US says probe into Southwest Airlines December meltdown ongoing
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department (USDOT) on Wednesday said its comprehensive investigation into Southwest Airlines’ December…
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Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade
By Davide Barbuscia NEW YORK (Reuters) -Fitch downgraded the U.S. credit rating due to fiscal concerns, a deterioration in U.S…
GSK sues Pfizer in US for patent infringement over RSV vaccine
By Blake Brittain (Reuters) -British biopharmaceutical giant GSK sued Pfizer in a U.S. court on Wednesday, alleging that Pfizer’s respiratory…
Major global firms warn of slow China sales as post-pandemic surge fades
(Reuters) – Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have warned of slowing…
Apollo leads deal for trucking firm Yellow’s bankruptcy loan – Bloomberg News
(Reuters) – Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash…
Biden admin split over ethanol’s role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas (Reuters) – The Biden administration is divided over whether to grant a…
Hugo Boss stays strong amid tough China, U.S. markets
By Linda Pasquini and Helen Reid (Reuters) – Hugo Boss raised its sales and profit outlook on Wednesday as a…
Billboard highlighting clerical abuse removed as pope arrives in Lisbon
By Catarina Demony LISBON (Reuters) – One of three huge billboards erected by activists to raise awareness of sexual abuse…
Ferrari’s personal touch on cars helps it lift forecasts
By Giulio Piovaccari MILAN (Reuters) -Luxury sports car maker Ferrari raised its full-year revenue and core earnings forecasts on Wednesday,…
Bunge lifts 2023 earnings view after Q2 profit beat, shares surge
By Karl Plume (Reuters) – Bunge Ltd raised its full-year earnings outlook on Wednesday after improved processing margins helped the…