UAW says Chrysler-parent Stellantis seeking concessions in talks
The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks including cuts to existing medical coverage.
The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks including cuts to existing medical coverage.
U.S. wholesale inventories fell more than initially estimated in June, which could have implications for the second-quarter gross domestic product estimate.
Shares of Sage Therapeutics slumped to a record low on Monday after the U.S. health regulator approved the company and partner Biogen's pill for postpartum depression, but rejected it as a treatment for major depressive disorder.
(Reuters) -Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may be at the stage where it can leave interest rates where they are, Philadelphia Fed President Patrick Harker said on Tuesday.
(Reuters) -Tyson Foods missed Wall Street expectations for third-quarter revenue and profit on Monday, hurt by falling chicken and pork prices as well as slowing demand for its beef products.
CHICAGO (Reuters) -Tyson Foods is shutting four more chicken plants - in Arkansas, Indiana and Missouri - to cut costs, a blow to small communities in the U.S. heartland that depend on the meatpacker for nearly 3,000 jobs.
Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency.