JetBlue earliest to cancel during storms, says fewer refunds result
NEW YORK (Reuters) – JetBlue Airways Corp , the fifth biggest U.S. airline by passengers carried, consistently cancels flights sooner than rivals when storms pummel the U.S. Northeast, a tactic that may help its customers reach destinations more reliab…
Apple expected to quickly ramp up smartwatch production
(Reuters) – Apple Inc is likely to quickly ramp up production of the Apple Watch after strong pre-orders outstripped limited supply, analysts said on Monday.
Toyota to invest $1 billion on new Mexico plant, create 2,400 jobs: source
MEXICO CITY (Reuters) – Toyota Motor Corp , the world’s biggest automaker, will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter said.
Honda confirms Takata airbag rupture injured driver in March accident
(Reuters) – Honda Motor Co Ltd’s American unit on Monday confirmed that a faulty airbag inflator made by Takata Corp ruptured in a March 20 crash of a car in Florida, injuring the driver.
Wall St. declines as worries about earnings deepen
(Reuters) – U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings.
Oil edges up as Iran uncertainty, Yemen turmoil support
NEW YORK (Reuters) – Crude futures rose on Monday, but closed well below intraday peaks, as concerns about Iran and turmoil in Yemen supported prices, while the global supply glut continued to cap gains.
Apple expected to quickly ramp up smartwatch production
(Reuters) – Apple Inc is likely to quickly ramp up production of the Apple Watch after strong pre-orders outstripped limited supply, analysts said on Monday.
Time running out on Greek debt talks, says top EU official
ROME (Reuters) – Greece is not moving fast enough to draw up and implement structural reforms and there is limited time to prevent it running out of cash, European Commission Vice President Valdis Dombrovskis said on Monday.
Budget deficit rises to $53 billion in March
WASHINGTON (Reuters) – The United States ended the month of March with a budget deficit of $53 billion, up 43 percent from the same period last year, the U.S. Treasury Department said on Monday.
A global development financier’s Silicon Valley foray
SAN FRANCISCO (Reuters) – San Francisco-based startup Planet Labs, a company that aims to blanket the skies with low-cost satellites, has raised nearly $140 million from investors that include Russian billionaire Yuri Milner and SpaceX backer Draper Fisher Jurvetson. Now, the company has raised an additional $20 million from an unlikely contender: the venture arm of the International Finance Corporation, a multilateral lending organization that’s part of the World Bank.
