By Joey Roulette WASHINGTON (Reuters) – Boeing’s troubled Starliner capsule that left two NASA astronauts on the International Space Station last year may need to fly a third uncrewed test flight before it carries astronauts again, agency officials said as the spacecraft’s first crew had to return to Earth on a SpaceX capsule this week. …
NASA may require Boeing’s Starliner to fly third uncrewed test Read More »
By Timothy Gardner WASHINGTON (Reuters) -U.S. President Donald Trump’s administration granted Venture Global LNG approval on Wednesday to export natural gas from a proposed Louisiana facility that had faced delays under former President Joe Biden. The approval comes as Trump seeks to vastly expand U.S. oil and gas production and exports as part of what …
Trump administration approves Venture Global LNG exports from Louisiana project Read More »
By Sriparna Roy and Amina Niasse (Reuters) -UnitedHealth Group’s pharmacy benefit manager, Optum Rx, said on Wednesday it would ease requirements to get insurance authorization when renewing prescriptions on about 80 drugs, aiming to reduce paperwork for patients and doctors. The list, which could be expanded over time, will eliminate up to 25% of reauthorization …
UnitedHealth eases rules on renewing some prescription drugs Read More »
By Nicole Jao (Reuters) – Oil prices edged up on Wednesday after U.S. government data showed a draw in fuel inventories, but the Federal Reserve’s decision to hold interest rates steady capped gains. Brent crude futures settled up 22 cents, or 0.31%, to $70.78 a barrel. U.S. West Texas Intermediate crude (WTI) closed 26 cents, …
Oil rises on US fuel demand, Fed rate decision caps gains Read More »
(Reuters) -Starboard Value on Wednesday launched a boardroom battle at Autodesk, raising concerns over the design software maker’s margins and intensifying the activist investor’s prolonged struggle to effect changes at the company. Starboard, which holds a $500 million stake in Autodesk, intends to nominate a minority slate of director candidates for election at the 2025 …
Activist Starboard launches boardroom battle at Autodesk over margin concerns Read More »
By Scott DiSavino (Reuters) -U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 19.5 cents, or 4.8%, to settle at $4.247 …
US natgas prices jump 5%to one-week high on record LNG flows, daily output drop Read More »
LONDON (Reuters) – Subscription streaming boosted global recorded music revenues for a tenth straight year in 2024, by 4.8% to $29.6 billion, an industry group said on Wednesday, while urging policymakers to protect artists from copyright threats by artificial intelligence developers. Subscriber numbers rose 10.6% to 752 million worldwide, the International Federation of the Phonographic …
Music revenues rise again in 2024, boosted by streaming subscriptions, report shows Read More »
By Jayla Whitfield-Anderson (Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it. “I’ll say I’m nervous,” says Fettes, a senior director of risk …
Choppy Trump policies, stocks drop has some rethinking retirement plans Read More »
By Luciana Magalhaes and Ana Mano SAO PAULO (Reuters) – Brazilian meat processor JBS’ decision to pursue a U.S. listing has shone a spotlight on its No. 2 shareholder, National Development Bank’s (BNDES) investment arm, and whether the company’s move clashed with the bank’s core mission of fostering Brazilian corporate development. JBS, the world’s biggest …
JBS’ pursuit of dual share listing created dilemma for BNDES Read More »
(Reuters) – Brookfield Asset Management is emerging as the frontrunner to acquire Colonial Pipeline, in a deal that could value the pipeline operator at $10 billion or more including debt, Bloomberg News reported on Wednesday, citing people familiar with the matter. The investment firm is seen as the strongest contender after final offers were submitted …
Brookfield leads race to buy Colonial Pipeline, Bloomberg News reports Read More »
