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Boeing in early stages of developing 737 MAX replacement, WSJ reports

(Reuters) -Boeing is in the early stages of developing a new single-aisle airplane that would eventually replace the 737 MAX, the Wall Street Journal reported on Monday, citing people familiar with the matter. Earlier this year, CEO Kelly Ortberg met ...
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Asian shares, gold rise on US shutdown watch; crude falls

By Rocky Swift TOKYO (Reuters) -Shares in Asia edged higher and gold continued its record climb on Tuesday as markets weighed prospects for a U.S. government shutdown that would delay closely watched jobs figures. The Australian dollar held gains before a ...
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US court suspends Trump layoff of hundreds at Voice of America

By Blake Brittain and Jan Wolfe WASHINGTON (Reuters) -A federal judge in Washington ordered the Trump administration on Monday to pause the layoffs of hundreds of employees from the agency that owns the U.S. news service Voice of America, adding that ...
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Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture

By David Lawder and David Shepardson WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on imported kitchen cabinets, bathroom vanities and upholstered furniture, with the rate ...
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Dollar soft as possible US shutdown, jobs report delay hurt sentiment

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar was on the back foot on Tuesday in cautious trading as investors braced for a possible U.S. government shutdown that would halt economic data releases including the crucial jobs report later this ...
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China factory activity shrinks for a sixth month in September, PMI shows

BEIJING (Reuters) -China’s manufacturing activity shrank for a sixth month in September, an official survey showed on Tuesday, suggesting producers are waiting for further stimulus to boost domestic demand, as well as clarity on a U.S. trade deal. The official ...
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Singtel says Optus CEO needs time to fix issues after emergency call outages

SYDNEY (Reuters) -Optus’s CEO will need more time to turn around the embattled telecom carrier, the boss of its parent Singapore Telecommunications, who is in Australia to confront the fallout from outages of its emergency call services, said on ...
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2 killed, 5 wounded when man opened fire in casino parking lot in Texas, authorities say

EAGLE PASS, Texas (AP) — Authorities on Monday were trying to determine why a man opened fire in the parking lot of a casino in a Texas border city over the weekend, killing two people and wounding at least ...
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Wolfspeed exits Chapter 11 bankruptcy, slashes debt and interest costs

(Reuters) -Chipmaker Wolfspeed said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense by roughly 60%. The company said it has sufficient liquidity to continue supplying ...
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Japan August factory output falls 1.2% month-on-month

TOKYO (Reuters) -Japan’s factory output fell 1.2% in August from the previous month, worse than a median market forecast for a 0.8% fall, government data showed on Tuesday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect ...
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US holiday package deliveries to rise 5% from 2024, ShipMatrix forecasts

By Lisa Baertlein LOS ANGELES (Reuters) -U.S. delivery companies are on track to handle 2.3 billion packages this holiday season, 5% more than last year, as an extra shopping day helps offset the drag from President Donald Trump’s tariff policies, ...
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Texas Energy Fund grant helping Baytown natural gas plant expand

(The Center Square) – A third major Texas Energy Fund loan agreement has been reached to increase natural gas development in Texas. NRG Energy, ...
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