India’s Go First airline files for bankruptcy, blames Pratt & Whitney engines
By Chris Thomas, Dhanya Skariachan and Tanvi Mehta BENGALURU (Reuters) -Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday,…
Business
Musk threatens to reassign NPR Twitter account, NPR says
(Reuters) – Twitter chief Elon Musk has “threatened” to reassign National Public Radio’s Twitter account to another company, the U.S.-based…
World’s apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton bites
(This April 27 story has been corrected to clarify that the statement is attributed to FMC commissioner, not the Commission,…
Judge says no class action against Peloton over fitness class availability
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday refused to let Peloton Interactive Inc customers pursue…
Failed bank executives, regulators to testify before Senate panel
By Pete Schroeder (Reuters) – The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials…
Thousands of union contracts to dissolve in Mexico’s fight against pro-company deals
By Daina Beth Solomon MEXICO CITY (Reuters) – Thousands of pro-business union contracts in Mexico are set to expire as…
U.S. will not extend deadline on critical 5G airplane retrofit
By David Shepardson WASHINGTON (Reuters) -The Biden administration does not plan to extend a July 1 deadline for airlines to…
Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve kicks off a two-day policy meeting on Tuesday that is likely…
Chesapeake Energy profit beats on higher output of natural gas
By Arshreet Singh (Reuters) -U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat estimates for first-quarter profit on…
Brazil pushes back on big tech firms’ campaign against ‘fake news law’
By Anthony Boadle BRASILIA (Reuters) – Brazil’s government and judiciary objected on Tuesday to big tech firms campaigning against an…