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US ends collective bargaining for 50,000 airport security officers

US ends collective bargaining for 50,000 airport security officers

By David ShepardsonWASHINGTON (Reuters) -The Trump administration said Friday it is ending collective bargaining for more than 50,000 Transportation Security Administration officers that staff checkpoints at U.S. airports and other transportation hubs. The Homeland Security Department said the move will remove bureaucratic hurdles, while the union representing workers did not immediately comment.P ...

2025-03-08 00:32:34
Nasdaq plans 24-hour trading as global appetite for US stocks grows

Nasdaq plans 24-hour trading as global appetite for US stocks grows

By Manya Saini(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday.International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital ...

2025-03-08 00:31:03
Steel Dynamics upgraded on tariff-driven price surge

Steel Dynamics upgraded on tariff-driven price surge

Investing.com -- Morgan Stanley upgraded Steel Dynamics (NASDAQ:STLD) Inc to "Overweight" amid tariff driven price surges, and the completion of its capital expenditure cycle and expectations of higher free cash flow and shareholder returns.Steel prices have surged following the U.S. administration’s reimplementation of 25% tariffs on steel imports, with hot-rolled coil prices jumping fro ...

2025-03-08 00:28:53
BofA downgrades Air Lease, raises AerCap target amid industry supply constraints

BofA downgrades Air Lease, raises AerCap target amid industry supply constraints

Investing.com -- Bank of America downgraded Air Lease Corporation (NYSE:AL) to "Underperform" from "Buy" while reiterating its "Buy" rating on AerCap Holdings NV (NYSE:AER) given the differences in positioning amid ongoing aircraft supply constraints.While higher aircraft and engine lease rates have boosted profitability, limited new aircraft inflows and rising debt costs have constrained nea ...

2025-03-08 00:27:25