By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Tuesday it set a yearly record for ridership and revenue, as it cut losses by 15% to $598 million and aims for operational profitability by 2028. Amtrak, which is in the midst of a massive effort to rehabilitate aging infrastructure along the busy northeast …
US passenger railroad Amtrak sets ridership record, cuts losses Read More »
By Doyinsola Oladipo NEW YORK (Reuters) -Allegiant Air pilots picketed at 22 U.S. airports on Tuesday, demanding higher pay and better scheduling as labor contract talks with the carrier have stalled after several years of negotiations. The Teamsters union, which represents nearly 1,400 Allegiant pilots, said they are among the most overworked and underpaid in the …
Allegiant pilots demand pay raise, better schedules in pickets at US airports Read More »
By Aditya Soni (Reuters) -Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a $30 billion commitment by the Claude maker to use Microsoft’s cloud services, the latest high-profile deal binding together major players in the AI industry. Nvidia will commit up to $10 billion to Anthropic and Microsoft up …
Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30 billion to Azure Read More »
By Steve Gorman and Joey Roulette CAPE CANAVERAL, Florida (Reuters) -The giant New Glenn rocket from billionaire Jeff Bezos’ space company Blue Origin launched from Florida on its debut mission for paying customers on Thursday, sending two NASA satellites toward Mars and nailing the return landing of its reusable booster for the first time. The …
Blue Origin’s New Glenn rocket deploys Mars satellites, sticks booster landing Read More »
By Siddharth Cavale (Reuters) -Target’s third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown. Target has not reported any same‑store sales growth this year, as bigger rival Walmart takes market share with its focus on essentials …
Target investors brace for market share drop, weak sales due to US shutdown Read More »
(Corrects spelling of Nicolas Jaquier in paragraph 9 of Nov 17 story with no other changes to text) By Karin Strohecker and Rodrigo Campos LONDON/NEW YORK (Reuters) -Chile’s peso and stocks strengthened, while bond yields ticked lower, as analysts viewed the first-round vote in Chile’s presidential election as potentially paving the way for more market-friendly …
Chile peso firms, stocks rally after right-wing tilt in Sunday elections Read More »
By Courtney Rozen WASHINGTON (Reuters) -Gaming platform Roblox will require users to verify their age using facial recognition software to chat with other players, a company executive said, with the goal of limiting communication between kids and adults on the platform. The company announced the new requirement amid criticism from government officials across the world …
Roblox to require age checks to use platform’s chat features Read More »
(Reuters) -A majority of small and mid-sized business owners in the U.S. expect stronger performance next year, with 74% forecasting revenue growth and nearly 60% planning to expand operations, a Bank of America survey showed. About half the business owners surveyed by BofA believe that economies from local to global will benefit from a stabilization …
US small and mid-sized businesses expect stronger 2026, BofA survey shows Read More »
(Reuters) -UnitedHealth Group said on Tuesday former U.S. Food and Drug Administration commissioner Scott Gottlieb has joined the company’s board of directors. (Reporting by Mariam Sunny in Bengaluru; Editing by Shilpi Majumdar)
By Mike Dolan – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Persistent tech sector valuation and leverage jitters, a deepening crypto drawdown and trepidation ahead of Nvidia’s quarterly results all stoked the highest volatility in a month on Wall Street. The main U.S. equity …
