Business

BELLEVILLE, Michigan, Sept 26 (Reuters) – President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a “lot more” than they are getting.Biden’s appearance, the first visit by a U.S. president to striking workers in modern history, comes a… […]

[1/4]Ford Motor Company Chief Executive Bill Ford announces Ford will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan U.S., February 13, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 25 (Reuters) – Ford Motor (F.N) said on Monday it has paused work… […]

Sept 25 (Reuters) – Sea ice that packs the ocean around Antarctica hit record low levels this winter, the U.S. National Snow and Ice Data Center (NSIDC) said on Monday, adding to scientists’ fears that the impact of climate change at the southern pole is ramping up.Researchers warn the shift can have dire consequences for… […]

April 18 (Reuters) – Netflix Inc (NFLX.O) beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast on Tuesday, demonstrating the challenges the mature streaming service faces in its pursuit of growth.The company said it shifted a wider launch of a plan to crack down on unsanctioned password sharing into the… […]

[1/2] He Xiaopeng, the co-founder, chairman and CEO of XPeng Motors attends a news conference ahead of the Shanghai Auto Show, in Shanghai, China April 16, 2023. REUTERS/Aly SongApril 18 (Reuters) – Chinese electric vehicle maker Xpeng Inc (9868.HK) is the latest manufacturer hoping to save money and speed development and production by shifting to a… […]

NEW YORK, April 18 (Reuters) – Burger King is banking on its viral “Whopper Whopper” jingle to lift sales as part of the flagging fast-food chain’s turnaround plan, as broader economic uncertainty pushed two big franchisees into bankruptcy.The ad, which aired incessantly during National Football League playoffs in January, has drawn younger customers to its… […]

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsFive banks aim to apply share rules more consistentlyInterpretations can leave positions under-reportedLONDON, Sept 25 (Reuters) – Goldman Sachs and HSBC (HSBA.L)… […]

Sept 24 (Reuters) – Ford Motor (F.N) said on Sunday that despite progress in some areas, it still has “significant gaps to close” on key economic issues before it can reach a new labor agreement with the United Auto Workers union.The “issues are interconnected and must work within an overall agreement that supports our mutual… […]

Qantas steps up spending on ‘customer improvements’H1 fuel bill forecast jumps by A$200 mlnShares fall to one-year lowSYDNEY, Sept 25 (Reuters) – Australia’s biggest airline Qantas Airways (QAN.AX) said on Monday it will spend more than previously planned to improve “customer pain points” but warned spiralling fuel costs may force it to raise fares from… […]

Fuel nozzles are seen at a petrol station in Paris, France, September 18, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Sept 24 (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost price and would grant 100 euros ($106.52) in aid to the poorest workers… […]