Mack Trucks strike narrowly avoided as company reaches tentative deal with UAW union
A tentative contract agreement has been reached between Mack Trucks and thousands of its auto workers, the United Auto Workers union announced late Sunday, narrowly averting a strike at the company.
2023-10-02 17:49
Americans support strikes — until they affect their daily lives
Organized labor in the United States is having a moment. From the automobile industry to Hollywood, US workers have gone on strike at rates not seen in years and even more could walk off the job to demand better contracts.
2023-10-01 19:29
Kaiser Permanente workers say they are unlikely to reach deal to avert strike
The coalition of unions representing healthcare workers at Kaiser Permanente said late on Saturday it is unlikely there
2023-10-01 15:59
Exclusive-Carlyle in exclusive talks for $7 billion-plus Medtronic units deal-sources
By David Carnevali NEW YORK Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire
2023-09-29 23:48
Janet Yellen warns shutdown would be 'dangerous and unnecessary'
Treasury Secretary Janet Yellen will warn Congress in a speech later Friday morning that a government shutdown would be "dangerous and unnecessary" because it would undermine the American economy and disrupt key government functions.
2023-09-29 23:23
Albemarle to pay more than $218 million to settle bribery probe, U.S. says
WASHINGTON (Reuters) -Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle
2023-09-29 20:50
German unemployment rises less than expected in September
By Maria Martinez BERLIN German unemployment rose in September but less than expected, slowly showing the first cracks
2023-09-29 17:45
China trade council asks U.S. to "carefully consider" tech investment ban
SINGAPORE China's international trade council has formally asked the United States to "carefully consider" rules that ban or
2023-09-29 12:26
He allegedly forged documents at an Iowa bank that led to a bankruptcy. He still became an executive at another bank
The Federal Reserve on Thursday admonished Tanner Winterhof, a former executive at VisionBank of Iowa, for allegedly falsifying documents, causing the bank to endure major losses. Despite VisionBank terminating him last year, Winterhof still managed to get another job at a bank.
2023-09-29 06:45
Analysis: A messy government shutdown is the last thing the economy needs
It's a delicate time for the American economy.
2023-09-28 23:51
US government shutdowns don't send markets tanking, but the coast is far from clear
The possibility of a US government shutdown has cast a shadow on a market already rife with uncertainty.
2023-09-28 19:54
Temasek unit raises $3.3 billion in flagship fund investing in China
SINGAPORE Singapore state investment firm Temasek's wholly owned unit True Light Capital said on Thursday it raised $3.3
2023-09-28 14:29