NEW YORK (Reuters) – United Continental Holdings Inc (UAL.N) said on Tuesday passenger unit revenue rose 2.1 percent in the second quarter, but unit operating costs, excluding fuel, rose more than 3 percent as rising labor costs weighed on the industry. The No. 3 U.S. airline by passenger traffic outperformed analysts’ expectations on key financial
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WASHINGTON D.C./CARACAS (Reuters) – The Trump administration is preparing sanctions against several senior Venezuelan officials, U.S. officials said on Tuesday, to pressure President Nicolas Maduro to abort plans for a controversial congress foes say would cement dictatorship. Maduro’s leftist government vowed on Tuesday, however, to proceed with the July 30 vote for the new Constituent
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(Reuters) – Johnson & Johnson (JNJ.N) on Tuesday raised its full-year profit forecast and reported better-than-expected quarterly earnings, helped by strong demand for its newer products such as cancer drug Darzalex. J&J is banking on newer pharmaceutical products to reaccelerate growth and to counter slowing demand for some of the company’s key products, including its
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CALGARY, Alberta (Reuters) – Canada was deploying military aircraft and Australia was sending 50 firefighters to battle rapidly spreading wildfires in British Columbia that have forced 39,000 people from their homes, federal Public Safety Minister Ralph Goodale said on Monday. Goodale told reporters the western Canadian province had made two requests of the federal government
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WASHINGTON (Reuters) – Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill in the Senate collapsed late on Monday, with President Donald Trump calling for an outright repeal of Obamacare and others seeking a change in direction toward bipartisanship. “Regretfully, it is now apparent that
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WASHINGTON (Reuters) – The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. In a much-anticipated document sent to lawmakers, U.S. Trade Representative Robert Lighthizer said he
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(Reuters) – A powerful earthquake of magnitude 7.8 off Russia’s Kamchatka Peninsula triggered a tsunami warning but the threat has now passed, the U.S. Geological Survey and U.S. Pacific Tsunami Center said. The quake struck at 11:34 a.m. on Tuesday (2334 GMT on Monday) some 125 miles (200 km) from the city of Nikolskoye on
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