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Fidelity, Morgan Stanley prepare for continued COVID-19 concerns

13 Dec 2021

By Ross Kerber, Elizabeth Dilts Marshall and Matt Scuffham BOSTON/NEW YORK (Reuters) – Asset management firm Fidelity Investments on Monday said it had paused some voluntary return-to-office plans while Morgan Stanley’s CEO said he expects COVID-19 to be an issue through the next year, in a further sign that America’s financial industry is rethinking its …

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Virgin Australia switches U.S. partner to United from Delta

13 Dec 2021

SYDNEY (Reuters) -Virgin Australia said on Tuesday it would enter a new codeshare and loyalty partnership with United Airlines from April 2022, replacing a longstanding partnership with Delta Air Lines on U.S. routes. Virgin last year stopped flying from Australia to Los Angeles but had maintained a relationship with Delta in competition with a rival …

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Motiva restarts crude unit at Port Arthur, Texas, refinery -sources

13 Dec 2021

HOUSTON (Reuters) -Motiva Enterprises on Monday restarted the second-largest crude distillation unit (CDU) and small coker at its 607,000-barrel-per-day Port Arthur, Texas, refinery, said sources familiar with plant operations. A Motiva spokesperson declined to comment. The 195,000-bpd VPS-4 CDU and 54,000-bpd coker were among units shut at the Motiva refinery, the nation’s largest, on Sunday …

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U.S. Senate committee faults FAA oversight of Boeing

13 Dec 2021

By David Shepardson WASHINGTON (Reuters) – A U.S. Senate report released on Monday said the Federal Aviation Administration must do a better job overseeing Boeing Co and the certification of new airplanes, as well as review allegations raised by seven industry whistleblowers. The 97-page Commerce Committee report from Senator Maria Cantwell includes concerns raised in …

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Chickens, tractors, grain silos destroyed by deadly U.S. tornadoes

13 Dec 2021

By Tom Polansek CHICAGO (Reuters) -A Deere & Co dealership and a Pilgrim’s Pride Corp chicken hatchery were destroyed when deadly tornadoes swept through Kentucky on Friday, while silos holding millions of bushels of corn suffered damage, the companies and the state’s agriculture commissioner said on Monday. At least 64 people, including six children, lost …

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U.S. Supreme Court rejects religious challenge to New York vaccine mandate

13 Dec 2021

By Andrew Chung (Reuters) – The U.S. Supreme Court on Monday rejected challenges brought by a group of Christian doctors and nurses and an organization that promotes vaccine skepticism to New York’s refusal to allow religious exemptions to the state’s mandate that healthcare workers be vaccinated against COVID-19. Acting in two cases, the justices denied …

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