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Business

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China’s top airlines report deeper Q1 losses amid trade tensions
China's largest airlines see losses in Q1 from competition, US tariffs

BEIJING, China: China's top airlines are still grounded in red ink, reporting steeper losses for the first quarter as they battle fierce...

GM recalls 720,000 vehicles over V8 engine defect
GM recalling 721,000 vehicles globally over engine issue

WASHINGTON, D.C.: General Motors is recalling more than 720,000 vehicles globally over a defect linked to its 6.2L V8 engines, the...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

JERA to consider Alaska as a potential LNG supplier
Japan's JERA may consider Alaska as LNG supply option

TOKYO, Japan: Japan's biggest power company, JERA, says it might buy liquefied natural gas (LNG) from Alaska. This comes as Japanese...

U.S. stocks bounce higher on non-farm payrolls data
Positive jobs report lights up Wall Street

NEW YORK, New York - A better-than-expected jobs report boosted U.S. stock markets Friday.  Total nonfarm payroll employment increased...

Toyota considers major buyout of key supplier Toyota Industries
Toyota could invest in potential $42 billion buyout of key supplier

TOKYO, Japan: Toyota Motor is weighing a potential investment in a primary buyout of one of its key suppliers, Toyota Industries, the...

New York

Section
Trump administration approves summer sales of E15 fuel
US allows temporary sales of summertime higher-ethanol fuel

NEW YORK CITY, New York: This week, the Trump administration has approved an emergency rule that allows gas stations across the U.S....

Automakers urge Congress to block California gas car ban
Automakers want Congress to bar California 2035 electric vehicle plan

WASHINGTON, D.C.: Major automobile companies want Congress to stop California's plan to ban the sale of gas-only cars by 2035—a rule...

Colgate-Palmolive beats estimates, lifts sales outlook
Colgate-Palmolive's quarterly results raise annual sales forecast

NEW YORK CITY, New York: Colgate-Palmolive posted stronger-than-expected quarterly results and raised its annual sales outlook last...

Serbian president cancels meetings in Washington media
Serbian president cancels meetings in Washington  media

Aleksandar Vucic reportedly had to end his visit to the US due to health issues Serbian President Aleksandar Vucic abruptly ended...

Trump shares image of himself as pope
Trump shares image of himself as pope

An AI-generated image shows the US president in papal robes as the Vatican prepares to elect a new pope after Francis death US President...

Trump posts image of himself as Pope after joking it would be his "number one choice"
Trump posts image of himself as Pope after joking it would be his "number one choice"

Washington DC [US], May 3 (ANI): After joking that it would be his 'number one choice' to lead the Catholic Church, US President Donald...