U.S. airlines will take part in a Senate oversight hearing this month on the industry, an aviation trade group said on Friday, with lawmakers expected to quiz executives about how carriers used pandemic-related federal aid, staffing issues and other matters. The Senate Commerce Committee has invited the chief executives of seven major U.S. airlines to testify at the planned Dec. 15 hearing.
U.S. airlines will take part in a Senate oversight hearing this month on the industry, an aviation trade group said on Friday, with lawmakers expected to quiz executives about how carriers used pandemic-related federal aid, staffing issues and other matters. The Senate Commerce Committee has invited the chief executives of seven major U.S. airlines to testify at the planned Dec. 15 hearing.
The U.S. tech sector is the next frontier for labor organizing, and its workers are starting to understand the collective power unions have, President of the AFL-CIO Liz Shuler said on Friday at the Reuters Next Conference.
The U.S. services sector gained momentum in November, hitting a record-high growth rate for the second straight month, data from a purchasing managers survey compiled by the Institute for Supply Management showed Friday. The ISM Services Report on Business PMI rose to 69.1 in November from 66.7 in October, beating the 65.0 consensus forecast from economists polled by The Wall Street Journal. The index, which marks an all-time survey high, signals that the U.S. services sector...
The U.S. service sector growth slowed slightly in November as supply and labor strains continued to hamper activity, data from a survey of purchasing managers showed Friday. Services Purchasing Managers' Index compiled by IHS Markit stood at 58.0 in November, down from 58.7 in October, but higher than the preliminary estimate of 57.0 and the 57.1 forecast from economists polled by The Wall Street Journal. The indicator suggests that the U.S. services sector continued to expand as...
A measure of U.S. services industry activity unexpectedly rose in November, hitting a fresh record high as businesses boosted hiring, but there was little sign that supply constraints were easing and prices remained high.
Canada's main stock index opened higher on Friday, aided by energy stocks as oil prices jumped nearly 3%, with upbeat earnings from Bank of Montreal further boosting sentiment. At 9:37 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 24.18 points, or 0.12%, at 20,786.21.
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