By Rajesh Kumar Singh
CHICAGO (Reuters) - United Airlines will hire fewer-than-expected employees this year due to delays in aircraft deliveries from Boeing, a company executive said on Tuesday.
Kate Gebo, head of United's human resources and labor relations, told reporters the airline currently expects to hire close to 10,000 new employees in 2024 compared with 13,000 to 15,000 employees planned earlier.
Since January, the... (continue reading...)
(Reuters) - Cannabis producer Green Thumb Industries has expressed an interest in merging with U.S.-based brewer Boston Beer, the Wall Street Journal reported on Tuesday, citing a letter sent to Boston Beer founder Jim Koch.
In the letter, Green Thumb CEO Ben Kovler said the merger would allow his company, currently listed in Canada, to be listed on a major U.S. exchange, WSJ reported.
The report also attributed Kovler as saying that he... (continue reading...)
By Tim Hepher, Lisa Barrington and Aditi Shah
DUBAI (Reuters) - Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit struggling to square near-record demand with supply chain problems and pressure to meet environmental goals.
The aviation industry has committed to reducing net emissions to zero by 2050 largely through plant-based Sustainable Aviation Fuels (SAF).
... (continue reading...)By Pranav Kashyap
(Reuters) - Andrew Left, the founder of Citron Research, is again betting against retail investors' favorite GameStop, which is back in the limelight after super-bull "Roaring Kitty" Keith Gill resurfaced online following a three-year hiatus.
Citron was forced to close its short position in GameStop at a loss in 2021, after retail traders ganged up against heavily shorted stocks on online forums to drive rallies, which... (continue reading...)
By Jonathan Stempel
(Reuters) - General Mills has been sued by eight Black employees who accused the food company of tolerating decades of racism at a suburban Atlanta plant led by white managers known as the Good Ole Boys.
A complaint filed on Sunday said managers at the Covington plant, which makes cereal and trail mix, favor whites for promotions over more qualified Blacks, subject Blacks to tougher performance standards, and... (continue reading...)
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