Reuters US Business

By David Shepardson WASHINGTON (Reuters) -Mesa Airlines said late Saturday it is finalizing an agreement to operate regional flights for United Airlines after an announcement it will wind down flights for American Airlines early next year. In a memo sent to employees and provided to Reuters by the company, Mesa Air Group Chief Executive Jonathan …

Mesa says it will halt American Airlines flights, finalizing deal with United Read More »

BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper Volksstimme reported, saying the semiconductor giant wanted more public subsidies. The plant is central to German and European Union plans to strengthen the …

Intel delaying German factory start, wants more subsidies, Volksstimme reports Read More »

ATHENS (Reuters) – JP Morgan has signed a deal to buy a 48.5% stake in Athens-based payments fintech Viva Wallet for more than $800 million, a person with knowledge of the matter told Reuters on Saturday. The source, who spoke on condition of anonymity, said the deal was expected to be announced early next week. …

JP Morgan signs deal for stake in fintech Viva Wallet for over $800 million Read More »

DUBAI (Reuters) -Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media. The reported oil workers’ protests, which Reuters could not verify, come amid a protracted wave of popular unrest across Iran that has posed the boldest challenge to …

Iranian oil workers protest for higher wages -social media Read More »

By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry’s hefty carbon footprint. Aluminium is the most energy-intensive metal to produce, accounting for about …

Analysis-Bumper green aluminium output is good news for carmakers, and climate Read More »

(Reuters) – Elon Musk said on Saturday he will reinstate the Twitter accounts of several journalists that were suspended in a controversy over publishing public data about the billionaire’ s plane. “The people have spoken. Accounts who doxxed my location will have their suspension lifted now,” he tweeted. (Reporting by Eva Mathews and Rhea Binoy …

Musk says will restore recently suspended journalists’ Twitter accounts Read More »

By Mike Scarcella (Reuters) -Washington’s state supreme court on Friday blocked Albertsons Companies Inc from paying a special dividend ahead of its acquisition by Kroger Co, a court order showed. The court extended a block put in place by a lower court, and said the block would remain in place until a further order of …

Washington state court blocks Albertsons special dividend Read More »

By Nate Raymond (Reuters) -A federal judge on Friday tossed a lawsuit by a group of medical professionals alleging a fellowship program established by Pfizer Inc to improve diversity within its higher ranks discriminates against white and Asian-American applicants. Do No Harm, a group opposed to what it calls “radical, divisive, and discriminatory ideologies” in …

Pfizer defeats race-bias lawsuit over minority fellowship program Read More »

By Jessica DiNapoli and Hyunjoo Jin NEW YORK/SAN FRANCISCO (Reuters) -PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries to customers like Walmart and Kroger, the soda maker’s top fleet official told Reuters on Friday. PepsiCo Inc, which ordered the big trucks …

Exclusive-PepsiCo to roll out 100 Tesla Semis in 2023, exec says Read More »