Union says employees at Canada's 2 major railroads will return to work, but lawsuit planned to challenge order
TORONTO (AP) — Union says employees at Canada's 2 major railroads will return to work, but lawsuit planned to challenge order.
TORONTO (AP) — Union says employees at Canada's 2 major railroads will return to work, but lawsuit planned to challenge order.
Aussie jobseekers are being warned not to make this mistake, after one Melbourne woman found herself unemployed.
The Aussie builder said his back injuries had taken their toll on his business, as well as his family life.
Campbell is ready to drop the soup — at least from its official name. The 155-year-old food seller, which is most famous for its namesake canned soups, says it would now like to be known as Campbell's Co. Campbell hasn't been exclusive to the soup business for some time.
The EU's top court has confirmed a $4 billion fine for Google for unfairly directing visitors to its own shopping service to the detriment of competitors.
Working hard at your job and being loyal to your employer is commendable. However, staying at the same job for too long can stunt career growth and set you back. Check Out: I Made $10,000 Using One of...
Changes to bank regulations proposals could impact the way some of the largest banks in the world do business
As sales of electric vehicles miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives. The scheme helped lure investment of more than $1.44 billion in new production facilities from Chinese EV car makers, such as BYD Motors and Great Wall Motor, making Thailand a regional hub in turning out electric vehicles (EVs). But as sales falter, partly because Thai banks have tightened loan requirements, the Electric Vehicle Association of Thailand (EVAT) is asking the government for more time to meet targets in the main incentive scheme supporting the industry.
(Bloomberg) -- Boeing Co.’s quality control monitors must turn solidly green before US aviation safety regulators will be convinced the planemaker can support higher production rates and exit output limits imposed on its 737 Max jetliner. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025After a Record Hot Summer, Pressure Grows for A/C MandatesUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRo
Amazon (AMZN) Web Services (AWS) has entered the semiconductor market, developing its own chips to train AI models in competition with industry leaders like Nvidia (NVDA). At the 2024 Goldman Sachs Communacopia and Technology Conference, Yahoo Finance reporter Madison Mills interviewed AWS CEO Matt Garman to break down AWS's chip strategy. Garman acknowledges Nvidia's strong market position, calling it "a great platform" with a large customer base. However, he emphasizes that the chip market is vast, with "potential for multiple options," stressing the importance of customer choice. AWS's semiconductors, Inferentia and Trainium, are "specifically built for AI inference," Selipsky explains. These chips offer particular value for small-scale inference tasks, helping customers reduce costs. He also notes that AWS is working on improving these chips to train large language models. "We think that there's this really large market segment and there's room enough for customers to be using the best product for the use case for a long time," Selipsky told Yahoo Finance. Although he expressed support for other chipmakers, stating that AWS does not expect to become "fully reliant" on its own chips. Catch Yahoo Finance's full interview with Matt Garman here. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group said Wednesday. With “business confidence now at an all-time low” over lagging domestic demand and overcapacity in certain industries, the annual European Business in China Position Paper called on China to open its economy and allow a more free market to determine resource allocation. Profit margins in China are at or below the global average for two-thirds of the companies surveyed earlier in the year, according to the paper published Wednesday by the European Chamber of Commerce in China.
We recently compiled a list of the 10 Best Discount Retailer Stocks to Buy. In this article, we will look at where Costco Wholesale Corporation (COST) stands against other discount retailer stocks to buy. Overview of the Discount Retail Sector With half a decade of geopolitical chaos, recession in Europe, and above-target inflation, the US […]
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Perhaps you participate in a 401(k) retirement plan or own an IRA. These popular accounts weren't around before a key law was enacted 50 years ago.
With the summer travel season winding down, gas prices are starting to slip. GasBuddy head of petroleum analysis Patrick De Haan expects the national average gas price to fall below $3, driven primarily by seasonal factors, saying "Americans just don't drive as much in fall." He also notes that the switch to cheaper winter gasoline and the decline in oil prices (CL=F) will help send prices lower too. What could change that trajectory? Tropical storm Francine and other potential storms or hurricanes could pose a risk, De Haan says, adding geopolitical risk as another potential upward catalyst. Watch the video above to find out where De Haan says prices in the US are highest and lowest. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich.
(Bloomberg) -- Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025World's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusAfter a Record Hot Summer, Pressure Grows for A/C MandatesChina’s exports unexpectedly accelerated in August, reaching their highest value in nearly two years and providing a rare boost to an economy weighed down by deflatio
After the Department of Justice (DOJ) kicked off its argument that Alphabet (GOOG, GOOGL) holds an illegal monopoly over the online advertising market, Yahoo Finance legal reporter Alexis Keenan joined Julie Hyman and Josh Lipton on Market Domination to outline what happened the first day in court. The antitrust case is "about online advertising, but if you ask the DOJ and you ask Google, 'What is this market?' they don't agree at all," Keenan said. The DOJ argued that the ad tech market comprises a group of niche markets. It called executives from publishing, advertising, and exchange companies as witnesses to bolster its claims that the ad tech market is made up of niche subsections. On the other hand, Google says that all online advertising, including streaming, social media, and others, is one big market. This argument could allow Google to name Meta Platforms (META), Amazon (AMZN), and Microsoft (MSFT), among other big tech companies, as competitors in the space, making it easier to say there is competition within the space. "It's going to be a tough argument for Google," Keenan said, noting that "the bottom line here is harm to consumers; that's what the judge cares about." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.5 million vehicles worldwide. Munich-based BMW Group said Tuesday that actions related to addressing a faulty integrated braking system, made by a supplier for the company, would reach “a high three-digit million (euro) amount” for the third quarter. A spokesperson for BMW Group, which also owns Rolls-Royce and Mini brands, confirmed to The Associated Press via email that the company first identified the issue during an internal quality check.
BEIJING (Reuters) -China's exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while imports disappointed amid weak domestic demand. The mixed trade data highlights the challenge facing Beijing as policymakers try to bolster overall growth without becoming too reliant on exports, especially given the tightening of consumers' purse strings. China's economy has failed to fire over the past year amid a prolonged property sector downturn, and a survey last week showed exports in the doldrums and factory gate prices at their worst in 14 months, pointing to producers slashing prices to find buyers.
Rayan Adam, a 65-year-old sales associate living in New Rochelle, New York, will be retiring later this year. Though he doesn't make six figures, he's saved around half a million for retirement and...
If you're nearing retirement age, you may be wondering if you'll have enough money to live comfortably. With inflation and higher prices hurting many couples in the United States, you may be even more...