Business

US targets $2.2 billion in rebates to airlines that retrofit planes over wireless interference

Friday, July 24 by SRN News

By David Shepardson WASHINGTON, July 24 (Reuters) - Major U.S. airlines will need to retrofit planes by the end of 2030 to address potential wireless interference after a new auction of wireless spectrum, but the carriers will be eligible for as much as $2.2 billion... Read More.

Embraer’s backlog hits record $34.5 billion in the second quarter, rising 16%

Friday, July 24 by SRN News

SAO PAULO, July 24 (Reuters) - Brazilian aircraft manufacturer Embraer said on Friday its firm order backlog hit a record of $34.5 billion at the end of the second quarter, up 16% from a year earlier. • The commercial aviation backlog stood at $15.1 billion... Read More.

US hits network of Iranian financier Zanjani with more sanctions

Friday, July 24 by SRN News

By Andrea Shalal WASHINGTON, July 24 (Reuters) - The United States on Friday announced further sanctions against nine firms and four people associated with sanctioned Iranian financier Babak Zanjani for their efforts to evade U.S. sanctions as U.S. forces escalated their strikes across the Gulf... Read More.

Exclusive-Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say

Friday, July 24 by SRN News

By Svea Herbst-Bayliss NEW YORK, July 24 (Reuters) - Investment firms Blackstone and Donerail are among the final bidders to acquire MarineMax, two people familiar with the matter said on Friday, as the recreational yacht retailer explores selling itself. The two, as well as private equity... Read More.

White House wants veterans to replace immigrant truckers who lost their licenses in crackdown

Friday, July 24 by SRN News

The Trump administration wants soldiers to consider becoming truck drivers when they leave the military to help replace the tens of thousands of immigrant drivers who lost their licenses in a crackdown this year. A new campaign launched Friday will promote programs that let veterans... Read More.

Ford to recall more than 565,000 US vehicles over engine compartment fire risk

Friday, July 24 by SRN News

July 24 (Reuters) - Ford is recalling 565,691 vehicles in the U.S. as the engine compartment wiring harness may become damaged and short circuit, the National Highway Traffic Safety Administration said on Friday. Here are the details: • The recall affects certain 2021-2026 Bronco and Bronco... Read More.

Outbreak of diarrhea-causing parasite linked to 4 more states

Friday, July 24 by SRN News

WASHINGTON (AP) - Federal health officials on Friday said they have linked cases of a diarrhea-causing parasite tied to shredded lettuce to an additional four states, expanding the scope of the largest U.S. outbreak of cyclospora. The Centers for Disease Control and Prevention said the... Read More.

White House correspondents’ dinner, redux: What will Trump have to say?

Friday, July 24 by SRN News

When guests arrive for the rescheduled White House Correspondents' Association dinner on Friday at Washington's Waldorf Astoria hotel, security will be much tighter, the guest list smaller, the partying pared down. That much, the correspondents' association can control. What remains out of its control -... Read More.

Wall St opens subdued after tech rout; Mideast, tariffs in focus

Friday, July 24 by SRN News

July 24 (Reuters) - Wall Street's main indexes opened subdued on Friday after a tech-led selloff in the previous session, as investors digested fresh earnings, escalating Middle East tensions and a new tariff announcement from the Trump administration. The Dow Jones Industrial Average rose 79.7... Read More.

Bank of America hikes common stock dividend by 14%

Friday, July 24 by SRN News

NEW YORK, July 24 (Reuters) - Bank of America said on Friday it has increased its quarterly common stock dividend by 4 cents or 14%, to 32 cents a share, with its CEO Brian Moynihan citing the lender's commitment to return excess capital to... Read More.

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Current Weather

US targets $2.2 billion in rebates to airlines that retrofit planes over wireless interference

Embraer’s backlog hits record $34.5 billion in the second quarter, rising 16%

US hits network of Iranian financier Zanjani with more sanctions

Exclusive-Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say

White House wants veterans to replace immigrant truckers who lost their licenses in crackdown

Ford to recall more than 565,000 US vehicles over engine compartment fire risk

Outbreak of diarrhea-causing parasite linked to 4 more states

White House correspondents’ dinner, redux: What will Trump have to say?

Wall St opens subdued after tech rout; Mideast, tariffs in focus

Bank of America hikes common stock dividend by 14%

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