Latest news with #ChrisReese
USA Today
23-05-2025
- Business
- USA Today
Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution Show Caption Hide Caption Luxury Qatari Boeing 747 jet accepted by Pentagon The Pentagon accepted an "unprecedented gift" from Qatar, a Boeing 747 that the White House plan to use as Air Force One. WASHINGTON - The Justice Department said on May 23 it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane crashes that killed 346 people. The agreement allows Boeing to avoid being branded a convicted felon and is a blow to families who lost relatives in the crashes and had pressed prosecutors to take the U.S. planemaker to trial. Boeing has agreed to pay an additional $444.5 million into a crash victims' fund that would be divided evenly per crash victim on top of an additional $243.6 million fine. The Justice Department expects to file the written agreement with Boeing by the end of next week. (Reporting by David Shepardson; Editing by Chris Reese)
Yahoo
07-05-2025
- Business
- Yahoo
Fanduel owner cuts US profit forecast on gamblers' winning streak
DUBLIN (Reuters) -Fanduel-owner Flutter cut its forecast for full-year U.S. profit growth on Wednesday after a winning streak for gamblers hit earnings at the world's largest online betting company for the second quarter in a row. Bookmakers tend to suffer when favourites win and Flutter expects U.S. core profit to be $180 million lower this year at $1.13 billion due to an unprecedented run of bettor-friendly results during the March Madness college basketball tournament. Flutter nudged up its group-wide profit forecast to $3.18 billion from $3.16 billion in March following a $100 million positive foreign currency impact and a $120 million acquisition contribution not included previously. (Reporting by Padraic Halpin; Editing by Chris Reese)
The Star
06-05-2025
- Politics
- The Star
India launches attack on 9 sites in Pakistan and Pakistan-occupied Jammu and Kashmir
(Reuters) - The Indian armed forces launched "Operation Sindoor," hitting nine sites in Pakistan and Pakistan-occupied Jammu and Kashmir, the government said in a statement on Wednesday. No Pakistani military facilities have been targeted, the statement added. (Reporting by Urvi Dugar; Editing by Chris Reese)
Reuters
06-05-2025
- Automotive
- Reuters
Amazon's robotaxi unit Zoox recalls vehicles after self-driving Las Vegas crash
Zoox, a self-driving vehicle owned by Amazon, is seen at the company's Headquarters during a test drive in Foster City, California, U.S. October 15, 2024. REUTERS/Carlos Barria/File Photo Purchase Licensing Rights , opens new tab Companies Inc Follow WASHINGTON, May 6 (Reuters) - (AMZN.O) , opens new tab self-driving unit Zoox agreed to recall 270 driverless vehicles after an unoccupied robotaxi was involved in an April 8 crash with a passenger car in Las Vegas. Zoox said there were no injuries in the crash involving a Zoox robotaxi and a passenger vehicle. Zoox paused operations for several days pending a safety review of the incident and developed a software update to address the issue. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here. Reporting by David Shepardson; Editing by Chris Reese Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights
Reuters
01-04-2025
- Business
- Reuters
Earthquake of magnitude 5.6 strikes Iceland, GFZ says
April 1 (Reuters) - An earthquake of magnitude 5.6 struck Iceland on Tuesday, the German Research Center for Geosciences (GFZ) said. The quake was at a depth of 10 km (6.21 miles), GFZ said. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Reporting by Pretish M J in Bengaluru; Editing by Chris Reese
