Reuters USA

By David Shepardson WASHINGTON (Reuters) -A group representing major U.S. airlines “strongly urged” the Federal Aviation Administration (FAA) to extend a proposed deadline to June 2024 to retrofit airplane altimeters to ensure they are not susceptible to 5G wireless interference. Airlines for America (A4A), which represents American Airlines, Delta Air Lines, United Airlines and others …

U.S. airlines urge FAA to extend 5G upgrade deadline Read More »

(Reuters) -Bed Bath & Beyond’s Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a U.S. bankruptcy. The Canadian division, which operates 54 Bed Bath & Beyond stores and 11 buybuy BABY stores, is insolvent, the filing posted on …

Bed Bath & Beyond to wind down Canada operations Read More »

(Reuters) – Bed Bath & Beyond Inc has managed to stay afloat for now after raising cash to fund its operations. The company, which was on the verge of filing for bankruptcy, found temporary relief on Tuesday after it raised about $225 million in an equity offering and said it might get another $800 million …

Bed Bath & Beyond’s roller-coaster ride to potential bankruptcy  Read More »

By Jonathan Stempel (Reuters) -A U.S. judge on Friday dismissed a lawsuit accusing Robinhood Markets Inc of misleading investors about the online brokerage’s financials and growth prospects when conducting its 2021 initial public offering. U.S. District Judge Edward Chen in San Francisco found no proof that disclosures in Robinhood’s IPO materials were false or misleading, …

Robinhood wins dismissal of shareholder lawsuit over 2021 IPO Read More »

By Joseph Ax (Reuters) -Florida’s legislature on Friday voted to expand Governor Ron DeSantis’ controversial effort to relocate migrants anywhere in the United States and bolster his election police force, backing some of the Republican’s top priorities ahead of a widely anticipated 2024 White House campaign. The Republican-controlled House of Representatives approved the legislation along …

Florida lawmakers back DeSantis on transporting migrants, policing elections Read More »

PUNTA ARENAS, Chile (Reuters) – In Chile’s remote south, the country’s gateway to the Antarctic, the worst drought in half a century is hitting cattle ranchers and vegetable farmers, leaving the earth so dry in some areas that grass cannot grow for grazing. The Andean copper producing nation, currently battling deadly fires in the south-central …

‘The grass does not grow’: In Chile’s far south, the worst drought in 50 years Read More »

(Reuters) – U.S. Senator John Fetterman was discharged from George Washington University Hospital on Friday, his staff said, two days after he was admitted to the Washington, D.C., facility because he was feeling lightheaded. Fetterman, 53, suffered a stroke last year. Tests showed he did not suffer a second stroke during the latest incident, the …

U.S. Senator Fetterman discharged from hospital Read More »

By Brendan Pierson (Reuters) – Dozens of U.S. state attorneys general on Friday weighed in on a lawsuit seeking a court order blocking access nationwide to a drug used in medication abortion, with Republicans in support of the lawsuit and Democrats warning of “devastating consequences” if it succeeds. In the lawsuit, filed last year in …

U.S. states, others weigh in on court battle over abortion pill Read More »

By Dawn Chmielewski (Reuters) -Florida lawmakers on Friday granted Governor Ron DeSantis effective control of the board that oversees development in and around Walt Disney Co’s central Florida theme parks, escalating the Republican’s battle with the company. State Republicans targeted Disney after it publicly clashed with DeSantis last year over a law that restricts classroom …

Florida governor gains control over Disney district board Read More »

By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week did not alter his view that moving to smaller interest rate rises was a good strategy for the U.S. central bank, as he flagged the prospect of rate cuts in …

Fed’s Harker says small rate hikes on table, opens door to cuts next year Read More »