By Valerie Insinna, Padraic Halpin and Tim Hepher WASHINGTON/DUBLIN (Reuters) -Ireland’s Ryanair sealed a multibillion-dollar deal for as many as 300 Boeing jets on Tuesday, burying the hatchet after an 18-month public feud where prices threatened one of aviation’s closest partnerships. Europe’s biggest low-cost carrier said it was placing a firm order for 150 of…
(Reuters) – A jury on Tuesday found Donald Trump sexually abused and defamed writer E. Jean Carroll, the latest development in a series of legal woes facing the Republican front-runner in the 2024 U.S. presidential race. Here are some others: TRUMP NEW YORK CRIMINAL CASE Trump became the first former U.S. president to face criminal…
(Reuters) – PayPal Holdings’ stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual adjusted operating margin. The stock, last trading at $66.45, was set to record its lowest closing price since October 2017. It touched a session low of…
CHICAGO (Reuters) – Tyson Foods Inc plans to resume slaughtering pigs in mid-May at a Madison, Nebraska, pork plant damaged by fire two weeks ago, the meatpacker said on Tuesday. The extended halt to slaughtering comes as weak consumer demand for pork and low prices are squeezing margins for meatpackers and hurting hog farmers. Tyson…
By Helen Reid BARCELONA (Reuters) – Amazon plans to open new warehouses and hire more people in Europe, an executive said on Tuesday, even as squeezed consumer spending forces the tech giant to cut costs globally and lay off some employees. Amazon has invested 142 billion euros ($156 billion)in Europe since 2010, and its growth…
By Mike Stone WASHINGTON (Reuters) – The United States announced on Tuesday a new $1.2 billion military aid package for Ukraine that will include air defense systems, ammunition and funds for training, the Pentagon said. Ukraine Security Assistance Initiative (USAI) funds will be used to purchase the weapons, allowing President Joe Biden’s administration to buy…
(Reuters) – Palantir Technologies’ stock surged 22% on Tuesday, putting it on track for its biggest one-day gain in more than two years, after the data analytics firm said it expected to turn a profit every quarter in 2023 and pointed to massive interest in its new AI platform. The data analytics software maker, known…
(Reuters) – Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers. The results, slated for Wednesday, will mark the first full…
(Reuters) – Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the assembly line at its Coolidge, Arizona, factory amid sluggish demand for its battery-powered trucks. The company said it would double down on cutting costs and that it will build battery electric trucks only to order,…
PARIS (Reuters) – Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from the same period a year ago but enough to re-establish an industrial lead over U.S. rival Boeing, company data showed on Tuesday. The world’s largest planemaker also sold five planes in April, all of them…
