Business news

Business news • Apr 27

Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise

A trade group representing low-cost airlines said Monday that it was asking the Trump administration for $2.5 billion to offset some of the cost of fuel,...

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Business news • Apr 27

Budget airlines seek help as United gives up on American deal

The chances of an airline mega-merger now appears slim, but a spike in jet fuel prices still has players scrambling for options.

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Business news • Apr 27

Trump to pay more companies to abandon offshore wind and invest in fossil fuels

The Trump administration will pay two energy companies to abandon their offshore wind ambitions and invest in fossil fuels instead.

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Business news • Apr 27

Paramount-Warner Bros. Discovery Will Be 38.5% Owned by Middle Eastern Funds Following Close: Filing

Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the entire company held by...

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Business news • Apr 27

Budget airlines reportedly ask federal government for $2.5B in aid tied to rising jet fuel costs

A group of budget airlines is reportedly seeking financial assistance from the federal government that could convert to an equity stake in the air carriers.

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Business news • Apr 27

Despite pushback, Snoqualmie-area lithium battery storage proposal moving forward

A proposed large-scale battery storage project near Snoqualmie Ridge is moving forward, drawing renewed concern from nearby residents.

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Business news • Apr 27

Fed likely to hold rates steady as Powell prepares for possible swan song

WASHINGTON, April 27 (Reuters) - Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the...

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Business news • Apr 27

Earnings live updates: Nucor stock gains as steel prices lift profits, Domino's stock tanks

Earnings season is in full swing as the busiest week of the quarter kicks off. This week, five more “Magnificent Seven” Big Tech companies will report...

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Business news • Apr 27

Trump Administration Will Pay More Energy Firms to Cancel Wind Farms

The Trump administration will pay energy companies hundreds of millions of dollars to abandon their plans to build two wind farms off the U.S. coast,...

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Business news • Apr 27

Budget Airlines Pitch Trump Administration on $2.5 Billion Relief Plan

While Spirit's talks with officials continue, industry executives see window to negotiate for financial assistance and tax relief.

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Business news • Apr 27

U.S. to end two more offshore wind leases for fossil fuel investments

The Trump administration said on Monday that it had reached a deal to end two more offshore wind leases, off the coasts of New Jersey and California,...

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Business news • Apr 27

Shell to acquire Canada's ARC in output-boosting $16.4 billion deal

Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm said on Monday.

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Business news • Apr 27

Supreme Court Appears Divided Over Roundup Weedkiller Case

The Supreme Court appeared divided on Monday during arguments in a dispute that could determine the fate of thousands of lawsuits that claim a widely used...

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Business news • Apr 27

United Airlines drops merger pursuit with American, CEO Kirby details why

United Airlines CEO Scott Kirby says the airline is ending its pursuit of a merger with American Airlines after its rival declined to engage in discussions.

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Business news • Apr 27

EU tells Google to open up AI on Android; Google says that’s “unwarranted intervention”

Gemini gets preferential treatment on Android, but maybe not for long (in Europe).

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Business news • Apr 27

Budget Airlines Ask US Government for $2.5 Billion in Relief

Budget airlines are banding together to ask President Donald Trump's administration for $2.5 billion to help combat increasing jet fuel prices in exchange...

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Business news • Apr 27

From bowling repairs to zoology, Trump admin consolidates job titles affecting 5,000 feds

Bartenders, meatcutters, woodworkers and bookbinders will all no longer be official job titles in the federal government after the Office of Personnel...

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Business news • Apr 27

European flight prices are falling in short-term, Wizz Air boss says

European flight prices are falling as airlines try to overcome customer "hesitancy" over the economic hit from the US-Israel war with Iran, Wizz Air's chief...

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Business news • Apr 27

Lawsuit says Safeway, Haggen BOGO deals cost Washington shoppers millions

OLYMPIA, Wash. — Washington Attorney General Nick Brown sued Albertsons Companies on Monday, accusing the grocery chain of overcharging shoppers through...

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Business news • Apr 27

DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data

Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a...

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