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Bombardier's Global 8000 jet receives certification from Transport Canada
Reuters· 2025-11-05 17:22
Bombardier said on Wednesday its Global 8000 business jet, expected to be the fastest civilian plane since the Concorde, has received a certification from Canada's transport regulator. ...
Spirit Airlines to cut about 150 jobs in turnaround effort
Reuters· 2025-11-05 17:16
Spirit Airlines said on Wednesday it would cut about 150 salaried roles, and discontinue service at five airports, including Milwaukee and Phoenix, by January as the low-cost carrier aims to turn itse... ...
US House lawmakers probe Delta Air Lines on use of AI in ticket pricing
Reuters· 2025-11-05 17:08
A group of two dozen U.S. House Democratic lawmakers asked Delta Air Lines CEO Ed Bastian on Wednesday to answer questions about whether it will use generative artificial intelligence to help set ticket prices. ...
Paramount+ to stream PBR's 'Unleash the Beast' in new five-year deal
Reuters· 2025-11-05 17:01
Skydance-owned Paramount and Professional Bull Riders have signed a five-year media rights agreement that would bring PBR's "Unleash the Beast" league series on Paramount+ starting in December, the co... ...
Oil producers need to step up drilling to sustain output, EIA says
Reuters· 2025-11-05 16:52
Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from existing wells, the U.S. Energy Information Administration said on Tuesday. ...
Embraer looks into new products, stresses financial discipline
Reuters· 2025-11-05 16:48
Embraer is studying new products that could drive long-term growth, but these would have to be considered in light of the Brazilian planemaker's finances, CEO Francisco Gomes Neto told Reuters. ...
Bristol Myers reaches $239 million settlement over psoriasis, MS drugs
Reuters· 2025-11-05 16:36
Bristol Myers Squibb reached a $239 million settlement of claims that former Celgene shareholders were defrauded about prospects for the psoriasis drug Otezla, and multiple sclerosis treatment now kno... ...
Bank of America's wealth unit eyes 4%-5% net new asset growth
Reuters· 2025-11-05 16:29
Bank of America's wealth business is targeting 4% to 5% net new asset growth in the medium term, executives said on Wednesday. ...
Deutsche Bank chairman Wynaendts nominated for another term
Reuters· 2025-11-05 16:26
Deutsche Bank's supervisory board nominated its Chairman Alexander Wynaendts for another term, the German bank said on Wednesday. ...
Orsted says it has no plans to merge with Equinor's renewables unit
Reuters· 2025-11-05 15:57
Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor , its second biggest shareholder, which has proposed closer ties between the co... ...