By Brendan O’Boyle and Kylie Madry MEXICO CITY (Reuters) -The United States will continue to accept migrants from Cuba, Haiti, Nicaragua, and Venezuela under a humanitarian program after May 11, when the COVID-19 health policy known as Title 42 is set to end, the U.S. and Mexican governments said on Tuesday. Mexico, for its part,…
By Manya Saini, Niket Nishant and Koh Gui Qing (Reuters) -Hindenburg Research, the short investor whose reports on companies have erased a big chunk of their value, criticized Icahn Enterprises LP (IEP) on Tuesday over the reporting of its finances, leading to a 20% drop in the shares of activist investor Carl Icahn’s firm. The…
By Chris Thomas, Dhanya Skariachan and Tanvi Mehta BENGALURU (Reuters) -Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming “faulty” Pratt & Whitney engines for the grounding of about half its fleet. The move marks the first major airline collapse in India since Jet Airways filed for bankruptcy in 2019, and underscores the…
(This April 27 story has been corrected to clarify that the statement is attributed to FMC commissioner, not the Commission, in paragraph 15) By Francesco Guarascio and Khanh Vu HANOI (Reuters) – Tighter U.S. rules to ban imports from China’s Xinjiang are compounding pressure on Vietnam’s apparel and footwear makers, hitting a sector that has…
By Lisandra Paraguassu BRASILIA (Reuters) -Brazil offered on Tuesday to help cash-strapped Argentina and provide support to Brazilian exporters so that they can continue to sell to the neighboring country, their main exporting market for manufactured goods. “We are not discussing just helping Argentina. We need to help Brazilian businesses that export to Argentina, like…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday refused to let Peloton Interactive Inc customers pursue a class action accusing the bike and treadmill maker of misleading them about the “ever-growing” size of its library of on-demand fitness classes. In a 74-page decision, U.S. District Judge Lewis Liman in Manhattan said…
By Pete Schroeder (Reuters) – The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials at the failed Silicon Valley Bank and Signature Bank, as well as top U.S. banking regulators at separate hearings later this month. Gregory Becker, the former CEO of Silicon Valley Bank, and Scott Shay and…
By David Shepardson WASHINGTON (Reuters) -The Biden administration does not plan to extend a July 1 deadline for airlines to upgrade airplane altimeters, the measuring instruments that are crucial for bad-weather landings, to address potential interference from 5G wireless technology, Transportation Secretary Pete Buttigieg said. Buttigieg in a call on Tuesday told airlines that the…
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve kicks off a two-day policy meeting on Tuesday that is likely to push the U.S. central bank’s benchmark overnight interest rate to its highest level in nearly 16 years, hitting a potential plateau that will test the economy in a way not seen since the onset…
(Reuters) – Censured Montana transgender Representative Zooey Zephyr on Tuesday lost a last-minute legal attempt to rejoin debate on the House floor, as a Montana judge rejected her attempt to overturn the legislature’s punishment that silenced her. Republicans controlling Montana’s House of Representatives on April 26 barred Zephyr, a Democrat, from the House floor, anteroom…
