UAW strike enters third week
GM workers in Ohio face job uncertainty as the auto strike continues into week three. Find out why the United Autoworkers Union is pushing for a 40% wage hike and a 90-day period for top wages.
Workers conduct largest U.S health care strike
Nearly 75,000 union members across several states have gone on strike against Kaiser Permanente, marking the largest strike ever conducted in the U.S. health care field. The employees say they are protesting unfair labor practices and un...
Employees begin largest healthcare strike in U.S history
More than 75,000 Kaiser employees in several states are expected to be out on the picket line Wednesday after they couldn’t come to an agreement with management on a new contract. Employees say they are protesting unfair labor practices ...
Trump appears in Manhattan court in fraud trial
Former U.S. President Donald Trump's fraud trial got under way in Manhattan on Monday. Trump and his sons are charged with inflating the value of his assets to secure better loan and insurance terms. He now risks losing his business in N...
Ford, GM furlough additional 500 workers
Two of Detroit's Big Three automakers are furloughing more workers as the United Auto Workers strike nears the three-week mark without sufficient progress on a labor contract agreement.
First shipment of Russian gas arrives in Pakistan
Pakistan has received its first shipment of Russian gas, under a deal struck between the two countries earlier this year. The government hopes it will help ease an energy shortage as oil and gas prices are rising around the world. But ex...
Tesla misses third quarter delivery expectations
Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first delivery decline in more than a year. The results, posted Monday, missed expectations, causing the stock to dip 2%.
Economic impact of a prolonged UAW strike
If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker could cost five other people their jobs.
U.S. braces for government shutdown amid impasse
An impending U.S. government shutdown now seems to be a foregone conclusion unless a last-minute deal can be reached between hold-out far-right Republicans and House Speaker Kevin McCarthy.
Microsoft tried to sell Bing to Apple in 2020
Microsoft Corp. discussed selling its Bing search engine to Apple Inc. around 2020, a deal that would have replaced Google as the default option on the iPhone maker's devices, according to people with knowledge of the matter. The Justice...
Student loan borrowers prepare to resume repayments
The U.S. Department of Education estimates 43 million people in the country owe a collective $1.6 trillion in federal student loan debt. Repayments are set to begin Sunday for the first time since the start of the pandemic.
Hong Kong woos tourists to revive economy
Hong Kong has held its first Dragon Dance festival, since it dropped pandemic restrictions earlier this year. The Chinese self-governing territory is trying to draw back tourists to help its battered economy.
UAW now aims for 30% pay raise
The United Auto Workers union wants to emerge from its strike against Detroit's three major automakers with at least a 30% pay raise, according to people familiar with the matter.
Meta unveils AI assistant, smart glasses
Meta Platforms Chief Executive Mark Zuckerberg has rolled out new AI products for consumers, including smart glasses that can answer questions and stream directly on Facebook, as well as bots that create photo-realistic images and an upd...
Trump rails against electric vehicles in Michigan
As his Republican rivals sparred onstage in California at their second primary debate, Donald Trump was in battleground Michigan Wednesday night working to win over blue-collar voters by lambasting President Joe Biden and his push for el...
Trump visits non-union auto workers in Michigan
Donald Trump is skipping the second Republican debate to speak to auto workers in Clinton Township. While the former president has framed his visit as showing support for autoworker union members, he'll be delivering remarks from a non-u...
Hollywood writers guild set to return to work
Leaders of the screenwriters union declared their nearly five-month-old strike over Tuesday after board members approved a contract agreement with studios, bringing Hollywood at least partly back from a historic halt in production.
U.S. DOJ steps up probe into Credit Suisse and UBS
The U.S. Department of Justice has stepped up its probe into Credit Suisse Group and UBS Group AG over suspected compliance failures that allowed Russian clients to evade sanctions, according to people familiar with the situation.
Mexican goods stuck at U.S border amid migration checks
Long lines of trucks remain stuck in Mexico. Trade across the U.S.-Mexican border has been slowed after U.S. authorities shut down crossings and imposed extra security checks amid an increase in migration.
Trump found liable for fraud in New York civil case
A New York judge found Donald Trump and his family business fraudulently inflated the value of his properties and other assets. It is a major defeat for the former U.S. president that could severely restrict his ability to do business in...
Amazon hit by U.S antitrust lawsuit
In a long-expected move, the United States Federal Trade Commission and a collection of 17 states are suing one of the richest companies in the world. Amazon is accused of harming consumers by stifling competition.
Hollywood writers end strike after final deal, actors next
Hollywood writers will go back to their job on Wednesday after their union struck a tentative deal with major studios. The actors union which is still picketing hopes the agreement will pave way for them as well.
FTC files antitrust case against Amazon
The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers. Amazon says ...
JPMorgan settles lawsuit over Jeffrey Epstein ties
JPMorgan Chase & Co. reached settlements with former executive Jes Staley and the US Virgin Islands over ties to Jeffrey Epstein, as it seeks to end its legal woes over its banking relationship to the deceased pedophile.
Airbus beats Boeing in Air France deal
Air France-KLM said the decision to go with Airbus for its widebody fleet renewal came down to a complex choice around aircraft range, pricing and slot availability and the European planemaker's willingness to be more aggressive to edge ...
Mercedes, BMW stand to lose most in China EV battle
The European Union's probe into Beijing's electric-vehicle subsidies may leave Germany's luxury automakers facing the most potential exposure to tit-for-tat tariffs.