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By Allison Lampert and David Shepardson (Reuters) -A U.S. government delay on funding a grant program risks worsening a shortage of aircraft mechanics at a time when the country’s aging aviation system is already strained by demand, lawmakers said on Monday. Twenty-one Democratic House representatives, in a letter seen by Reuters to Federal Aviation Administration Administrator …

US lawmakers probe FAA grant delays over aircraft mechanic shortage before Thanksgiving Read More »

(Reuters) -Financial services firm SWB will go public in the U.S. through a merger with Soulpower Acquisition Corp in a $8.1 billion deal, the special purpose acquisition company said on Monday. Blank-check deals have made a strong comeback on Wall Street in 2025 after a years-long slump, with seasoned SPAC sponsors turning back to the …

Financial services firm SWB to list on NYSE in $8.1 billion SPAC deal Read More »

By Jeff Horwitz (Reuters) -U.S. senators Josh Hawley and Richard Blumenthal have asked the heads of the Federal Trade Commission and the Securities and Exchange Commission to probe Meta Platforms, following a Reuters report about the social media giant’s revenue from ads on Facebook and Instagram that promote scams and banned goods. “The FTC and …

Exclusive-U.S. senators call for probe of scam ads on Facebook and Instagram Read More »

By Yoruk Bahceli LONDON (Reuters) -What matters in U.S. and global markets today U.S. stocks look set to build on Friday’s jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? I’ll get into all the market-moving news below, but first we …

Morning Bid: Will the Fed come to the rescue? Read More »

By Simon Jessop BELEM, Brazil (Reuters) -Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, compared with 50 at last year’s in Baku, Azerbaijan. …

Analysis-U.S. companies hold the line at climate talks despite Trump Read More »

A look at the day ahead in European and global markets from Rae Wee It’s been a slow start to the week in Asia with Japanese markets closed for a holiday on Monday, but currency traders are watching with bated breath for any signs of official yen buying from Tokyo to stem its slide. The …

Morning Bid: Holiday week could be prime time for yen intervention Read More »