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Business

Canada's WestJet CEO faces labor headwinds as pilots weigh strike

MONTREAL (Reuters) - WestJet Airlines new chief executive is facing his first major test as the Canadian carrier's pilots weigh strike action and larger rival Air Canada on Thursday offered to accommodate travelers if there is a disruption.

    Business

    MetLife trims compensation for CEO, CFO in year marked by errors

    (Reuters) - MetLife Inc reduced total 2017 compensation for its chief executive and chief financial officer, a year marked by two key errors, including payments it failed to make to pensioners whom it could not locate, according to a filing on Thursday.

      Business

      U.S. business spending on equipment cooling; labor market strong

      WASHINGTON (Reuters) - New orders for key U.S.-made capital goods fell in March, weighed down by the biggest decline in demand for machinery in nearly two years, and a drop in shipments cemented expectations that business spending on equipment slowed in t

        Business

        Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday: source

        FRANKFURT (Reuters) - Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday.

          Science

          At least 10 youths missing in flash flood in southern Israel

          JERUSALEM (Reuters) - At least 10 youths were missing after they were swept away by a flash flood in the Negev Desert in southern Israel on Thursday, and seven others were in critical condition, police and emergency services said.

            Technology

            EU strikes deal forcing Netflix, Amazon to fund European content

            BRUSSELS (Reuters) - EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services including Netflix and Amazon's video service to help fund European films and TV shows.

              Sport

              Nadal eases into Barcelona quarters, Dimitrov edges Jaziri

              BARCELONA (Reuters) - World number five Grigor Dimitrov survived an almighty scare against outsider Malek Jaziri on Thursday to edge into the Barcelona Open quarter-finals beating the Tunisian 7-5 3-6 7-6(8) following a nail-biting tiebreak.

                Business

                Airbus heads for dogfight with UTC over CSeries costs

                PARIS/MONTREAL (Reuters) - Airbus is preparing to cross swords with United Technologies over the price of components and services for the Bombardier CSeries in a bid to make it easier to market the jet it agreed to bail out last year, people close to the

                  Top News

                  Myanmar activists urge president to release jailed Reuters journalists

                  YANGON (Reuters) - Myanmar civil groups signed an open letter to the country's president on Thursday, urging him to immediately release two Reuters reporters accused of possessing secret government papers and police officers involved in what it called an

                    Business

                    New York Times names company veteran Roland Caputo as CFO

                    (Reuters) - The New York Times Co on Thursday named Roland Caputo as its next chief financial officer, tapping a company veteran to succeed James Follo whose retirement was announced in October.

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