Why the IEA’s largest-ever release of oil reserves is pushing up crude prices
The largest-ever release of oil from the International Energy Agency’s emergency stockpiles lifted prices for the commodity up by nearly 5% on Wednesday.
Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit
Spirit Airlines is reversing course on pilot furloughs after aviators left in high numbers for rival airlines.
Uber’s stock rises as new Amazon robotaxi partnership is ‘a positive surprise’
Amazon’s Zoox still needs regulatory approval to use its custom-built robotaxis for commercial service
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More pain in private credit as JPMorgan reportedly tightening lending while a $33 bln fund sees heavy redemptions
The troubled private-credit industry was under further pressure after a report that JPMorgan Chase was tightening its lending criteria while a $33 billion fund was reported to have seen heavy withdrawals.
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Obamacare enrollment is plunging as costs soar, pushing down stocks like Centene
Americans are opting out of the Affordable Care Act, and health insurance companies are taking a financial hit.
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Tesla and Google team up to push their own fix for rising electricity bills
The Big Tech giants joined a coalition that aims to work with U.S. lawmakers and regulators to utilize more of the electric grid and lower costs.
