Category: Business

The United Auto Workers will seek a speedier recognition from GM (GM.N) that does not require a vote to represent hourly workers in the automaker’s growing stable of U.S. joint-venture battery plants, the union said on Friday. UAW President Ray Curry, speaking at an event in Toledo, Ohio, where GM announced it will invest $760 […]

The International Association of Machinists and Aerospace Workers (IAM) said on Friday it is filing an application seeking an election to represent about 3,000 JetBlue ground workers. Th union will file an application with the National Mediation Board. The union argues JetBlue workers are receiving below-standard industry pay rates and benefits. JetBlue opposes the effort. […]

Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that Latin America’s largest economy has its own growth dynamics. Speaking to businesspeople at an event in the state of Bahia, he stressed that the country has continental dimensions, is in good fiscal […]

Oil prices fell $2 a barrel on Monday, settling at nine-month lows in choppy trade, pressured by a strengthening dollar as market participants awaited details on new sanctions on Russia. Brent crude futures for November settled down $2.09, or 2.4%, to $84.06 a barrel, plunging below levels reached on January 14. U.S. West Texas Intermediate […]

Monday’s depositions of Elon Musk and Twitter Inc’s (TWTR.N) Chief Executive Officer Parag Agrawal have been postponed and it was unclear when the interviews under oath would take place, sources familiar with the litigation said.

The Bank of Mexico is expected to raise its key interest rate to a record 9.25% this week, a Reuters poll showed Monday, following in the steps of the U.S. Federal Reserve’s recent 75 basis points hike in a bid to tackle stubbornly high inflation. All 20 analysts polled expect Banxico, as the central bank […]

Unilever (ULVR.L) said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year after a bungled attempt to buy GSK’s consumer healthcare business, and two months after activist investor Nelson Peltz joined the board. The British consumer products maker said its board would start a formal search for […]