(This Dec. 21 story has been corrected to remove the word ‘contract’, in paragraph 14) By Savyata Mishra, Gursimran Mehar and Renee Hickman (Reuters) – Some members of the Starbucks workers’ union that represents more than 10,000 baristas walked off their jobs in multiple U.S. cities on Friday, citing unresolved issues over wages, staffing and …
Starbucks workers’ union strikes across US as talks hit impasse Read More »
MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum expects Congress to approve a ban early next year on planting genetically modified corn in the country, she said on Saturday. Sheinbaum’s announcement comes a day after a trade-dispute panel ruled Mexico’s restrictions on U.S. exports of GM corn violate the USMCA trade agreement. “With the help …
Mexican president confident Congress will ban planting GM corn in 2025 Read More »
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration on Friday proposed a new process to streamline reviews of exemptions filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels or brake pedals. NHTSA has authority to grant petitions to allow up to 2,500 vehicles per manufacturer to …
US agency proposes to streamline self-driving car exemption reviews Read More »
By David French (Reuters) -Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar with the matter. Minneapolis, Minnesota-based Northern has submitted at least two offers for Granite Ridge, the sources said, adding the …
By David Lawder WASHINGTON (Reuters) -A trade-dispute panel ruled on Friday that Mexico’s restrictions on U.S. genetically modified corn exports violate the U.S.-Mexico-Canada Agreement, handing the Biden administration a major trade victory in its final weeks. The U.S. Trade Representative’s office said the USMCA dispute settlement panel ruled in favor of all seven U.S. legal …
US wins Mexico GM corn dispute case as panel finds curbs not science-based Read More »
By David Shepardson WASHINGTON (Reuters) -The top Democrat on the House of Representatives Appropriations Committee said on Friday that Republicans in Congress were protecting Elon Musk’s Chinese investments by scrapping provisions restricting U.S. investments. Representative Rosa DeLauro said in a letter that Musk, CEO of electric car maker Tesla, may have upended the government funding …
House Democrat says Republicans protecting Elon Musk’s Chinese investments Read More »
(Reuters) -Venture Global, one of the largest producers of liquefied natural gas in the United States, on Friday filed for what could be one of the largest initial public offerings globally next year. The LNG producer plans to list its Class A common shares under the symbol “VG” on NYSE, the company’s filing showed. In …
LNG producer Venture Global files for IPO on NYSE Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The messy process of trying to avert a U.S. government shutdown offers investors a glimpse into challenges the incoming Trump administration will face in implementing its agenda, adding a market concern for the coming year. While the showdown has so far not rattled markets, investors said it …
US government shutdown showdown creates another investor worry Read More »
(Reuters) -Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). The TPMS warning light may not remain illuminated between drive cycles, failing to warn the driver of low tire pressure, according to a recall acknowledgement notice. The problem could result in …
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue Read More »
(Reuters) – Wells Fargo has withdrawn from a group of global banks committed to curbing greenhouse gas emissions, increasing the number of high-profile firms exiting climate initiatives amid mounting political pressure. The bank has ended its membership in the Net-Zero Banking Alliance, a spokesperson said on Friday, two weeks after another notable exit by Goldman …
Wells Fargo departs climate banking group in another high-profile exit after Goldman Read More »
