By Waylon Cunningham – Twenty-six U.S. senators and 82 House representatives have written to Starbucks CEO Brian Niccol, urging the company to resume talks with its workers union, the lawmakers said on Monday. “We have heard of a troubling return to union busting,” states the letter from the group of senators led by Senator Bernie Sanders, which …
US lawmakers urge Starbucks CEO to restart union talks Read More »
By Abhinav Parmar and Lisa Baertlein (Reuters) -U.S. imports of containerized goods fell 7.5% year-over-year in October, as shipments from China plunged 16.3% amid importer caution over President Donald Trump’s evolving tariff policies, supply chain technology provider Descartes said on Monday. U.S. seaports handled a total of 2.3 million twenty-foot equivalent units (TEUs) last month, …
US container imports fall in October amid tariff driven caution Read More »
By Karen Sloan (Reuters) -Large and midsized U.S. law firms enjoyed a “sharp spike” in client demand during the third quarter, setting the stage for a profitable 2025, according to a new analysis of firm financial data. Overall demand was up 3.9% from the third quarter of 2024—the fourth-highest quarterly increase of the past 20 …
US law firms saw demand surge in third quarter – report Read More »
By Casey Hall SHANGHAI (Reuters) -U.S. exporters of agricultural goods to China are optimistic that trade between the two countries will return to normalcy after a framework agreement reached last month by their leaders, according to several exporters and industry officials. The mood this year in the U.S. pavilion at the China International Import Expo …
At China’s largest import expo, US exhibitors hopeful worst of trade war is over Read More »
(Reuters) -Tesla’s head of the Cybertruck program, Siddhant Awasthi, said late on Sunday that he is leaving the U.S. electric vehicle maker after more than eight years with the company. Awasthi, who began his Tesla journey as an intern, most recently oversaw the Cybertruck program from its engineering phase to large-scale production, leading efforts in …
Tesla’s Cybertruck chief Siddhant Awasthi departs after eight years Read More »
A look at the day ahead in European and global markets from Rae Wee Global markets are set to begin the week with an oomph as investors cheer the prospect of an imminent end to a historic U.S. government shutdown that has upended everything from air travel to key economic data releases. In a procedural …
Morning Bid: Markets rejoice potential end to US government shutdown Read More »
WASHINGTON (Reuters) -Airlines canceled more than 2,700 U.S. flights and delayed more than 10,000 on Sunday, the most disruptions on a single day since the U.S. government shutdown began. Major airlines were dealing with a third day of government-mandated flight cuts along with rising air traffic controller absences, which has caused thousands of delays and …
US surpasses 10,000 flight delays Sunday in worst day of shutdown Read More »
SYDNEY (Reuters) -Australia’s monetary policy faces an unusual challenge as the economy began recovering last year with demand still above potential output, a top central bank official said on Monday, suggesting little room for near-term policy easing. In a speech at a UBS conference in Sydney, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser …
Australia’s economic capacity remains tight, top central banker says Read More »
(Reuters) -Australian stock exchange operator ASX Ltd has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver on its multi-year turnaround plan. The appointment comes as ASX faces heightened regulatory scrutiny following a string of compliance and operational setbacks, including the central …
ASX appoints new compliance chief amid pressure to deliver on turnaround plan Read More »
By Scott Murdoch SYDNEY (Reuters) -ANZ Group flagged it faces margin pressure after reporting a 14% drop in annual cash earnings hurt by legal penalties and layoff expenses, but the bank said it planned to cut costs this year, sending its shares up on Monday. ANZ, the country’s fourth-largest lender by market value, posted cash …
ANZ CEO Nuno Matos vows to cut costs as bank faces margin pressure in 2026 Read More »
