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The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos, Brazil February 28, 2018.

Planemaker Embraer CEO says supply chain has been improving

Gabriel Araujo |Updated 12 minutes ago |1 min read

By Gabriel Araujo SAO JOSE DOS CAMPOS (Reuters) - The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain. Francisco Gomes Neto told reporters at an ...

The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters as Chairman Sheila Bair announces the bank and thrift industry earnings for the fourth quarter 2010, in Washington, February 23, 2011.REUTERS/Jason Reed/File Photo

US regulators set to seize Republic First Bancorp, WSJ reports

Reuters |Updated 2 minutes ago |1 min read

(Reuters) - U.S. regulators are set to seize Republic First Bancorp and are nearing a deal to sell it to another lender, the Wall Street Journal reported on Friday citing people familiar with the matter. The deal could be announced as soon as ...

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023.

Google plans $3 billion data center investment in Indiana, Virginia

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia. A boom in artificial intelligence applications has increased the demand for cloud computing, ...

The logo and ticker for L3Harris are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019.

L3Harris cuts 5% workforce in cost-saving measure

Reuters |Updated 1 hour ago |1 min read

(Reuters) - U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday. The announcement confirms a Reuters ...

The logo of Deutsche Bank is seen on the roof of a building outside a Deutsche Bank branch office in Malaga, Spain, April 24, 2024.

Deutsche Bank to make provision for Postbank suit that will hit Q2 profit

Reuters |Updated 2 minutes ago |2 min read

BERLIN (Reuters) - Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability. Germany's flagship lender ...

American Airlines aircraft are parked at Ronald Reagan Washington National Airport in Washington, U.S., August 8, 2016.

American Airlines to adjust routes amid Boeing 787 delivery delays

Reuters |Updated 2 hours ago |1 min read

(Reuters) - American Airlines will be making adjustments to certain routes in the second half of 2024 and the first quarter of 2025, the carrier said on Friday, citing ongoing Boeing 787 delivery delays. "We're making these adjustments now to ...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

Lofty US stocks leave investors punishing earnings disappointments

Lewis Krauskopf |Updated 2 minutes ago |3 min read

(In paragraph 9, please read: "The benchmark 10-year Treasury yield hit 4.74% this week", not "hit 5.74%") By Lewis Krauskopf NEW YORK (Reuters) -Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the ...

The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.

Tesla to lay off 693 employees in Nevada, government notice says

Reuters |Updated 22 minutes ago |1 min read

SAN FRANCISCO (Reuters) -Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition. The notice ...

Tesla CEO Elon Musk attends a conference organized by the European Jewish Association, in Krakow, Poland, January 22, 2024.

X tells Brazil court 'operational faults' allowed blocked users to remain active

Ricardo Brito |Updated 2 hours ago |2 min read

By Ricardo Brito BRASILIA (Reuters) - Lawyers representing X in Brazil told the Supreme Court on Friday that "operational faults" have allowed users who were ordered blocked to stay active on the social media platform. Supreme Court Justice ...

SaltWire

New York affordable internet law revived by federal appeals court

Jonathan Stempel |Updated 2 hours ago |2 min read

By Jonathan Stempel NEW YORK (Reuters) - A divided federal appeals court revived a 2021 New York state law intended to provide affordable high-speed internet service to low-income families, setting aside a permanent injunction and handing a ...

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