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
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July 28 (Reuters) – (This July 28 story has been refiled to remove the garbling in paragraph 2) Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the end of the year, some economists reckon, even as financial markets put little … Read more
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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
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WASHINGTON, July 28 (Reuters) – Senate Republican leader Mitch McConnell’s unexplained freezeup while speaking in Congress this week is the latest reminder that America’s most powerful political leaders are much older than many in other democracies. Joe Biden, 80, is the oldest U.S. president to ever serve in the White House, and nearly two decades … Read more
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A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan added its own twist to a week of rising central bank interest rates on Friday, and it proved an unlucky 13 for Dow Jones bluechips (.DJI) on Wall St. The BOJ’s long-awaited tweak of its ultra-easy bond-buying … Read more
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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
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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
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U.S. Secretary of State Antony Blinken delivers remarks at the release of the 2023 Trafficking in Persons Report at the State Department in Washington, D.C., U.S., June 15, 2023. REUTERS/Sarah Silbiger WASHINGTON, June 16 (Reuters) – There are no indications that Russia is preparing to use nuclear weapons and the United States sees no reason … Read more
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[1/3]Tennis – French Open – Roland Garros, Paris, France – May 29, 2023 Canada’s Felix Auger-Aliassime in action during his first round match against Italy’s Fabio Fognini REUTERS/Lisi Niesner Acquire Licensing Rights PARIS, May 29 (Reuters) – Felix Auger-Aliassime said he needed to prioritise his health after the ailing world number 10 crashed out of … Read more