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Exclusive-Five EU finance ministers call for windfall profit tax on energy companies

By Andreas Rinke BERLIN, April 4 (Reuters) - Five European Union finance ministers are calling for a tax on windfall profits of energy companies in reaction to rising fuel prices due to the Iran war, according to a letter from the ministers to the EU ...
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Stronger, broader hiring could ease Fed job market worries

By Howard Schneider WASHINGTON, April 3 (Reuters) - Hiring that strengthened and broadened in March will likely cement the U.S. Federal Reserve's plans to keep interest rates on hold for the foreseeable future, easing concerns about a weakening labor market and keeping policymakers focused on ...
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Analysis-Private credit sector stresses could be catastrophic, but not just yet

By Vidya Ranganathan LONDON, April 3 (Reuters) - Some investors think private credit is a tempest in a teapot. Others think it is about to spark a new financial crisis. Depending on the time horizon, both sets of views about the esoteric sector may be ...
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Highs and lows from the US jobs report

By Dan Burns April 3 (Reuters) - U.S. employment growth snapped back in March after a hefty decline in February, and the jobless rate declined unexpectedly to 4.3%, but economists found the headline highlights were countered by a number of less-than-glowing details. Here are three highs ...
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Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spill

WASHINGTON (AP) - The Trump administration said Friday it is combining two agencies that were separated in the aftermath of the 2010 Gulf oil spill. The Interior Department said the overhaul would increase efficiency and speed up permitting for offshore oil and gas drilling. The ...
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Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

By Savyata Mishra April 3 (Reuters) - Lucid Group missed expectations for first-quarter vehicle deliveries on Friday, hurt by a temporary sales halt and recall tied to an unauthorized supplier change. Deliveries of its electric luxury SUV Lucid Gravity were disrupted for 29 days during the ...
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Checking a bag on United Airlines now costs $10 more as jet fuel costs soar

Most travelers flying with United Airlines will now pay $10 more to check their luggage beginning on Friday, as rising jet fuel costs driven by the war in the Middle East pushes another major U.S. carrier to increase fees. Customers traveling in the United States, ...
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Democrats see Georgia’s failure to curb data centers as an electoral gift

ATLANTA (AP) - Georgia state lawmakers spent months debating ideas to curb the impact of data centers. But as their annual legislative session ended Thursday, they did nothing. Now with election season upon them, lawmakers are returning home to find local communities up in arms ...
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Jobs report shows strong hiring in March, despite oil shock set off by Iran war

(NEW YORK) -- The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by the U.S.-Israeli war on Iran, a jobs report on Friday showed. The reading far ...
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United Airlines to introduce tiered fare categories for premium cabins

April 3 (Reuters) - United Airlines said on Friday that it plans to introduce a new tiered fare structure in premium cabins starting this year. United said it would offer base, standard and flexible fare options in premium cabins for customers traveling on long-haul international, ...
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US employers added a surprisingly strong 178,000 jobs last month, rebounding from a weak February

WASHINGTON (AP) - American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped to 4.3%. The Labor Department reported Friday that hiring marked a turnaround from the loss of 133,000 jobs in February. The ...
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Why one Las Vegas newspaper just stopped printing its rival

LAS VEGAS (AP) - The Las Vegas Review-Journal announced Friday that it will no longer print its rival the Las Vegas Sun for the first time in decades, amid an ongoing legal dispute over the nation's last joint operating agreement stemming from a 1970 ...
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