Business

US warns it could force 20% flight cuts if shutdown continues

US warns it could force 20% flight cuts if shutdown continues

By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Sean Duffy warned Friday he could force airlines to cut up to…

November 8, 2025

Nasdaq has worst week since April amid AI rally jitters, US yields slip

By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop…

November 8, 2025

OpenAI's Altman urges US to expand Chips Act tax credit for AI growth

(Reuters) -OpenAI CEO Sam Altman on Friday doubled down on the company's ask for the U.S. to expand eligibility for…

November 8, 2025

EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion

By Abhirup Roy, Akash Sriram and Ross Kerber (Reuters) -EV maker Rivian on Friday said it was giving its CEO…

November 8, 2025

Wall St ends mixed on signs of shutdown progress

By Stephen Culp NEW YORK (Reuters) -The Nasdaq closed lower but the S&P 500 and the Dow eked out late-session…

November 8, 2025

Amazon takes low-cost e-commerce service global

(Corrects details in first three paragraphs to make clear Amazon Bazaar and Amazon Haul are the same service) By Arriana…

November 8, 2025

Argentina's YPF swings to Q3 net loss on tax expenses

BUENOS AIRES (Reuters) -Argentina's state-controlled energy company YPF swung to a net loss of $198 million in the third quarter…

November 8, 2025

US Justice Department probes meatpackers, attorney general says

By Jody Godoy and Tom Polansek WASHINGTON (Reuters) -The U.S. is investigating meatpacking companies, the attorney general said on Friday,…

November 8, 2025

US EPA approves 14 small refinery biofuel waivers

(Reuters) -The Environmental Protection Agency said on Friday it approved 14 requests from small refineries for full or partial exemptions…

November 7, 2025

US equity fund inflows surge to a five-week high

(Reuters) -U.S. equity funds saw robust inflows in the week through November 5 as investors remained optimistic about corporate artificial…

November 7, 2025