Cit Group Gets $4.5b Loan As It Restructures Debt

The EU already buys the lion’s share of U. S. oil and gas exports. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world’s largest economy.

According to new research from Columbia University, gender inequality may be even more harmful to women’s mental health than previously thought. We already know sexism is bad for women’s paychecks, as women are paid 84% of what men are paid, on average. We also know it’s historically been bad for women’s mental health.

About $21 billion of the disaster aid in the earlier version of the spending bill was assistance for farmers. American farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion in disaster aid.

A faulty tire pressure warning light is the latest in a series of recalls for the Elon Musk–led automaker. Tesla is issuing a major recall on nearly 700,000 vehicles, including its 2024 Cybertruck.

Every year, millions of businesses are created around the world. In order for these big ideas to turn into successful startups, most of them will inevitably come up against the challenges of fundraising.  While there is no magic formula, there are variables that founders can hone in on when engaging with potential investors.

Finnish startup Oura has closed its Series D funding round at $200mn, bringing the smart ring maker’s valuation to a cosy $5.2bn. Oura’s smart ring uses 20 biometric markers to track sleep, physical activity, and stress resilience. The device displays this data on an app that gives you a personalised “readiness” score.