US labor market resilient; declining profits a red flag for economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week…
Business
Lufthansa clinches deal for minority stake in ITA Airways
By Angelo Amante and Ilona Wissenbach ROME (Reuters) -Lufthansa will take a 41% stake in ITA Airways by way of…
Acting FAA chief expected to join air taxi firm Archer Aviation — sources
By David Shepardson WASHINGTON (Reuters) -Federal Aviation Administration (FAA) acting chief Billy Nolen is expected to take a position with…
Pfizer’s COVID antiviral Paxlovid gains full US approval
(Reuters) -The U.S. Food and Drug Administration on Thursday granted full approval to Pfizer’s oral antiviral COVID-19 treatment Paxlovid, clearing…
Senate Republicans want EPA to drop plan to cut emissions, boost EVs
By David Shepardson WASHINGTON (Reuters) -A group of 27 Senate Republicans on Thursday called on the Biden administration to drop…
US dollar dominance to persist for decades despite challenges – Moody’s
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for…
Nvidia shorts down $2.3 billion with stock up 25% – S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market…
Boeing starts deliveries of reworked 737s, promises pricing discipline
By Abhijith Ganapavaram and Shivansh Tiwary (Reuters) -Boeing Co has started delivering reworked 737 jets from inventory to customers after…
Vietnam’s VinFast recalls first batch of US-bound EVs over safety risk
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch…
Brazil to provide financing to industry, lower auto taxes
BRASILIA (Reuters) – Brazil’s state development bank BNDES will provide 4 billion reais ($799.47 million) in dollar-denominated financing for local…