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Star Entertainment’s Sydney casino licence suspension extended till September

(Reuters) – Australian embattled casino operator Star Entertainment said on Friday that its casino licence for Star Sydney will remain suspended until at least September 30, as advised by the New South Wales Independent Casino Commission (NICC). Star also noted that the NICC-appointed manager, Nick Weeks, will continue to have oversight of casino operations at …

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Musk says a great wrong is being done to Tesla staff, customers -Fox News

(Reuters) – Tesla Chief Executive Elon Musk said on Wednesday that a great wrong was being done to Tesla employees and customers when asked on Fox News’ “Special Report with Bret Baier” about incidents at dealerships that include arson attacks. Tesla has become a target of activists opposed to the political agenda of President Donald …

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Australia’s competition watchdog authorises Virgin-Qatar Airways alliance

(Reuters) -Australia’s competition regulator said on Friday it had granted authorisation to Virgin Australia and Qatar Airways to operate flights between Doha and Sydney, Melbourne, Brisbane and Perth under an integrated alliance for five years. The Australian Competition and Consumer Commission (ACCC) had backed the alliance in February, after it gave its interim approval to …

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Fed’s Barkin: Auto firms under tariffs will face tough choices on pricing, margins

By Howard Schneider LEXINGTON, Virginia (Reuters) – Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has set on imported cars, but added firms will have difficult choices ahead on pricing and profit margins. “My instinct is that the blunt …

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NASA, Boeing to start testing Starliner for next flight aimed at early 2026

(Reuters) – NASA said on Thursday it was moving toward certifying Boeing’s CST-100 Starliner for crewed flights later this year or by early 2026 after its inaugural mission to the International Space Station was marred by a system fault, forcing an extended stay. The agency is working with Boeing to resolve the Starliner’s faulty propulsion …

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Reddit, X back up after outages impact US users, Downdetector shows

(Reuters) -Social media platforms X and Reddit were back online after thousands of users in the U.S. experienced disruptions on Thursday, according to outage tracking website Downdetector.com. On its status page, Reddit confirmed degraded performance that affected the website at 3:16 p.m. ET. More than 33,000 incidents were reported at the peak of Reddit’s outage, …

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Lululemon says slow consumer spending, tariffs hurt annual forecast

By Neil J Kanatt and Anuja Bharat Mistry (Reuters) -Lululemon Athletica said on Thursday that economic uncertainty was dampening demand for its pricey athleisure apparel and U.S. tariffs on imports from China and Mexico had squeezed its forecast for the year. Lululemon’s shares fell 10% in after-hours trading. The company’s annual revenue and profit outlook …

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Fed’s Collins says it is clear tariffs will drive inflation up near term

By Michael S. Derby (Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. “It looks inevitable that tariffs are going to increase inflation in the near term” and it seems more likely …

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Liberty CEO Gusek sees modest impact of steel tariffs on oilfield services

By Shariq Khan NEW YORK (Reuters) – Oilfield service providers will face modest hits to earnings from U.S. President Donald Trump’s decision to impose tariffs on steel imports, Liberty Energy Chief Executive Ron Gusek said on Thursday. Trump imposed 25% tariffs on steel and aluminum on March 12, and more could be coming April 2. …

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