Recent News
A nonpartisan selection of consequential developments in the economy, government and major corporate transactions. Routine crime, sports and entertainment are excluded.
The Bureau of Labor Statistics reported stronger monthly hiring after revising June and July payrolls upward by a combined 55,000. Participation edged up, while employment in information declined.
Bureau of Labor Statistics →Renewed conflict in the Middle East pushed crude prices higher and weighed on equities, adding another inflation and interest-rate variable for investors to assess.
Associated Press →Several races that once appeared settled have become more competitive as voters weigh the economy and the performance of the party in power ahead of the midterms.
Associated Press →A nationwide cyclospora outbreak tied to imported lettuce has renewed scrutiny of the federal inspection system and the longer-term decline in overseas inspections.
Associated Press →The combination would create a publicly traded regional bank with approximately $75 billion in assets. WaFd would remain the listed entity and adopt the EverBank name and EVBK ticker.
Reuters via MarketScreener →The proposed purchase from Glencore and Mitsubishi Development would expand Rio Tinto’s Queensland bauxite position. Financial terms were not disclosed and approvals remain outstanding.
Reuters via MarketScreener →The buyer said Airtable serves more than 500,000 organizations and plans continued investment in product development, customer support and go-to-market capabilities.
Company filing · SEC EDGAR →Apogee expects the specialty-materials business to contribute more than $30 million of first-year revenue at an adjusted EBITDA margin of approximately 25%, before identified operating improvements.
Company filing · SEC EDGAR →