The UAW contract includes hiring and raises for GM Components Holdings employees

Options investors in the US on edge, movements in the bond market keep an eye on

November 10 Tentative labor agreement between United Auto Workers and General Motors includes jobs and significant wage increases for the General Motors Components Holdings plant. According to an information package detailing the tentative agreement and published by the UAW, “sufficient work” has been secured at the GMCH plant to “employ at least 150 people.” According …

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Dubai PropTech Keyper raises $6.5 million in seed round to fund global expansion

Dubai PropTech Keyper raises $6.5 million in seed round to fund global expansion

Dubai-based real estate technology startup Keyper has raised $6.5 million in a seed funding round, which it will use to expand its operations and geographic footprint from next year, with a focus on overseas markets. The investment round was led by UAE-based early-stage venture capital fund Access Bridge and one-man office Vivium Holdings, with participation …

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The stock market may ignore this “bad news” as gains begin

The stock market may ignore this "bad news" as gains begin

Published: October 23, 2023 at 14:32 ET BlackRock strategists aren’t holding their breath for U.S. companies to finally turn positive in the third quarter. While many investors had hoped that the S&P 500 SPX would finally break its streak of negative quarters and post slightly positive earnings growth in the third quarter, a team of …

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S&P raises Greece to investment grade for the first time in over a decade

S&P raises Greece to investment grade for the first time in over a decade

ATHENS Greece’s credit rating has been upgraded to investment grade by Standard & Poors in the first such move by one of the three main rating agencies since the country’s sovereign debt crisis rocked the country more than a decade ago. Late Friday, S&P Global upgraded Greece’s rating to BBB- from BB+, citing the country’s …

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RevRoad Capital raises $61 million for early-stage startups in Utah and beyond

RevRoad Capital raises $61 million for early-stage startups in Utah and beyond

Image credits: RevRoad Capital RevRoad was founded in 2017 as a venture services company for startups in Utah. The organization offered a two-year program providing access to 12 resources, from legal services to sales assistance to mentoring in exchange for equity capital. However, unlike many entities, it did not have capital to invest in start-ups …

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The expense management platform banner raises $10 million in rounds

The expense management platform banner raises $10 million in rounds

Investor interest in proptech startups serving real estate owners and developers recorded another data point on Tuesday, as Banner announced that it closed at $10 million Series A funds to expand the capital expenditure (capex) platform for institutional real estate owners and developers. Blackstone Innovations investments, Capital of Pruven, Fifth Wall, Core set ventures AND …

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