News
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Massachusetts bill aims to block National Guard deployment from other states
Jan 29 (Reuters) - Massachusetts Governor Maura Healey introduced legislation on Thursday that would make it unlawful for another state to deploy its National Guard to Massachusetts without the governor's permission.U.S. President Donald Trump deployed National Guard troops to several major citi...Reuters
Thu, Jan 29
Major airlines urge Congress to pay air traffic controllers if government shuts down
By David Shepardson WASHINGTON, Jan 29 (Reuters) - Major U.S. airlines on Thursday urged Congress to pay air traffic controllers in the event of a partial government shutdown after the industry suffered a major disruption during a 43-day standoff last year.The U.S. government could again face a p...Reuters
Thu, Jan 29
The Hartford's fourth-quarter profit jumps on stronger underwriting
Jan 29 (Reuters) - Property and casualty insurance firm The Hartford HIG.N reported a 33% jump in fourth-quarter core profit on Thursday, driven by stronger underwriting performance.Shares of the Hartford, Connecticut-based company rose about 1% in extended trading.Insurance spending held up in 2025...Reuters
Thu, Jan 29
US Labor Department proposes rule to boost transparency in pharmacy benefit manager fees
Jan 29 (Reuters) - The U.S. Department of Labor's Employee Benefits Security Administration on Thursday issued a proposed rule aimed at increasing transparency around fees and compensation collected by pharmacy benefit managers.The move, which follows a directive under President Donald Trump'...Reuters
Thu, Jan 29
Deal reached advancing spending bills to avert US government agencies shutdown
WASHINGTON, Jan 29 (Reuters) - A deal was reached on Thursday to advance a major package of spending bills that would avert government shutdowns of agencies beginning on Saturday, according to a Senate Democratic leadership aide.The agreement also calls for splitting the Department of Homeland Secur...Reuters
Thu, Jan 29
EXCLUSIVE-Airbus to kickstart pre-sales for a larger A220 jet, sources say
Airbus to start sales talks on larger A220 within weeksFormal launch as early as July, subject to board approvalStretched version of A220 has been on horizon for a whileAirbus more broadly facing slow production, high costsBy Tim Hepher and Padraic Halpin DUBLIN, Jan 29 (Reuters) - Airbus AIR.PA ...Reuters
Thu, Jan 29
Arthur J Gallagher's quarterly profit rises on fees, commission growth
Jan 29 (Reuters) - Arthur J. Gallagher AJG.N posted 24.5% rise in fourth-quarter adjusted profit on Thursday, as the insurance broker benefited from stronger commissions and fees amid solid demand.Insurance spending has proved resilient as businesses and individuals prioritize coverage against finan...Reuters
Thu, Jan 29
US mulls tapping Robinhood for 'Trump accounts' for kids, Bloomberg News reports
Jan 29 (Reuters) - The U.S. government is considering selecting fintech firm Robinhood Markets HOOD.O to help oversee the "Trump accounts" it plans to open for millions of children, Bloomberg News reported on Thursday, citing people familiar with the matter.Robinhood has begun internal prepa...Reuters
Thu, Jan 29
Bertelsmann's BMG weighing possible acquisition of Concord, Bloomberg News reports
Jan 29 (Reuters) - BMG Rights Management, part of the German media giant Bertelsmann BTGGg.F, is considering a cash-and-stock offer for music company Concord, which could be valued as high as $7 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter.Reuters could no...Reuters
Thu, Jan 29
Democrats ask top US spy to explain presence at FBI raid on election facility
Top Democrats question Gabbard presence at FBI raidSay U.S. spies should focus on foreign threatsGabbard at scene of raid on Georgia election facility WASHINGTON, Jan 29 (Reuters) - Top Democrats on the Senate and House intelligence committees called on Thursday on Director of National Intelligen...Reuters
Thu, Jan 29
Blue Ridge Bankshares posts Q4 net income, helped by reduced expenses
OverviewU.S. bank holding company's Q4 net income was $4.2 mln, reversing a loss in Q4 2024Company had declared a special $0.25 per share dividendCompany repurchased $3.4 mln in shares under a $15 mln buyback programOutlookBlue Ridge Bankshares projects mid-single digit balance sheet growth for ...Reuters
Thu, Jan 29
High-fidelity headphone maker Koss Q2 net sales fall, swings to net loss
OverviewHigh-fidelity headphone maker's Q2 net sales fell 19.6% yr/yrCompany posted Q2 net loss compared to net income last yearGross margins fell due to high tariffs on Chinese productsOutlookCompany did not provide specific future guidance in its press releaseResult DriversEDUCATION MARKET - S...Reuters
Thu, Jan 29
Recordati Announces Collaboration With Moderna For Mrna-3927
Jan 29 (Reuters) - Moderna Inc MRNA.O:RECORDATI - ANNOUNCES COLLABORATION WITH MODERNA FOR MRNA-3927RECORDATI - UNDER DEAL, TO PAY MODERNA $50 MILLION UPFRONT AND $110 MILLION IN MILESTONESRECORDATI: UNDER DEAL, MODERNA IS ALSO ELIGIBLE TO RECEIVE COMMERCIAL AND SALES MILESTONES, & TIERED ROYALT...Reuters
Thu, Jan 29
EXCLUSIVE-Pentagon clashes with Anthropic over military AI use - sources
By Deepa Seetharaman, David Jeans and Jeffrey DastinWASHINGTON/SAN FRANCISCO, Jan 29 (Reuters) - The Pentagon and artificial-intelligence developer Anthropic are at odds over potentially eliminating safeguards that might allow the government to use its technology to target weapons autonomously and c...Reuters
Thu, Jan 29
Union rejects contract offer from Marathon
USW rejects Marathon's contract proposal as "unacceptable"Negotiations face Sunday deadline for new agreementUSW demands safety, job security, and fair wagesBy Erwin SebaHOUSTON, Jan 29 (Reuters) - The United Steelworkers union rejected a comprehensive contract offer from Marathon Petrol...Reuters
Thu, Jan 29
Judge rules Bank of America must face lawsuit over Jeffrey Epstein ties
Lawsuit accuses Bank of America of benefiting from Epstein sex traffickingBank of America trial scheduled for May 11Epstein accuser plans to appeal BNY dismissalBy Jonathan Stempel NEW YORK, Jan 29 (Reuters) - A U.S. judge on Thursday said Bank of America BAC.N must face part of a proposed class ...Reuters
Thu, Jan 29
Perplexity signs $750 million AI cloud deal with Microsoft, Bloomberg News reports
Jan 29 (Reuters) - AI startup Perplexity has signed a $750 million agreement with Microsoft MSFT.O to use its Azure cloud service, Bloomberg News reported on Thursday, citing people familiar with the matter.Reuters could not immediately verify the report.Reuters
Thu, Jan 29
