Business News
As one of the busiest weeks of travel gets underway in the U.S., the Federal Aviation Administration is warning people that they could be facing more flight delays that usual this year. That will be especially true if your flight takes you to, from, or through the Northeast. The FAA has had trouble filling air … Read more
The Cabinet has approved a proposal to waive the bank guarantees (BG) that telecom operators were required to provide for spectrum purchases up to 2022, according to sources. This decision is expected to offer significant relief to major telecom companies, which collectively owe over ₹30,000 crore in BGs to the government. (This is a developing … Read more
MicroStrategy (MSTR) said Monday it purchased another 55,000 bitcoins (BTC-USD) last week for $5.4 billion as the world’s largest cryptocurrency was trading at all-time highs. Shares of the company were trading on both sides of the flat line following the news, recovering from a drop of more than 8% by 10:45 a.m. ET. In a … Read more
Nov. 25, 2024 10:51 AM ETUnited States 10-Year Bond Yield (US10Y), US2YIEF, SHY, TLT, SHV, IEI, TLH, EDV, TBT, TMF, TMV, TBF, VGSH, VGIT, VGLT, SCHO, GOVT, SGOV, US30YBy: Jessica Kuruthukulangara, SA News Editor cagkansayin/iStock via Getty Images President-elect Donald Trump has pledged to lower personal and corporate taxes, with tariffs making up for lost … Read more
First Mid Bancshares, Inc. (FMBH) stock has reached a remarkable 52-week high, touching the price level of $43.62. This peak reflects a significant surge in the company’s stock value, marking a substantial gain for investors. Over the past year, First Mid Bancshares has witnessed an impressive 1-year change, with its stock value climbing by 39.15%. … Read more
The pro-Putin, far-right politician who surprisingly won the first round of Romania’s presidential elections on Sunday had recently gone viral on social media without pollsters registering his surge. Călin Georgescu, 62, a former honorary member of the ultranationalist AUR party, had run as an independent and was credited with single-digit support for most of the … Read more
Bitcoin has been roaring like never before. Even though the original cryptocurrency fell slightly over the weekend, it came within a few hundred dollars of $100,000 on Friday, achieving another all-time high—one that would have been unimaginable a decade ago or even in early 2023 when Bitcoin was trading closer to $20,000. Bulls expect the … Read more
Hindustan Unilever’s board has granted in-principle approval for the demerger of its ice cream business into a separate entity, which will be independently listed, the company announced to stock exchanges on November 25. “The decision to demerge is contingent upon approval from both the Board and shareholders, with the demerger scheme to be presented to … Read more
US stocks climbed on Monday amid high hopes for President-elect Donald Trump’s choice of Scott Bessent for Treasury secretary. Investors also looked ahead to a Federal Reserve-favored inflation print. The Dow Jones Industrial Average (^DJI) led the advance, up about 250 points, or roughly 0.6%. The S&P 500 (^GSPC) rose 0.6%, while those the tech-heavy … Read more
Justin Paget Vast Renewables (NASDAQ:VSTE) +63% pre-market Monday after saying it signed an updated funding agreement to access as much as $30M of its existing $65M grant from the Australian Renewable Energy Agency to support its green technology manufacturing and project development activities. Vast (