EXCLUSIVE: Major international arts and entertainment unions, employers, bodies and governments have agreed on their first framework for a decade to improve workers’ rights after a week of tough negotiations in Europe. The high-level technical meeting, which took place February 13-17 at the International Labour Organization (ILO) in Geneva, Switzerland, was […]
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. tumbled by much more than expected in the month of January. The Commerce Department said housing starts dove by 4.5 percent to an annual rate of 1.309 million in January after plunging by 3.4 […]
After an initial move to the downside, stocks regained ground over the course of the trading session on Wednesday. The major averages climbed well off their worst levels of the day and eventually closed in positive territory. The major averages all finished the day higher, with the tech-heavy Nasdaq leading […]
Tesla Inc. workers at the Gigafactory in Buffalo, New York are launching a campaign to form a union, seeking better pay and job security, Bloomberg reported. The employees reportedly sent an email to Chief Executive Officer Elon Musk with their intent to unionize, which would be a first for the […]
vTata Steel has a very British problem. The performance of Europe dragged the steel major’s October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion […]
The incoming Warner Bros. Discovery (WBD)/ BT Group UK sports streaming JV will be named TNT Sports, the U.S. media giant has revealed. When the streamer, which brings together BT Sport with WBD-owned Eurosport, launches later this year, the BT Sport name will no longer be used. TNT Sports will […]
The UK private sector expanded for the first time since July 2022, and at the fastest pace in eight months in February, amid the improving customer demand and business confidence as inflation and supply shortage concerns cooled, results of the closely watched purchasing managers’ survey by S&P Global revealed Tuesday. […]
After ending the previous session sharply higher, stocks are likely to see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent. The upward momentum on Wall Street comes following […]
The U.S. job market is about to enter an era of unprecedented change that could impact tens of millions of workers. As robotics and artificial intelligence technologies continue to advance, companies will be able to leverage new, cost effective tools to create and deliver their products to the market, while […]
The U.S. Consumer Product Safety Commission announced recalls of thousands of children’s nightgowns and pajamas citing burn risks. Lehi, Utah-based Betsy & Lace LLC is recalling about 90,550 units of children’s nightgowns, and Dothan, Alabama -based Oaks Apparel Co. LLC about 320 units of nightgowns. Further, New York-based Hatley USA […]
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