Business

Lack of air traffic controllers hits almost half of major US airports

Lack of air traffic controllers hits almost half of major US airports

By David Shepardson and Kanishka Singh WASHINGTON (Reuters) -Nearly 50% of the 30 busiest U.S. airports are grappling with shortages…

November 3, 2025

Westpac profit dips but beats forecasts as bad debts remain low

(Reuters) -Australia's Westpac Banking Corp on Monday reported a decline in annual profit but topped analyst forecasts, as resilient credit…

November 3, 2025

Bessent says high US interest rates may have caused housing recession

By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high interest…

November 3, 2025

Air traffic control absences surge, hitting almost half of major US airports

By David Shepardson and Kanishka Singh WASHINGTON (Reuters) -Nearly 50% of the 30 busiest U.S. airports faced shortages of air…

November 3, 2025

Australian lender Westpac's annual profit falls 2%

(Reuters) -Australia's Westpac Banking Corp reported a 2% fall in annual profit on Monday, hurt by higher costs due to one-off restructuring…

November 3, 2025

Westpac profit dips as costs bite but beats estimates as credit quality improves

(Reuters) -Australia's Westpac reported a 2% fall in annual profit on Monday but beat analyst estimates, as better-than-expected credit quality…

November 3, 2025

US to announce Nexperia's China facilities will resume shipments, source says

By David Shepardson WASHINGTON (Reuters) -The White House plans to announce that Dutch chipmaker Nexperia's China facilities will resume shipments,…

November 3, 2025

US to announce Nexperia's China facilities will resume shipments, source says

By David Shepardson WASHINGTON (Reuters) -The White House plans to announce that Dutch chipmaker Nexperia's China facilities will resume shipments,…

November 3, 2025

Obamacare premiums double, adding post Halloween fright for US health insurance shoppers

By Amina Niasse, Nathan Layne and Andy Sullivan NEW YORK/WASHINGTON (Reuters) -Americans shopping for 2026 Obamacare health insurance plans are…

November 3, 2025

US retailers left short-changed as penny production ends

By Jarrett Renshaw (Reuters) -Now that the United States no longer makes pennies, there is a scramble among gas stations,…

November 3, 2025