(Reuters) -The workers’ union representing more than 10,000 Starbucks baristas said they have authorized a potential strike, ahead of this year’s final round of bargaining talks with the coffee giant on Tuesday. Workers United, which has a bargaining delegation that represents workers at 525 Starbucks stores in the United States, said the coffee giant has …
Starbucks workers’ union authorizes potential US strike Read More »
By Manas Mishra, Michael Erman (Reuters) -Pfizer on Tuesday said it does not expect the Trump administration to make major changes to vaccine policy next year even as the president-elect has put forward vaccine skeptic Robert F. Kennedy Jr. as his nominee to run the Department of Health and Human Services. Pfizer CEO Albert Bourla …
Pfizer does not expect major vaccine policy changes under Trump in 2025 Read More »
By Niket Nishant and Manya Saini (Reuters) – Retail investors poured nearly $11 million into MicroStrategy’s shares on Monday, almost three times their average daily inflows this year, after the biggest corporate holder of bitcoin secured a spot in the Nasdaq-100 index. The data, compiled by Vanda Research on Tuesday, highlights the bitcoin bull’s growing …
MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in the economy as the year winds down. The report from the Commerce Department on Tuesday had no impact on expectations that the Federal Reserve …
US retail sales showcase economy’s enduring strength Read More »
WASHINGTON (Reuters) – The U.S. Department of Energy has zeroed in on three regions of the country it has determined are in major need of new electric transmission infrastructure and eligible for future federal funding, it announced on Monday. The DOE selected Lake Erie-Canada, including parts of Lake Erie and Pennsylvania; the Southwestern Grid Connector, …
US Energy Department identifies three priority regions for electric transmission boost Read More »
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission passed a rule on Tuesday requiring ticket sellers, hotels and vacation rental sites to disclose total prices, including fees upfront, prohibiting them from concealing add-on charges until the last minute. The rule is one of the final pieces of President Joe Biden’s wide-ranging crackdown on junk …
FTC bans hidden junk fees in hotel, event ticket prices Read More »
(Reuters) – The U.S. watchdog agency for consumer finance on Tuesday finalized new regulations it said would protect home improvement borrowers who finance solar panels and other purchases through their property taxes, the agency said. The announcement from the U.S. Consumer Financial Protection Bureau came amid continued Republican demands from Capitol Hill that President Joe …
US watchdog finalizes new rule on solar panel, home equity loans Read More »
WASHINGTON (Reuters) – U.S. business inventories edged up in October as modest increases in stocks at retailers and wholesalers were partially offset by a decline at manufacturers. Inventories rose 0.1% after being unchanged in September, the Commerce Department’s Census Bureau said on Tuesday. The gain in inventories, a key component of gross domestic product, was …
WASHINGTON (Reuters) – U.S. manufacturing production rebounded less than expected in November as the boost from motor vehicle output was partially offset by persistent weakness in the aerospace industry, despite the end of a crippling strike by factory workers at Boeing. Factory output increased 0.2% last month after a downwardly revised 0.7% decline in October, …
US manufacturing output rebounds less than expected in November Read More »
By Promit Mukherjee and Ismail Shakil OTTAWA (Reuters) -Canada’s annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday. Analysts polled by Reuters had forecast that inflation would hold steady at …
Canada’s inflation rate ticks down to 1.9% in November Read More »
