TMT

Transportation M&A nightmare worth the trip

JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York June 15, 2013. Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 8 (Reuters Breakingviews) – With transportation deals, as in life, it’s not the destination but the journey. Canadian Pacific Railway’s (CP.TO) plan to …

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US banks finally see upturn in credit-card borrowing

NEW YORK, June 10 (Reuters) – Big US banks including JPMorgan Chase & Co (JPM.N) and Citigroup (CN) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans. Last week, JPMorgan Chairman and CEO Jamie Dimon warned …

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Biden told it will take two weeks to have definitive data on Omicron variant

WASHINGTON, Nov 28 (Reuters) – The top US infectious disease official, Dr. Anthony Fauci, told President Joe Biden on Sunday it will take about two weeks to have definitive information on the new coronavirus variant Omicron that has sparked new travel restrictions and shaken financial markets. Biden, returning to Washington following the Thanksgiving holiday weekend, …

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Factbox: Companies offering abortion travel benefits to US workers

June 29 (Reuters) – A growing number of companies, including JPMorgan Chase & Co (JPM.N), Amazon.com Inc (AMZN.O), Tesla Inc (TSLA.O) and Walt Disney Co (DIS.N) are updating or changing their health insurance policies to offer travel benefits to US employees who may need to access out of state abortion services. The US Supreme Court …

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AmEx raises revenue forecast on surging travel spending

Credit cards of American Express are photographed in this illustration picture March 17, 2016. REUTERS / Kai Pfaffenbach / File Photo Register now for FREE unlimited access to Reuters.com Register July 22 (Reuters) – American Express Co’s (AXP.N) quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, …

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