By Herbert Lash NEW YORK (Reuters) – The dollar bounced off two-year lows and a gauge of global equity markets halted its march toward a record high on Friday, as better-than-expected U.S. jobs growth in July was tempered by the...
READ MORE
Canada to impose retaliatory tariffs on U.S. goods, hopes for resolution
By David Ljunggren OTTAWA (Reuters) – Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports,...
READ MORE
Exclusive: FAA employees report industry pressure, question agency safety push in survey
By David Shepardson WASHINGTON (Reuters) – Federal Aviation Administration (FAA) safety employees reported facing “strong” external pressure from industry and raised alarms the agency does not always prioritize air...
READ MORE
Oil slips below $45/bbl on demand concerns but posts weekly rise
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell nearly 2% on Friday, limiting their weekly gain due to concerns the global recovery could falter from a resurgence of coronavirus cases. The rise in infections remains the...
READ MORE
Delta wants at least 3,000 flight attendants to take unpaid leave
(Reuters) – Delta Air Lines Inc <DAL.N> will need at least 3,000 of its roughly 20,000 flight attendants to take unpaid leave of four to 12 months, or consider other options, to avoid involuntary furloughs, a person with...
READ MORE
Uber rides take COVID-19 hit but food-delivery business doubles
(In Aug. 6 story, corrects Uber’s ride-hailing segment revenue in U.S. and Canada as “declining to $1.25 billion,” instead of “declining $1.25 billion,” paragraph 12) By Tina Bellon and Akanksha Rana...
READ MORE