12:15 PM EDT, 08/01/2024 (MT Newswires) -- (Adds statement from Airlines for America trade group in the third and fourth paragraphs.) The US Department of Transportation proposed a new rule that would prohibit airlines from charging so-called junk fees to families seeking to sit together on flights, the regulator said Thursday. The proposed rule would require airlines to seat parents...

12:20 PM EDT, 08/01/2024 (MT Newswires) -- Fifth District Bancorp (FDSB) shares rose 3.5% in recent Thursday trading following the company's debut on the Nasdaq Capital Market. The stock opened at $10.75, above the IPO price of $10. The company said late Wednesday it had completed its IPO of 5.5 million common shares for gross proceeds of $54.6 million. Price:...

12:14 PM EDT, 08/01/2024 (MT Newswires) -- MultiPlan ( MPLN ) shares were down about 18% in recent Thursday trading after the company reported a wider Q2 loss from a year ago and lowered its full-year revenue guidance. The company reported a Q2 net loss of $0.89 per diluted share, compared with a loss of $0.06 a year earlier. Two...

By Savyata Mishra Aug 1 (Reuters) - Makers of ATVs, boats and other recreational vehicles are staring at a bleak summer as caution around big-ticket purchases amid high interest rates has dashed hopes of a demand recovery for big manufacturers of leisure products. In the wake of the coronavirus pandemic, consumers with money to spend took advantage of low rates...