By David Shepardson WASHINGTON (Reuters) -Southwest Airlines agreed to a record-setting $140 million civil penalty over the December 2022 holiday meltdown that led to 16,900 flight cancellations and stranded 2 million passengers, the U.S. government said on Monday. The U.S. […]
Southwest Airlines agrees to $140 million penalty over 2022 holiday meltdown Read More »
(Reuters) -Adobe on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to “no clear path” for approvals from antitrust regulators in the European Union and the UK. Britain’s competition watchdog earlier said on Monday that
Adobe, Figma to terminate $20 billion deal over regulatory hurdles Read More »
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by other lenders as too risky
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By Nell Mackenzie and Samuel Indyk LONDON (Reuters) -U.S. stock futures looked to open a few ticks higher, while the dollar steadied at the start of a week which includes a Bank of Japan policy announcement and a key reading
Global shares dip, while dollar steadies; eyes on BOJ Read More »
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by other lenders as too risky
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By Alex Lawler LONDON (Reuters) -Oil rose on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions, although scepticism around Russia’s plan to cut exports in December limited gains. BP has
Oil rises on Red Sea jitters, ample supply weighs Read More »
(Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got “a little bit ahead” of the central bank on when to expect interest rate rates, the Financial Times reported on Monday. “The next phase is
By Mike Stone WASHINGTON (Reuters) – When the Pentagon pulled the world’s biggest defense contractors into a meeting to tell them to ramp up production shortly after Russia invaded Ukraine, one CEO hesitated, saying they did not want to be
Wars raise profit outlook for US defense industry in 2024 Read More »
By Nell Mackenzie and Wayne Cole LONDON/SYDNEY (Reuters) -World stocks slipped on Monday, while the dollar steadied ahead of a week including a Bank of Japan policy announcement and a key reading on U.S. inflation. Iranian-backed Houthi militants have stepped
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A look at the day ahead in U.S. and global markets from Mike Dolan Despite a tentative pushback from central banks against what some see as excessive interest rate cut bets for next year, U.S. markets retained the warm holiday
Marketmind: Markets brazen Fed pushback, BOJ up next Read More »
