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New lawsuit accuses Cisco of monopolizing key network product markets
By Mike Scarcella May 23 (Reuters) - A Cisco CSCO.O U.S. equipment reseller has accused the technology giant in a new lawsuit of illegally maintaining market power and control of the networking industry, causing customers to pay higher prices.Network equipment supplier Summit 360 filed its lawsui...Reuters
Fri, May 23
United Airlines and its flight attendants reach tentative contract agreement, union says
CHICAGO, May 23 (Reuters) - Flight attendants at United Airlines UAL.O have reached a tentative agreement with the company for a new contract, their union said on Friday.The Association of Flight Attendants-CWA, which represents United's flight attendants, said the deal provides industry-leading...Reuters
Fri, May 23
Southern California Edison to pay $82.5 million to settle claims over 2020 Bobcat Fire damages
May 23 (Reuters) - Southern California Edison (SCE), a unit of utility Edison International EIX.N, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020.The U.S. government had filed a lawsuit against SCE in 2...Reuters
Fri, May 23
Trump administration must restore health articles scrubbed for transgender mentions, judge rules
By Nate Raymond BOSTON, May 23 (Reuters) - A federal judge ordered the Trump administration on Friday to restore articles by doctors and medical researchers that were removed from a government-run website focused on patient safety because they contained references to transgender people.U.S. Distr...Reuters
Fri, May 23
All six people aboard plane that crashed in San Diego confirmed dead
May 23 (Reuters) - All six people aboard a small plane that crashed in a San Diego neighborhood were killed, but nobody on the ground was seriously injured, an official for the National Transportation Safety Board confirmed on Friday, a day after the fiery accident.Reuters
Fri, May 23
REFILE-Southern California Edison to pay $82.5 million for Bobcat Fire damages
May 23 (Reuters) - Southern California Edison has agreed to pay $82.5 million to the U.S. government to cover the costs of fighting the 2020 Bobcat Fire and repairing damage to the Angeles National Forest, the Justice Department said on Friday. This is the largest wildfire-related settlement ever in...Reuters
Fri, May 23
US issues general license providing some sanctions relief to Syria, Treasury Department website shows
May 23 (Reuters) - The United States on Friday issued a general license providing some sanctions relief to Syria, according to the Treasury Department’s website.U.S. President Donald Trump made a surprise announcement last week during a trip to the Middle East that he would order the lifting of sanc...Reuters
Fri, May 23
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
