Ad Behind the Markets
By Katharine Jackson WASHINGTON (Reuters) -President Joe Biden’s decision to nix his predecessor Donald Trump’s plan to move the headquarters of the U.S. military’s Space Command from Colorado to Alabama is unrelated to a dispute with Republican Senator Tommy Tuberville or concern over Alabama’s abortion restrictions, the White House said. A day after Biden’s administration…
By Akash Sriram (Reuters) -Uber’s shares fell 6% on Tuesday after the ride-hailing company warned Lyft was competing effectively on prices and set an earnings forecast that analysts said may have disappointed investors who have driven up the stock two-fold this year. The comments and an easing pace of revenue growth overshadowed the 14-year-old Uber’s…
By Daniel Trotta (Reuters) -A U.S. judge on Monday blocked the state of Idaho at least temporarily from prosecuting doctors who refer patients out of state to get an abortion, finding that would violate a medical provider’s right to free speech. U.S. District Court Judge B. Lynn Winmill agreed with a challenge led by Planned…
By Dan Williams JERUSALEM (Reuters) – U.S. observers are in Israel this week to discreetly assess conditions at its border crossings for Palestinian-Americans as part of an emerging Israeli-U.S. visa waiver deal, four officials said. The officials, who declined to be identified by name or nationality, said the delegation visited Israel’s immigration office on Sunday,…
By Catarina Demony LISBON (Reuters) – Filipa Almeida was 17 when she was sexually abused by a priest. She stayed silent for years but eventually found the strength to speak out and hopes a visit by Pope Francis to her native Portugal this week will remind the world of thousands of similar crimes. “I lived…
(Reuters) – BNSF Railway and the engineers union on Tuesday reached a tentative agreement on paid sick leave and improvements in work schedules for the freight railway giant’s locomotive engineers. The tentative agreement includes up to eight paid sick leave days and grants access to scheduled time off, BNSF Railway and the Brotherhood of Locomotive…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions, which could spur the Federal Reserve to keep interest rates elevated for some time. Labor market resilience was underscored by the third straight monthly…
By Rajesh Kumar Singh and Kannaki Deka CHICAGO (Reuters) – JetBlue Airways on Tuesday slashed its full-year profit forecast, citing a hit from the termination of its alliance with American Airlines and a shift in travel demand away from domestic trips to long-haul international destinations. The New-York based carrier said its operations are also suffering…
MEXICO CITY (Reuters) – Remittances to Mexico totaled $5.57 billion in June, just under the all-time high reached the month before but dampened in real terms by the sharp appreciation of the peso against the dollar. June remittances — money sent home from Mexican workers abroad — were 8.3% higher than a year ago, data…
By Katherine Masters NEW YORK (Reuters) – Retailers such as Macy’s and Columbia Sportswear are expanding their use of “breathable” and “cooling” fabrics in a bid to boost sales as record-high temperatures drive demand for clothing that can help consumers beat the heat. Other major companies, including VF Corp and Permira-owned Reformation, are also touting…
