WASHINGTON (Reuters) - The long-time head of the trade group Airlines for America who helped U.S. airlines win $54 billion in federal COVID relief funds will retire at the end of the year. Nick Calio, a former aide to President George W. Bush, has headed the influential airline lobbying group since 2011 that includes American Airlines ( AAL ), Delta...

NEW YORK (Reuters) -Colonial Pipeline, the largest refined products pipeline operator in the United States, said on Tuesday it was responding to a report of a potential gasoline leak in Paulding County, Georgia and that one of its mainlines was temporarily shut down. Crews were on the scene coordinating response efforts, the company said. The pipeline that was shut was...

Meta Platforms Inc ( META ) shares are trading lower. The company on Tuesday announced performance-based job cuts that could impact about 5% of the company’s total workforce. What Happened: According to a Bloomberg report citing an internal memo to employees, Meta is cutting approximately 5% of its 72,000 workers based on performance. “I've decided to raise the bar on...

Genius Group Ltd ( GNS ) shares are trading higher by 9.86% to 66 cents during Tuesday’s session after the company announced a $33 million rights offering to increase its Bitcoin treasury. What To Know: Genius Group ( GNS ) says shareholders as of January 24, will receive one transferable right per share, allowing them to purchase additional shares at 50 cents...