News
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RPT-ANALYSIS-United Airlines has few viable alternatives to congested Newark Airport
Despite problems, Newark remains United's primary hubAnalyst trims United earnings forecast, citing Newark cuts United plans to use Boeing 737-800 at LaGuardia for more seatsUnited wants to return to JFK but has hurdles acquiring slotsBy Rajesh Kumar Singh CHICAGO, May 23 (Reuters) - Newark L...Reuters
Fri, May 23
ANALYSIS-United Airlines has few viable alternatives to congested Newark Airport
Despite problems, Newark remains United's primary hubAnalyst trims United earnings forecast, citing Newark cuts United plans to use Boeing 737-800 at LaGuardia for more seatsUnited wants to return to JFK but has hurdles acquiring slotsBy Rajesh Kumar Singh CHICAGO, May 23 (Reuters) - Newark L...Reuters
Fri, May 23
THE DAY AHEAD-North America, May 27
(The Day Ahead - U.S. edition will not be published on Monday, May 26, on account of the Memorial Day holiday)To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS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 you...Reuters
Fri, May 23
McDonald's to close standalone beverage concept
By Waylon CunninghamMay 23 (Reuters) - McDonald's Corp MCD.N is shutting down the five beverage-centered CosMc's stores it opened in 2023, but said some drinks from the standalone concept would be tested in McDonald's restaurants.The company said on Friday it had opened the stores as a ...Reuters
Fri, May 23
Trump administration sues four New Jersey cities over immigration cases
May 23 (Reuters) - The Trump administration announced on Friday that it had filed a lawsuit against four New Jersey cities, accusing them of being so-called sanctuary jurisdictions and obstructing federal immigration agents, according to court documents. The suit, filed in federal court in New ...Reuters
Fri, May 23
EU, U.S. trade talks require respect not threats, says EU trade chief
BRUSSELS, May 23 (Reuters) - Trade between the European Union and the United States must be guided by mutual respect not threats, EU trade chief Maros Sefcovic said on Friday, after U.S. President Donald Trump pushed for a 50% tariff on EU goods.The European Trade Commissioner wrote in a post on X t...Reuters
Fri, May 23
Moderna files application for updated COVID vaccine
May 23 (Reuters) - Moderna MRNA.O said on Friday it had filed a marketing application for an updated COVID vaccine to the U.S. Food and Drug Administration. The company said the submission is based on guidance from the FDA, which advised that COVID-19 vaccines should be updated to target newer strai...Reuters
Fri, May 23
Cambium Networks Corp expected to post a loss of 15 cents a share - Earnings Preview
Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on May 26 (estimated) for the period ending December 31 2024The Rolling Meadows Illinois-based company is expected to report a 6.1% increase in revenue to $42.639 million from $40.21 millio...Reuters
Fri, May 23
HEICO Corp expected to post earnings of $1.03 a share - Earnings Preview
HEICO Corp HEI.N, HEI is expected to show a rise in quarterly revenue when it reports results on May 27 for the period ending April 30 2025The Hollywood Florida-based company is expected to report a 11.0% increase in revenue to $1.061 billion from $955.4 million a year ago, according to the mean e...Reuters
Fri, May 23
US judge strikes down Trump order against law firm Jenner & Block
By David Thomas May 23 (Reuters) - A U.S. judge on Friday overturned President Donald Trump's executive order targeting Jenner & Block, dealing another setback to his administration's crackdown on prominent law firms that represented Trump's political adversaries or employed lawye...Reuters
Fri, May 23
Caris Life Sciences discloses rise in revenue in US IPO filing
May 23 (Reuters) - Biotech company Caris Life Sciences filed its paperwork to go public in the U.S. on Friday as the stock market shows signs of recovery after tariff shocks. Irving, Texas-based firm reported a revenue rise to $412.3 million in 2024 compared with $306.1 million in 2023, according to...Reuters
Fri, May 23
Semtech Corp expected to post earnings of 37 cents a share - Earnings Preview
Semtech Corp SMTC.OQ SMTC.O is expected to show a rise in quarterly revenue when it reports results on May 27 for the period ending April 30 2025The Camarillo California-based company is expected to report a 21.3% increase in revenue to $250.093 million from $206.11 million a year ago, according t...Reuters
Fri, May 23
ICE arrests migrants at courthouses, opens door to fast-track deportations
By Ted Hesson and Kristina Cooke WASHINGTON, May 23 (Reuters) - Federal immigration officials arrested dozens of immigrants following their immigration court hearings in multiple U.S. cities this week, in operations that advocates said appeared to target people who had been in the country for les...Reuters
Fri, May 23
CommScope considers sale of broadband arm for as much as $10 billion, Bloomberg News reports
May 23 (Reuters) - CommScope Holding COMM.O is exploring the sale of its broadband connectivity and cable solutions (CCS) division, Bloomberg News reported on Friday.The U.S.-based network infrastructure provider has spent years working to lower its debt in the wake of sizable acquisitions and econo...Reuters
Fri, May 23
Loop Industries Inc expected to post a loss of 10 cents a share - Earnings Preview
Loop Industries Inc LOOP.OQ LOOP.O is expected to show a fall in quarterly revenue when it reports results on May 27 (estimated) for the period ending February 28 2025The Terrebonne Quebec-based company is expected to report a 34.4% decrease in revenue to $29.5 thousand from $45 thousand a year ag...Reuters
Fri, May 23
Fifth person arrested on suspicion of aiding New Orleans escapees
By Christian MartinezMay 23 (Reuters) - A fifth person has been arrested on suspicion of helping some of the 10 inmates who staged a daring escape from a New Orleans jail that was caught on security video, authorities said on Friday.Authorities apprehended Casey Smith, 30, who allegedly helped two ...Reuters
Fri, May 23
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
By David Shepardson WASHINGTON, May 23 (Reuters) - The U.S. Justice Department said on Friday it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people, dealing a blow to victims' relativ...Reuters
Fri, May 23
WRAPUP 1-Judge temporarily blocks Trump admin from revoking Harvard enrollment of foreign students
Judge blocks policy affecting 7,000 visa holders, citing constitutional violationsTrump administration cities immigration and national security concerns, may appealHarvard says it faces retaliation for refusing to align with Trump's agendaBy Jonathan Stempel and Nate Raymond BOSTON, May 23 (R...Reuters
Fri, May 23
