United CEO confirms airline faces problem finding pilots to take captain’s chair

By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines CEO Scott Kirby has acknowledged that the carrier’s pilots are shunning promotion to the captain’s chair, hurting its flight capacity in the fourth quarter, confirming what Reuters reported earlier this week. Multiple pilots at United told Reuters that senior first officers have been avoiding promotion to…

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Democratic-backed US Supreme Court ethics bill passed by Senate panel

By John Kruzel WASHINGTON (Reuters) -U.S. Senate Democrats on Thursday advanced a bill that would mandate a binding ethics code for the Supreme Court after revelations that some conservative justices failed to disclose luxury trips and real estate transactions, though Republican opposition means it has little chance of becoming law. The Democratic-led Senate Judiciary Committee…

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Gold miner Newmont misses profit estimates on mining disruptions, higher costs

By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s largest gold miner down on Thursday. Since early June, Newmont’s operations at Penasquito mine in Mexico has remained suspended in response to a labor strike notice, hurting output. Newmont last month told Reuters it declared…

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Abbott’s strong medical device sales drive upbeat quarter as surgeries rebound

By Khushi Mandowara and Pratik Jain (Reuters) -Abbott Laboratories on Thursday beat quarterly profit expectations as a rebound in surgical procedure volumes drove demand for medical devices despite high inflation-driven costs, sending shares up by nearly 4%. Demand for medical devices and non-COVID-19 testing is expected to rise this year, as older adults in particular…

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China, U.S. climate envoys agree to maintain close communication after talks

BEIJING (Reuters) – China and the United States agreed to maintain close communications after climate envoys from both countries met in Beijing, China’s environment ministry said on Thursday. China’s climate envoy Xie Zhenhua and his U.S. counterpart John Kerry discussed policy measures and progress on actions both countries have taken to address climate change, the…

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