US Postal Service second-quarter net loss narrows to $1.5 billion
(Reuters) - The United States Postal Service on Thursday reported a net loss of $1.5 billion for the second quarter ended March 31, compared to a net loss of $2.5 billion a year ago. (Reporting by Ananta agarwal; Editing by Pooja Desai)
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Suffering worst drought in decades, Costa Rica orders electricity rationing
By Alvaro Murillo SAN JOSE (Reuters) - Struck by the worst drought in five decades, Costa Rica announced an electricity rationing plan on Thursday, blaming a severe lack of rainfall that has hobbled hydroelectric plants. The Central American nation...
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Biden concerned over Boeing firefighters' lockout
By Allison Lampert and David Shepardson (Reuters) - U.S. President Joe Biden said on Thursday he is concerned that Boeing has locked out its unionized firefighters, raising pressure on the U.S. planemaker to resolve the contract dispute. Earlier th...
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US civil rights groups sue Iowa over immigrant arrest law
By Daniel Wiessner (Reuters) - Civil rights groups filed a lawsuit on Thursday seeking to block an Iowa law authorizing the arrest and prosecution of people who have returned to the U.S. after being deported, as a growing number of Republican-led s...
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US asylum change aims to speed up some rejections at Mexico border
By Ted Hesson WASHINGTON (Reuters) - A new U.S. asylum change proposed on Thursday aims to more quickly reject asylum seekers caught illegally crossing the U.S.-Mexico border if they pose certain criminal and national security concerns, a limited m...
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Gen Digital beats quarterly revenue estimates
(Reuters) - Cybersecurity firm Gen Digital beat Wall Street's fourth-quarter revenue estimate on Thursday, as customers spend more on cybersecurity networking solutions to combat sophisticated online threats. Demand for Gen Digital's cybersecurity ...
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Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty
By Howard Schneider FAIRFAX, Virginia (Reuters) - There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on Thursday, while adding she still has faith that p...
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US to determine cause of Southwest, FedEx jetliners near-miss incident
By David Shepardson WASHINGTON (Reuters) - The National Transportation Safety Board will hold a June 6 hearing to determine the probable cause of a February 2023 near- miss incident involving a FedEx cargo plane and a Southwest Airlines jet in Aust...
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Exclusive-Chinese EV maker Zeekr prices US IPO at top of range to raise $441 million, source says
By Echo Wang NEW YORK (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with the matter said....
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I've been allowed out of my cage, King Charles jokes during visit
LONDON (Reuters) - King Charles joked he had been "allowed out of his cage" on Thursday as the British monarch visited a military training college on his latest engagement since returning to public duties after his cancer diagnosis. "I do apologise...
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