John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more
NEW YORK, April 1 (Reuters) – Workers at an Amazon.com Inc (AMZN.O) warehouse in New York City voted to form the first union at the second-largest US private employer, a victory that adds to recent grassroots successes by labor activists pushing into new industries. Employees at the online retailer’s fulfillment center in the borough of … Read more
March 31 (Reuters) – Ford Motor Co (FN) and General Motors (GM.N) will each halt production next week at a Michigan plant due to parts shortages, the two companies said separately on Thursday. No. 2 US automaker Ford said it would suspend production at its Flat Rock Assembly Plant next week, where it builds the … Read more
March 31 (Reuters) – Amazon.com Inc (AMZN.O) workers at a warehouse in New York City’s Staten Island have so far voted 57% in favor of unionizing with a final tally due on Friday, a potential landmark victory for organized labor at the second-largest US private employer. But that win contrasted with 53% of Amazon workers … Read more
HANOI/SAN FRANCISCO, March 29 (Reuters) – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory in North Carolina to make electric buses, sport utility vehicles (SUVs) along with batteries for EVs . The unit of Vietnam’s biggest conglomerate Vingroup (VIC.HM), said it plans … Read more
LOS ANGELES, March 22 (Reuters) – Employees of the Walt Disney Co (DIS.N) staged walkouts and social media campaigns on Tuesday to protest the company’s response to Florida legislation that would limit classroom discussion of sexual orientation or gender identity. In a rare public demonstration of unrest, about 60 Disney employees gathered at a park … Read more
KINGSTON, March 22 (Reuters) – Britain’s Prince William and his wife Kate arrived in Jamaica on Tuesday as part of a week-long Caribbean tour, hours after activists protested to demand reparations for slavery amid growing scrutiny of the British Empire’s colonial legacy. The Duke and Duchess of Cambridge arrived in Belize on Saturday to start … Read more
US Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, US, March 3, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register March 21 (Reuters) – Federal Reserve Chair Jerome Powell on Monday delivered his most … Read more
Chevron Corp’s refinery is shown in Richmond, California August 7, 2012. REUTERS/Robert Galbraith Register now for FREE unlimited access to Reuters.com Register March 20 (Reuters) – The union representing workers at a Chevron oil refinery in Richmond, California, has told its members to prepare for a strike shortly after 12 am on Monday barring agreement … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 17, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Energy sector rallies with oil, defensive sectors underperform US weekly jobless claims fall amid strong demand for workers Indexes up: Dow 1.23%, S&P 500 … Read more