Walmart’s long-lasting challenge: luring budget shoppers back to its stores

Walmart's long-lasting challenge: luring budget shoppers back to its stores

Aug 11 (Reuters) – Walmart Inc (WMT.N) could face an uphill battle to reclaim US shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are no signs shoppers … Read more

Biden heading to South Carolina for beach vacation

Biden heading to South Carolina for beach vacation

US President Joe Biden delivers remarks during a signing event for the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, US, August 9, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 10 (Reuters) – Finally over his coronavirus infection, President Joe … Read more

US lawmakers look to crack down on airlines over canceled flights

US lawmakers look to crack down on airlines over canceled flights

WASHINGTON, Aug 9 (Reuters) – Two US House Democrats on Tuesday proposed making it unlawful for airlines to offer flights if they know they lack sufficient staff or to cancel flights close to scheduled departures because of foreseeable staffing issues. In a summer of growing frustration over tens of thousands of canceled flights, Representatives Jan … Read more

US sour crude cargo sails to Germany as Russia sanctions bite

US sour crude cargo sails to Germany as Russia sanctions bite

LONDON/HOUSTON, Aug 8 (Reuters) – A tanker of US sour crude was delivered at Germany’s port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local refiners test alternatives to Russian oil. The European Union plans an almost-complete embargo of Russian barrels by year-end, and is … Read more

Transportation M&A nightmare worth the trip

Transportation M&A nightmare worth the trip

JetBlue Airways aircraft 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 … Read more

Two more grain ships sail from Ukraine as third port opens

Two more grain ships sail from Ukraine as third port opens

10 ships have now sailed under deal with Russia Third port of Pivdennyi up and running under the deal First shipment completed since Ukraine exports relaunched ISTANBUL, Aug 8 (Reuters) – Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten … Read more

US hotels spin travel demand into gold as airlines struggle

US hotels spin travel demand into gold as airlines struggle

A man exits the Four Seasons Hotel, which was later clarified by President Donald Trump’s official Twitter channel as not the Four Seasons location mentioned for the legal team’s press conference, in Philadelphia, Pennsylvania, US November 8, 2020. The press conference was subsequently held at the Four Seasons Total Landscaping company in Philadelphia. REUTERS/Mark Makela … Read more

Airbnb’s tepid bookings target muddies record quarter, shares slide

Airbnb's tepid bookings target muddies record quarter, shares slide

Airbnb logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – Vacation rental Airbnb Inc (ABNB.O) on Tuesday forecast bookings for the current quarter at par with the record-breaking previous one, disappointing investors who had expected … Read more

United, US FAA spar over blame for summer air travel problems

United, US FAA spar over blame for summer air travel problems

WASHINGTON, July 6 (Reuters) – The US aviation system is expected to “remain challenged this summer and beyond” and the Federal Aviation Administration (FAA) needs more air traffic control staff, a senior United Airlines (UAL.O) executive said on Wednesday. The FAA responded to United Wednesday, saying on July 3 and 4 “there were no FAA … Read more

Taiwan’s China Airlines eyes A330 replacement, future freighter options

Taiwan's China Airlines eyes A330 replacement, future freighter options

A China Airlines Cargo plane taxis at the Taiwan Taoyuan International Airport in Taoyuan, Taiwan, January 7, 2021. REUTERS/Ann Wang Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Taiwan’s China Airlines Ltd (2610.TW) is “actively” looking at options to replace its aging fleet of 22 Airbus SE (AIR.PA) A330 widebodies … Read more