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…
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and S&P 500 closed higher on Tuesday as Walmart and Home Depot gained following stronger-than-expected results and outlooks, while technology shares declined and weighed on the Nasdaq. The S&P 500 consumer discretionary and staples sectors rose sharply along with the S&P 500 retail index. Walmart forecast…
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets were flat while U.S. Treasury yields rose on Tuesday, as recession worries persisted amid concern the Federal Reserve will continue its steep interest rate hikes despite nascent signs of a slowdown in inflation. The yield curve between two- and 10-year Treasury notes, viewed as an indicator…
By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble Co will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes. P&G will aim to end buying pulp, a key ingredient…
By Nathan Gomes (Reuters) -American Airlines Group Inc on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S. airline to bet on ultra-fast passenger travel in the last two years. The deal brings Boom’s orderbook to 130 airplanes, including options, valued at about $26 billion, Boom…
