By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday declined to hear a North Carolina public charter school’s defense of its blocked requirement that girls wear skirts – a student uniform policy that its founder explained is aimed at treating women like “fragile vessels.” Turning away an appeal by Charter Day School Inc, the…
By Ananya Mariam Rajesh and Juveria Tabassum (Reuters) -Cruise operator Carnival on Monday forecast third-quarter profit largely below estimates as rising marketing and labor costs eat into gains from higher ticket prices and strong demand. The company’s shares, which have surged nearly 80% in the past two months on resurgent demand for cruises, dropped 11%….
By Hilary Russ and Caroline Valetkevitch (Reuters) -Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas’ union that managers at several U.S. cafes removed rainbow flags and decorations supporting LGBTQ+ Pride month. About a dozen Starbucks workers picketed outside New York’s Astor Place location…
By Mike Stone WASHINGTON (Reuters) -The United States plans to announce as soon as Tuesday a new military aid package for Ukraine worth up to $500 million, keeping up U.S. resolve to help Ukraine against Russia as Moscow deals with a mutiny by some of its soldiers. The package will include ground vehicles as Ukraine…
By Walter Bianchi BUENOS AIRES (Reuters) -Argentina’s election line-up twist, which saw the ruling Peronist coalition torpedo a leftist candidate in favor of a centrist economy minister, boosted local markets on Monday, though analysts said it added a new spice to talks with the IMF. The Peronist bloc, Union por la Patria, said on Friday…
(This June 23 story has been corrected to clarify that 2020 marked 25 years of normalised relations in paragraph 4) HANOI (Reuters) – The U.S. nuclear-powered aircraft carrier Ronald Reagan will stop at Central Vietnam’s port city of Danang on Sunday in a rare visit for a U.S. warship to the southeast Asian nation, as…
(Reuters) – Canada’s Northern Dynasty Minerals said on Monday the Alaska district of the U.S. Army Corps of Engineers (USACE) has extended a deadline to comment on future plans regarding the Pebble copper mine to June 29. U.S.-listed shares rose 1.6% in premarket trading, after the second extension of the deadline. The Pacific Ocean Division…
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could potentially cost Volkswagen, Mercedes-Benz and others millions of euros. Companies could owe owners between 5% and 15% of the purchase price of their vehicle, the court ruled, in…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Software company Enfusion Inc is attracting takeover interest from private equity firms and strategic buyers, several people familiar with the matter said. Enfusion’s management has been approached in recent months by Francisco Partners, Vista Equity Partners and investment firm Irenic Capital Management, said the sources who asked not…
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved. Banks have moved quickly to pass on higher interest rates to their mortgage customers, but moved much more…
