Reuters US Business

By David Shepardson (Reuters) -United Airlines and Delta Air Lines both started cancelling Friday flights after the Federal Aviation Administration directed reductions at 40 high-traffic U.S. airports to address air traffic control safety concerns, the carriers said Thursday. United said on Thursday it plans to cut 4% of its flights Friday through Sunday. Delta said …

United, Delta begin cancelling flights under FAA directive Read More »

By Ateev Bhandari and Anuj T (Reuters) -BillionToOne was valued at $4.4 billion on Thursday, after the molecular diagnostics firm’s shares jumped 66.67% in their Nasdaq debut on Thursday, becoming the latest company to tap U.S. bourses amid a government shutdown. IPOs have made a striking comeback as AI exuberance and falling interest rates anchor …

BillionToOne valued at $4.4 billion as shares surge in blockbuster Nasdaq debut Read More »

By Jaspreet Singh (Reuters) -ESPN signed a new deal making DraftKings its official sportsbook and odds provider, after ending a U.S. online sports betting partnership with casino operator PENN Entertainment. Starting December, online sports betting company DraftKings’ sportsbook and daily fantasy contests will be added across ESPN’s platforms, including its direct-to-consumer streaming service, the companies …

ESPN taps DraftKings as sports-betting partner after ending PENN deal Read More »

By Neil J Kanatt (Reuters) -U.S. holiday sales are expected to surpass $1 trillion for the first time, the National Retail Federation said on Thursday, though growth is forecast to slow as economic pressures weigh on consumer sentiment. The holiday season includes major shopping days such as Thanksgiving, Black Friday, Cyber Monday and Christmas, and …

US holiday sales set to top $1 trillion for the first time, NRF forecasts Read More »

(Reuters) -U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries adopt AI-driven changes and intensify cost cuts. Tech firms led the job cuts in the private sector, followed by retailers and …

US layoffs for October surge to two-decade high, Challenger data shows Read More »

By Brad Haynes BELEM, Brazil (Reuters) -Google has agreed to finance restoration of the Amazon rainforest in its biggest deal yet for carbon removal credits, as Big Tech hunts for high-quality credits to offset emissions tied to energy-hungry data centers. Google and Brazilian reforestation startup Mombak told Reuters the deal would offset 200,000 metric tons …

Exclusive-Google deal makes Amazon reforestation its top source of carbon removal credits Read More »

By Georgina McCartney and Curtis Williams HOUSTON (Reuters) -U.S. pipeline operator Energy Transfer will not give its Lake Charles liquefied natural gas export facility in Louisiana a financial go-ahead until 80% of the project has been sold to equity partners, company executives said on Wednesday on a post-earnings call. Energy Transfer has been developing the …

Before greenlighting Lake Charles LNG, Energy Transfer seeks 80% equity selldown Read More »

By Curtis Williams HOUSTON (Reuters) -U.S. liquefied natural gas developers are on track this year to ink the second-highest annual number of binding sales contracts, despite industry concerns about increasing capacity and rising costs. In the first 10 months of 2025, U.S. LNG producers signed sales and purchase agreements (SPAs) for 29.5 million metric tonnes …

Analysis-US LNG producers ink near record contract volumes, even as fees climb Read More »