(Reuters) -North American pilots and flight attendants are pushing for better pay and working conditions during their talks over new job contracts with company managements. Members at some unions have voted to authorize a strike if a new contract is not reached. The aggressive stance comes as the U.S. airline industry struggles to boost staff…
By Nathan Gomes (Reuters) -The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers later this week if no agreement is reached over new contracts, setting the stage for one of the largest worker actions this year. The current contracts at General Motors, Ford and Chrysler parent Stellantis are…
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond to threats from the Kremlin that foreign-owned assets may be seized. Below are some of the companies by sector that have secured…
(Reuters) – Several Canadian companies and government agencies have stopped advertising on Facebook and Instagram after Meta Platforms decided to stop news access on the apps over a law that requires payments to local news publishers. The “Online News Act”, which was approved by the Canadian parliament and received a royal assent on June 22,…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting next year, citing national interest even as Finance Minister Chrystia Freeland expressed hope in reaching an international consensus. More than 140 countries were planning to implement a 2021 deal that…
By Will Dunham WASHINGTON (Reuters) – While there is little doubt that many a Mesozoic mammal became a meal for a dinosaur, it may come as a surprise to learn that some mammals also dined on dinos. A dramatic fossil unearthed in northeastern China shows a pugnacious badger-like mammal in the act of attacking a…
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on the Federal Reserve’s interest rate decision next week. Headline U.S. retail sales rose less than expected in June, with a…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate dropped more than expected to a 27-month low of 2.8% in June led by lower energy prices, data showed on Tuesday, though food and shelter cost increases persisted despite 10 interest rate hikes in less than 18 months. Analysts polled by Reuters had…
OTTAWA (Reuters) – The Canadian government, under pressure over images showing asylum seekers sleeping on the streets of Toronto, on Tuesday said it would give the city an extra C$97 million ($73.6 million) to help meet the demand for housing. The money is part of a C$212 million ($160.9 million) one-time injection to help major…
(Reuters) – Canada’s annual inflation rate slowed to 2.8% in June on lower prices for gasoline as a result of the base-year effect, while food and mortgage interest costs remain high, Statistics Canada said on Tuesday. This beat analysts’ expectations for annual inflation to fall to 3.0%, down from 3.4% in May. STORIES: Market reaction:…