Core Insights - The recent decline in unauthorized immigration to the U.S. has led to a slowdown in job growth, particularly in the construction and manufacturing sectors, with implications for the job market and housing affordability [1][1][1] Employment Trends - The San Francisco Federal Reserve's research indicates that local job growth has mirrored the trends in unauthorized immigration, with a significant drop in job additions in 2025, where only 181,000 jobs were added compared to 1.459 million in 2024 [1][1][1] - Areas experiencing the largest declines in unauthorized immigration also saw the most significant slowdowns in employment growth across construction, manufacturing, and other services [1][1][1] Construction Sector Impact - The construction sector is particularly affected, as the reduction in unauthorized immigrant worker flows is likely slowing residential construction and consequently hindering the growth of housing supply [1][1][1] - The Trump administration argues that reduced immigration will benefit American workers and make housing more affordable by decreasing demand [1][1][1] Future Outlook - Continued declines in unauthorized immigrant worker flows are expected to exert downward pressure on U.S. employment growth [1][1][1]

Bayer CEO says Roundup settlement is important addition to Supreme Court case | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv] (https://www.reuters.com/differentiator/)Item 1 of 2 Bill Anderson, CEO of Bayer, speaks during The Wall Street Journal's Future of Everything Festival in New York City, U.S., May 21, 2024. REUTERS/Andrew Kelly[1/2]Bill Anderson, CEO of Bayer, speaks during The Wall Street Journal's Future of Everything Fes ...

Tripadvisor engages with Starboard as activist seeks board control, sale | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Figurines are seen in front of the Tripadvisor logo in this illustration taken, February 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Tripadvisor Inc]FollowFeb 17 (Reuters) - Tripadvisor [(TRIP.O), opens new tab] said on Tuesday its board and managemen ...

Softbank Group dissolves share stake in Nvidia, according to SEC filing | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato/File Photo [Purchase Licensing Rights, opens new tab]PROVIDENCE, Rhode Island, Feb 17 (Reuters) - Softbank Group Corp. [(9984.T), opens new tab] disclosed that it dissolved its stake in Nvidia [(NVDA.O), opens ...

Germany's IG Metall has filed a criminal complaint against the manager of Tesla's factory near Berlin, accusing him of "spreading false allegations", the union said on Tuesday, in another sign of its ... ...

Core Viewpoint - Workers at ZIM Integrated Shipping Services have escalated their strike to demand job security guarantees following Hapag-Lloyd's announcement of its intention to acquire the Israeli shipping company [1] Group 1: Company Actions - ZIM Integrated Shipping Services workers halted all work on Tuesday as part of their strike efforts [1] - The strike is a response to Hapag-Lloyd's acquisition plans, indicating concerns over job security among ZIM employees [1] Group 2: Industry Context - The acquisition of ZIM by Hapag-Lloyd reflects ongoing consolidation trends within the shipping industry [1] - The strike highlights the potential impact of mergers and acquisitions on workforce stability in the shipping sector [1]

Core Insights - Saudi Arabia's Public Investment Fund (PIF) has dissolved its stake in Take-Two Interactive, which was valued at just under $3 billion, making PIF the second-largest shareholder prior to the divestment [1][1][1] - This decision comes ahead of the highly anticipated launch of "Grand Theft Auto VI" by Take-Two Interactive [1] - The PIF's move occurs despite the Kingdom's ongoing efforts to establish itself as a global hub for the video game industry, including hosting several e-sports events [1][1] Company Summary - Take-Two Interactive Software Inc was previously supported by the PIF, which held approximately 11 million shares [1] - The PIF had previously agreed to acquire Electronic Arts, a rival of Take-Two, in a $55 billion deal as part of its broader strategy in the gaming sector [1]

Bayer to make $10.5 bln push to settle roundup cases, Bloomberg reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The 120 metres high Bayer Cross, logo of German pharmaceutical and chemical maker Bayer AG, consisting of 1710 LED glass bulbs, is seen next to a red traffic light in Leverkusen, Germany,... [Purchase Licensing Rights, opens new tab] Read more- Companies[Bayer AG]FollowBERLIN, Feb 17 (Reuters) - Bayer [(BAYGn.DE), ...

Raspberry Pi soars 40% as CEO buys stock, AI chatter builds | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]MILAN, Feb 17 (Reuters) - Shares in Raspberry Pi [(RPI.L), opens new tab] rose as much as 42% on Tuesday in a record twoday rally after CEO Eben Upton bought stock in the beatendown UK computer hardware firm, halting a monthslong slide, as chatter grew that its products could benefit from lowcost artificialintelligence projec ...

Core Viewpoint - Ormat Technologies has signed a long-term geothermal power purchase agreement with NV Energy to supply 150 megawatts of geothermal capacity to support Google's operations in Nevada, with projects expected to come online between 2028 and 2030 [1]. Group 1: Agreement Details - The agreement allows Ormat to develop new geothermal projects across Nevada, providing a scalable solution for utilities and major users like Google to invest in clean, reliable power while covering all service costs [1]. - The geothermal capacity is seen as a swift, carbon-free alternative to nuclear energy, addressing the growing demand for electricity driven by AI data centers [1]. Group 2: Market Context - U.S. power consumption is projected to rise due to the rapid build-out of data centers for AI and cryptocurrency, alongside a shift towards electric heating and transport [1]. - Geothermal power producers are increasingly finding new customers in Big Tech, as companies seek substantial electricity for their AI expansion plans [1]. Group 3: Market Reaction - Following the announcement, shares of Ormat surged over 4.7%, reaching $124.54 [1].