(Reuters) -Digital media conglomerate Starboard said on Friday it has bought Parler for an undisclosed sum and will temporarily shut down the social media app popular with U.S. conservatives to give i[...]
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Business
Airlines, repair shops in N. America eye used, generic parts to keep aircraft flying
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, a symptom of t[...]
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US March CPI comes in on the cool side
NEW YORK (Reuters) – U.S. consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, likely ensuring that the[...]
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Britain’s Cineworld shareholders to be wiped out in restructuring plan
(Reuters) -Cineworld said on Tuesday it had filed a reorganisation plan in a Texas bankruptcy court that will effectively wipe out existing shareholdings, sending its stock to an all-time low. The fil[...]
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Oil settles lower as rate-hike worries balance tighter supplies
By Laura Sanicola (Reuters) -Oil prices settled lower on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a t[...]
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Walmart plans own EV charger network at U.S. stores by 2030
By Siddharth Cavale and Abhirup Roy NEW YORK (Reuters) – Walmart Inc plans to have its own network of electric vehicle charging stations by 2030 to tap into the growing adoption of EVs in the Un[...]
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FedEx to combine delivery units as part of $4 billion cost-cut push
By Lisa Baertlein and Kannaki Deka LOS ANGELES (Reuters) -FedEx Corp said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better com[...]
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Arbutus files patent lawsuit against Pfizer/BioNTech over COVID vaccines
(Reuters) -Arbutus Biopharma on Tuesday sued U.S. drugmaker Pfizer Inc and its German partner BioNTech SE in a New Jersey district court, claiming their mRNA COVID-19 vaccines infringe five of Arbutus[...]
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Why U.S. natural gas output keeps rising as prices sink
By Scott DiSavino (Reuters) – U.S. natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal units (mmBtu) for the second time this year, even as some[...]
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