Reuters

By Rajesh Kumar Singh

CHICAGO (Reuters) - Southwest Airlines plans to offer its pilots reduced hours and, in effect, monthly pay, two people familiar with the matter said, as it grapples with higher costs and overstaffing due to delays in aircraft deliveries from Boeing.

The Dallas-based airline, which operates an all-Boeing fleet, has been reeling from the U.S. planemaker's ongoing safety crisis. Last week it warned of a hit to... (continue reading...)

By Nate Raymond

(Reuters) - The chief of staff to exiled Chinese businessman Guo Wengui pleaded guilty on Friday to conspiring with him to carry out a massive scheme that defrauded thousands of investors out of more than $1 billion.

Yvette Wang, 45, pleaded guilty in Manhattan federal court to conspiring to commit wire fraud and money laundering. Her plea came just three weeks before she was set to face trial alongside Guo.

MEXICO CITY (Reuters) -Mexican authorities have located three bodies in an area of northern Mexico where two Australians and one American were reported missing in Baja California, according to two sources with knowledge of the investigation.

Australian brothers Callum and Jake Robinson and American Jack Carter Rhoad were last seen on April 27, according to Baja California's prosecutor's office.

The three were on vacation surfing in the... (continue reading...)

By Daniel Wiessner

(Reuters) - President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them to bargain with those workers' unions.

The proposal to repeal the National Labor Relations Board rule passed Congress narrowly and it is unlikely Republicans can... (continue reading...)

By Katie Paul, Anna Tong and Krystal Hu

NEW YORK/SAN FRANCISCO (Reuters) - Prominent computer scientist Fei-Fei Li is building a startup that uses human-like processing of visual data to make artificial intelligence (AI) capable of advanced reasoning, six sources told Reuters, in what would be a leap forward for the technology.

Li, considered a pioneer in the AI field, raised money for the company in a recent seed funding round. Investors... (continue reading...)