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Larry Gies’ Madison Air targets $13.2 billion valuation in US IPO

April 6 (Reuters) - Ventilation and filtration systems provider Madison Air Solutions said on Monday it was targeting a valuation of up to $13.2 billion in its U.S. initial public offering, in what could be the biggest U.S. IPO so far this year. The Chicago, ...
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Tesla’s South Korean sales up more than 300% to 11,134 vehicles in March

SEOUL, April 6 (Reuters) - Tesla saw its car registrations in South Korea rise 330% to 11,134 vehicles in March from year earlier, market researcher Carisyou said on Monday. Tesla has cut prices for some of its Model Y and Model 3 electric vehicles made ...
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UPS, Teamsters reach settlement that caps driver severance offers

April 5 (Reuters) - United Parcel Service said on Sunday that it had reached an agreement with the International Brotherhood of Teamsters to cap severance offers at 7,500 drivers after a dispute over the company's plans to cut its workforce. Under the agreement, UPS will ...
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Markets on edge as Trump threatens strikes on Iranian infrastructure

By Gregor Stuart Hunter SINGAPORE, April 6 (Reuters) - Oil prices rose while stocks were mixed on Monday after U.S. President Donald Trump warned of "hell" for Iran unless it reopens the Strait of Hormuz by his self-imposed deadline, but a report of a push ...
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From digging coal to selling noodles? China’s mining workers face change

DATONG, China (AP) - Yang Haiming didn't stop working when he retired from the coal mines at age 60. Instead, he jumped into a new industry. Yang is part of a generation of workers that powered China's growth by digging coal from underground mines ...
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Citigroup pushes back Fed rate cut timeline after strong job numbers

April 6 (Reuters) - Citigroup has pushed back its Fed rate-cut timeline, citing unexpectedly strong U.S. job gains and persistent inflation risks. The Wall Street brokerage now expects a total of 75 basis points of rate cuts in September, October and December instead of ...
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Asian shares mostly gain while oil prices keep rising

TOKYO (AP) - Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next. Japan's benchmark Nikkei 225 rose nearly 1.1% to 53,692.42 in ...
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Tailors and dressmakers retire their pincushions as US demand for skilled sewers grows

NEW YORK (AP) - Hunched over a sewing machine, Kil Bae is hemming a dress inside his Manhattan tailor shop when a new customer stops by with a vintage Tommy Hilfiger jacket he wants taken in. The modeling agent paid $20 at a thrift store ...
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Airstrikes on Iran kill more than 25 as Trump’s deadline to open Strait of Hormuz looms

DUBAI, United Arab Emirates (AP) - Israel and the United States carried out a wave of attacks Monday that killed more than 25 people in Iran. Tehran responded with missile fire on Israel and its Gulf Arab neighbors as U.S. President Donald Trump's deadline ...
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Skilled sewers in demand as tailors and dressmakers age out, in photos

NEW YORK (AP) - Across the U.S., the number of tailors, dressmakers and custom sewing specialists is declining, even as demand for their work is growing. Industry experts say younger shoppers are turning to these professionals to tailor ready-made clothing, refresh thrifted pieces and ...
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South Korea asks Gulf nations for steady energy supply, safety of Korean vessels

SEOUL, April 5 (Reuters) - South Korean Finance Minister Koo Yun-cheol met with envoys from Gulf countries to shore up energy security and the safety of Korean vessels near the Strait of Hormuz, the ministry said on Sunday, as the escalating Iran war disrupts ...
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Striking JBS workers to return to Colorado plant on promise of talks

April 4 (Reuters) - Workers of the world's largest meat company, JBS, agreed to return to work at a beef plant in Greely, Colorado after it agreed to resume negotiations, bringing a three-week picket to an end, their union said in a statement on ...
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