By Abhijith Ganapavaram (Reuters) -U.S. private equity firm 777 Partners has said it is in talks with Boeing Co and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more markets amid a boom in air travel. “We’ve been in discussions with the (aircraft) manufacturers. I think right now the…
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt retailer Bed Bath & Beyond has ended its efforts to find a buyer for its entire Buy Buy Baby business, and it will instead seek U.S. court approval for a more limited sale of Buy Buy Baby’s intellectual property assets. Bed Bath & Beyond had declared Dream…
By Jonathan Stempel (Reuters) – A former U.S. Army financial counselor from New Jersey was criminally charged on Friday with defrauding grieving military families out of life insurance payments, causing millions of dollars of losses while reaping big commissions for himself. The U.S. Department of Justice charged Caz Craffy, 41, of Colts Neck, New Jersey,…
(Reuters) -Baltimore police arrested a 17-year-old male on weapons charges on Friday in connection with a mass shooting at a neighborhood block party in the Maryland city, but they did not charge the suspect with murder and said their investigation was ongoing. The teenage suspect, whom the Baltimore Police Department did not name, is being…
By Howard Schneider WASHINGTON (Reuters) -The U.S. added fewer jobs than anticipated in June but still-strong wage growth and a slight drop in the unemployment rate will likely keep the Federal Reserve on track to raise interest rates at the upcoming July meeting. The 209,000 payroll jobs added in June continued a steady climb down…
By Leah Douglas WASHINGTON (Reuters) -The Biden administration will begin accepting applications for $2.2 billion in financial assistance for farmers who have experienced discrimination at the hands of the U.S. Department of Agriculture, the agency announced on Friday. For decades, the USDA’s relationship with farmers of color, women and other under-represented groups in agriculture has…
By Suleiman Al-Khalidi, Maya Gebeily BEIRUT (Reuters) -As Wagner mercenaries advanced on Moscow in an attempted mutiny in late June, authorities in Syria and Russian military commanders there took a series of swift measures against local Wagner operatives to prevent the uprising spreading, according to six sources familiar with the matter. The previously unreported crackdown…
LONDON (Reuters) – More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in Russia, are urging the High Court to allow a reinsurance dispute to be heard in London, not Moscow. Lessors have not received any insurance payments…
HARARE (Reuters) – Zimbabwean police have blocked the launch of the main opposition party’s election campaign set for Sunday in the latest clampdown on the president’s main rival ahead of presidential and parliamentary polls in August, citing problems with the venue. Nelson Chamisa, leader of the opposition Citizens Coalition for Change (CCC), has faced several hurdles on…
By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -Pakistan’s main opposition leader and former prime minister Imran Khan expressed support for a recently-reached bailout deal with the International Monetary Fund (IMF) after a meeting with officials of the lender on Friday, his party said. The IMF said it was, in the lead up to national elections…
