Many of the core issues in the labor dispute between the United Auto Workers and the Big Three U.S. automakers are familiar: salary increases, sick days and pay grades. While much of the attention has gone to those key issues, a major undercurrent of the dispute is the transition to […]
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Detroit CNN — The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of America’s unionized automakers at the same time. Workers on Friday walked out of three plants – one each from the […]
What will happen to car prices? GM, Ford and Stellantis have been running their factories around the clock to build up supplies on dealer lots. But that’s also putting more money into the pockets of UAW members and strengthening their financial cushions. At the end of August, the three automakers […]
TOKYO (AP) — Asian shares mostly declined Tuesday despite a Big Tech rally on Wall Street, as investors looked ahead to data on U.S. consumer prices set for later in the week. Japan’s benchmark Nikkei 225 surged 0.7% in morning trading to 32,686.67. Australia’s S&P/ASX 200 lost 0.2% to 7,176.30. […]
This earnings season shows a major challenge facing retailers: shoppers reluctant to make big purchases. To some extent, this pullback is to be expected as interest rates stay high, the housing market has stalled, and consumers are gravitating towards services rather than goods. But retailers reporting results over the past […]
If your savings are languishing in a low-yield account, it’s time to change that. /Getty Images In today’s inflationary environment, it often seems like consumers are losing money left and right. They’re paying more for everything from groceries to gas, accruing more credit card interest and watching their investment returns […]
When Federal Reserve officials gather later this week for the central bank’s annual economic symposium in Jackson Hole, Wyo., the investment world will be listening to how Fed Chair Jerome Powell frames the fight against inflation. The question Powell and other Fed officials face is whether inflation’s downward trajectory is […]
Artificial intelligence is expected to once again take center stage as the nation’s largest technology companies begin reporting quarterly results on Tuesday. Three months ago, Microsoft (MSFT), Alphabet (GOOGL), Meta (META), and others battled for AI mentions and saw stocks pop on promises for future earnings. This quarter, investors will be […]
NEW YORK — With another tick higher Wednesday, Wall Street added to its big rally for the year following profit reports from a spate of banks and other big U.S. companies. The S&P 500 rose 10.74, or 0.2%, to 4,565.72. After its seventh gain in the last eight days, it’s […]
New York CNN — To undercut its fast-growing rivals, Subway is making a big change to its meats. The chain’s roughly 20,000 US locations will freshly slice their deli meat beginning Wednesday, marking Subway’s biggest change since two years ago, when it began refreshing its menu offerings, ingredients and restaurant […]
TORONTO, June 20 (Reuters) – Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability buffer by 50 basis points to 3.5%, citing rising borrowing costs, high debt levels and stress on the financial system. The Office of […]
A unique incubator for Black business owners and entrepreneurs opened May 17 in D.C.’s Congress Heights neighborhood and its first participants have moved in. The Retail Village at Sycamore & Oak for Black business owners and entrepreneurs will open next month in D.C.’s Congress Heights and its first participants have […]
Big Data Analytics in Retail Market Integration of new technologies such as IoT, AI, and machine learning in big data analytics in retail are the major factors that propel the market growth. PORTLAND, PORTLAND, OR, UNITED STATE, April 4, 2023 /EINPresswire.com/ — According to the report published by Allied Market […]
Company Logo Dublin, March 06, 2023 (GLOBE NEWSWIRE) — The “Big Data Market by Leading Companies, Solutions, Use Cases, Infrastructure, Data Integration, IoT Support, Deployment Model and Services in Industry Verticals 2023 – 2028” report has been added to ResearchAndMarkets.com’s offering. This report provides an in-depth assessment of the global […]
WorkForce Software earns additional industry recognition with a BIG Innovation Award from Business Intelligence Group for its WorkForce Suite solution which modernizes workforce management for the world’s biggest brands and improves their employee engagement and communications. LIVONIA, Mich., Feb. 1, 2023 /PRNewswire/ — Today, the first global provider of integrated employee […]
The Federal Reserve offered new details Tuesday on how it will test the resilience of banks under different climate scenarios. This news comes less than a week after Fed Chair Powell said the central bank is not a climate policymaker, but does have “narrow responsibilities” to oversee risks from climate […]
U.S. stocks closed mixed Tuesday as a shortened but busy week packed with corporate earnings got underway on Wall Street. The Dow Jones Industrial Average (^DJI) shed nearly 400 points, or around 1.1%, weighed down by bank stocks after Goldman Sachs (GS) posted its largest earnings miss in a decade. […]
U.S. stocks ended Friday higher after key earnings reports from financial heavyweights. The S&P 500 (^GSPC) added 0.4%, while the Dow Jones Industrial Average (^DJI) increased by 0.3%. The technology-heavy Nasdaq Composite (^IXIC) was up roughly 0.7%, closing upward for sixth consecutive day, the longest streak since 2021. The Nasdaq […]
Having suitable insurance at the right level of coverage is an important part of every business. Being underinsured or having the wrong business insurance broker can have devastating consequences. The vision of a quality business insurance broker is to bring and restore trust and faith in the process; empower clients […]
In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.) Skin Laundry Who are you and what’s your business? My name is Gregg Throgmartin, and Skin Laundry […]