By Steve Gorman LOS ANGELES (Reuters) -The labor coalition that staged a 72-hour strike by 75,000 healthcare workers against Kaiser Permanente last week is giving the company nearly three more weeks t[...]
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October 9, 2023
Wall Street advances as investors monitor Mideast conflict headlines
By Sinéad Carew and Shashwat Chauhan (Reuters) – Wall Street’s major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict be[...]
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UAW workers strike Mack Trucks after rejecting contract
By David Shepardson (Reuters) -Union workers at Volvo Group-owned Mack Trucks went on strike on Monday after overwhelmingly rejecting a proposed five-year contract, the United Auto Workers said, the l[...]
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Oil, gold jump on Middle East conflict; US stocks end higher
By Caroline Valetkevitch NEW YORK (Reuters) – Oil prices jumped more than 4%, gold gained and the safe-haven U.S. dollar edged up against the euro on Monday as military clashes between Israel an[...]
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Samsung Q3 profit set to slump 80% as chip losses persist
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing global chip glut drive losses in what is n[...]
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US automakers increase strike layoffs by more than 800
By David Shepardson (Reuters) – Chrysler-parent Stellantis said on Monday it is laying off another 570 workers and General Motors announced cuts of nearly 200 employee due to the United Auto Wor[...]
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Marketmind: All boats rise on safe-haven, Fed view
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are likely to open higher on Tuesday following a curious da[...]
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Oil prices surge on fears of Mideast conflict adding to supply tightness
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices surged 4% on Monday, recouping some of last week’s steep losses, as military clashes between Israel and the Palestinian Islamist group H[...]
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Activist Peltz wants ‘multiple’ seats at Disney, owns $2.5 billion stake in Mouse House
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz is planning a new board challenge at Walt Disney less than 10 months after the home of Mickey Mouse laid out plans[...]
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