(Reuters) -Amazon.com accused the new union at a New York City warehouse of threatening workers unless they voted to organize, an assertion an attorney for the labor group called “really absurd.” A second labor group, the Retail, Wholesale and Department Store Union (RWDSU), which was losing a bid to organize an Amazon warehouse in Alabama, …
Amazon objecting to union’s victory in New York, alleging interference Read More »
WASHINGTON (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) on Thursday said the thousands of banks it supervises should notify the regulator of any crypto-related activities they have or are planning. Citing potential systemic risks from certain crypto assets and activities, the FDIC said any firm considering dabbling in crypto should tell the agency …
U.S. FDIC asks banks for info on crypto activities, cites potential ‘systemic risks’ Read More »
By David Morgan (Reuters) – President Joe Biden’s nominees to the Federal Reserve moved a step closer to confirmation Thursday after U.S. Senate Majority Leader Chuck Schumer entered procedural motions for two of them, setting up for a potential vote after lawmakers return from Easter Break on April 25. The filing of the motions on …
U.S. Fed nominees move a step closer to confirmation Read More »
By Tim Hepher LONDON (Reuters) -Qatar Airways and Airbus clashed in court on Thursday over the fate of billions of dollars of jet orders as their 25-year partnership unravelled in scenes resembling a corporate divorce trial. The two sides have been locked for months in a dispute over damaged lightning protection within the painted skin …
Qatar Airways, Airbus feud over safety in rare court clash Read More »
(Reuters) -As expectations rise that the U.S. Federal Reserve will step up its efforts to contain inflation with bigger interest rate hikes, Chicago Fed President Charles Evans and Atlanta Fed President Raphael Bostic on Thursday provided a somewhat dovish counterpoint. “It’s time that we get off of our emergency stance — I think it’s really …
Fed’s Bostic, Evans back rate rises with dovish overtones Read More »
By Bansari Mayur Kamdar and Noel Randewich (Reuters) – The S&P 500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve. Tesla Inc rose 1.2% and Microsoft Corp added 0.6%, helping lift the S&P 500 and provide the …
By Lisa Baertlein and Arriana McLymore LOS ANGELES (Reuters) – Walmart said it is boosting starting pay for its 12,000 long-haul truck drivers who deliver merchandise to its stores and Sam’s Clubs locations amid a U.S. shortage of drivers that threatens to prolong supply chain snarls and merchandise shortages. Qualified drivers — who tend to …
Walmart boosts industry-leading U.S. trucker pay to $110,000, starts retraining program Read More »
By David Lawder WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow’s “war machine” of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding, Russian energy exports, will take time, U.S. Deputy Treasury Secretary Wally Adeyemo told Reuters on Thursday. The United …
How the U.S. plans to starve Russia’s ‘war machine’ -Treasury’s Adeyemo to Reuters Read More »
(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow trade on Thursday to levels last seen before Russia sent tens of thousands of soldiers to Ukraine. The appreciation of the rouble “impacts oil and …
Russia says rouble appreciations poses no threat to fiscal policy Read More »
(Reuters) – The Russian rouble firmed sharply in Moscow trade on Thursday to levels last seen before Russia sent tens of thousands of soliders to Ukraine, while stocks indexes jumped higher, shrugging off a new round of sweeping western sanctions. At 0724 GMT, the rouble was 5.8% higher at 75.30 against the dollar after briefly …
Rouble rallies on Moscow Exchange, stocks up after new sanctions Read More »
