 | | | | Delta Air Lines Inc (DAL.N) aims to hire more than 1,000 pilots by next summer, according to a company memo seen by Reuters on Monday. | | | | | | The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the federal government under a provision of the Obamacare law aimed at encouraging them to offer medical coverage to uninsured Americans. | | | | | | The U.S. economy continues to show "sustained improvement" from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has "increased notably in recent months," Federal Reserve Chair Jerome Powell said in prepared testimony for a congressional hearing on Tuesday. | | | | | | Wall Street ended sharply higher on Monday, with the Dow completing its strongest session in over three months as investors piled back into energy and other sectors expected to outperform as the economy rebounds from the pandemic. | | | | | | Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic. | | | | | | Bitcoin dipped 8.57% to $32,540.35 at 2011 GMT on Monday, losing $3,049.42 from its previous close. | | | | | | A disputed worker contract ratification vote at the General Motors (GM.N) plant in the Mexican city of Silao must be rescheduled to take place before August 20, Mexico's labor ministry said in a statement on Monday. | | | | | | Tesla Inc (TSLA.O) chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit. | | | | | | Top U.S. oil producer Exxon Mobil Corp (XOM.N) is preparing to cut its U.S. office workforce by between 5% and 10% every year for the next three to five years, Bloomberg News reported on Monday citing people familiar with the matter. | | | | | | Some shifts in the labor market, including early retirements or people changing jobs, may lead to bumps in the recovery as the U.S. economy continues to heal from the coronavirus crisis, New York Federal Reserve Bank President John Williams said on Monday. | | | | | |
