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Crypto spent millions to defeat Sherrod Brown and elect allies. It’s ready for a repeat in 2026

COLUMBUS, Ohio (AP) — At a five-star resort tucked in the mountains of Jackson Hole, Wyoming, the cryptocurrency industry was celebrating a historic start to the year on Capitol Hill. Its priorities were sailing through Congress with unusual speed and one senator did not ...
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Michelle Obama’s Girls Opportunity Alliance pledges $2.5 million for grassroots education for girls

NEW YORK (AP) — Former first lady Michelle Obama is putting new force behind efforts to ensure girls overcome educational barriers in some of the world’s most economically disadvantaged areas. The Obama Foundation’s Girls Opportunity Alliance pledged Saturday to rally $2.5 million for dozens of ...
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Spirit Airlines cancels Airbus order in settlement with AerCap

By Rajesh Kumar Singh and Doyinsola Oladipo NEW YORK (Reuters) -In a fleet optimization move, Spirit Airlines will reject its commitment to buy 52 Airbus planes along with its options for 10 others. The aircraft orders will be taken over by aircraft lessor AerCap. This three-way ...
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Trump threatens export controls on Boeing parts in response to China

WASHINGTON (Reuters) -The United States could impose export controls on Boeing plane parts as part of Washington’s response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday. “We have many things, including a big thing is airplane. They (China) have ...
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Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says

NEW YORK (Reuters) -Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita Capital fund, according to a person familiar with the situation. Point Bonita had a large exposure to bankrupt U.S. auto-parts ...
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Central Bancompany files for US IPO

(Reuters) -Bank holding firm Central Bancompany on Friday filed for an initial public offering in the United States. U.S. IPO momentum has strengthened in recent months as investors return to riskier assets following a lull tied to trade tension-related market volatility. Central Bancompany will list on ...
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Wall Street selloff raises worries about market downturn

By Chibuike Oguh NEW YORK (Reuters) -Investor worries that Wall Street’s record stock rally would soon fizzle loomed large after tariffs re-emerged as a market risk.  U.S. equity markets, fresh off midweek record highs, performed an about-face on Friday after President Donald Trump revived threats to ...
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Delta, Aeromexico challenge US decision to dissolve joint venture

WASHINGTON (Reuters) -Delta Air Lines and Aeromexico challenged a Trump administration decision ordering them to unwind a joint venture by January 1 that let the carriers coordinate scheduling, pricing and capacity decisions for U.S.–Mexico flights. The companies filed a legal challenge to the U.S. Transportation ...
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Fed should ‘tread with caution’ on rate cuts, Musalem says

By Ann Saphir (Reuters) -St. Louis Federal Reserve President Alberto Musalem on Friday said he sees possible room for one more interest rate cut to shore up the labor market, but urged caution because inflation remains “materially” above the U.S. central bank’s 2% target. “I am ...
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Air traffic controllers who duck unpaid work during the gov’t shutdown could be fired, Duffy warns

Even though the U.S. has a stark shortage of air traffic controllers, ones who call in sick instead of working without a paycheck during the federal government shutdown risk being fired, the U.S. transportation secretary warned. Transportation Secretary Sean Duffy said this week that he ...
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Airlines urge patience as US air traffic staffing issues continue

By David Shepardson WASHINGTON (Reuters) -A group representing major U.S. airlines on Friday urged air travelers to be patient as air traffic control staffing issues delayed travel for a fifth straight day. “It is safe to fly, but ATC staffing shortages strain the system and cause ...
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US office late payments spike on New York City loan default, Fitch says

By Matt Tracy (Reuters) -Delinquencies on U.S. office loans spiked in September, driven largely by the default behind a major Manhattan office building, according to a new report published on Friday by ratings agency Fitch. The U.S. office delinquency rate spiked 42 basis points (bps) in ...
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