By Rich McKay and Tatiana Bautzer (Reuters) -Portions of Pennsylvania, New York and Mid-Atlantic and Southeast states were still under a National Weather Service watch for damaging wind and tornadoes, as the…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic drinks should carry a label warning consumers…
AMC, Regal and other US chains plan $2.2 billion in theater upgrades
LOS ANGELES (Reuters) – The largest theater chains including AMC Entertainment, Regal Cinemas and Cinemark will invest more than $2.2 billion over the next three years to upgrade theaters in the U.S….
Airbnb CEO says company focused on boosting long-term stays
By Doyinsola Oladipo NEW YORK (Reuters) – Vacation rental company Airbnb sees a huge opportunity to grow its long-term rental business as short-term rentals are under growing scrutiny in tourist hot spots…
Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire
By Juveria Tabassum (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up…
Criminal inquiry underway after body found in car that hit Energy Transfer pipe in Houston – media
(Reuters) – Human remains were found in a burned-out car that struck an Energy Transfer natural gas liquids pipeline earlier this week in Houston, sparking a criminal investigation, local media reported on…
Blink Charging to reduce global workforce by 14% in cost-saving effort
(Reuters) -Blink Charging said on Tuesday it would lay off about 14% of its global workforce as part of a cost-reduction plan, as the electric vehicle charging equipment maker tackles weaker demand….
NASA awards $4.8 billion navigation services contract to Intuitive Machines
(Reuters) – NASA has awarded Intuitive Machines a contract of up to $4.82 billion for communication and navigation services for missions in the near space region, the space exploration company said on…
Microsoft, BlackRock to launch $30 billion fund for AI infrastructure
(Reuters) -BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. AI…
US urges leniency for FTX’s Caroline Ellison, cites help against Bankman-Fried
By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange’s collapse,…