans To Raise Copper Mining Royalties And Reform Tax System
SANTIAGO (Reuters) -Chile’s finance minister, Mario Marcel, on Friday introduced a tax reform bill that increases copper mining royalties on…
Nordic Central Banks Join The 50 Bps Rate Hike Club
LONDON (Reuters) – Norway and Sweden have joined the ranks of central banks opting for 50 basis-point interest rate rises,…
GM Outsells Toyota In Q2 As Inventory Shortages Linger
By Abhijith Ganapavaram (Reuters) -General Motors Co surpassed Toyota Motor Corp in second-quarter U.S. car sales, data on Friday showed,…
Holiday-travel chaos: Airlines brace for huge weekend crowds
The July Fourth holiday weekend is off to a booming start with airport crowds crushing the numbers seen in 2019,…
Chip shortage leaves 95K GM vehicles unfinished in storage
DETROIT (AP) — The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without…
Downturn Fears Support Dollar, Aussie Slumps To Two-year Low
By Iain Withers LONDON (Reuters) – Gathering gloom about prospects for the global economy lifted the safe-haven dollar on Friday…
Kohl’s sale falls apart in shaky retail environment
SILVER SPRING, Md. (AP) — The potential sale of the Kohl’s department store chain has fallen apart in a shaky…