Jitters push Treasury yields, dollar to seven-month lows
LONDON (Reuters) – U.S. Treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the United States to the Middle East and weakness in commodity markets pushed investors away from risky as…
Oil slips on worries about Mideast rift, U.S. production growth
NEW YORK (Reuters) – Oil prices slipped further below $50 a barrel on Tuesday on concerns that an OPEC effort to tighten the market could be coming under pressure from a diplomatic rift in the Middle East and from sustained high inventories in the Unit…
Lufthansa CEO says optimistic regarding demand
CANCUN, Mexico (Reuters) – Demand for Lufthansa flights is better than expected this year, with traffic from the United States and Asia developing well, the carrier’s chief executive said on Monday.
U.S. judge may tap Feinberg to run $1 billion Takata compensation fund
WASHINGTON (Reuters) – A federal judge may tap attorney and longtime compensation adviser Kenneth Feinberg to oversee claims for nearly $1 billion that Takata Corp will pay out to victims of defective air bag inflators linked to numerous deaths and in…
Tesla, Sunrun expected to resume Nevada rooftop solar sales
(Reuters) – U.S. solar companies Tesla Inc and Sunrun Inc on Monday said they would resume selling rooftop panels in Nevada because legislators passed a bill reinstating a policy the state had abandoned 18 months ago.
Amazon-Apple TV deal shows tough road to cooperation for tech rivals
SAN FRANCISCO, (Reuters) – A deal bringing Amazon Prime Video to Apple TV, announced on Monday at Apple Inc’s developer conference after years of talk, shows how competitive tensions among Silicon Valley titans can stand in the way of serving customers…
U.S. judge orders Dish to pay $280 million fines, damages in telemarketing lawsuit
WASHINGTON/NEW YORK (Reuters) – A federal judge in Illinois on Monday ordered Dish Network Corp to pay $280 million in penalties to the U.S. government and four states in an eight-year-old “robocall” telemarketing lawsuit.
Laptop ban tied to fear of direct detonation: United CEO
CANCUN, Mexico (Reuters) – U.S. officials are concerned that explosives disguised as laptops could be directly detonated onboard an aircraft, the chief executive of United Airlines said at an aviation industry event on Monday.
AirBaltic eyes order for at least 14 jets
CANCUN, Mexico (Reuters) – AirBaltic is planning to buy at least 14 new planes with more than 100 seats to replace the turboprops in its fleet, with planemakers Bombardier or Embraer in the running for the deal, the Latvian-based airline’s CEO said o…
BlackBerry downplays Toyota’s use of rival software
TORONTO (Reuters) – BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would adopt rival software for its future vehicle consoles, saying it was more focused on the faster-growing market for autonomous driving technology.
