AerCap CEO says airlines to face supply squeeze for many years
By Tim Hepher PARIS (Reuters) – Airlines could face shortages of planes, engines and parts for several years as they…
Stellantis does not need Italy among its shareholders, Chairman Elkann says
MILAN (Reuters) – Stellantis does not need the Italian state as a shareholder as the carmaker is in good shape,…
Treasury says further bill auctions depend on raising debt limit
(Reuters) – The U.S. Treasury Department on Thursday announced $15 billion in one-day cash management bills on June 2 and…
U.S. Supreme Court gives boost to whistleblowers in drug pricing case
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid…
AstraZeneca drug combo gets US nod to treat a type of prostate cancer
(Reuters) – AstraZeneca said on Thursday that a combination of its cancer drug Lynparza and abiraterone has been approved in…
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored…
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON (Reuters) – The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave…
Stellantis to invest 160 million euros to launch all-electric SUV in 2025
(Corrects title in last paragraph) (Reuters) – Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to…
Hormel Foods reaffirms 2023 forecasts, shares rise
By Granth Vanaik (Reuters) – Hormel Foods Corp reaffirmed its annual sales and profit forecasts even as its second-quarter revenue…
US construction spending surges in April
WASHINGTON (Reuters) – U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued…