By Dan Burns (Reuters) -The number of Americans filing new applications for jobless benefits rose by the most in about three months last week and the number of people collecting unemployment relief in the prior week climbed to the highest level in nearly four years, signaling recent labor market softness continued into August. The data…
(Reuters) -Comcast-owned NBCUniversal is in advanced talks with Major League Baseball to carry games on NBC and the Peacock streaming service in a three-year deal approaching $200 million annually, the Wall Street Journal reported on Thursday. Netflix is also close to a deal with MLB to stream the ‘Home Run Derby’ for more than $35…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
By Nell Mackenzie LONDON (Reuters) -Hedge funds bought U.S. stocks at the fastest pace in seven weeks during the week to August 15, in anticipation of a long awaited interest rate cut expected from the Federal Reserve in September, according to a Goldman Sachs client note. Hedge funds bought indices and financial products that rise…
By Maiya Keidan and Brad Brooks (Reuters) -Democratic lawmakers in Texas returned to the state on Monday, ending a walkout that broke quorum and blocked Republican efforts to redraw congressional maps at the behest of U.S. President Donald Trump. Texas House of Representatives Minority Leader Gene Wu, chairperson of the Texas House Democratic Caucus, said…
KYIV (Reuters) -Ukrainian officials working on a joint investment fund with the U.S. are preparing for a visit by their American counterparts in September, Kyiv’s economy minister said on Monday. Ukraine and the U.S. established the fund this year as part of a critical minerals deal aimed at shoring up ties and eventually rebuilding swathes…
(Reuters) -The Trump administration is said to discuss taking a 10% stake in American chipmaker Intel, Bloomberg News reported on Monday, citing a White House official and other people familiar with the matter. Shares of the company were down 3.8%. The federal government is considering a potential investment in Intel that would involve converting some…
By Stephen Nellis SAN FRANCISCO (Reuters) -Apple will bring a blood oxygen measurement feature to some of its watch models via a software update after receiving approval from the U.S. government amid a protracted legal dispute over the technology, it said on Thursday. The move will allow users of Apple Watch Series 9, Series 10, and…
NEW YORK (Reuters) -U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead. The producer price index for final demand jumped 0.9% last month after being unchanged in June, the Labor Department’s Bureau of Labor Statistics…
