Union of striking machinists endorses Boeing proposal; workers vote set for Monday
Striking Boeing machinists are set to vote Monday on a new contract, taking a step toward ending the weekslong workstopage. File Photo by Bill Greenblatt/UPI…
UK’s Labour government raises taxes by 40bn pounds in first budget | Business and Economy News
Finance minister Rachel Reeves has said the tax hike will be used to fund public services and bolster public finances.British Chancellor of the Exchequer Rachel…
ADP: Private sector created 233,000 jobs in October, surpassing expectations
Private companies added 233,000 jobs to the economy in October for their best showing in more than a year as it blew by Wall Street…
For Taiwan’s crucial chip industry, both Trump and Harris bring risks | Business and Economy
Taipei, Taiwan – For engineers working in Taiwan’s semiconductor industry, the past few years have been difficult. The United States’s efforts to curb the growing…
Britain sanctions Putin-linked figures, Russian PR agencies for ‘destabilizing’ Ukrainian democracy
Monday’s sanctions “send a clear message,” British Foreign Secretary David Lammy said in a statement released by the Foreign Commonwealth and Development Office. “We will…
Togo: Open For Business | Global Finance Magazine
Despite security threats and political unrest, tiny Togo is attracting outsize interest from foreign investors. A small West African country that is one of the…
TGI Fridays bankruptcy rumors persist as chain closes 50 stores
The restaurant chain TGI Friday shuttered nearly 50 spots throughout the country during the past week as concerns grow about the the company's possible bankruptcy.…
Volkswagen pitches closure of three plants, layoffs
Volkswagen told its work council on Monday that the company is contemplating closing three plants in Germany and reducing its workforce in other locations. Source…
The Business of Managing An Educational Institution of Higher Learning: Basic Approach, Control and Principles
In this wide-ranging interview, Associate Professor Elisée Byelongo Isheloke, Rector/Vice Chancellor of Université Espoir du Congo (UEC), narrates his experiences of managing an educational institution…
Lebanon added to money laundering ‘grey list’ | Business and Economy News
Global watchdog adds Lebanon to its list of nations subject to increased monitoring of financial transactions.A global anti-money laundering watchdog has added Lebanon to its…
Britain’s heavily indebted Thames Water secures $3.9B loan to keep it afloat through October 2025
Thames Water, Britain's largest water utility, announced Friday it had secured a $3.9 billion lifeline, access to cash reserves and extensions on its liabilities to…
Bullying and harassments claims surge in UK’s financial sector | Business and Economy
Reports of non-financial misconduct rose 72 percent between 2021 and 2023, according to survey by financial regulator.Allegations of bullying, discrimination and other non-financial misconduct in…
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached a deal with activist investor group Elliot Investment Management that avoids a proxy fight. Under the deal CEO Bob Jordan (L)…
Video: Inside Russia’s major BRICS summit with global leaders | Business and Economy
NewsFeedRussia is hosting a major summit of the BRICS countries and other nations that want to engage with the bloc, which is now worth more…
Major fund to boost women in business snubbed by big banks despite Chancellor Rachel Reeves calls for greater support
A £250MILLION fund set up to boost women in business and backed by the Chancellor Rachel Reeves has been snubbed by City institutions.Only Barclays, asset…
Tesla reports better than expected profit, sending shares higher | Business and Economy
Texas-based company reports $2.2bn profit for July to September, after back-to-back disappointing quarters.Tesla has posted a forecasting-beating profit in the third quarter, breaking a recent…
Can BRICS reshape the financial world order? | Business and Economy
BRICS’s first summit since its expansion in 2023 discussed proposals to reduce reliance on US dollar and SWIFT system.BRICS has almost doubled in size in…
Boeing Machinists reject deal to end nearly six-week strike
Striking Boeing Machinists voted Wednesday night to reject a tentative deal with the struggling aerospace giant and continue its nearly six-week strike. The 33,000 union…
McDonald’s shares tumble on E coli even as US head vows to improve safety | Business and Economy News
McDonald’s shares were on track for their worst day since March 2020 on Wednesday, as the fast-food giant scrambled to limit the damage from an…
Tokyo Metro shares soar in Japan’s biggest IPO since 2018 | Business and Economy
Japanese subway operator’s shares soar as much as 47 percent in biggest listing since 2018.The main operator of Tokyo’s sprawling subway network has made a…