Reuters US Business

By Ernest Scheyder and Shariq Khan NEW YORK, Dec 4 (Reuters) – Copper producer Freeport-McMoRan would pursue an acquisition if “the stars and the moon” aligned, but is not counting on deals to grow and is focused on developing existing assets, its CEO said on Thursday. As an M&A frenzy envelops the mining industry, Freeport’s …

Copper producer Freeport would pursue M&A only if ‘stars and moon’ align, CEO says Read More »

DUBAI/NEW YORK, Dec 4 (Reuters) – Visa plans to launch operations in Syria following an agreement with the war-torn country’s central bank on a roadmap to develop a digital payments ecosystem, the bank’s governor and the company said on Thursday. “We are glad that we are working with Visa,” Syrian central bank governor AbdulKader Husrieh …

Syrian central bank welcomes Visa’s launch amid digital payments deal Read More »

WASHINGTON, Dec 4 (Reuters) – Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about its future relationship and considering its options before its current contract expires next year. The Washington Post reported Thursday new Postmaster General David Steiner plans to hold a reverse auction in early 2026 that might …

Amazon in discussions with USPS about future relationship Read More »

By Doyinsola Oladipo NEW YORK, Dec 4 (Reuters) – Multinational Spanish construction company Ferrovial sees more opportunities for investment in airports across the U.S. after leading a massive terminal overhaul at New York’s John F. Kennedy International Airport, CEO Ignacio Madridejos said on Thursday. Speaking at the Reuters NEXT conference in New York, Madridejos said …

Ferrovial eyes more opportunities at US airports, CEO says Read More »

By Lucia Mutikani WASHINGTON, Dec 4 (Reuters) – The number of Americans filing new applications for unemployment benefits fell to a more than three-year low last week, allaying fears of a sharp deterioration in labor market conditions after independent surveys showed job losses in November. Difficulties adjusting the weekly jobless claims data around the Thanksgiving …

US weekly jobless claims dive to a more than three-year low Read More »

By David Shepardson WASHINGTON, Dec 4 (Reuters) – The Federal Communications Commission said on Thursday it has approved AT&T’s deal to buy some wireless spectrum licenses from UScellular in a $1.02 billion deal after the Texas-based carrier committed to end DEI programs. The FCC has been requiring telecom carriers to end diversity, equity and inclusion …

FCC approves AT&T $1 billion purchase of spectrum from UScellular Read More »