By Allison Lampert SEATTLE (Reuters) -Boeing’s financial and production challenges following a January mid-air panel blowout will not change its workers’ readiness to strike to make gains in bargaining, a union local president said on Thursday. The International Association of Machinists and Aerospace Workers (IAM), which represents more than 30,000 Washington state workers building Boeing […]
Do you have that one pesky room upstairs that’s starved for a decent Wi-Fi signal? We’ve all been there. Whether it’s a guest bedroom or a master bath, it can be a drag when you can’t get your latest binge-watching obsession wherever you want it. Here’s help: The wildly popular TP-Link Wi-Fi Extender is on […]
By Shivansh Tiwary (Reuters) -Southwest Airlines flagged ongoing struggles with pricing in its second quarter on Wednesday, despite expectations for record summer travel demand in the United States. The low-cost carrier lowered its expectations for revenue per available seat miles (RASM) – a key proxy for pricing power – even though it expects record revenue […]
Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years. CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s stores, which he said were underperforming. The drugstore chain currently runs more than […]
LONDON — Calling an early election while struggling in the polls was a gamble for British Prime Minister Rishi Sunak. For some at the top of his ruling Conservative Party, it was also allegedly an opportunity to place a bet of their own. An investigation into bets placed on the timing of the snap vote […]
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) – Nissan Motor has halted production at its Changzhou plant in China as it seeks to optimise its operations, the Japanese automaker said on Friday. The Changzhou plant, jointly operated with Nissan’s local partner Dongfeng Motor, was producing the Qashqai SUV with annual capacity of about 130,000 […]
(Bloomberg) — The European Union is set to admonish France for breaking the bloc’s deficit and debt rules, triggering a process that can lead to onerous fines and complicating campaign priorities less than two weeks before voting starts in legislative elections. Most Read from Bloomberg The EU rules include strict measures for nations with debt […]
Daytona Beach News-Journal reporter Eileen Zaffiro-Kean has been writing for the paper for more than two decades. In today’s Sunday feature, she tackles a complex and controversial topic: How do we fix Daytona’s beachside? More: ‘We’ve gone to the bottom’: Does Daytona’s party-central image scare off investors? It was an assignment, she is well-equipped to […]
By Rodrigo Campos NEW YORK (Reuters) – Ukraine has suffered a setback in its quest to complete the outline of a debt restructuring before the end-of-August expiry of a two-year payment freeze agreed by private holders of near $20 billion in outstanding international bonds. The government announced on Monday it had not reached agreement with […]
Labour is on course for a 262-seat majority in the upcoming UK general election, analysis by pollster Survation has suggested. The analysis and modelling based on more than 40,000 surveys indicates Labour is ahead in 456 seats, with the Tories in first place with just 72. Meanwhile, a voting intention poll by Savanta also contained […]
Florida teachers will see an increase in salaries for the 2024-25 school year, but the money came with a message. At a press conference in Hialeah on Monday, Gov. Ron DeSantis announced he would approve $1.25 billion in the state budget for teacher pay, saying that he didn’t “want it to go to the head […]
(Bloomberg) — Fresh allegations that a longtime Toronto-Dominion Bank branch worker in Florida took a series of $200 bribes to help clients move millions to Colombia by skirting anti-money-laundering defenses are adding to the lender’s mushrooming US legal problems. Most Read from Bloomberg Gerry Aquino Vargas, the now-former retail banker in a Hollywood, Florida, outpost […]