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...What is a “transportation service”? It’s one of just a few services costs that drove an acceleration of consumer prices in January: Shelter costs, transportation services and medical services....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...Grain for export is currently being idled in six Midwestern states, with beer and dry food, cars, car parts, consumer goods, metals and cement also stuck....
...Even if those costs come down over time, a few “dry” wells could cause some of these oil companies to rethink their plans....
...The Army Corps of Engineers will work with the US Coast Guard to remove the collapsed bridge from the bow of the ship....
...“We have dry powder of around $8bn as a result of the cash-generative ability of our existing business, a very lightly levered balance sheet and the sell down of [our stake in] LSEG,” he said....
...Or whether they are going to be sucked dry....
...Biden said the US Army Corps of Engineers would work swiftly to clear the channel and allow the port to reopen to ships....
...But vast sections of the waterway are currently dry....
...In a recession, funding dries up and you don’t have any FDIC insurance, which causes people to run to the banks with their deposits....
South Asian powerhouse has become a target for expansion as business dries up in China
...“We have seen demand for new homes start to dry up.”...
...donates five per cent of all its profits to social initiatives. £3 for 330ml, counterculturedrinks.com, kombuchawarehouse.com The A-list enterprise Brad Pitt was among the founders of California-based B-Corp...
...This means cashflows dry up if they make no new discoveries, and exploration costs are capitalised if fruitful....
...Media companies Walt Disney and Fox Corp also report as well as technology groups Alibaba, PayPal and Uber....
...Walmart reported that a fall in prices for chicken and dairy, with declines also beginning to show in “dry” groceries, consumables and general merchandise....
...In May, the US Department of Transportation issued an order allowing Chinese carriers to boost their weekly round-trip flights from eight to 12, matching the number of flights to China by US carriers....
Top manufacturers seek tie-ups as losses mount and cash dries up
...All these bankers will be happy for the work amid a market dry spell that cut IPO deal proceeds to a record low last year....
...After all, there is so much “dry powder” that has to be put to use etc etc … So the industry is in a circular bind....
...Hedge funds that bet on the outcome of mergers and acquisitions have suffered losses this year as big deals hit regulatory roadblocks and the pipeline for transactions dries up....
...That dries up funding for risky projects, and a broad range of depositors and investors can find higher-yielding safe options for their cash....
...UBSO: 6; L: 7; I: 7; Total: 20The legal team at the bank advised on the sale of UBS and Mitsubishi’s joint venture, Mitsubishi Corp-UBS Realty, to global investment fund KKR for $2bn....
...Crunch time As returns dry up at hedge fund Schonfeld, chief executive Ryan Tolkin has been tasked with staging a turnaround at the firm founded by his longtime family friend, Business Insider reports....
...“By leveraging on the new driving range and charging time, the Japanese car companies are reimagining the future of transportation.”...
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