Fourth Quarter 2022 Highlights Appointed Kate Johnson as president, chief executive officer, and a member of the company’s Board of Directors Completed the $7.5 billion divestiture of its 20-state ILEC business to Apollo on Oct. 3 Announced an exclusive arrangement for the proposed sale of its EMEA business to Colt Technology […]

U.S. shares shut out a unstable session sharply greater Tuesday following Federal Reserve Chair Jerome Powell embraced the existence of disinflation in the financial state through a speech in Washington, D.C. The S&P 500 (^GSPC) soared 1.3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, though the Dow Jones Industrial Common (^DJI) jumped 265 details, or .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The […]

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 2.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) rose to 224.8, down 12.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from a year ago. January’s increase was driven in part by the seasonal adjustment. The non-adjusted price change in January […]