Reuters US Business

(Reuters) – Here is a side-by-side comparison of the key elements of three Boeing contract deals for U.S. West Coast factory workers that have gone to votes since September, according to details provided by the company and the union. The latest offer was approved by union members on Monday, ending a seven-week strike. OFFER APPROVED …

Factbox-The contract striking Boeing workers approved after rejecting earlier deals Read More »

SYDNEY, Nov 5 (Reuters) – Australia’s central bank said on Tuesday underlying inflation was expected to slow gradually as it revised up its outlook for employment gains, while trimming forecasts for economic growth as consumers remained reluctant to spend. In its quarterly Statement on Monetary Policy, released simultaneously as its interest rate decision, the Reserve …

Australia central bank sees inflation still sticky, job growth strong Read More »

By Lucy Craymer and Renju Jose WELLINGTON (Reuters) – New Zealand’s central bank painted a bleak economic picture on Tuesday, citing rising unemployment and delayed business investment plans due to financial hardships. The Reserve Bank of New Zealand’s (RBNZ) semi-annual Financial Stability Report said weakness in domestic economic activity had become more pronounced and a …

New Zealand central bank paints grim economic outlook Read More »

(Reuters) – Domino’s Pizza Enterprises, the franchise’s biggest operator outside of the U.S., said Tuesday its longstanding CEO was stepping down after more than two decades at the helm during which the franchise grew into a multi-billion dollar business. Shares of the Australia-listed company were volatile in early hours, oscillating between a drop of 6% …

Domino’s Australia franchise’s long-serving CEO steps down, shares drop Read More »

(Reuters) – Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter. OpenAI and a representative for the California Attorney General did not immediately respond to Reuters’ …

OpenAI in talks with California to become for-profit company, Bloomberg News reports Read More »