US debt default would impact military readiness, morale: top US general
WASHINGTON (Reuters) – A debt default would deal significant, unambiguous damage to US national security, negatively impacting military readiness, morale…
Business
Virgin Galactic makes key spaceflight test before starting commercial service
By Joey Roulette WASHINGTON (Reuters) -A spaceplane from Virgin Galactic reached the edge of space on Thursday carrying a crew…
Bank of America redeploys 40 Asia bankers as China dealmaking stalls
HONG KONG (Reuters) – Bank of America Corp has told around 40 bankers in Asia to look for new roles…
McCarthy says he spoke with Trump about US debt ceiling talks
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday he spoke briefly with former President…
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…
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…