US tentatively approves budget carrier Wizz Air's request to operate UK-US flights
WASHINGTON, March 5 (Reuters) - The U.S. Transportation Department on Thursday granted tentative approval for budget carrier Wizz Air to operate flights between the UK and the United States. The airline's UK subsidiary petitioned in January for...
46m ago
Nike records $300 million in restructuring charges after recent layoffs
March 5 (Reuters) - Nike will record about $300 million in pre-tax charges related to severance costs from a restructuring push at the footwear maker as CEO Elliott Hill looks to contain a margin bleed and refresh its product mix to revive sales....
54m ago
Trading Day: War fuels stagflation fears
ORLANDO, Florida, March 5 (Reuters) - Stocks sank on Thursday and another surge in oil prices sent bond yields shooting higher, as the spiraling conflict across the Middle East raised investor fears over energy supplies, higher inflation and slower gro...
58m ago
Justin Sun settles SEC fraud case for $10 million
NEW YORK, March 5 (Reuters) - The U.S. Securities and Exchange Commission has agreed to settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, with one of Sun's companies paying a $10 million penalty, a court filing s...
1h ago
Amazon down for thousands of users in US, Downdetector shows
March 5 (Reuters) - E-commerce website Amazon was down for thousands of users in the U.S. on Thursday, according to Downdetector.com. There were more than 19,800 reports of issues with the website as of 03:19 p.m. ET, according to Downdetector, ...
2h ago
Trump can suspend refugee admissions, US appeals court rules
By Nate Raymond March 5 (Reuters) - A U.S. appeals court on Thursday ruled that President Donald Trump had the authority to indefinitely suspend admissions of foreign citizens seeking to enter the United States under the U.S. refugee resettlement prog...
2h ago
Pentagon informed Anthropic it is a supply chain risk, official says
March 5 (Reuters) - The Department of Defense informed AI lab Anthropic on Thursday that it is a supply chain risk effective immediately, according to a Pentagon official. (Reporting by Mike Stone in Washington D.C.; Editing by Mar...
2h ago
Report: Broncos, OL Alex Palczewski agree on 2-year deal
The Denver Broncos agreed to terms on a two-year contract with offensive lineman Alex Palczewski, NFL Network reported on Thursday. Palczewski, 26, started 10 of the 17 regular-season games he played last season -- replacing injured starter Ben ...
2h ago
Republican lawmaker urges Bessent to guard against Chinese investment
By Michael Martina and David Lawder WASHINGTON, March 5 (Reuters) - Reviving market access to Chinese industrial firms would undercut U.S. President Donald Trump's efforts to rebuild American manufacturing, the head of a congressional committee on Chin...
2h ago
China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say
By Jonathan Saul and Marwa Rashad LONDON, March 5 (Reuters) - China is in talks with Iran to allow crude oil and Qatari liquefied natural gas vessels safe passage through the Strait of Hormuz as the U.S.-Israeli war on Tehran intensifies, three diplom...
2h ago
