Business

American Airlines' wholly-owned regional subsidiary PSA Airlines plans to resume new pilot hiring this year, a positive sign for an industry that was ravaged last year by the coronavirus pandemic but is now preparing to ramp up flying.

Conservative U.S. Supreme Court justices signaled sympathy on Tuesday toward a bid by President Donald Trump's administration, backed by broadcast companies, to loosen regulations that critics have said promote a diversity of views in local broadcast media and ownership by racial minorities and women.

Tyson Foods Inc agreed to settle price-fixing litigation by consumers who accused it of illegally conspiring to inflate prices in the $65 billion chicken industry.

Netflix Inc said on Tuesday its global subscriber rolls crossed 200 million at the end of 2020 and projected it will no longer need to borrow funds to keep financing its broad slate of streaming TV shows and movies, sending shares up 12% after hours.

The negative impact of currency fluctuations on North American company results fell sharply in 2020's third quarter, reversing an upward trend, according to data from treasury and financial management firm Kyriba released on Tuesday.

Self-driving car maker Cruise and majority shareholder General Motors Co said on Tuesday they would partner with Microsoft Corp to accelerate the commercialization of driverless vehicles.