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Fed holds prices steady, updates evaluation of economic growth
The Federal Reserve on Wednesday all over again held benchmark interest prices regular amid a backdrop of a escalating overall economy and labor market place and inflation that is continue to well previously mentioned the central bank’s focus on. In a broadly anticipated move, the Fed’s rate-placing team unanimously agreed to maintain the critical federal […]
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Southwest flight attendants would get 36% pay raises in new contract
Southwest Airlines Boeing 737-700 aircraft is seen landing at dusk time at Ronald Reagan Washington National Airport in Arlington, Virginia. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines flight attendants would get 36% cumulative pay increases in a new five-year contract, according to details of the tentative agreement shared with crews Wednesday. The flight […]
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Splunk to slice 7% of workforce, or about 500 staff, ahead of Cisco acquisition
Splunk brand exhibited on a cellular phone display and a notebook keyboard are noticed in this illustration photo taken in Krakow, Poland on Oct 30, 2021. (Picture by Jakub Porzycki/NurPhoto by using Getty Photographs) Jakub Porzycki | Nurphoto | Getty Pictures Cybersecurity agency Splunk, set to be Cisco’s largest-ever acquisition, announced Wednesday it would lay […]
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Winners and losers of the UAW talks with GM, Ford and Stellantis
President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein | Reuters DETROIT — A tentative deal Monday between the United Auto Workers and General […]
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McDonald’s, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
Chipotle and McDonald’s fast-food restaurants in Chinatown in Washington, D.C. Jeff Greenberg | Universal Images Group | Getty Images McDonald’s and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state’s minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in recent days. McDonald’s […]
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GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks
Members of the United Auto Workers, or UAW, Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on Sept. 26, 2023. Patrick T. Fallon | AFP | Getty Images DETROIT — The United Auto Workers and General Motors have agreed to a deal that will […]
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Canadian auto union initiates national strike at Chrysler parent Stellantis
Lana Payne celebrates on stage as Unifor, Canada’s largest private-sector union, announce Payne as their new president to replace outgoing leader Jerry Dias in Toronto, Ontario, Canada, Aug. 10, 2022. Cole Burston | Reuters DETROIT — After reaching a tentative agreement Saturday with the United Auto Workers union, Chrysler parent Stellantis is now facing a […]
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Biden unveils U.S. government’s initial-ever AI government order
President Joe Biden speaks as he meets with AI gurus and researchers at the Fairmont Lodge in San Francisco, Calif., on Tuesday, June 20, 2023. Jane Tyska | Medianews Group | Getty Illustrations or photos President Joe Biden unveiled a new government buy on artificial intelligence — the U.S. government’s initial motion of its form […]
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UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000 […]
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Some pharmacy staff from Walgreens, other chains are walking out again — here’s what you need to know
A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters Some pharmacy staff from Walgreens and other drugstore chains are planning to walk out next week in the latest pushback against what they call unsafe working conditions that put both employees and patients at […]
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