JetBlue goes hostile to buy Spirit Airlines after rejection

CHICAGO / WASHINGTON, May 16 (Reuters) – JetBlue Airways Corp (JBLU.O) is not taking no for an answer in its quest to buy rival Spirit Airlines (SAVE.N). On Monday, the New York-based carrier launched a hostile all-cash takeover bid for Spirit Airlines, two weeks after the low-cost carrier rejected an offer from the larger rival. … Read more

Golden arches to go dark in Russia as McDonald’s exits after 30 years

May 16 (Reuters) – McDonald’s Corp. (MCD.N) on Monday became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% of its nearly 850 … Read more

Ukraine claims battlefield successes in northeast as Russians fall back

Ukraine says its forces have pushed through to Russian border Russia warns of consequences over Finland, Sweden NATO move NATO chief says Russian offensive not going to plan Situation still tough in south RUSKA LOZOVA, Ukraine / KYIV, May 16 (Reuters) – Ukrainian troops counter-attacking Russian forces in the country’s northeast have pushed them back … Read more

Churchgoers hog-tie gunman after shooting in California kills one

LOS ANGELES, May 15 (Reuters) – A gunman opened fire in a Southern California church during a lunch banquet on Sunday, killing one person and wounding five, before churchgoers detained the suspect and hog-tied his legs with an electrical cord, authorities said . Police responded to the incident that unfolded at about 1:30 pm local … Read more

Stocks, oil slip as dire China data feed recession fears

Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in Bangkok, Thailand March 13, 2020. REUTERS / Juarawee Kittisilpa / Files Register now for FREE unlimited access to Reuters.com Register Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pair gains, S&P 500 … Read more

North Korea reports more deaths, says taking ‘swift measures’ against COVID outbreak

SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country began its fourth day during a nationwide lockdown aimed at stopping the impoverished country’s first confirmed COVID-19 outbreak. North Korea’s admission on Thursday that it is battling an “explosive” COVID-19 outbreak has raised concerns that … Read more

Front lines shift in Donbas as Ukraine mounts counteroffensive

Russian forces make some advances in Donbas – Ukraine military Ukraine says it is on the offensive near Izium Russian Donbas campaign has lost momentum – British military Preparations made for NATO bids by Nordic sates – Germany KYIV, Ukraine, May 15 (Reuters) – The front lines in the Ukraine war had shifted on Sunday … Read more

Gunman kills 10 in live-streamed racial attack on New York state supermarket

BUFFALO, NY, May 14 (Reuters) – An 18-year-old white gunman shot 10 people to death and wounded three on Saturday at a grocery store in a Black neighborhood of upstate New York, before surrendering after what authorities called an act of “racially motivated violent extremism.” Authorities said the suspect, who was armed with an assault-style … Read more

Elon Musk says Twitter legal team told him he violated the NDA

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Register May 14 (Reuters) – Elon Musk on Saturday tweeted that Twitter Inc’s (TWTR.N) legal team accused him of violating a nondisclosure agreement by revealing that … Read more

UAE strongman Sheikh Mohammed bin Zayed named new president

MbZ becomes president at a time of tension with US He led a Middle East realignment, forging ties with Israel UAE has also deepened ties with Russia and China Economic development a priority driving foreign policy DUBAI, May 14 (Reuters) – The United Arab Emirates’ de facto leader Sheikh Mohammed bin Zayed al-Nahyan was elected … Read more