US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – A $16 billion list of lower-priority defense items like tanks, helicopter…
Business
Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties…
UBS CEO warns of painful jobs decisions after Credit Suisse takeover
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following…
US auto safety agency fails to meet internal timelines in defect probes -report
By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto…
Renault customers to lodge criminal complaint in France over faulty engines
PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge…
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage…
Illumina expands board after fight with Icahn
(Reuters) -Illumina Inc on Friday said it had expanded its board, adding two C-suite executives a week after shareholders voted…
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON (Reuters) – U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation’s…
Netflix shareholders withhold support for executive pay package
By Dawn Chmielewski (Reuters) – Netflix Inc shareholders on Thursday withheld their support for the company’s executive pay package, in…
American Airlines aviators reject merger with world’s largest pilots’ union
(Reuters) – American Airlines Group’s pilot leaders have rejected efforts to join the Air Line Pilots Association (ALPA), union spokesman…