Machinists Union President Rallies Striking Shipyard Workers
The international president of the Machinists union is encouraging striking workers at Navy shipbuilder Bath Iron Works to stay strong.
The international president of the Machinists union is encouraging striking workers at Navy shipbuilder Bath Iron Works to stay strong.
Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Apple’s Tim Cook — will answer for their companies’ practices before Congress.
The resurgence of the coronavirus has caused the number of Americans seeking unemployment benefits to rise for the first time in nearly four months.
The operator of Ann Taylor and Lane Bryant has filed for Chapter 11 bankruptcy, the latest retailer to do so during the pandemic.
Major airlines are reporting huge second-quarter losses and warning that the recovery in air travel seen in April has stalled as coronavirus cases surge in the U.S. American Airlines posted a loss of more than $2 billion, and Southwest Airlines lost $915 million.
Car and truck maker Daimler took a hit to earnings in the second quarter from the virus outbreak.
Tesla overcame a seven-week pandemic-related shutdown at its U.S. assembly plant to post a surprise $104 million net profit for the second quarter.
Stocks closed with solid gains on Wall Street Wednesday but only after a choppy day of trading that pulled indexes temporarily into the red.
Britain’s government says it will open a new special pathway to obtaining U.K. citizenship for up to 3 million eligible Hong Kongers as of January.
Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months.