CHICAGO/WASHINGTON, May 16 (Reuters) – JetBlue Airways Corp (JBLU.O) is not taking no for an answer in its quest to buy rival Spirit Airlines (SAVE.N). On Monday, the New York-based carrier launched a hostile all-cash takeover bid for Spirit Airlines, two weeks after the low-cost carrier rejected an offer from the larger rival. JetBlue, which…
Tag: CMPNY
Golden arches to go dark in Russia as McDonald’s exits after 30 years
May 16 (Reuters) – McDonald’s Corp (MCD.N) on Monday became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% of its nearly 850…
Detroit Three automakers reinstate mask mandate at some Michigan facilities
An assembly worker of Ford Motor works on an F-series pickup truck at the Dearborn Truck Plant in Dearborn, Michigan, US, January 26, 2022. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register May 15 (Reuters) – General Motors Co (GM.N), Ford Motor Co (FN) and Chrysler parent Stellantis NV (STLA.MI) said…
California regulator rejects desalination plant despite historic drought
COSTA MESA, Calif., May 12 (Reuters) – California regulators on Thursday rejected a $1.4 billion desalination plant on environmental grounds, dealing a setback to Governor Gavin Newsom, who had supported the project as a partial solution for the state’s sustained drought. The California Coastal Commission voted 11-0 to reject the proposal by Poseidon Water, controlled…
Google unveils new 10-shade skin tone scale to test AI for bias
A Google employee speaks at the company’s annual I/O developer conference at the Shoreline Amphitheater in Mountain View, California, US, May 11, 2022. Google/Jana Asenbrennerova/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., May 11 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday unveiled a palette of 10 skin tones…
Musk says Starlink active in Ukraine as Russian invasion disrupts internet
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, US, June 13, 2019. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Feb 26 (Reuters) – SpaceX billionaire Elon Musk said on…
French police to investigate vandalism behind internet outage
PARIS, April 27 (Reuters) – The Paris prosecutor’s office said it has opened a probe into the causes of a major internet outage which affected France’s telecommunications network on Wednesday following reports of coordinated acts of vandalism. The French Telecoms Federation said attacks of vandalism had impacted telecoms networks in several regions, including the Ile-de-France…
Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play
Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India, October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com Register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for…
Elon Musk says Twitter legal team told him he violated an NDA
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register May 14 (Reuters) – Elon Musk on Saturday tweeted that Twitter Inc’s (TWTR.N) legal team accused him of violating a nondisclosure agreement by revealing that the sample…
Russia downed satellite internet in Ukraine -Western officials
US: Russian hack aimed at disrupting Ukrainian communications UK: Hack was ‘deliberate and malicious’ EU: Attack on Viasat caused ‘indiscriminate’ outages Russia routinely denies it carries out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyberattack against a satellite internet network that took tens of thousands of modems offline at the…