Daily Archives: June 10, 2019

United Technologies, Raytheon to combine in all-stock ‘merger of equals’

United Technologies and defense contractor Raytheon agreed to merge in an all-stock deal described as a “merger of equals,” the companies announced on Sunday, creating a company with $74 billion in annual sales. Continue Reading Below The new company will be named Raytheon Technologies Corporation. Currently, United Technologies has a market value of $114 billion […]

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Here’s how much Pete Buttigieg, husband have in student loan debt

Democratic presidential candidate Pete Buttigieg and his husband, Chasten Glezman, together have a six-figure student loan debt, but the two are far from being the only Americans who grapple with owing money. Continue Reading Below In his financial disclosure filed with the Office of Government Ethics in mid-May, Buttigieg reported that he and his husband […]

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The white working class is ‘declining,’ here’s why

The U.S. economy may be strengthening, but there is one sect of the labor force for whom measures of economic well-being are deteriorating – the white working class. Continue Reading Below According to researchers at the St. Louis Federal Reserve, between 1989 and 2016 the number of white working-class families declined, along with their share […]

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