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- Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing delivered 348 airplanes in 2024, less than half of rival Airbus's deliveries. ...[TheTopNews] Read More.1 day ago - Eli Lilly shares drop as drugmaker cuts revenue guidance on weight loss drug demandEli Lilly shares dropped after the drugmaker cut its 2024 revenue guidance, citing lower-than-expected demand for its obesity and diabetes drugs. ...[TheTopNews] Read More.1 day ago
- Labor Demand Ends 2024 with a Surprising Bang
December 2024 concluded with unexpectedly strong job market growth, defying analysts’ predictions and adding 256,000 nonfarm jobs. The unemployment rate dropped slightly to 4.1%, according to the Bureau of Labor Statistics, reflecting a resilient labor market even as inflation concerns resurface. The robust employment figures may slow the Federal Reserve’s pace of interest rate cuts in 2025, as policymakers weigh economic stability against potential inflationary risks. Job Growth Across Key Sectors Significant job gains were observed in essential sectors like health care, government, and social assistance. Health care alone added 46,000 jobs in December, signaling sustained demand for medical services and personnel. Retail trade, rebounding from prior declines, contributed 43,000 jobs, indicating stronger consumer confidence and spending as the holiday season peaked. However, businesses remain cautiously optimistic about hiring trends. Financial market economist Oren Klachkin noted that employers are approaching workforce expansion with care, reflecting ongoing uncertainty in… ...[TheTopNews] Read More.1 day ago - Legal Groups Say These Controversial Work Contracts Amount To ‘Indentured Servitude’
The ACLU is urging the American Arbitration Association to stop handling disputes involving “stay or pay” contracts that leave workers in debt. ...[TheTopNews] Read More.2 days ago - Transportation Companies Mobilize to Support LA Fire Relief Efforts
As devastating wildfires continue to sweep through Los Angeles, the transportation sector is stepping up to aid relief efforts. The fires have displaced thousands of residents, destroyed homes, and placed enormous strain on first responders. In response, companies like Warp and Talon Logistics are leading efforts to ensure essential supplies reach those in need. Warp’s Middle-Mile Support for Relief Warp, a logistics company specializing in middle-mile transportation, has partnered with key organizations such as the Los Angeles Fire Department, Police Department, County Sheriff’s Department, and local community groups. The company’s mission is to deliver critical resources to first responders and displaced residents quickly and efficiently. Warp has called on shippers and companies to donate much-needed items, including: Tampons and pads Baby food Bottled water Phone chargers Pet food Insulin To facilitate contributions, Warp is offering free transportation and warehousing services for donated goods. Donors can drop… ...[TheTopNews] Read More.2 days ago - Los Angeles Fires: Over 10,000 Homes Destroyed, At Least 10 Dead
The city of Los Angeles is enduring one of its most destructive wildfire seasons in history, with multiple fires raging across Southern California, including the Palisades Fire and Eaton Fire. As of now, the wildfires have claimed at least 10 lives, destroyed over 10,000 homes and businesses, and scorched 27,000 acres. Local officials have issued dire warnings about the escalating crisis, urging residents to comply with evacuation orders while addressing concerns over looting and public safety. Wildfires and Looting Complicate Relief Efforts Los Angeles County District Attorney Nathan Hochman emphasized the urgency of maintaining order as reports of looting in evacuation zones surfaced. In response, Hochman vowed to prosecute looters and other criminals preying on vulnerable evacuees. Los Angeles County Sheriff Robert Luna reported the arrest of at least 20 people on looting charges and issued a stern warning to potential offenders to avoid exploiting the ongoing disaster.… ...[TheTopNews] Read More.5 days ago
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