(Bloomberg) -- A winter storm has grounded flights across the eastern and central US, shut federal offices in Washington and knocked out power across six states. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?Don’t Shrink the BusCan American Drivers Learn to Love Roundabouts?NYC Congestion Pricing to Take Effect After Years of DelaysWashington, where Congress will meet to certify the presidential election
Lucid stock pops on upbeat production and delivery figures
Lucid stock surged on Monday after the EV maker reported upbeat sales results for the quarter and full year.
Fubo TV stock skyrockets on news that Disney will merge it with Hulu’s livestreaming service
Combined, Hulu + Live TV and Fubo will become the second largest live-TV streaming platform behind YouTube TV. Disney will control 70% of the venture.
Fed’s Cook Says Officials Can Be More Cautious With Rate Cuts
(Bloomberg) -- Federal Reserve Governor Lisa Cook said policymakers can proceed more cautiously with interest-rate cuts, citing a sturdy labor market and lingering inflation pressures. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?Don’t Shrink the BusCan American Drivers Learn to Love Roundabouts?NYC Congestion Pricing to Take Effect After Years of Delays“Since September, the labor market has been somewh
SunLink Joins Forces With Regional Health Properties In All-Stock Deal: Shares Surge
Regional Health Properties, Inc. (AMEX:RHE) and SunLink Health Systems, Inc. (AMEX:SSY) shares traded higher after the companies disclosed a merger agreement. As part of the deal, Regional Health Properties will issue 1.41 million shares of common stock and 1.41 million shares of newly authorized Series D 8% Cumulative Convertible Redeemable Preferred Stock. Notably, for every five shares of SunLink common stock, Regional will issue one share of common stock and, subject to adjustments, one shar
Papa John’s to re-enter Indian foodservice market
The company plans to open up to 650 outlets across India in ten years while initially targeting only metro cities.
Reimagining Financial Systems: What Does 2025 Hold for DeFi’s Ambitions?
The DeFi plot thickens as a flood of new crypto regulations is expected in 2025 that would accelerate institutional adoption. The wild card in this game is whether or not the U.S. alongside other nations will opt for national reserve. Leading DeFi players are placing their educated bets for where the chips will land in 2025.