By Joe Brock and Allison Lampert SEATTLE (Reuters) – Boeing’s U.S. West Coast factory workers stood in long lines on Thursday to vote on a much-criticized new contract, some loudly calling for a strike, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike could start on…
By Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden’s administration faced increasing pressure from both Republicans and his fellow Democrats on Wednesday to ease restrictions on how Ukraine can use weapons provided by the United States in its war against Russia. Senator Ben Cardin, the Democratic chair of the Senate Foreign Relations Committee, noted…
By Allison Lampert (Reuters) – Boeing faces a possible strike as early as Friday if most of the U.S. planemaker’s factory workers in the Pacific Northwest vote on Thursday to back a work stoppage and reject a tentative deal that has enraged many of them. Roughly 30,000 workers who produce Boeing’s 737 MAX, 767 and…
SAO PAULO (Reuters) -Amazon’s cloud computing arm, Amazon Web Services (AWS), will invest 10.1 billion reais ($1.8 billion) in Brazil through 2034 to expand its data center operations in the country, it said on Wednesday. The resources will be used to “expand, build, connect, operate and maintain data centers in Brazil,” the firm said in…
By Jody Godoy ALEXANDRIA, Virginia (Reuters) – A Google executive told colleagues the goal for the company’s then-nascent online advertising business in 2009 was to “crush” rival advertising networks, according to evidence prosecutors presented at the tech titan’s antitrust trial on Wednesday. The statements underscored the U.S. Department of Justice’s claim that Google has sought…
By Nate Raymond (Reuters) – A U.S. judge at the urging of environmental groups has thrown out an assessment by a federal agency governing how endangered and threatened marine species should be protected from oil and gas drilling in the Gulf of Mexico. U.S. District Judge Deborah Boardman in Greenbelt, Maryland, on Monday ruled the…
By Ananya Mariam Rajesh (Reuters) – CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes. Its decision to sell the Lacoste license back to Lacoste resulted in a 2% impact on net…
WASHINGTON (Reuters) – U.S. President Joe Biden approved in March a highly classified nuclear strategic plan that for the first time reorients Washington’s deterrent strategy on China’s expansion of its nuclear arsenal, the New York Times reported on Tuesday. The White House never announced that Biden had approved the revised strategy, titled the “Nuclear Employment…
By Jeff Mason and Nandita Bose CHICAGO (Reuters) – U.S. Vice President Kamala Harris’ election effort has raised around $500 million since she became the Democratic presidential candidate, sources told Reuters, an unprecedented money haul that reflects donor enthusiasm going into the Nov. 5 election. Four sources familiar with the fundraising effort told Reuters that…
By Howard Schneider WASHINGTON (Reuters) – Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of that commitment amid rising joblessness, mounting evidence inflation is under control, and a benchmark interest rate that is still the highest in a quarter of…
