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By Gleb Bryanski, Darya Korsunskaya and Gleb Stolyarov MOSCOW (Reuters) – Russian officials and managers are perplexed by President Vladimir Putin’s surprise threat to limit exports of strategic commodities in response to Western sanctions, and wonder if it can be realised without hurting Russia more than the West. Putin made the suggestion 23 minutes into …

Putin’s commodities ban threat puzzles Russian firms and officials Read More »

By Allison Lampert and Abhijith Ganapavaram (Reuters) -A strike beginning Friday by more than 30,000 of Boeing’s U.S. West Coast factory workers will make it harder for the planemaker to meet a 737 MAX production target and stabilize its supply chain, CFO Brian West said on Friday. West also told the Morgan Stanley Laguna Conference …

Boeing strike poses challenge to MAX targets, supply chain, CFO says Read More »

By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and the pace at which it will reduce borrowing costs in coming months. The S&P 500 index is just 1% shy …

Size, speed of rate moves in focus as Fed poised to start cuts Read More »

By Valerie Volcovici and Leah Douglas WASHINGTON (Reuters) – The U.S. Environmental Protection Agency has found that Archer-Daniels-Midland violated federal safe drinking water rules and its underground injection permit with a leak at the first major U.S. underground carbon sequestration facility in Illinois, the agribusiness company confirmed on Friday. The Illinois Industrial Carbon Capture and …

ADM violates US water laws, permit after leak at carbon capture project Read More »

By Nia Williams and Rajesh Kumar Singh (Reuters) – Air Canada and its pilots are locked in a standoff over a new labor contract and face a deadline by Sunday to reach a deal that would avert strike action. WHERE DO THE TALKS STAND? If the two parties do not reach an agreement by the …

Explainer-How likely is an Air Canada strike and what impact would it have? Read More »

By Laura Matthews NEW YORK (Reuters) – A federal judge on Thursday cleared the path for Americans to use derivatives to bet on events such as the outcome of U.S. elections, dealing another blow to the regulator overseeing the market. Predictions marketplace KalshiEX LLC sought to list contracts that would let users bet on whether …

US judge allows election betting, dealing blow to markets regulator Read More »

(Reuters) – Occidental Petroleum’s carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy’s Office of Clean Energy Demonstrations has committed up to $500 million to support the development of its South Texas Direct Air Capture (DAC) Hub. The facility had previously received funding from BlackRock, the world’s largest asset …

Occidental’s 1PointFive secures funding of up to $500 million from US DOE Read More »

By Allison Lampert (Reuters) – Boeing faces a likely strike on Friday by more than 30,000 workers that could shutter its Seattle-area plane factories over demands for a bigger pay increase than the 25% over four years that union leaders agreed to. If there is no strike, the unionized workers could have to swallow a …

Explainer-Union rules set high bar to Boeing U.S. worker strike Read More »

WASHINGTON (Reuters) – The chair of the National Transportation Safety Board told new Boeing Co CEO Kelly Ortberg that the planemaker “has a safety culture problem” that must be addressed. NTSB Chair Jennifer Homendy told reporters on the sidelines of an event in Washington that she told Boeing’s new chief executive in a recent conversation …

NTSB chair tells Boeing CEO that planemaker has safety culture problem Read More »

By Rajesh Kumar Singh (Reuters) -A standoff between Air Canada and its pilots over a new labor contract escalated on Thursday, as the airline took the unusual step of saying Ottawa should be ready to intervene to head off a strike. The pilots’ union warned the federal government against such a step, saying it would …

Air Canada seeks government action as standoff with pilots escalates Read More »