by iwd | Sep 7, 2024 | Business
(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock’s $12.5 billion deal for Global Infrastructure Partners.Under the deal, which was announced earlier this year, BlackRock said it would pay $3 billion in cash and roughly...
by iwd | Sep 6, 2024 | General
(Reuters) – Ukrainian prosecutors said on Friday they had launched an investigation into the alleged Russian shooting of three surrendering Ukrainian servicemen on the eastern front near Pokrovsk, the main focus of Russia’s assault.Describing the latest in...
by iwd | Sep 6, 2024 | Uncategorized
NEW YORK (Reuters) – STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and probably did not warrant a big interest rate cut from the Federal Reserve this...
by iwd | Sep 6, 2024 | Uncategorized
By Ann Saphir, Lindsay Dunsmuir and Michael S. Derby(Reuters) -Federal Reserve policymakers on Friday said they are ready to lower interest rates at the U.S. central bank’s meeting in two weeks, with one of them saying he could support back-to-back reductions,...
by iwd | Sep 6, 2024 | Business
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting on robust demand for AI chips to drive strong growth.The chip major posted big declines in revenues from its...
by iwd | Sep 5, 2024 | Business
(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union said on Thursday, adding that the proposal did not meet its expectations.The CWA union said the proposal was...
by iwd | Sep 5, 2024 | General
By Helen Coster(Reuters) -Republican presidential candidate Donald Trump plans on Thursday to throw his weight behind a government efficiency commission recommended by billionaire Elon Musk, while reiterating his support for a suite of other economic proposals that he...
by iwd | Sep 5, 2024 | Business
(Reuters) – Ford Motor said on Thursday U.S. vehicle sales in August rose 13.4% to 182,985 units, helped by robust demand for its SUVs and pick-up trucks.Sales of Ford’s electric vehicles rose 28.9%, while hybrid vehicle sales jumped nearly 50%.Overall,...
by iwd | Sep 5, 2024 | Business
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said it would receive $160 million in financing from a group of investors, including chip giant Nvidia.Investors in the deal...
by iwd | Sep 4, 2024 | Uncategorized
By Lucia MutikaniWASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough for the Federal Reserve to consider a big interest rate cut this...
