News
Important Only
Air India Says Continuing To Fully Cooperate With India's AAIB And Other Authorities As Investigation Progresses
July 11 (Reuters) - AIR INDIA -ACKNOWLEDGE RECEIPT OF THE PRELIMINARY REPORT RELEASED BY THE AIRCRAFT ACCIDENT INVESTIGATION BUREAU (AAIB) TODAY, 12 JULY 2025AIR INDIA- WE CONTINUE TO FULLY COOPERATE WITH THE AAIB AND OTHER AUTHORITIES AS THEIR INVESTIGATION PROGRESSES.Source text: https://bit.ly/4...Reuters
Fri, Jul 11
EXCLUSIVE-GM pickup-truck plant in Mexico pauses output for several weeks
GM's Silao truck plant idled for several weeksSilao downtime affects top-selling Silverado, Sierra modelsGM says down weeks at factory are meant to optimize productionBy Mike Colias and Nora Eckert July 11 (Reuters) - General Motors GM.N is pausing production at a pickup-truck plant in Mexico...Reuters
Fri, Jul 11
US FDA declines to approve Ultragenyx's gene therapy for rare genetic disorder
July 11 (Reuters) - The U.S. Food and Drug Administration has declined to approve Ultragenyx Pharmaceutical's RARE.O experimental gene therapy to treat a rare inherited disorder, citing manufacturing concerns, the company said on Friday.Shares of the California-based biopharma company fell 5.4% ...Reuters
Fri, Jul 11
Soccer-Garber hails Club World Cup as milestone for North American soccer
By Rory Carroll LOS ANGELES, July 11 (Reuters) - As the Club World Cup draws to a close on Sunday, North America's soccer community is celebrating what Major League Soccer Commissioner Don Garber calls a breakthrough moment for the region. With more than three million fans attending matches i...Reuters
Fri, Jul 11
State Department starts firing more than 1,350 workers in Trump's shake-up of diplomatic corps
The layoffs affect 1,107 civil service and 246 foreign service workersCritics say it hampers U.S. ability to counter threats abroadThe shake-up is to align U.S. foreign policy with 'America First'By Humeyra Pamuk WASHINGTON, July 11 (Reuters) - The State Department began firing more than ...Reuters
Fri, Jul 11
TIMELINE-Key events in the Air India crash investigation
July 12 (Reuters) - A preliminary report into the Air India crash that killed 260 people last month showed that seconds after taking off, the plane's engines fuel cutoff switches almost simultaneously flipped from run to cutoff, starving the engines of fuel. Following is a timeline of key events...Reuters
Fri, Jul 11
US FCC approves two T-Mobile deals after wireless carrier drops DEI programs
WASHINGTON, July 11 (Reuters) - The U.S. Federal Communications Commission has approved two T-Mobile TMUS.O deals that would expand the wireless carrier's network, the commission said on Friday, after the company ended its diversity, equity and inclusion programs under pressure from Presiden...Reuters
Fri, Jul 11
US CFPB reaches settlement with FirstCash for alleged Military Lending Act violations
July 11 (Reuters) - The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its subsidiaries for alleged violations of the Military Lending Act, the consumer watchdog agency said Friday.Under the settlement agreement, which requires court ...Reuters
Fri, Jul 11
USQRisk CEO Moreno departing and being succeeded by Zipper and Bavishi
By Chris MunroJuly 11 - (The Insurer) - USQRisk founder and CEO Anibal Moreno is leaving the alternative risk transfer-focused MGA “to focus on personal interests,” with president Michael Zipper and chief underwriting officer Parag Bavishi stepping up to jointly succeed him at the company’s helm.Mor...Reuters
Fri, Jul 11
Athletics-Lyles wins Tebogo rematch, Wanyonyi tops high class 800m at Monaco Diamond League
Lyles shines in season debutWanyonyi wins high-class 800mBol continues unbeaten runMONACO, July 11 (Reuters) - American Noah Lyles made an impressive season debut in the 200 metres to beat Olympic champion Letsile Tebogo at the Monaco Diamond League meeting on Friday, where Kenyan Emmanuel Wanyonyi ...Reuters
Fri, Jul 11
US senators warn Nvidia CEO about upcoming China trip
Senators Warren and Banks urge Nvidia CEO to avoid firms undermining US chip controlsNvidia's Shanghai research facility raises senators' concernsNvidia plans cheaper Blackwell AI chips for ChinaBy Max A. Cherney SAN FRANCISCO, July 11 (Reuters) - A bipartisan pair of U.S. senators sent a...Reuters
Fri, Jul 11
FCC approves two T-Mobile deals after wireless carrier drops DEI programs
WASHINGTON, July 11 (Reuters) - The Federal Communications Commission has approved two transactions involving T-Mobile TMUS.O this week, a statement by the commission showed on Friday, after the wireless carrier said it was ending its diversity, equity and inclusion programs.Reuters
Fri, Jul 11
Cerberus and Dean Metropoulos also made a bid for WK Kellogg, sources say
By Abigail Summerville July 11 - Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons ACI.N, and billionaire investor Dean Metropoulos teamed up in an unsuccessful bid for cereal maker WK Kellogg KLG.N, according to three sources familiar with the matter.The co...Reuters
Fri, Jul 11
Apple bids for Formula 1 US streaming rights, Business Insider reports
July 11 (Reuters) - Apple AAPL.O has submitted a bid worth at least $150 million a year for the U.S. rights to stream Formula 1 races starting in 2026, Business Insider reported on Friday, citing a source familiar with the negotiations.The iPhone-maker is poised to win the rights as the leading bidd...Reuters
Fri, Jul 11
THE DAY AHEAD-North America, July 14
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a pre...Reuters
Fri, Jul 11
CORRECTED-India finds engine switch movement in fatal Air India crash, no immediate action for Boeing or GE
July 12 (Reuters) - A preliminary report by Indian aviation accident investigators said on Saturday the fatal Air India crash that killed 260 people in Ahmedabad last month showed the plane engines' fuel switches shifting from run to cutoff within seconds of each other. "At this stage of inv...Reuters
Fri, Jul 11
