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Alimentation Couche-Tard misses quarterly revenue estimates on lower fuel demand

(Reuters) -Canadian retailer Alimentation Couche-Tard missed third-quarter revenue estimates on Tuesday, hurt by sluggish demand in its convenience stores and fuel businesses amid rising inflationary pressures. Consumers facing financial strain have increasingly scaled back on expensive as well as non-essential purchases, prompting growing concern among retailers including Circle-K owner Couche-Tard. U.S. retail giants such as …

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Tesla gets first in a series of permits it needs to run robotaxis in California

SAN FRANCISCO (Reuters) -Tesla on Tuesday received the first in a series of approvals from California required for the electric car maker to eventually launch a promised robotaxi service in the state, according to a state regulator. The California Public Utilities Commission (CPUC) said it approved Tesla’s application for a transportation charter-party carrier permit (TCP), …

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Pfizer to sell entire Haleon stake

(Reuters) -Pfizer will sell its remaining stake in British consumer healthcare group Haleon, the companies said on Tuesday. Pfizer will sell about 662 million ordinary shares, or 7.3%, of Haleon, created in a merger of GSK and Pfizer’s consumer healthcare businesses in 2019, and spun off in 2022. Under the deal, the Sensodyne maker has …

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Brazil unveils broader income tax exemption plan as Lula seeks to regain popularity

By Marcela Ayres BRASILIA (Reuters) -Brazil’s government on Tuesday unveiled a long-promised plan to exempt individuals earning up to 5,000 reais ($881.27) per month from income tax, with the revenue gap set to be covered by new levies on high earners and profits and dividends sent abroad. The proposal, initially announced late last year when …

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Southwest jet came within 200 feet of business jet in Chicago near-miss

By David Shepardson (Reuters) – A Southwest Airlines flight was less than 200 feet behind a business jet when the Southwest pilot aborted the landing and made an emergency maneuver to narrowly avoid a collision at Chicago Midway Airport on February 25, U.S. safety officials said on Tuesday. A FlexJet Challenger business jet entered the …

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Exclusive-Gates warns White House he can’t fill shortfalls in US global health funding

By Jennifer Rigby and Jonathan Landay LONDON (Reuters) -Bill Gates is personally lobbying Trump administration officials to keep funding health programs worldwide, from childhood vaccination to HIV treatment, and warning that his foundation cannot step in to fill gaps, two sources familiar with the matter told Reuters.     Gates, the billionaire Microsoft co-founder turned global health …

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Meta vows to curtail false content, deepfakes ahead of Australia election

SYDNEY (Reuters) – Facebook and Instagram-owner Meta Platforms said on Tuesday its independent fact-checking program in Australia would help detect and remove false content and deepfakes, as it aims to curb misinformation ahead of a national election due by May. In a blog post, the social media company said any content that could lead to …

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Mexico’s Pemex is in talks with Slim about Ixachi investment, president confirms

MEXICO CITY (Reuters) – Mexican state energy company Pemex is in talks with companies owned by billionaire investor Carlos Slim about an investment in the country’s most important natural gas field, Ixachi, President Claudia Sheinbaum said on Tuesday. Reuters revealed last week that officials at Pemex and Slim’s companies were considering a so-called mixed contract …

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USDOJ in talks with Southwest Airlines to resolve delayed flights lawsuit

By David Shepardson WASHINGTON (Reuters) – The Justice Department on Tuesday said it is in talks with Southwest Airlines about potentially resolving a suit filed by the Biden administration accusing the carrier of illegally operating chronically delayed flights. The U.S. Transportation Department in January said Southwest had operated unrealistic schedules, and said it was seeking …

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