Tennessee Gov. Bill Haslam argues that his state is best for business due to sound fiscal strength and investments.» Read More
*U.S. to sell $21 billion in 10- year notes. "It's a little bit of a retracement from yesterday's sharp move," said Sean Murphy, a Treasuries trader at Societe Generale in New York. While the Fed renewed its pledge to keep rates near zero for a "considerable time" after its massive bond-buying program ends, the minutes could show more Fed officials arguing for a hawkish...
Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. "What happens here is important to the future of the labor movement," said UAW president Dennis Williams, who swore in the initial members of...
Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. The American union's efforts at the plant will be similar to a strategy it employed for the Volkswagen AG plant in Chattanooga, Tennessee,...
The investigation revealed that Marriott employees had disabled wi-fi networks established by consumers in the conference facilities, "while at the same time charging consumers, small businesses, and exhibitors as much as $1,000 per device to access Marriott's Wi-Fi network," the FCC said in a statement. The interference and disabling of wi-fi networks was...
DETROIT, Oct 2- The United Auto Workers and two German labor groups will announce on Friday plans to work together to organize Daimler AG's Mercedes-Benz plant workers in Alabama, sources close to one of the German labor groups said on Thursday. The goal is for the UAW to eventually represent Daimler workers in Alabama in negotiations with the luxury automaker.
The site, already partly occupied by warehouses and distribution facilities for Wal-Mart, Amazon and Federal Express, is where Elon Musk's electric car maker Tesla Motors plans a factory to make batteries, helped by more than $1 billion of incentives provided by Nevada. For Gilman, this dry, desolate slice of Storey County is where the old Nevada, symbolized by...
WASHINGTON, Oct 1- Two state Republican parties filed an appeal on Wednesday after a lower court dismissed their complaint against a U.S. Securities and Exchange Commission rule that restricts campaign contributions by asset managers.
*Weak Asia, Europe data adds bid for German, U.S. debt. NEW YORK, Oct 1- U.S. Treasuries prices rose on Wednesday after U.S. manufacturing growth unexpectedly slowed, adding to earlier gains seen after worsening factory activity in Europe and Asia increased concerns about faltering global growth.
*Weak Asia, Europe data adds bid for German, US debt. NEW YORK, Oct 1- U.S. Treasuries prices rose on Wednesday after U.S. manufacturing growth unexpectedly slowed, adding to earlier concerns about faltering global growth after Europe and Asia saw worsening factory activity.
FRANKFURT/ NEW YORK- Officials from Pimco and its German parent Allianz scramble to contain the fallout from star bond manager Bill Gross' stunning exit last week, and money continues to leave the firm, giving a huge boost to rival bond houses like DoubleLine, which saw record inflows. Canada's Encana to buy Athlon Energy for $5.93 bln.
DETROIT, Sept 29- The United Auto Workers union and two top German labor groups have signed a letter of intent to jointly organize the Volkswagen AG assembly plant in Chattanooga, Tennessee, a top UAW official said on Monday.
DETROIT, Sept 29- The United Auto Workers union and two top German labor groups have signed a letter of intent to jointly organize the Volkswagen AG assembly plant in Chattanooga, Tennessee, a newspaper reported late on Sunday.
Sept 29- Department store operator Macy's Inc said it planned to hire about 86,000 workers for the holiday shopping season, up from about 83,000 last year.
*Pimco CIO Bill Gross joins Janus Capital. Treasuries prices dipped Friday on news that Pimco Chief Investment Officer Bill Gross is joining rival Janus Capital Group, which spurred concerns Pimco may have to sell Treasuries if investor redemptions at the firm increase.
FRANKFURT/ DETROIT, Sept 26- Daimler's works council boss will travel to the carmaker's factory in Alabama, United States, to explore possibilities for improving worker representation at a plant that is a key target for the United Auto Workers union.
Sept 25- Advisory firms Glass, Lewis& Co and Institutional Shareholder Services each have recommended that Darden Restaurants Inc investors back Starboard Value LP's 12- director slate, which would oust the embattled company's full board.
NEW YORK, Sept 25- Long-dated U.S. The Commerce Department said durable goods orders, for items ranging from toasters to aircraft that are meant to last three years or more, dropped 18.2 percent in August, the largest decline since the series started in 1992..
WASHINGTON, Sept 23- Backers of the U.S. Export-Import Bank may push again for a long-term extension of its charter as early as November after a nine-month renewal left the bank's future undecided.
VANCOUVER, Sept 17- Workers at a FedEx Corp warehouse in western Canada have successfully unionized, the first employees besides pilots at the package delivery company to organize in North America, a local Teamsters union said on Wednesday.
According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.