Latest in Firms Raise Prices
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Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - 7h -
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Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - 1d -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 1d -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - 1d -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - 1d -
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3 gold price scenarios that could occur in 2025
Gold prices could rise, stay stable or drop in the new year — depending on key factors. Here's what to consider.CBS News - 1d -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - 1d -
Cybertruck tracking in Las Vegas case raises privacy concerns
Elon Musk commented on the explosion shortly after it happened, saying it was not an issue with the Cybertruck itself.The Hill - 2d -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - 2d -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - 2d -
Controversial congestion pricing plan takes effect in NYC
Driving just got more expensive for many New York City commuters as congestion pricing was put to its first rush hour test. Supporters argue the plan cuts down on gridlock and greenhouse gas ...CBS News - 2d -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - 2d -
Congestion pricing begins in New York City
New York City's first-in-the-nation congestion pricing plan has gone into effect. CBS News reporter Elijah Westbrook has more.CBS News - 2d -
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Austria Coalition Talks Collapse, Raising Prospects for Far-Right Freedom Party
The leader of the anti-immigrant Freedom Party of Austria, founded by former Nazis in the 1950s, was expected to be asked to enter into talks to form a new government.The New York Times - 2d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 3d -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - 3d -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - 3d -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - 3d -
Congestion Pricing Shows the Future of the Democratic Party
A model for how to deliver for voters without getting stuck in a traffic jam — political or otherwise.The New York Times - 4d -
Congestion pricing in NYC starts after years of turmoil
The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.CBS News - 4d -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - 4d -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - 4d -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - 5d -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.The New York Times - 5d -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - 5d -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - 5d -
Swave Photonics raises $28.3M for 3D holographic smartglasses and displays
Swave Photonics, a holographic display company, has raised $28.27 million in funding as it prepares components for AI-powered smart glasses.VentureBeat - 5d -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - 6d -
Questions raised by Biden comments about New Orleans attacker
President Biden said Wednesday that the New Orleans truck attacker had posted videos online that showed ties to ISIS, but so far those videos haven't surfaced publicly. CBS News congressional ...CBS News - 6d -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
New Orleans raises specter of persistent ISIS threat
The suspect in the attack in New Orleans had an ISIS flag in his truck. The case underscores the threat still posed by ISIS.NBC News - Jan. 2 -
Targeting no-call at Peach Bowl raises more questions about disputed rule
The Peach Bowl referee declined to call a targeting penalty late in the fourth quarter for a helmet-to-helmet hit by Texas safety Michael Taaffe that could’ve given Arizona State a chance to kick a ...ABC News - Jan. 1 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1 -
Republicans raising questions about Johnson's reelection as House speaker
Republican Rep. Chip Roy said Tuesday that he doesn’t think House Speaker Mike Johnson has the necessary votes to remain speaker in Friday's leadership election.ABC News - Dec. 31
