Low-cost airlines shake up market for long haul flights Low-cost, long-haul air travel has taken off across the Atlantic, shaking a club of major airlines meeting in Mexico this week and forcing established flag carriers to set up budget subsidiaries or lower fares. Transatlantic routes are among the industry's most […]
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Amazon error sends some shoppers to dog photo, not product page Amazon.com Inc (AMZN.O) told some shoppers on Wednesday that there was a problem when they were trying to view product listings. "Sorry something went wrong on our end," Amazon said on a page some shoppers were sent to after […]
Judge rules Uber must disclose key document in Waymo self-driving car case A magistrate judge has ruled that Uber Technologies Inc [UBER.UL] must hand over a key document that could shed light on what its executives knew about alleged theft of trade secrets from Alphabet Inc's (GOOGL.O) Waymo self-driving car […]
Asian stocks on edge before Comey, ECB and UK election Asian shares wobbled on Thursday as investors braced for any surprises from the UK elections, the European Central Bank's policy meeting and congressional testimony from ex-FBI director James Comey who was fired by President Donald Trump last month. MSCI's broadest […]
98-year-old man donates stock now worth $2 million to wildlife sanctuary World War II and Korean War Veteran, Scoutmaster and lawyer: the list of life accomplishments goes on and on for 98-year-old Russel Gremel. But he's not done yet. Stock he bought for just $1,000 about 70 years ago — […]
U.S. job openings hit record high, skills mismatch rising U.S. job openings surged to a record high in April and employers appeared to have trouble finding suitable workers, pointing to a tightening labor market that could encourage the Federal Reserve to raise interest rates next month. The Labor Department's monthly Job […]
U.S. Justice Department opposes Wells Fargo on whistle-blower suit The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo & Co (WFC.N) by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors. The DOJ's filing concluded […]
Oil dips on glut concerns, but Mideast tension, falling U.S. stocks support Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained oversupplied, although tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were at $50.08 […]
Goldman Sachs boost rates for savers in bid to attract deposits U.S. savers who routinely scour personal finance sites for the best deposit rates are soon going to see an unusual bank at the top of the list: Goldman Sachs Group Inc (GS.N). The Wall Street bank's consumer arm, Goldman […]
U.S., Mexico reach sugar pact despite U.S. producer resistance Mexico on Tuesday conceded to U.S. demands for changes in the terms of Mexican access to the lucrative U.S. sugar market, striking a deal with Washington that will likely lift prices of the sweetener to U.S. food processors and consumers. Sugar […]
