US Spending on Construction Projects Rises 1.7% in January
Spending on U.S. construction projects rose 1.7% in January as new home building continues to lift the sector.
Spending on U.S. construction projects rose 1.7% in January as new home building continues to lift the sector.
Stocks ended a bumpy day mostly lower on Wall Street.
Airline officials are talking to the Biden administration about support for incentives to use cleaner fuels for airplanes.
SoftBank Group Corp. has reached a settlement in a U.S. legal dispute with directors of office space-sharing venture WeWork Inc. and its founder Adam Neumann.
The governor of Nevada unveiled a proposal to allow technology companies to form “Innovation Zones” with powers similar to local government.
Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors at a time when efforts to raise the minimum wage are gaining traction in the U.S. Costco CEO Craig Jelinek announced the increase Thursday at a Senate Budget Committee hearing, led by Sen. Bernie Sanders, to examine wages at major companies.
In Airbnb’s first financial report as a public company, the home-sharing site has posted a loss of $3.9 billion for the fourth quarter of 2020.
Meal delivery company DoorDash says its revenue more than tripled last year thanks to pandemic-driven demand.
AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015.
The economy grew at a 4.1% pace in the final three months of 2020, slightly faster than first estimated, putting an end to a year in which the overall economy shrank more than it had in the past seven decades.