Reuters US Business

Amazon targets April 9 launch of first Kuiper internet satellites

By Joey Roulette WASHINGTON (Reuters) -Amazon.com said on Wednesday it plans to launch the first 27 satellites for its Project Kuiper internet network next week, pinning down a long-awaited start to the company’s plan to deploy a massive constellation that will rival Elon Musk’s Starlink system. In a statement, Amazon said it will launch the …

Amazon targets April 9 launch of first Kuiper internet satellites Read More »

Boeing working with DOJ on revised plea deal in 737 MAX fraud case, CEO says

By David Shepardson WASHINGTON (Reuters) – Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate …

Boeing working with DOJ on revised plea deal in 737 MAX fraud case, CEO says Read More »

Meta signs multi-year partnership with UFC

(Reuters) – Meta Platforms has signed a multi-year deal to become the first “official fan technology partner” of Ultimate Fighting Championship (UFC), whose CEO was elected to the Facebook-parent’s board in January. Under the deal, Meta will provide UFC fans a deeper immersive experience through its services, with its text-based platform, Threads, becoming the league’s …

Meta signs multi-year partnership with UFC Read More »

US FAA boosting staffing at Washington airport, may slow arrivals

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Wednesday it may slow flight arrivals at Reagan Washington National Airport after a January 29 collision between a helicopter and an American Airlines regional jet killed 67 people. The FAA also said it is increasing operational supervisor staffing from six to eight and was …

US FAA boosting staffing at Washington airport, may slow arrivals Read More »

US Supreme Court largely backs FDA’s denial of flavored vape product applications

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday largely backed the U.S. Food and Drug Administration’s refusal to let two e-cigarette companies sell flavored vape products that regulators consider a health risk to youths. The justices threw out a lower court’s decision that the FDA had failed to follow proper legal procedures …

US Supreme Court largely backs FDA’s denial of flavored vape product applications Read More »

Proxy adviser ISS recommends against Pfizer executive pay proposal

By Bhanvi Satija (Reuters) -Institutional Shareholder Services has recommended Pfizer investors reject a proposal on executive compensation at its upcoming annual meeting, citing concerns about certain changes made to long-term awards to its CEO and others. The modifications, including repeated changes to Pfizer’s cash flow targets, and a lack of clarity about certain pipeline goals …

Proxy adviser ISS recommends against Pfizer executive pay proposal Read More »

Trump administration adds beer, can imports to 25% US aluminum tariffs

By David Lawder WASHINGTON (Reuters) -The Trump administration on Wednesday said it was slapping a 25% tariff on all beer imports, adding the beverage and empty aluminum cans to a list of derivative products subject to its tariffs on aluminum. The Commerce Department said in a Federal Register notice that duties on beer and empty …

Trump administration adds beer, can imports to 25% US aluminum tariffs Read More »

Canada’s Trans Mountain pipeline lowers forecasts for amount of oil it ships

By Amanda Stephenson CALGARY (Reuters) – Canada’s Trans Mountain oil pipeline has downgraded forecasts for the amount of oil expected to flow through its system over the next three years, documents filed by the operator show, as use of the newly expanded pipeline increases more slowly than expected. The lower forecasts, filed by Trans Mountain …

Canada’s Trans Mountain pipeline lowers forecasts for amount of oil it ships Read More »

Trump administration weighs new coal leases at North Dakota mine

(Reuters) – The Trump administration on Tuesday took a key step toward leasing new areas to a North Dakota coal mine that is proposing to operate through 2045. WHY IT MATTERS The publication of a draft environmental analysis of new lease areas for North Dakota’s Freedom Mine is aligned with President Donald Trump’s goal to …

Trump administration weighs new coal leases at North Dakota mine Read More »

Close Bitnami banner
Bitnami