Finance

by | October 08, 2019 | 22:03

Saturday the UAW prepared an extensive package proposal and presented it to GM, reports the Detroit Free Press. Dittes told workers that the UAW's bargaining committee along with UAW worldwide staff presented a new proposal to GM on Saturday afternoon that addressed numerous issues, including wage hikes, job security and profit-sharing.

by | October 08, 2019 | 17:35

Though a moderate conservative, Kennedy wrote all of the court's opinions upholding the rights of gays and lesbians, including the 2015 decision upholding the right to marry for same-sex couples. Although these cases may seem to be only about LGBT rights, the reality is that everyone stands to lose basic workplace protections against discrimination if the high court rejects these workers' claims.

by | October 08, 2019 | 08:32

Alan Jope said that Unilever will halve the amount of "new plastic" it uses in a bid to appeal to millennials and Generation Z, but warned against "trendy" alternatives to plastics such as glass. "Our plastic is our responsibility and so we are committed to collecting back more than we sell, as part of our drive towards a circular economy". The company also said it will collect and recycle over 600,000 tons of plastic every year.

by | October 07, 2019 | 23:11

GE said the freeze is effective January 1, 2021, and is cheaper than $ 4 billion and $ 6 billion. GE's Chief Executive Officer Larry Culp took over the reins of the company about 12 months ago. The moves will help trim the shortfall by as much as US$8 billion. The company had about 283,000 employees at the end of 2018, about 97,000 of them in the United States.

by | October 07, 2019 | 23:07

Kudlow added that Chinese negotiators have been a "little more cooperative recently" as they have recently purchased USA agricultural products like soybeans, pork and wheat . As Monday's talks got under way, the US Department of Agriculture reported more soya bean exports to China, the latest in a recent flurry of buying by Beijing.

by | October 07, 2019 | 22:10

The CIBC Run for the Cure is a 5k or 1k walk or run raises funds for the Canadian Cancer Society. She has been cancer-free for seven years. She's walked with a support team for the last six years but has participated for the previous 10 years since being diagnosed with breast cancer in 2008.

by | October 07, 2019 | 20:26

Aston Martin has launched a new version of their DBS, the Aston Martin DBS GT Zagato and the vehicle comes with a V12 engine that produces an impressive 760 horsepower. Each pair cost £6 million. The Aston Martin DBS GT Zagato gets a 5.2-litre twin-turbo V12 with 760 bhp. Aston Martin is also expecting many buyers to take advantage of its "Q" division, which allows for even further personalisation.

by | October 07, 2019 | 20:01

Although the pace of hiring has slowed considerably since a year ago, this most recent report from the Labor Department showed some encouraging signs: Both July and August's jobs reports were revised higher by tens of thousands of jobs.

by | October 04, 2019 | 18:45

Flutter's offer assigns an equity value to Stars Group of about 4.95 billion pounds (US$6 billion), which represents a premium of about 40% to Tuesday's closing share price, according to Bloomberg calculations. Flutter has sharpened its focus on North America as the potentially huge USA market opens up and it faces higher taxes and increased regulations in its main Irish, UK and Australian markets.

by | October 04, 2019 | 18:22

Increases in USA domestic crude oil production have resulted in reduced imports and increased exports. Canada stayed the top foreign destination of US crude oil, with USA exports rising by 3 percent year on year in H1 2019. On the supply side, Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, said on Thursday the world's top crude oil exporter had fully restored oil output after attacks on its facilities last month knocked out more than 5 per cent of global oil supply.

by | October 04, 2019 | 17:56

HDIL's assets worth Rs 3,500 crore attached. A day after arresting promoters of debt-ridden HDIL, the Economic Offences Wing (EOW) of Mumbai Police on Friday arrested the suspended managing director of Punjab and Maharashtra Cooperative (PMC) Bank Joy Thomas.

by | October 04, 2019 | 16:25

The government has recently announced a series of measures including the steepest cut in corporate tax, the rollback of enhanced surcharge on Foreign Portfolio Investors, among others to jump-start growth which hit a six-year low of 5 percent during the first quarter of the current fiscal.

by | October 04, 2019 | 13:39

Central will be offering a special $1 taco along with their regular list of 11 taco offerings on October 4th. Tasty taco options include their Oaxacan steak taco with seared flank, garlic-jalapeño chimichurri, queso fresco and pickled red onion; veggie taco with roasted broccoli, squash, brussels sprouts, onion, carrots and potatoes topped with a goat cheese crema and spicy pecan chipotle salsa; plus other favorites such as their Korean short rib, coconut shrimp or spicy crispy chicken.

