WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in November, but a softening in hiring pointed to a slowing labor market. Job openings, a measure of labor demand, rose 259,000 to 8.098 million by the last day of November, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, …
US job openings increase in November; hiring falls Read More »
(Reuters) – President Joe Biden’s outgoing administration announced on Tuesday a ban on medical debt in American consumers’ credit reports, making good on a campaign year pledge less than two weeks before leaving office. Officials said the new regulation, adopted despite objections from the banking and consumer data industries, would remove $49 billion in medical …
As Biden nears exit, US bans medical debt from credit reports Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year high pointed to elevated inflation, consistent with the Federal Reserve’s projection for fewer interest rate cuts this year. The Institute for Supply Management (ISM) said on Tuesday …
US service sector growth picks up; input prices gauge highest in nearly two years Read More »
By Douglas Gillison and Chris Prentice (Reuters) – President-elect Donald Trump’s SEC pick voted several times against punishing big companies and was extremely critical of the agency’s enforcement process when he was a top official there, according to public records and former SEC attorneys, in a possible glimpse of what is to come under his …
Analysis-Trump’s SEC pick likely to give Wall Street easier enforcement ride Read More »
(Reuters) – Paramount Global has renewed its distribution deal with Comcast, the companies said on Tuesday, ensuring the cable systems and services provider continues to offer the media giant’s channels like CBS and Nickelodeon. The deal, terms of which were not disclosed, is an extension of the original agreement from 2022. It ensures Paramount’s channels, …
Paramount, Comcast renew multi-year carriage deal Read More »
By Akash Sriram and Jaspreet Singh (Reuters) -Aurora Innovation’s shares rose 35% on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany’s Continental to deploy driverless trucks. Uber-backed Aurora’s stock has nearly doubled in the past 12 months, as investors bet that the market for autonomous driving technology used in …
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks Read More »
By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market lows, with the total capital raised in 2024 nearly 30% higher year-on-year, according to PitchBook data released on Tuesday. AI startups also captured a record 46.4% of the total $209 billion raised last year, …
AI startups drive VC funding resurgence, capturing record US investment in 2024 Read More »
(Reuters) – Mesa Air Group will sell 18 Embraer aircraft to United Airlines for about $229.1 million and use the proceeds to cut debt, the regional airline operator said on Tuesday. Shares of Mesa, the parent company of Mesa Airlines, rose more than 10% before the bell. Most of the aircraft of the Phoenix, Arizona-based …
Mesa Air to sell 18 Embraer jets to United Airlines Read More »
(Reuters) -Southwest Airlines said on Tuesday it had entered into a deal to sell and lease back 36 of its Boeing 737-800 aircraft from Babcock & Brown Aircraft Management, helping the carrier raise cash and ease the pressure on its balance sheet. A sale and leaseback transaction includes a carrier selling its used or newly …
Southwest Airlines enters sale/leaseback deal for 36 jets Read More »
(Reuters) -Oilfield services provider Flowco Holdings on Tuesday said it is seeking a valuation of up to $2 billion in its initial public offering in the United States, aiming to leverage last year’s capital market rebound. The company said it would sell 17.8 million shares at a price range of $21 to $23 per share, …
Oil services provider Flowco seeks up to $2 billion valuation in US IPO Read More »
