Edition:
United Kingdom

Tracy Rucinski

United Airlines targets 50 percent cut in greenhouse gas emissions

13 Sep 2018

CHICAGO United Airlines said on Thursday it has set a goal to cut its greenhouse gas emissions by 50 percent over the next few decades to help reduce its carbon footprint and its dependence on fossil fuels.

United Airlines targets 50 pct cut in its greenhouse gas emissions

13 Sep 2018

CHICAGO, Sept 13 United Airlines <UAL.O > said on Thursday it has set a goal to cut its greenhouse gas emissions by 50 percent over the next few decades to help reduce its carbon footprint and its dependence on fossil fuels.

American Airlines sees return to revenue growth next year

26 Jul 2018

American Airlines expects a return to revenue growth next year after taking steps to mitigate the impact of higher fuel costs that hit second-quarter profitability, Chief Executive Doug Parker said on Thursday.

Credit Suisse nears $360 million deadline in fraud suit built on a hunch

11 Jul 2018

CHICAGO When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund Highland Capital Management, aggressively pursued legal action against Credit Suisse Group AG, which arranged the financing and appraisals for the project.

After bankruptcy, Gibson plots return to basics, and possibly ukuleles

27 Jun 2018

As Gibson Brands Inc targets an exit from Chapter 11 bankruptcy later this year, the iconic guitar maker plans a return to traditional guitars after an ill-fated attempt at computerizing them and possibly a foray into ukuleles, CEO Henry Juszkiewicz told Reuters on Wednesday.

In wind-down, bankrupt Suniva wants to abandon solar panels

20 Jun 2018

A U.S. solar company that convinced Washington to impose protective tariffs on cheap imports to help it survive is seeking bankruptcy court approval to abandon its inventory of solar panels as it winds down operations.

In wind-down, bankrupt Suniva wants to abandon solar panels

20 Jun 2018

June 20 A U.S. solar company that convinced Washington to impose protective tariffs on cheap imports to help it survive is seeking bankruptcy court approval to abandon its inventory of solar panels as it winds down operations.

U.S. gunmaker Remington exits bankruptcy in tough gun climate

17 May 2018

U.S. weapons manufacturer Remington Outdoor Co Inc said on Thursday it had emerged from Chapter 11 bankruptcy with less debt and more stable financing that may help it ride out a slowing market for firearms.

A bid to save $300 million at HCR ManorCare, and disrupt U.S. healthcare

15 May 2018

CHICAGO Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network for America's aging population that will succeed where so many other models have struggled.

Sears shares soar on Amazon tie-up; CEO says still not over 'hump'

09 May 2018

HOFFMAN ESTATES, Ill. Sears Holdings Corp shares jumped 16 percent on Wednesday after the company announced a tyre service partnership with Amazon.com, part of Chief Executive Officer Edward Lampert's strategy to make the troubled retailer profitable again.

World News