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Investing.com — The Consumer Financial Protection Bureau (CFPB) announced significant actions today to protect consumers from illegal credit card practices and help them save on interest and fees. The agency warned that some credit card companies running rewards programs might be breaking the law, such as illegally devaluing rewards points…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration said on Tuesday it will not require any immediate action after convening a review board to consider concerns about Boeing (NYSE:) 737 MAX engines after two bird strike incidents on Southwest Airlines (NYSE:) planes in 2023. The FAA Corrective Action…
By David Kirton and James Pomfret SHENZHEN/HONG KONG (Reuters) – Hundreds of Chinese investors who lost savings in the collapse of China Evergrande (HK:) launched a coordinated campaign this month to press authorities for an update on the failed property developer, according to people with knowledge of the effort. In…
The climate crisis is having profound effects across the globe, from more intense heat waves and drought to catastrophic floods and wildfires.Solving the crisis requires aggressive action across industries like energy, transportation, agriculture, and finance. These industries need new solutions to slash greenhouse-gas emissions and become more resilient to a…
By Rajesh Kumar Singh (Reuters) -A standoff between Air Canada and its pilots over a new labor contract escalated on Thursday, as the airline took the unusual step of saying Ottawa should be ready to intervene to head off a strike. The pilots’ union warned the federal government against such…
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take center stage as evidence mounts of slowing U.S. labor market. Futures markets now see…
Here’s something you don’t usually expect: partisans speaking at the convention of the opposing political party.It’s just one indication of what Vice President Kamala Harris and the Democrats are really after between now and Election Day: the vote of both independents and disillusioned Republicans.Even before Harris was the party’s nominee,…
JP Morgan analysts say American Airlines leadership isn’t doing enough to shore up profits, calm anxious investors, and improve stock performance after disappointing second-quarter results.”We weren’t expecting huge course corrections from American, though we thought they’d at least throw us a bone,” JP Morgan airlines analyst Jamie Baker wrote in…
By Gloria Dickie LONDON (Reuters) – U.N. Secretary General Antonio Guterres called on Thursday for countries to address the urgency of the extreme heat epidemic, fueled by climate change – days after the world registered its hottest day on record. “Extreme heat is the new abnormal,” Guterres said. “The world…
By Simon Jessop and Jake Spring LONDON/SAO PAULO (Reuters) – More than 100 companies, including Unilever (LON:), L’Occitane and Iberdrola (OTC:), have called on governments to enact tougher policies to reach a U.N. goal on halting nature loss by the end of the decade. With more than 1 million species…
