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Business
Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
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By Reuters June 13, 2025 – 7:41 AM PDT (Reuters) – Ford Motor Co (F.N) is struggling with supplies of rare earth…
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Boeing shares drop as Air India crash revives safety concerns
The crash of an Air India 787-8 Dreamliner jet minutes after taking off on Thursday poses a major setback for Boeing.
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US states sue 23andMe to protect customers’ private data
More than two dozen states sued 23andMe to challenge the sale of its customers' private information after the genetic testing company filed for bankru...
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Paramount to lay off 3.5% of US staff in latest job cut, memo shows
The layoff was communicated to its staff on Tuesday morning and it could affect some non-U.S. workforce over time.
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BlackRock calls antitrust claims “unprecedented, unsound and unsupported”
BlackRock and co-defendants Vanguard and State Street seek to dismiss the claims in the closely watched antitrust case.
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Fed likely to leave rates unchanged as US job market cools but doesn’t crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report cements that stance.
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Americans slow to book summer travel amid discount hunting
Americans are scaling back travel plans from flights to drives or waiting to book only if the price is right.
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JetBlue, United tie up to let passengers book on both websites
By David Shepardson May 29, 2025 – 4:06 AM PDT (Reuters) – JetBlue Airways and United Airlines unveiled on Thursday plans for…
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Southwest Airlines ends free baggage policy, to charge $35 for first bag
Southwest Airlines will charge $35 for one checked bag and $45 for the second starting today, bringing an end to the airline's free luggage policy.
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Ford recalls nearly 1.1 million vehicles over rearview camera software issue
Ford is recalling nearly 1.1 million vehicles in the U.S. because rearview cameras may not display images due to a software issue.
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Universal’s new Epic Universe park challenges Disney in Florida
Comcast aims to rewrite the travel itinerary with Epic Universe, a major new theme park in Central Florida set to open on Thursday.
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US Senate votes to block California 2035 electric vehicle rules
The Senate voted to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states.
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UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
UnitedHealth shares fell more than 6% on Wednesday after a report that the company made secret payments to nursing homes to reduce hospital transfers....
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Victoria’s Secret adopts ‘poison pill’ after Australian billionaire’s firm raises stake By Reuters
Victoria's Secret adopted a shareholder rights plan after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie ma...
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Exclusive: Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green l...
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Charter to buy Cox for $21.9 billion in mega cable deal
Charter has agreed to buy privately held rival Cox Communications for $21.9 billion, uniting two of the largest cable and broadband operators in the U...
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Exclusive: Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say
Boeing has reached a tentative nonprosecution agreement with U.S. prosecutors in a fraud case stemming from two fatal 737 MAX plane crashes that kille...
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UnitedHealth tumbles as criminal probe report adds to investor fears
UnitedHealth Group shares plunged 16% to hit a five-year low after the Wall Street Journal reported that the DOJ was investigating the company for pot...
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Goldman Sachs fined for failing to properly report billions of trades
Goldman Sachs will pay a $1.45 million civil fine to settle a U.S. regulator's claims that the Wall Street bank failed to accurately report data for b...
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UnitedHealth CEO leaves abruptly, company pulls forecast as shares sink
UnitedHealth Group Chief Executive Andrew Witty stepped down suddenly as it suspended its 2025 forecast due to surging medical costs.
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