EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

WASHINGTON, May 11 (Reuters) – Boeing Co (BA.N) is feuding with Aerojet Rocketdyne (AJRD.N), a key supplier for its Starliner spacecraft, as the US aerospace giant races to test launch the uncrewed astronaut capsule and mend its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled for a … Read more

Shares drop, yields shoot up after US inflation data

Shares drop, yields shoot up after US inflation data

MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in … Read more

Black hole hunters cast gaze at center of the Milky Way galaxy

Black hole hunters cast gaze at center of the Milky Way galaxy

WASHINGTON, May 10 (Reuters) – Residing at the center of our spiral-shaped Milky Way galaxy is a beast – a supermassive black hole possessing 4 million times the mass of our sun and consuming any material including gas, dust and stars straying within its huge gravitational pull. Scientists have been using the Event Horizon Telescope … Read more

More than half of Americans have had COVID infections, US study shows

More than half of Americans have had COVID infections, US study shows

April 26 (Reuters) – Following the record surge in COVID-19 cases during the Omicron-driven wave, some 58% of the US population overall and more than 75% of younger children have been infected with the coronavirus since the start of the pandemic , according to a US nationwide blood survey released on Tuesday. The study issued … Read more

New York warehouse workers vote to form first US union at Amazon

New York warehouse workers vote to form first US union at Amazon

NEW YORK, April 1 (Reuters) – Workers at an Amazon.com Inc (AMZN.O) warehouse in New York City voted to form the first union at the second-largest US private employer, a victory that adds to recent grassroots successes by labor activists pushing into new industries. Employees at the online retailer’s fulfillment center in the borough of … Read more

Wall St slips as jobs data backs hawkish Fed

Wall St slips as jobs data backs hawkish Fed

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US yield curve reinverts after strong jobs data Unemployment drops to 3.6% vs estimate of 3.7% Nonfarm payrolls rose by 431,000 jobs last month … Read more

World stocks dip on war, recession worries, oil falls $2 on reserve release

World stocks dip on war, recession worries, oil falls $2 on reserve release

MSCI world index down 0.17% US S&P futures down 0.29% Oil heading for 14% fall this week LONDON/SINGAPORE, April 1 (Reuters) – World stocks dipped further from recent six-week highs on Friday on worries about the Russia-Ukraine war and recession risks, and oil fell $2 a barrel on reserve releases. European buyers of Russian gas … Read more

GameStop seeks share split amid renewed meme-stock hype

GameStop seeks share split amid renewed meme-stock hype

A GameStop store is pictured in the Manhattan borough of New York City, New York, US, January 29, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Video game retailer GameStop Corp (GME.N) said on Thursday it would seek shareholder approval for a stock split, aiming to … Read more

Amazon union has strong lead in NY vote count; losing in Alabama

Amazon union has strong lead in NY vote count;  losing in Alabama

March 31 (Reuters) – Amazon.com Inc (AMZN.O) workers at a warehouse in New York City’s Staten Island have so far voted 57% in favor of unionizing with a final tally due on Friday, a potential landmark victory for organized labor at the second-largest US private employer. But that win contrasted with 53% of Amazon workers … Read more

Wall Street falls as S&P suffers biggest quarterly drop in two years

Wall Street falls as S&P suffers biggest quarterly drop in two years

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Consumer spending rose less than expected in February Energy sector heads toward its best quarter ever Walgreens falls after earnings NEW YORK, March 31 … Read more