Bloomberg Tropical Storm Nate was heading inland over the southern US states of Mississippi and Alabama after the National Hurricane Center downgraded it from a Category 1 hurricane, the latest in an unusually ferocious storm season that’s racked up billions in damages. With top winds of 70 miles per hour, Nate was moving north-northeast at 23 mph, the hurricane centre ...

Bloomberg A Brexit-driven decline in the availability of staff and surging demand for workers are pushing up starting salaries, according to Markit and the Recruitment and Employment Confederation. The availability of permanent candidates declined at the fastest pace in four months in September, according to a report published. Net migration to the UK has fallen to a three-year low after ...

Bloomberg Switch Inc. raised $531 million in its initial public offering, making it the third-biggest technology IPO this year in the US. The data center company sold 31.25 million shares for $17 each after marketing them for $14 to $16 apiece, Switch said in a statement. Only Snap Inc.’s $3.9 billion IPO and Altice USA Inc.’s $2.2 billion offering topped ...