Texas judge partially blocks small business loan rule

Texas judge partially blocks small business loan rule

July 31 (Reuters) – A Texas judge on Monday ruled that many lenders need not comply with a Consumer Financial Protection Bureau (CFPB) mandate to gather demographic data on small business borrowers while the U.S. Supreme Court weighs the agency’s funding. The Texas Bankers Association (TBA), American Bankers Association (ABA) and a small Texas bank … Read more

US trucking company Yellow shuts down operations, Wall Street Journal reports

US trucking company Yellow shuts down operations, Wall Street Journal reports

July 30 (Reuters) – The Teamsters said on Sunday that the union was served a notice that Yellow Corp (YELL.O) is ceasing operations and filing for bankruptcy. “Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” … Read more

Florida judge rules against Disney in feud with DeSantis

Florida judge rules against Disney in feud with DeSantis

WILMINGTON, Delaware, July 28 (Reuters) – A Florida judge on Friday rejected a Walt Disney Co (DIS.N) request to dismiss a lawsuit by an oversight district, a move that could make it harder for the entertainment giant to pursue its own case against Governor Ron DeSantis as part of a yearlong feud. The ruling allows … Read more

Zelenskiy sacks Ukraine’s ambassador to UK after criticism

Zelenskiy sacks Ukraine’s ambassador to UK after criticism

[1/2]Ukraine’s Ambassador to Britain Vadym Prystaiko arrives for a radio interview in Westminster, London, Britain April 8, 2022. REUTERS/Tom Nicholson/File Photo KYIV, July 21 (Reuters) – President Volodymyr Zelenskiy sacked Vadym Prystaiko as Ukraine’s ambassador to Britain on Friday, days after the envoy publicly criticized the president. A presidential order, which said Prystaiko had also … Read more

Safran makes an offer for Collins Aerospace’s flight control systems business

Safran makes an offer for Collins Aerospace’s flight control systems business

LONDON, July 21 (Reuters) – French aerospace group Safran (SAF.PA) said on Friday it had made a cash offer to buy the flight performance and control businesses of Collins Aerospace in a deal valued at $1.8 billion to become a leader in critical cockpit functions. Safran said the purchase would be accretive to earnings per … Read more

Focus: Shifting trends in travel demand bedevil US airlines

Focus: Shifting trends in travel demand bedevil US airlines

A general view of Philadelphia International Airport in Philadelphia, Pennsylvania, U.S., June 17, 2023. REUTERS/Tom Brenner/File Photo CHICAGO, July 21 (Reuters) – Consumers continue to splurge on air tickets. But travel patterns are shifting so often, partly due to work-life changes wrought by the pandemic, that airlines must constantly adapt on booking plane seats and … Read more

Analysis: Stock sale frenzy foretells US IPO market comeback

Analysis: Stock sale frenzy foretells US IPO market comeback

Signage for TXO Energy Partners is seen at the New York Stock Exchange (NYSE) to celebrate their IPO in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly Acquire Licensing Rights NEW YORK, June 21 (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launching come … Read more

Latest South Korea Headlines in English

Latest South Korea Headlines in English

South Korea’s bedbug outbreak raises fears in Japan Dec. 11, 2023 South Korea sets out to become world’s fourth-largest arms trader Dec. 6, 2023 South Korea looks to fix ‘ghost baby’ problem Nov. 15, 2023 North Korea’s cheerleading squad gives global media the cold shoulder Nov. 14, 2023 Seoul, Tokyo step up security ahead of … Read more