By Mike Stone, Tim Hepher and Abhijith Ganapavaram WASHINGTON (Reuters) – Hashed out in three-way talks between plane giants and one of their key suppliers, Boeing’s $4.7 billion deal to buy back Spirit AeroSystems is a rare triangular deal born out of crisis. The merger, variously code-named “Sphere” and “Sparrow,” had been in the making […]
Jun. 23—On the rocky back shore of Peaks Island lies a small beach where, for at least a decade, likely longer, people have stacked the shore’s flat, shale rocks into towers that teeter over the landscape. The structures are knocked down often, either by high tides or by other people, and are quickly replaced. They […]
Jun. 23—On the rocky back shore of Peaks Island lies a small beach where, for at least a decade, likely longer, people have stacked the shore’s flat, shale rocks into towers that teeter over the landscape. The structures are knocked down often, either by high tides or by other people, and are quickly replaced. They […]
A divided federal appeals court panel in Washington rejected Steve Bannon’s emergency bid to stay out of prison while he appeals his contempt of Congress conviction. The rejection moves the Donald Trump ally a step closer to reporting to prison July 1 to serve his four-month sentence, though the Supreme Court can still intervene. A […]
ROME (Reuters) – The Italian parliament approved a contested reform granting regions more powers after a stormy all-night sitting, an overhaul critics say will worsen the historic divide between the country’s wealthy north and poorer south. Championed by the League party in the coalition government, the lower house passed the reform early on Wednesday after […]
A scene in Minnesota after George Floyd died in the custody of Minneapolis police and residents erupted in anger. Floyd’s death sparked a wave of protests across the country and renewed calls for police reform. (Photo by Tony Webster/Minnesota Reformer) Tragedy seldom unifies Americans today. Every year, horrific crises induce tremendous suffering. Most are privately […]
The debate on Wall Street about the rise of private credit is getting louder. On one side is the boss of the largest US bank, Jamie Dimon, who argues that increased lending by private equity firms, money managers, and hedge funds creates more opportunities to let risks outside the regulated banking system go unmonitored. “I […]
At a recent event, Supreme Court Justice Samuel Alito was asked how the country can become less polarized. He responded, “I wish I knew. I don’t know. … American citizens in general need to work on this to heal this polarization because it’s very dangerous.” Alito went on to say he doubted the court itself […]
TALLAHASSEE, Fla. — A panel of three federal appeals court judges appeared divided at a hearing Friday on the constitutionality of a Florida law signed by Gov. Ron DeSantis that would limit what state university professors say to students in the classroom. Florida’s “Stop Woke” law threatens college professors at public universities with consequences that […]
The Melrose Gate of Paramount Pictures movie studio. (Al Seib / Los Angeles Times) Paramount Global’s board of directors is poised to vote Tuesday on David Ellison’s proposed takeover of the troubled media company amid divisions among board members, which have raised the level of drama in an already tumultuous sale process. Two sources familiar […]
Refusing to commit to accepting the results of the 2024 election has become a litmus test for Republicans jockeying to become former President Trump’s running mate, but that’s making their Senate GOP colleagues uncomfortable about the prospect of another Jan. 6-style standoff if Trump loses. A group of Senate Republicans are rejecting the idea that […]
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