BALTIMORE (Reuters) – The United States is watching Monday’s vote on a new union at Mexico’s Tridonex auto parts plant very closely, U.S. Trade Representative Katherine Tai told reporters, saying the United States had an “outsized interest” in the matter. “We’re watching that vote extremely closely,” Tai said after an event at Morgan State University…
By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -The Russian ruble hit record lows on Monday while world stocks slid and oil prices jumped after the West ramped up sanctions against Moscow over its invasion of Ukraine, including blocking Russian banks from the SWIFT global payments system. Russia’s central bank hiked its key interest…
DETROIT (AP) — Labor unions and worker advocates have applauded President Joe Biden’s nomination of Judge Ketanji Brown Jackson for the Supreme Court. Yet a look back at Jackson’s decisions in cases involving business and labor suggest that she won’t always rule as they want or expect her to. Though Jackson is widely seen as…
BERLIN (AP) — Germany’s vice chancellor is traveling to Washington for talks with U.S. officials that will focus on energy security and the need to ramp up renewable energy supplies in the wake of Russia’s attack on Ukraine. Germany gets a large share of its energy from Russia in the form of coal, oil and…
By Devik Jain and Noel Randewich (Reuters) – The S&P 500 ended lower in volatile trading on Monday, with investors wrestling with uncertainty and bank stocks dropping following powerful Western sanctions against Russia as it continued its invasion of Ukraine. Citigroup fell and weighed on the S&P 500 banks index as the U.S. 10-year Treasury…
(Corrects net profit figure) BOGOTA (Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, rose to 406.7 billion pesos ($103 million) from the 61.3 billion pesos net loss reported the year before, boosted by the recovery of its business and a lower impact from the COVID-19 pandemic, the company said in a statement…
By itself, being able to read smartphone home screens in Cherokee won’t be enough to safeguard the Indigenous language, endangered after a long history of erasure. But it might be a step toward immersing younger tribal citizens in the language spoken by a dwindling number of their elders. That’s the hope of Principal Chief Richard…
WASHINGTON (Reuters) – White House economic adviser Cecilia Rouse said on Monday that the biggest U.S. economic risk from Russia’s invasion of Ukraine is from higher gasoline prices, and the depth of the impact will depend on the length of the conflict. Rouse, who chairs the Council of Economic Advisers, told a Politico online event…
(Reuters) -Jefferies Financial Group Inc will donate all of its global net trading revenue on March 2 to Ukranian humanitarian relief, Chief Executive Officer Richard Handler said in an Instagram story on Monday. The bank will donate net global trading commissions for all trading in equities, fixed income and foreign exchange by the firm’s clients…
By Tom Wilson LONDON (Reuters) – Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to a record low on Western sanctions, data shared with Reuters showed. Rouble-denominated trades with the Tether – a so-called stablecoin – hit $29.4 million, their highest this year and…
