Volvo Eyes Sale of Arquus to John Cockerill, Takes $87 Million Hit 

Jan. 15 By Greta Rosen Fondahn (Reuters) -Sweden’s Volvo said on Monday it had signed an option agreement to sell its Arquus defence unit to John Cockerill Defense, and would book a fourth-quarter operating loss from the deal of some 900 million Swedish crowns ($87.44…

US Airlines Cancel Over 2,000 Flights Due to Massive Winter Storm 

Jan. 12 By Nathan Gomes in Bengaluru (Reuters) -Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states ahead of a likely brutal freeze over the weekend. A total…

Analysis-Oil Tankers Continue Red Sea Movements Despite Houthi Attacks 

Jan. 9 By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants, a Reuters analysis of vessel tracking data…

Big Tech Rebuffs US Consumer Watchdog Plans to Supervise Digital Wallets 

Jan. 8 By Douglas Gillison (Reuters) -A U.S. watchdog’s plan to supervise companies like Apple and Alphabet’s Google that provide digital wallets and payment apps risks stifling innovation and keeping some players out of the market, their lobby group said on Monday. The warnings from…

‘Oppenheimer’ Triumphs at Golden Globes as Hollywood Parties Again 

Jan. 7 By Lisa Richwine and Danielle Broadway BEVERLY HILLS, California (Reuters) -Historical drama “Oppenheimer” dominated the Golden Globe awards on Sunday, and gothic comedy “Poor Things” upset summer blockbuster “Barbie,” as Hollywood threw its biggest party since labor disputes shut down much of show…

Sixth-Grade Student Killed in Iowa School Shooting, Suspect Dead 

Jan. 4 By Scott Morgan and Joseph Ax PERRY, Iowa (Reuters) -A sixth-grade student was killed on Thursday morning and five other people wounded when a 17-year-old opened fire at an Iowa school on the first day of classes following the winter break, law enforcement…