Reuters

By David Shepardson

WASHINGTON (Reuters) - The U.S. Treasury Department has set a minimum of $492 million in total it is seeking in next week's auctions to sell warrants to purchase shares in U.S. airlines the government received in exchange for COVID-19 assistance.

Congress approved $54 billion in COVID-19 air carrier bailouts in 2020 and 2021. Airlines were required to repay $14 billion of that total and Treasury received warrants to... (continue reading...)

(Reuters) - Trading app Robinhood Markets said on Tuesday it would repurchase shares worth up to $1 billion over a two to three year period starting from the third quarter.

The company has been rolling out new products such as a credit card for subscribers to its premium tier in its push to be a full-fledged financial services company.

It has also benefited from the positive sentiment among retail customers, who are dipping back into... (continue reading...)

By Will Dunham

WASHINGTON (Reuters) - Venus appears to be more volcanically active than previously known, according to scientists whose new analysis of decades-old radar images has spotted evidence of eruptions at two additional sites on the surface of Earth's inhospitable planetary neighbor.

Radar images obtained by NASA's Magellan spacecraft from 1990 to 1992 indicated large lava flows at these two locations in the Venusian northern... (continue reading...)

(Reuters) - Verizon said on Tuesday that it added Comcast's Peacock to its streaming subscription hub and plans to offer YouTube Premium at a discounted rate with myPlan subscriptions.

The telecom firm said it will offer YouTube Premium for $10 per month, offering savings of 30% to myPlan customers, starting Thursday.

Peacock streaming service, under NBCUniversal, will be made available from June 5 through Verizon's +play, an... (continue reading...)

By Pesha Magid

RIYADH (Reuters) - Egypt and the United Arab Emirates are still negotiating contracts for the massive Ras El Hekma development project on Egypt's Mediterranean coast, a prominent representative of the Egyptian tourism sector said.

Abu Dhabi sovereign wealth fund ADQ in February agreed to pay $24 billion for the rights to develop the vast, pristine Ras El Hekma peninsula, but as much as $150 billion in additional work is... (continue reading...)