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...

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...

WASHINGTON, Jan 14 (Reuters) - Democratic lawmakers on the U.S. Senate Energy Committee called Tuesday on the panel's Republican chairman to postpone the confirmation hearing for President-elect Donald Trump's pick to lead the Department of Energy, citing a paperwork delay. The hearing for Chris Wright is scheduled for Wednesday. Wright plans to step down as CEO and chairman of Liberty...

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...