Business

WestJet reaches tentative deal with flight attendants after brief strike snarled traffic

Monday, August 3 by SRN News

Canada's second largest airline, WestJet, has agreed to a tentative agreement with flight attendants to end a strike that led to hundreds of flight cancellations and thousands of stranded passengers. The union representing the flight attendants said Monday that if the deal is ratified, the... Read More.

Chinese copper foil giant Londian Wason eyes $1.7 billion valuation in US IPO

Monday, August 3 by SRN News

Aug 3 (Reuters) - Londian Wason New Energy Tech is targeting a valuation of up to $1.7 billion in its U.S. initial public offering, the Chinese copper foil maker said on Monday. The listing will be a crucial test of investor appetite for Chinese IPOs... Read More.

Allegiant pilots ratify two-year deal with carrier

Monday, August 3 by SRN News

Aug 3 (Reuters) - The Teamsters Union said on Monday that nearly 1,300 pilots at Allegiant Travel have ratified a new two-year collective agreement, securing higher hourly wages as well as improvements to retirement benefits and work rules. The agreement follows years of contentious negotiations,... Read More.

War-fueled oil rally set to lift shale profits to highest since 2022

Monday, August 3 by SRN News

By Katha Kalia and Dharna Bafna Aug 3 (Reuters) - U.S. shale producers are expected to report their strongest quarterly profits since 2022 after the Iran war sent crude prices soaring, with analysts expecting much of the windfall to be returned to shareholders... Read More.

Planemakers and repair shops take steps to conserve aircraft windows in tight market

Monday, August 3 by SRN News

By Allison Lampert Aug 3 (Reuters) - Planemakers, airlines and repair shops are conserving aircraft windows after an incident at a key California factory worsened shortages of a part needed for both new aircraft and routine maintenance, companies and industry sources said. GKN Aerospace, one of... Read More.

KKR to take medical equipment maker Integer Holdings private in $5.7 billion deal

Monday, August 3 by SRN News

Aug 3 (Reuters) - Private equity giant KKR will take Integer Holdings private in an all-cash deal valued at about $5.7 billion, the medical-device outsourcing firm said on Monday. Shares of Plano, Texas-based Integer Holdings rose 2.4% in premarket trading. KKR's takeover of Integer comes... Read More.

Marriott raises annual room revenue growth forecast

Monday, August 3 by SRN News

Aug 3 (Reuters) - Hotel operator Marriott International raised its full-year room revenue growth forecast on Monday, betting that strong travel demand would drive bookings for its properties. The Bethesda, Maryland-based company expects 2026 revenue per available room (revPAR) - a key lodging metric that... Read More.

Wall St futures gain on Mideast deal hopes; healthcare in focus

Monday, August 3 by SRN News

By Johann M Cherian and Shashwat Chauhan Aug 3 (Reuters) - U.S. stock index futures rose on Monday as signs of de-escalating tensions in the Middle East dragged down crude prices, while investors prepared for another week packed with earnings and economic data. Traders also weighed... Read More.

Trump brothers-backed American Bitcoin swings to second-quarter loss

Monday, August 3 by SRN News

Aug 3 (Reuters) - American Bitcoin, backed by two of U.S. President Donald Trump's sons, swung to a second-quarter loss on Monday, hurt by a selloff in the cryptocurrency. Market volatility from surging geopolitical tensions has pushed investors into a risk-off mode, piling pressure on... Read More.

Japan’s Nissan sees profit for latest quarter but warns of Middle East and China woes

Monday, August 3 by SRN News

TOKYO (AP) - Nissan Motor Corp. reported Monday that it returned to profit in the first quarter of the year, helped by cost cutting measures and improved sales in some markets. Nissan, based in the port city of Yokohama, said it recorded a 3.8 billion... Read More.

Current Weather

WestJet reaches tentative deal with flight attendants after brief strike snarled traffic

Chinese copper foil giant Londian Wason eyes $1.7 billion valuation in US IPO

Allegiant pilots ratify two-year deal with carrier

War-fueled oil rally set to lift shale profits to highest since 2022

Planemakers and repair shops take steps to conserve aircraft windows in tight market

KKR to take medical equipment maker Integer Holdings private in $5.7 billion deal

Marriott raises annual room revenue growth forecast

Wall St futures gain on Mideast deal hopes; healthcare in focus

Trump brothers-backed American Bitcoin swings to second-quarter loss

Japan’s Nissan sees profit for latest quarter but warns of Middle East and China woes

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