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Wages for energy jobs are getting a boost and a possible shakeup in the U.S. telecommunications industry. Here’s the Thursday Bloomberg After The Bell Report from the New York Stock Exchange.
The S&P rose for the first time in five days as jobless claims slid to a four-year low. Meantime, investors are betting on a housing recovery. Realogy holdings rose as much as 29 percent in its first day of trading on Thursday.
Sprint also got a boost, announcing that it was in talks with Japan's SoftBank to get a "potential substantial investment" from the company, potentially shifting the balance of power in the American telecom industry, this while Sprint is considering a counter bid for MetroPCS.
Also getting a boost are wages for energy jobs, helping fuel the biggest jump in pay in more than five years. PayScale, which analyzes data from 10 million U.S. workers, says workers in the mining, oil and gas exploration industry have seen their pay increase 4.9 percent over the past year.
Would you like Snow White to greet you by your first name? Disney has asked the FCC for permission to use electronic wristbands that can track customers' activity at its parks.