(Reuters) -GE Aerospace said on Friday it had secured a contract from the U.S. Air Force valued up to $5 billion. The contract supports the U.S. government’s foreign military sales program for F110-GE-129 engines, which power F-15 and F-16 fighter aircraft, the company said. Under an indefinite delivery/indefinite quantity (IDIQ) contract, GE will deliver an …
GE Aerospace secures $5 billion U.S. Air Force contract Read More »
By David Shepardson WASHINGTON (Reuters) -Major air carriers on Friday challenged a U.S. appeals court ruling in January that the Transportation Department has the authority to write airline fee disclosure rules. A three-judge panel of the 5th Circuit Court of Appeals blocked the Biden administration’s 2024 rule requiring upfront disclosure of airline service fees from …
Major air carriers challenge ruling on Biden airline fee rules Read More »
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. Vice President JD Vance expects the general terms of an agreement to resolve the ownership of social media platform TikTok in time for an April 5 deadline, according to two White House officials. TikTok’s fate has been up in the air since a law requiring its …
Vice President Vance expects framework of TikTok deal by April 5 Read More »
(Reuters) – Kohl’s on Friday changed the title of its chief DEI officer and broadened its supplier diversity program in response to President Donald Trump’s push to dismantle the practice in the federal government and private sector. “We have evolved our framework to focus on inclusion and belonging,” said Michelle Banks, whose title changed from …
Kohl’s changes DEI officer title, broadens supplier diversity program Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer sentiment plunged to a nearly 2-1/2-year low in March and inflation expectations soared amid worries that President Donald Trump’s sweeping tariffs, which have ignited a trade war, would boost prices and undercut the economy. The deterioration in sentiment and inflation expectations reported by the University of Michigan Surveys …
US consumer sentiment plunges on tariff fears, inflation expectations jump Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets World markets on Friday ended another choppy week on an upbeat note as investors pushed aside growing concerns over the global trade war and bought back beaten down stocks, although few will be confident a definitive market bottom …
Morning Bid: Turbulent week ends with Friday flourish Read More »
By Adriana Barrera and Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexican state energy company Pemex is in talks with Carlos Slim which could see the billionaire tycoon help bankroll two of the country’s most promising crude oil and natural gas fields, sources familiar with the matter told Reuters. The negotiations, which have not been previously …
By Jonathan Stempel (Reuters) – The U.S. Supreme Court declined on Friday to halt a Financial Industry Regulatory Authority proceeding to expel one of its members, broker-dealer Alpine Securities, in a case challenging the constitutionality of the Wall Street’s self-regulator’s enforcement power. Chief Justice John Roberts denied Alpine’s request to stop the FINRA proceeding, while …
US Supreme Court allows FINRA proceedings against Alpine Securities Read More »
(Reuters) -Boeing on Friday appointed Don Ruhmann as its new chief aerospace safety officer, as the planemaker works to rebuild its reputation amid ongoing challenges. Ruhmann, who joined Boeing in 1989, was most recently vice president of Airplane Development at Boeing Commercial Airplanes, where he led design and certification work for the newest members of …
Boeing names Don Ruhmann as chief aerospace safety officer Read More »
By Laila Kearney HOUSTON (Reuters) – Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week. Energy use for U.S. data centers, …
Chevron advances plans to develop US data centers with power generation Read More »
