By Rajesh Kumar Singh and Nathan Gomes CHICAGO, Dec 15 (Reuters) – Spirit Airlines said Monday it has secured an additional $100 million in emergency financing to support its operations and restructuring efforts while under bankruptcy protection. The move comes amid mounting speculation about the ultra-low-cost carrier’s future. Aviation outlet The Air Current reported Friday…
By Tim McLaughlin Dec. 14 (Reuters) – BNSF Railway, one of the crown jewels of Warren Buffett’s sprawling Berkshire Hathaway conglomerate, calls itself an environmental leader in the U.S. rail industry with the cleanest locomotive fleet in North America. “When you see our orange locomotives’ and freight cars’ steel wheels moving on steel rails, think…
By Friederike Heine, Matthias Williams and Olena Harmash BERLIN/KYIV, Dec 14 (Reuters) – Ukraine has relinquished its ambition of joining the NATO military alliance in exchange for Western security guarantees as a compromise to end the war with Russia, President Volodymyr Zelenskiy said ahead of talks with U.S. envoys in Berlin. The move marks a…
By Menna AlaaElDin and Muhammad Al Gebaly CAIRO, Dec 14 (Reuters) – Hamas’ chief negotiator Khalil Al-Hayya said on Sunday that a targeted assassination by Israel on Saturday of one of the group’s senior commanders threatens the “viability of the truce” in the enclave. In a televised address, Hayya, who is also exile Gaza Hamas…
WASHINGTON, Dec 12 (Reuters) – The U.S. House of Representatives on Friday voted 213-184 to pass a bill that aims to speed up federal permitting of interstate natural gas pipelines by designating the Federal Energy Regulatory Commission as the lead agency in the process. The Improving Interagency Coordination for Pipeline Reviews Act gives the agency…
By Joey Roulette and Gursimran Mehar Dec 13 (Reuters) – SpaceX is preparing to go public next year and has opened a secondary share sale that would value the company at $800 billion, according to a letter to shareholders sent by the company’s CFO Bret Johnsen and reviewed by Reuters. The Elon Musk-led company’s move…
By Howard Schneider WASHINGTON, Dec 12 (Reuters) – Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living with home mortgage rates expected to remain comparatively high, tariff-related price increases on goods seen persisting through the first part of…
By Howard Schneider WASHINGTON, Dec 12 (Reuters) – Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living with home mortgage rates expected to remain comparatively high, tariff-related price increases on goods seen persisting through the first part of…
By Andrea Shalal and Trevor Hunnicutt WASHINGTON, Dec 12 (Reuters) – President Donald Trump on Friday honored members of the U.S. men’s ice hockey team who beat their Soviet rivals in what was called the “Miracle on Ice” during the 1980 Winter Olympic Games in Lake Placid. Trump hosted the players in the Oval Office…
(Refiles to say Nasdaq 100, not Nasdaq’s 100, in headline) By Shashwat Chauhan Dec 12 (Reuters) – Bitcoin hoarding giant Strategy may be at risk of being removed from the Nasdaq 100 index at its annual reshuffle on Friday, amid questions over its business model that have weighed on its share price, some analysts flagged…
