Reuters US Business

By Julio-Cesar Chavez, Jonathan Allen, Luc Cohen NEW YORK (Reuters) -The suspect in the killing of UnitedHealth Group executive Brian Thompson was charged with federal murder and stalking crimes in a Manhattan courtroom on Thursday, alongside state murder and terrorism charges previously announced by New York prosecutors. Federal prosecutors in Manhattan have charged Luigi Mangione, …

Suspect in UnitedHealth executive killing faces federal murder, stalking charges Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Wednesday it had completed a safety review of Southwest Airlines it opened in July after a series of incidents, including some that raised serious concerns and led to investigations. The review “did not identify any significant safety issues,” the FAA said. Southwest said …

US FAA ends review of Southwest Airlines after safety incidents Read More »

By Medha Singh (Reuters) – Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the number of incidents rose to 303 from 282 in 2023, …

Losses from crypto hacks jump to $2.2 billion in 2024, report says Read More »

By David Shepardson and Nate Raymond WASHINGTON (Reuters) -A group of 16 states led by California and environmental groups dropped a lawsuit filed in 2022 that sought to block the U.S. Postal Service’s plan to buy mostly gas-powered, next-generation delivery vehicles. Since the lawsuit was filed, the Postal Service has shifted from its initial plan …

States, environmental groups drop lawsuit over US Postal Service EV purchase plans Read More »

(Reuters) -Micron Technology shares slumped about 15% on Thursday, as a bleak forecast indicating sluggish demand for personal computers and smartphones overshadowed a lift from robust growth in sales of AI-related chips. The market for dynamic random-access memory (DRAM) chips used in personal computers and smartphones has remained under pressure since the end of the …

Micron slumps as bleak quarterly forecast clouds AI-related boost Read More »

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the prior two weeks’ increases and suggesting that a gradual labor market slowdown remained in place. Other data on Thursday showed the economy grew faster than previously estimated in the third quarter, …

US economy eyes strong finish ahead of heightened policy uncertainty in 2025 Read More »