NEW YORK (Reuters) -U.S. imports of biodiesel and renewable diesel slumped to a decade low in the first half of 2025 after a change in tax credits for the fuels went into effect, the U.S. Energy Information Administration said on Thursday. The U.S. this year revamped the way it awards tax credits designed to incentivize …
US biodiesel and renewable diesel imports slump after changes to tax credits Read More »
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission barred the largest pet cremation business in the U.S. from enforcing its noncompete agreements with 1,800 workers on Thursday, saying they unfairly diminish workers’ leverage with their employer. FTC Chair Andrew Ferguson said in a statement on Thursday that the action shows how the agency can …
Trump FTC takes action against worker noncompete agreements Read More »
By Allison Lampert, Tim Hepher and Gabriel Araujo (Reuters) -Embraer said on Thursday it would make a major announcement next week on what it described as a U.S. milestone for its business, joining other major aerospace companies that are moving to bolster economic ties with the United States. The September 10 announcement in Washington coincides …
Brazil’s Embraer to make ‘milestone’ announcement in U.S. next week Read More »
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) -U.S. oil producer ConocoPhillips will begin company-wide layoffs as early as Nov. 10, the company said in a state notice sent to some employees on Thursday, seen by Reuters. On Wednesday, Reuters reported that ConocoPhillips CEO Ryan Lance informed employees in a video message that the company …
ConocoPhillips to begin layoffs as early as Nov 10, company says in state notice Read More »
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration plans to propose changes to speed certification of new commercial airplanes, the Trump administration said in a notice on Thursday. The FAA said it plans to propose by December changes “to modernize certain certification standards for transport category airplanes and propulsion systems.” It said the effort …
US FAA to propose changes to speed certification of new commercial airplanes Read More »
By Jonathan Stempel (Reuters) -The U.S. government filed two lawsuits against Southern California Edison on Thursday, blaming the utility’s equipment for sparking two wildfires, including the Eaton Fire in January that damaged National Forest System lands. The lawsuits against the unit of Edison International were filed by the U.S. Department of Justice in Los Angeles …
US sues Southern California Edison, blames it for Eaton, Fairview wildfires Read More »
By Rajesh Kumar Singh and Doyinsola Oladipo (Reuters) -U.S. airlines are scrambling to grab market share from ailing Spirit Airlines. The discounter’s response? Not so fast. United Airlines on Thursday rushed to cash in on rival Spirit’s second bankruptcy filing in less than a year, beefing up its footprint in the bankrupt discount carrier’s main …
United, Frontier add airline routes to cut in on ailing Spirit Read More »
(Reuters) -Atlassian said on Thursday it will acquire New York-based startup The Browser Company for $610 million in cash, moving into the fast‑crowding market for AI‑driven browsers. Shares of the San Francisco-based company fell about 2%. Startups and incumbents are racing to embed agentic AI features to browsers, turning them into a workspace that summarizes …
Atlassian bets on AI browsers with $610 million deal for The Browser Company Read More »
(Reuters) -Paramount Skydance said on Thursday it expects all employees to return to the office five days a week starting in January next year, according to a memo seen by Reuters. The return-to-office plan will be carried out in two phases, Paramount Skydance CEO David Ellison said in the memo to employees. Ellison had in …
Paramount to mandate five-day return to office starting January, memo says Read More »
By Tom Polansek CHICAGO (Reuters) -Tyson Foods sought to reassure investors that it has succession plans in place on Thursday, after announcing this week that an executive seen by some analysts as a possible future CEO left the company over conduct violations. The meatpacker said late on Tuesday that Chief Supply Chain Officer Brady Stewart, …
Tyson Foods says it has succession plans after executive’s shock departure Read More »
