FedEx pilots reject 30% pay hike proposal, but a strike isn't imminent
Pilots for FedEx have rejected a tentative labor deal. But that doesn't mean they're about to walk off the job just as UPS is threatened with its own strike by 340,000 drivers and other hourly ground workers.
2023-07-25 05:47
SoftBank forms JV with Symbotic to build AI-powered warehouses, up its stake
By Zaheer Kachwala and Krystal Hu (Reuters) -SoftBank Group is forming a joint venture with warehouse automation company Symbotic to
2023-07-25 04:16
FedEx pilots reject tentative deal, supervised talks likely
FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will
2023-07-25 01:49
Tesla Looks Abroad to Keep Growth Going as US Revenue Plateaus
Fresh off weeks in which it started taking orders in Malaysia and exhibited at a motorsports festival in
2023-07-25 01:45
Chevron Considers Lithium Production in Latest EV Bet by Big Oil
Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, Chief Executive
2023-07-24 23:26
Germany Readies €20 Billion in Aid to Bolster Chip Output
Chancellor Olaf Scholz’s government plans to dole out €20 billion ($22 billion) to bolster semiconductor manufacturing in Germany
2023-07-24 20:49
Spotify is hiking its prices
Spotify is the latest streaming service to hike its prices.
2023-07-24 19:54
Spotify raises prices for its premium plans in the US
Spotify Technology said on Monday it was raising the prices for its premium plans by $1 each in
2023-07-24 19:45
China Holds Off on Major Stimulus as It Signals Property Easing
China’s top leaders signaled more support for the troubled real estate sector alongside pledges to boost consumption and
2023-07-24 19:29
Ghana Set to Hold Rates on Inflation Expectations, Budget
Ghana’s central bank is poised to look past a recent quickening in inflation and keep interest rates on
2023-07-24 18:26
UK Private Sector Output Grows at Slowest Pace in Six Months
British companies reported their slowest growth in six months as new orders stalled and upward pressure on prices
2023-07-24 17:15
Euro-Zone Private Sector Contracts in Dire Start to Quarter
The euro-area private-sector economy contracted more than anticipated in July, with order inflows and output expectations pointing to
2023-07-24 16:24