(Reuters) – The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April. The Unite... More »
CHICAGO (Reuters) – United Airlines (UAL.O) said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even as its cash burn rate slows thanks to a steady improvement in demand. So f... More »
Though several NBA players on Friday reportedly voiced their opposition to resuming the season as a protest against racism and social injustice, ESPN reported that the Los Angeles Lakers’ players remain undivided on the resumption of the season. The news came ... More »
(Reuters) – The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence, it said in a filing on Wednesday. USO said it may ... More »
BOSTON (Reuters) – Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor rejected the offer, two sources familiar with the matter said on Thursday. “Your ‘best ... More »
(Reuters) – Driver Management Company LLC, an activist investor focused on U.S. banks, renewed calls on Wednesday for First United Corp (FUNC.O), the holding company for Maryland community bank First United Bank & Trust, to sell itself. First United’s shares h... More »
SEATTLE (Reuters) – The first American spacecraft expected to land on the moon in nearly 50 years will be an unmanned robotic lander built by closely held Astrobotic Technology Inc and launched in two years by United Launch Alliance’s Vulcan rocket, the compan... More »
SINGAPORE (Reuters) – The U.S. Federal Aviation Administration’s (FAA) reputation has taken a hit as a result of the Boeing Co 737 MAX grounding, United Airlines President Scott Kirby said on Monday. “The brand of the FAA has certainly been impacted by this,” ... More »
FILE PHOTO: A logo of Germany’s telecommunications giant Deutsche Telekom AG is seen before the company’s annual news conference in Bonn, Germany, March 2, 2017. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – The billionaire founder of United Interne... More »
A drone demonstrates delivery capabilities from the top of a UPS truck during testing in Lithia, Florida, U.S. February 20, 2017. REUTERS/Scott Audette Package delivery company United Parcel Service Inc said on Tuesday it will consider raising prices across th... More »
A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »
United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville, Kentucky December 3, 2015. REUTERS/John Somm... More »
