New York CNN — Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another…
Tag: Business
Tesla’s share of the EV market is dropping in the US
Tesla’s share of the US market for electric vehicles has been comfortably north of 60% since 2018. But its lead has been slipping. Though still the dominant player, Tesla’s market share is…
‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment
The flood of Big tech layoffs has again upended the dynamic between employers and employees, workers and executives say, leading to prolonged job searches and widespread fear and anxiety among many in…
3M to Cut Jobs as Demand for Its Products Weakens
3M Co. said it is cutting 2,500 manufacturing jobs globally as the company confronts turbulence in overseas markets and weakening consumer demand. The maker of Scotch tape, Post-it Notes and thousands of…
Walmart to Raise Starting Hourly Wages to $14 From $12
Walmart Inc. WMT 0.41% said it is raising wages for its U.S. hourly workers as the retailer continues to fight to attract staff in a tight labor market for front-line workers. Starting…
U.S business activity downturn eases slightly; euro zone back to growth
U.S. business activity better than expected, but remains soft Euro zone posts surprise return to modest growth Britain PMI falls at fastest rate in two years, surveys show NEW YORK/LONDON Jan 24…