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Tech•JAN 22, 2024

IT Unemployment Rises to 5.7% as AI Impacts Tech Jobs

The unemployment rate in the Information Technology (IT) sector has risen to 5.7% in January, up from 3.9% in December. This increase is largely attributed to the growing influence of automation and artificial intelligence (AI) in the tech industry.

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Business•JAN 22, 2024

Sunoco to Acquire NuStar Energy in $7.3 Billion Deal to Expand Fuel Distribution

Sunoco has announced a $7.3 billion acquisition of NuStar Energy, a move aimed at strengthening its fuel distribution network and expanding its pipeline and terminal operations. The deal, which is expected to close later this year pending regulatory approvals, will enhance Sunoco’s infrastructure capabilities and position the company for long-term growth in the U.S. energy market.

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