Airline SAS files for US bankruptcy protection as strike grounds flights

Airline SAS files for US bankruptcy protection as strike grounds flights

Airline files for Chapter 11 in the United States Filing comes after pilot strike began on Monday Strike grounding roughly half of airline’s flights STOCKHOLM, July 5 (Reuters) – Scandinavian airline SAS (SAS.ST) has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, warning strike action by pilots … Read more

Large US law firms mostly quiet on abortion ruling, are walking a ‘tightrope’

Large US law firms mostly quiet on abortion ruling, are walking a 'tightrope'

June 26 (Reuters) – The largest US law firms did not take a public stance following the US Supreme Court’s reversal of Roe v. Wade on Friday, diverging from the approach of some major companies that have made statements on the closely watched abortion case. The high court’s 6-3 Dobbs decision upheld a Republican-backed Mississippi … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more