Bloomberg Satellite-maker OneWeb is preparing to raise another $1 billion as costs soar for its planned launch of hundreds of advanced orbiters into space in 2020, the Telegraph reported, citing unidentified people. OneWeb aims to raise the funds from investors as it prepares to launch 30 satellites a month from December in what will be the largest-ever program of its ...

Bloomberg The percentage of people in the US aged 25 to 54 who are employed or actively looking for work has climbed to the highest in a decade as demand in the health-care and education sectors lures more women into the workforce. Labour force participation in the so-called prime-age group rose to 82.8% in October, matching the rate from August ...

Bloomberg United Auto Workers (UAW) President Gary Jones, who led negotiations that ended an almost six-week strike at General Motors Co was expected to take a leave of absence Sunday amid reports he is involved in a years-long corruption scandal. Those allegations clouded contract talks with US automakers. “I do not want anything to distract from the mission,” Jones said ...