By David Shepardson (Reuters) -Major U.S. airlines have agreed to update computer systems by the end of 2024 to allow travelers to purchase tickets with an “X” gender marker, an airline trade group confirmed on Friday. U.S. Senator Ron Wyden, in a letter to Airlines for America Chief Executive Nick Calio that was seen by …
Major U.S. airlines to allow gender-neutral option on ticket reservations Read More »
BRASILIA (Reuters) – Brazil’s trade surplus reached $8.814 in June, official figures showed on Friday, below market expectations. Economists polled by Reuters had projected a $9.994 billion surplus for the month. The reading was the second best for the month of June, after last year, since the figures were recorded in 1989. According to the …
Brazil posts trade surplus of $8.8 billion in June Read More »
By David Randall NEW YORK (Reuters) – Concerns about a possible U.S. recession are prompting some fund managers to rotate back into the big tech and growth winners of the last decade in the hope that they can better weather an economic storm. Many stalwarts like Microsoft Corp, Apple and Google-parent Alphabet Inc have suffered …
Analysis-Some investors bet top growth stocks will thrive in U.S. recession Read More »
(Reuters) – Bitcoin dropped 6.1% to $18,866.77 at 2004 GMT on Thursday, putting the biggest and best-known cryptocurrency down $1,226.41 from its previous close and down 60.9% from the year’s high of $48,234 on March 28. Several big players in the cryptocurrency markets have had difficulties, and further declines could force other crypto investors to …
Bitcoin falls below $19,000, further shaking crypto markets Read More »
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – New U.S. data for May showed little immediate relief from the record pace of inflation pushing the Federal Reserve toward another oversized interest rate increase next month, but it did add to a developing sense that the worst may be over. Inflation as measured by the …
U.S. inflation data offer no quick relief to Fed, but hint at a peak Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices forced cutbacks on purchases of other goods, another sign that the rebound in economic growth early in the second quarter was losing steam. Though the report from the Commerce Department on Thursday …
U.S. consumer spending, underlying inflation slow in May Read More »
(This June 28 story corrects paragraph 5 to say that no injuries were reported after FDA clarifies) (Reuters) – U.S. health regulators on Tuesday classified the recall of some backup batteries of GE Healthcare’s ventilators, which the company had initiated in mid-April, as the most serious type, saying that their use could lead to injuries …
U.S. FDA classifies recall of GE’s ventilator batteries as most serious Read More »
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Micron Technology Inc projected fourth-quarter revenue and profit below market estimates on Thursday, a sign that geopolitical turmoil and weakness in consumer spending would weigh on demand for its memory chips. Shares of the Boise, Idaho-based company initially fell 6.3% in extended trading but later pared losses …
Micron’s weak outlook sparks concerns of chip down cycle Read More »
ANKARA (Reuters) – Turkey’s RTUK media watchdog has blocked access to U.S.-based Voice of America and German broadcaster Deutsche Welle for not applying for the licenses it requests, a member of the watchdog said on Thursday. In February, Deutsche Welle and Voice of America (VOA) said they would not apply for licences in Turkey as …
(Reuters) – Shares of Air Canada closed down 6% on Thursday after the carrier trimmed its domestic flight schedule this summer, as North American airlines wrestle with labor shortages, delays and cancellations as travel rebounds. Canada’s largest carrier said late on Wednesday it would cut its schedule to reduce passenger flows to manageable levels, while …
Air Canada shares fall after carrier cuts domestic flight schedule Read More »
