AT&T close to deal to combine media empire with Discovery-reports

U.S. telecoms giant AT&T Inc (T.N) is nearing a deal to combine its media assets, including CNN and HBO, with Discovery Inc (DISCA.O), the owner of lifestyle TV networks such as HGTV and TLC, according to news reports citing unnamed sources.

Read More

U.S. gasoline shortage eases, but pumps dry in some areas

Gasoline shortages that have plagued the U.S. East Coast slowly eased on Sunday, with 1,000 more stations receiving supplies as the country's largest fuel pipeline network recovered from a crippling cyberattack.

Read More

Bitcoin price lower after Musk tweet

The price of Bitcoin traded below $45,000 on Sunday after a tweet by Tesla CEO Elon Musk, an outspoken supporter of cryptocurrency, suggested Tesla may be considering or may have sold off its bitcoin holdings.

Read More


U.S. fuel crisis eases as pipeline returns to normal after hack

Widespread gasoline shortages along the U.S. East Coast began to ease slightly on Saturday as the nation's biggest fuel pipeline said it was back to delivering "millions of gallons per hour" following last week's cyberattack, and ships and trucks were deployed to fill up dry storage tanks.

Read More

Disney World and other U.S. theme parks update mask rules

Disney World and other U.S. amusement parks updated their mask policy following the latest guidance from the Centers for Disease Control and Prevention (CDC) this week.

Read More

Cairn Energy sues Air India to enforce $1.2 bln arbitration award - court filing

Cairn Energy (CNE.L) has sued India's flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters.

Read More


Fed officials sift through tea leaves of weak U.S. jobs report

Federal Reserve officials grappled on Tuesday with April's surprisingly weak employment growth, maintaining faith in the U.S. economic rebound but acknowledging the pace of the jobs recovery may prove choppier than anticipated.

Read More

Missouri, Tennessee join U.S. states cutting pandemic payments

The governors of Missouri and Tennessee are joining five other Republican-led states in ending all federally funded pandemic-related unemployment benefits this summer, saying the extra money is keeping those out of work from rejoining the labor force and making it hard for employers to fill jobs.

Read More

Pipeline outage causes U.S. gasoline supply crunch, panic buying

Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest U.S. fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.

Read More


Ford recalls 661,000 Explorer SUVs in North America

Ford Motor Co (F.N) is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.

Read More
1 - 10 Next