by | October 04, 2019 | 13:28

The collapse of the 178-year-old firm last week put 9,000 staff in the United Kingdom out of work - and left 150,000 British holidaymakers stuck overseas. Ryanair Holdings PLC ( LON:RYA ) could not take full advantage of Thomas Cook's collapse due to the grounding of the Boeing 737 MAX, its boss said on Tuesday afternoon.

by | October 04, 2019 | 12:56

Tesla CEO Elon Musk reportedly told employees that 100,000 cars was a real possibility for the quarter. Shares in the electric auto firm fell by 4pc after hours after it posted the figures, which show the company delivered 97,000 cars. In 2018's third quarter, the company delivered 83,774 vehicles, including 63,359 Model 3s and a combined 12,100 of its S and X models. Apart from that, the Silicon Valley automaker also said it received "record net orders" in Q3 2019 this year, and has an ...

by | October 04, 2019 | 10:55

Attorneys for victims of the deadliest mass capturing in contemporary US record say they've attained a settlement to solve lawsuits that is envisioned to shell out in between $735 million and $800 million. Today (October 3, 2019) a multi-million dollar settlement is reached. The amount of the settlement depends on the number of plaintiffs who take part, according to attorneys who represent thousands of people with claims against MGM.

by | October 04, 2019 | 10:09

The sills have grown significantly, while at the rear there's a massive wing and diffuser combination, and a pair of large exhaust tips pointing upwards. The lack of compromise continues with the folding roof itself, which is now comprised of hard panels rather than the fabric of previous Corvette generations.

by | October 04, 2019 | 09:28

In pregnant women, the infection can cause miscarriages, stillbirths, premature delivery or life-threatening infection of the newborn. A brand of cheese is being recalled from Whole Foods locations in New York, New Jersey and CT, among other states, due to a potential contamination.

by | October 04, 2019 | 08:42

We continue to work on the charter. Facebook's point man on Libra development, David Marcus of its subsidiary Calibra, took to Twitter on Tuesday evening to rebut one Journal source's claim that some partners had not received detailed information about how the Libra Association would conform to "anti-money-laundering laws and preventing terrorism financing".

by | October 03, 2019 | 21:29

While the ISM index needs to drop below the 42.9 level to signal a recession in the broader economy , economists said its continued slide posed a huge risk to the longest economic expansion in history. Several of the purchasing managers who were surveyed in the monthly report said tariffs that President Donald Trump levied on China and other major trading partners past year have posed challenges for them.

by | October 03, 2019 | 18:37

It rose 1.2% for the quarter. Among individual stocks, Apple jumped 2.4 percent after a note from JPMorgan Chase lifted its price target, arguing that the solid outlook for iPhone sales has been underestimated. This was the quickest pace of growth of the manufacturing PMI in 19 months. Investors this week will focus on economic reports, including a key jobs report and the September ISM purchasing managers index (PMI).

by | October 03, 2019 | 17:38

It would certainly be more financially responsible to give workers fair conditions from the start, avoiding a strike altogether. The UAW made a counter proposal Tuesday and is awaiting a reply. Chuck Browning, director of a UAW region in Detroit , told workers on the picket lines at an engine plant in Romulus, Michigan, Sunday that the union wants a small piece of the billions GM is making.

by | October 03, 2019 | 17:09

The Dow Jones Industrial Average dropped by almost 600 points, to a low of 25,974.12, after data from ADP showed that private U.S. employers had hired fewer workers than expected. Investors are now anxious that weaker-than-expected private payrolls data and Friday's jobs report could also disappoint, making matters worse. "We are really counting on the consumer to kind of carry us through here amid the slow patch in manufacturing", said Scott Brown, chief economist at Raymond James in ...

by | October 03, 2019 | 15:37

At its October meeting on Tuesday, the Reserve Bank of Australia made the widely expected decision to drop the rate to 0.75 per cent - the third time it has wiped 25 basis points off since June. On Wednesday both Westpac and ANZ confirmed they too would not pass on the full rate cut. "When you get to 0.5% you have to bring in other measures", said Damien McColough, Westpac's head of rates strategy.

by | October 03, 2019 | 15:29

In calling for a negotiated solution to the long-simmering tit-for-tat dispute, Guillaume Faury , Airbus chief executive officer, pledged that, " Airbus will continue working with its US partners, customers and suppliers, to address all potential consequences of such tariffs that would be a barrier against free trade and would have a negative impact on not only USA airlines but also U.S.jobs, suppliers and air travelers".