Kaluga car plants halt production Car demand falls, food prices soar Some hope Western resolve won’t last Others have seen crises pass before April 5 (Reuters) – Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with […]
John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, […]
NEW YORK, April 1 (Reuters) – Workers at an Amazon.com Inc (AMZN.O) warehouse in New York City voted to form the first union at the second-largest US private employer, a victory that adds to recent grassroots successes by labor activists pushing into new industries. Employees at the online retailer’s fulfillment center in the borough of […]
March 31 (Reuters) – Amazon.com Inc (AMZN.O) workers at a warehouse in New York City’s Staten Island have so far voted 57% in favor of unionizing with a final tally due on Friday, a potential landmark victory for organized labor at the second-largest US private employer. But that win contrasted with 53% of Amazon workers […]
KINGSTON, March 22 (Reuters) – Britain’s Prince William and his wife Kate arrived in Jamaica on Tuesday as part of a week-long Caribbean tour, hours after activists protested to demand reparations for slavery amid growing scrutiny of the British Empire’s colonial legacy. The Duke and Duchess of Cambridge arrived in Belize on Saturday to start […]
US Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, US, March 3, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register March 21 (Reuters) – Federal Reserve Chair Jerome Powell on Monday delivered his most […]
March 18 (Reuters) – A number of Uber (UBER.N) and Lyft (LYFT.O) drivers are considering quitting the app-based ride-hailing platforms as fueling up becomes costlier, with some calling the newly announced surcharges “insulting” . The companies announced this month a 55-cent per-ride surcharge that would be paid directly to drivers, in response to record gas […]
Weekly jobless claims fall 15,000 to 214,000 Continuing claims drop 71,000 to 1.419 million Housing starts increase 6.8% in February Manufacturing production jumps 1.2% in February WASHINGTON, March 17 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another […]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 17, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Energy sector rallies with oil, defensive sectors underperform US weekly jobless claims fall amid strong demand for workers Indexes up: Dow 1.23%, S&P 500 […]
Deutsche CEO says in Russia to serve multinational customers Deutsche CEO says exit ‘would go against our values’ Investors criticizes Deutsche’s Russia presence Deutsche Bank has said monitoring situation, may adapt CEO’s 2021 pay up 20% FRANKFURT, March 11 (Reuters) – Deutsche Bank (DBKGn.DE) faced stinging criticism from some investors and politicians on Friday for […]
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