(Reuters) – Billionaire Elon Musk, the chief executive of electric automaker Tesla Inc and rocket company SpaceX, on Tuesday tweeted that he was buying soccer club Manchester United, without offering any details. Musk has a history of being unconventional, posting irreverent tweets, and it was not immediately clear whether he planned to pursue a Manchester…
By Sam Byford (Reuters) – Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes. Japan’s Nikkei rose 0.81% to 29,101.33, breaking through the 29,000 barrier for the first time since Jan. 6. MSCI’s…
(Reuters) -Tesla Chief Executive Officer Elon Musk said on Tuesday he was buying football club Manchester United Plc. “I’m buying Manchester United ur welcome,” Musk said in a tweet. Musk has a history of making irreverent tweets, and it was not immediately clear whether he planned to pursue a deal. Manchester United, controlled by the…
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq. The S&P 500 consumer discretionary and staples sectors gave the benchmark index its biggest…
OMAHA, Neb. (AP) — The special board appointed by President Joe Biden to intervene in stalled railroad contract talks suggested Tuesday that 115,000 rail workers should get 24% raises and thousands of dollars in bonuses as part of a new agreement to avert a strike. Railroads and unions will use those recommendations as the basis…
SAN FRANCISCO (AP) — Airbnb says it will use new methods to spot and block people who try to use the short-term rental service to throw a party. The company said Tuesday it has introduced technology that examines the would-be renter’s history on Airbnb, how far they live from the home they want to rent,…
By Daina Beth Solomon MEXICO CITY (Reuters) -The U.S. and Mexican governments have resolved a labor dispute at a Mexican unit of Stellantis-owned, officials said on Tuesday, marking the latest blow by a recent trade pact against entrenched unions seen as cozy with management. The agreement at Teksid Hierro de Mexico marks the fourth labor…
(Reuters) – Workers at an Amazon.com Inc warehouse near Albany, New York, are seeking to unionize, the National Labor Relations Board said in a statement on Tuesday. (Reporting by Hilary Russ; Editing by Leslie Adler)
WASHINGTON (AP) — Amazon has complained to federal regulators that they are hounding company founder Jeff Bezos and senior executives, making “impossible-to-satisfy demands” in their investigation of Amazon Prime, the popular streaming and shopping service with free delivery and an estimated 200 million members around the globe. The Federal Trade Commission has been investigating the…
NEW YORK (AP) — Amazon is raising charges on third-party sellers again — this time adding a holiday fee for merchants who use the company’s fulfillment services to pack and ship items to customers. From Oct. 15 to Jan. 14, sellers will be hit with an average fee of $0.35 per item sold using Amazon’s…
