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Union says federal bailout of Spirit Airlines must protect employees

April 24 (Reuters) - A union representing workers at Spirit Airlines said any federal bailout of the bankrupt low-cost carrier must protect employees. A lawyer for Spirit said Thursday the Trump administration had made a financing offer to help the airline exit bankruptcy that was ...
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Norfolk Southern’s profit fell 27% as it didn’t collect insurance payments for Ohio derailment

Norfolk Southern railroad's first-quarter profit fell 27% because it didn't collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs. The Atlanta-based railroad said Friday that it earned $547 million, or $2.43 per ...
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Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

PANAMA CITY (AP) - Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effectively closed, according to the Panama Canal Authority, in a move that has created a seismic shift in ...
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Car parts group Forvia’s sales dragged by weakness in China

April 24 (Reuters) - Forvia said on Friday that a sharp sales decline in China caused a 2.2% drop in the French car parts supplier's first-quarter revenue, excluding currency translation effects. Quarterly sales fell to 5.14 billion euros ($6.00 billion), driven by a 23.5% slump ...
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Mitsubishi Motors recalls over 108,000 vehicles in the US over liftgate issue

April 24 (Reuters) - Mitsubishi Motors is recalling 108,046 vehicles in the U.S. as a ruptured gas spring cylinder or an unexpected falling liftgate could increase the risk of injury, the U.S. National Highway Traffic Safety Administration said on Friday. The recall affects some of ...
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Nomura posts record annual profit, sees no prolonged impact from Iran war so far

By Anton Bridge TOKYO, April 24 (Reuters) - Nomura, Japan's largest investment bank and brokerage, on Friday reported a record annual profit for the second year in a row and said the U.S.-Israeli war on Iran has not disrupted structural growth factors in its home ...
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Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

BANGKOK (AP) - Chinese Foreign Minister Wang Yi met Thailand's Prime Minister Anutin Charnvirakul on Friday during a visit aimed at strengthening the countries' strategic partnership and expanding cooperation. The two agreed to strengthen collaboration in fighting transnational crime and cyberscams and other areas, Thai ...
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Federal officials charge US soldier with using inside info to win $400K bet on Maduro’s capture

WASHINGTON (AP) - A U.S. soldier has been charged with using inside information to win $400,000 in an online betting market on Venezuelan President Maduro's capture, federal officials announced Thursday. Gannon Ken Van Dyk was part of the work to capture Maduro in January and ...
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Georgia Republican pleads not guilty to wire fraud charge in Ponzi scheme

ATLANTA (AP) - A prominent Georgia Republican accused of running a $156 million Ponzi scheme has been charged by federal prosecutors with wire fraud, pleading not guilty on Thursday. The single count of wire fraud against Edwin Brant Frost IV is the first criminal charge ...
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Kellogg is putting toys back into some cereal boxes as a ‘Toy Story 5’ tie-in

If you've missed rooting around in a cereal box for a toy, you're in luck. WK Kellogg Co. said Thursday it's including toys with some of its breakfast cereals for the first time in more than a decade. Starting on Sunday, special edition boxes of Frosted ...
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LaGuardia firefighter heard ‘stop, stop’ before crash but didn’t know who it was for, NTSB says

NEW YORK (AP) - A firefighter whose truck collided with an Air Canada jet last month on a runway at LaGuardia Airport in New York, killing both pilots, heard an air traffic controller warn "stop, stop, stop" but didn't know who it was for, ...
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Warner Bros. Discovery shareholders approve Paramount takeover

(NEW YORK) -- Warner Bros. Discovery shareholders on Thursday voted to approve the Paramount Skydance takeover bid, completing a major step toward the $111 billion media mega-deal.The offer from Paramount encompasses the HBO Max streaming service, the Warner Bros. film production company, and cable ...
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