Cash-strapped Lordstown may stop Endurance truck production
(Reuters) – Lordstown Motors reported a steep fall in its cash reserves on Thursday and said it might have to…
US
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it was in talks with potential…
Analysis-Delta’s pilot deal turns up the heat on rival airlines’ union negotiations
By Rajesh Kumar Singh and Allison Lampert (Reuters) – Delta Air Lines’ industry-changing pilot contract that offers $7 billion in…
Qualcomm amplifies chip gloom with ‘sobering report’
(Reuters) -Qualcomm Inc’s shares sank 7% on Thursday after the chip designer signalled it would take longer for its crucial…
US trade deficit narrows sharply in March as exports rise
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue…
Pro-Trump group powers surge in early US super PAC spending
By Jason Lange and Nathan Layne WASHINGTON (Reuters) – A group allied with Donald Trump’s bid for the 2024 Republican…
U.S. calls Russian claim that Washington was behind drone attack ‘ludicrous’
By Susan Heavey and Doina Chiacu WASHINGTON (Reuters) – The United States dismissed Russia’s allegation on Thursday that Washington was…
US productivity drops in first quarter; labor costs jump
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half…
United Airlines will use lower-carbon fuels in San Francisco, London
By Stephanie Kelly NEW YORK (Reuters) – United Airlines will begin using lower-carbon aviation fuels on flights from San Francisco…
ConocoPhillips beats first-quarter profit on high fuel demand, tight supplies
(Reuters) – U.S. shale producer ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday as sustained fuel demand and…