News
Important Only
FCC OKs Starlink direct-to-cell service operating at higher power
WASHINGTON, March 7 (Reuters) - The Federal Communications Commision on Friday approved order to allows SpaceX's Starlink's direct-to-cell service with T-Mobile TMUS.O to operate at higher power levels.AT&T and Verizon had filed objections to the higher power levels, but the FCC said it ...Reuters
Fri, Mar 7
AmFam P&C combined ratio improves 14.2 points to 96.6% in 2024
By Chris MunroMarch 7 - (The Insurer) - American Family Insurance said on Wednesday that its P&C combined ratio improved by 14.2 percentage points to 96.6% in 2024, while company-wide revenue increased by $2.9 billion year on year to $20.0 billion.The Madison, Wisconsin-based mutual, which is le...Reuters
Fri, Mar 7
US ends collective bargaining for 50,000 TSA officers
By David Shepardson WASHINGTON, March 7 (Reuters) - The Trump administration said Friday it is ending collective bargaining for about 50,000 Transportation Security Administration officers that staff checkpoints at U.S. airports and other transportation hubs. American Federation of Government Emp...Reuters
Fri, Mar 7
Measles cases rise to 30 in New Mexico, state health department says
March 7 (Reuters) - The New Mexico health department reported 30 measles cases in the state on Friday, an increase of 20 cases from its previous count. All the cases were reported in Lea County, that is located adjacent to Gaines County, Texas, where more than 100 cases and one death in an unvaccina...Reuters
Fri, Mar 7
BREAKINGVIEWS-Dealmakers jazz up glum outlook in New Orleans
By Jeffrey Goldfarb NEW ORLEANS, March 7 (Reuters Breakingviews) - It’s easy to be cheerful in New Orleans, where brass bands play lively music even at funerals. Merger advisers reveled in that spirit during their annual Crescent City conclave this week, despite mounting evidence that deal activi...Reuters
Fri, Mar 7
AM Best assigns Enstar subsidiary Cavello Bay A rating
By Isha MaratheMarch 7 - (The Insurer) - AM Best has assigned a financial strength rating of A and a long-term issuer credit rating of “a-plus” to Enstar subsidiary Cavello Bay Reinsurance Limited.Cavello Bay, a Class 3B reinsurer, is Enstar's primary non-life run-off consolidator.The ratings, ...Reuters
Fri, Mar 7
Volaris Reports February 2025 Traffic Results
March 7 (Reuters) - Controladora Vuela Compania de Aviacion SAB de CV VOLARA.MX:VOLARIS REPORTS FEBRUARY 2025 TRAFFIC RESULTS: LOAD FACTOR OF 85%CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV - TRANSPORTED 2.2 MILLION PASSENGERS IN FEBReuters
Fri, Mar 7
EU denies picking on US tech giants, says US also tackling monopolisation
By Foo Yun Chee BRUSSELS, March 7 (Reuters) - Europe's new tech rule aims to keep digital markets open and is not targeted at U.S. tech giants, EU antitrust and tech chiefs told U.S. congressmen, reminding them that U.S. enforcers have in recent years also cracked down on these companies.The ...Reuters
Fri, Mar 7
Vertex Announces UK Mhra Approval Of Alyftrek
March 7 (Reuters) - Vertex Pharmaceuticals Inc VRTX.O:VERTEX ANNOUNCES UK MHRA APPROVAL OF ALYFTREK® (DEUTIVACAFTOR/TEZACAFTOR/VANZACAFTOR), A ONCE-DAILY NEXT-IN-CLASS CFTR MODULATOR FOR THE TREATMENT OF CYSTIC FIBROSISVERTEX PHARMACEUTICALS INC - WORKING WITH NICE AND NHS FOR ALYFTREK ACCESSReuters
Fri, Mar 7
German bonds regain footing after biggest two-day drop since 1970s
By Harry Robertson LONDON, March 7 (Reuters) - A sharp sell-off in euro zone government bonds abated on Friday, after the biggest two-day fall in Bunds since the 1970s on the back of Germany's plans to completely rewrite its fiscal rules.Investors were waiting for key U.S. jobs figures and we...Reuters
Fri, Mar 7
EXCLUSIVE-Canada's RBC lays off some employees related to HSBC acquisition, sources say
By Nivedita Balu TORONTO, March 7 (Reuters) - Canada's largest lender Royal Bank of Canada RY.TO laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the...Reuters
Fri, Mar 7
Panama to grant some temporary permits to migrants sent from US
PANAMA CITY, March 7 (Reuters) - Panama will issue temporary permits for some migrants recently sent from the U.S. allowing them to stay in the Central American nation for up to 90 days if they do not wish to return to their home countries for security reasons, an official said on Friday.The measure...Reuters
Fri, Mar 7
ADVISORY-Alert wrongly tagged to GM Leather SpA withdrawn
An alert on TWG Motorsports and General Motors GM.N receiving formal approval for Cadillac Formula 1 Team was incorrectly tagged to Italy- based firm GM Leather SpA GML.MI, an unrelated company, and has been withdrawn. For the correctly coded alert, click nL5N3PQ1KG.STORY_NUMBER:nFWN3PQ0GHSTORY_DATE...Reuters
Fri, Mar 7
Markel restructures Southeast excess casualty leadership with new roles for Fine and Warren
By Mia MacGregorMarch 7 - (The Insurer) - Markel has reshuffled its excess casualty leadership in the Southeast, promoting Nan Fine to managing director, casualty, Southeast region for Markel Specialty, and appointing Hillary Warren as manager for commercial wholesale excess casualty, Southeast regi...Reuters
Fri, Mar 7
Motor racing-F1 and FIA approve GM-backed Cadillac entry for 2026
LONDON, March 7 (Reuters) - Formula One and the sport's FIA world governing body said in a joint statement on Friday they had formally approved a General Motors-backed Cadillac entry to become the 11th team on the grid from 2026. Both said the necessary sporting, technical and commercial asses...Reuters
Fri, Mar 7
US lawmakers press Chinese telecoms over ties to military, government
Lawmakers raise national security concerns in letters to Chinese telecoms China Mobile, China Telecom, China Unicom long in Washington's cross hairs Letters seek details on firms' ties by March 31 WASHINGTON, March 7 (Reuters) - The leaders of a U.S. House of Representatives panel have c...Reuters
Fri, Mar 7
EXCLUSIVE-U.S. CDC plans study into vaccines and autism, sources say
CDC study follows measles outbreak amid declining vaccination ratesKennedy's mixed messages on vaccines raise concernsAutism rise attributed to broader screening, not vaccinesBy Dan Levine and Leah Douglas March 7 - The U.S. Centers for Disease Control and Prevention is planning a large study...Reuters
Fri, Mar 7
