OPEC and its allies, including Russia, said on Sunday they would leave their oil production quotas unchanged. The group, known as OPEC Plus, appeared to have decided on a conference call that there was no reason to change policy amid widespread uncertainty in the oil market. On Monday, the European Union will launch an embargo …
Amid oil market, OPEC and Russia leave output unchanged Read More »
Apple plans to move some of its production out of China after violent government protests delayed production at the company – as CEO Tim Cook eyes Vietnam and India as new hubs. The tech giant has accelerated its plans to exit Zhengzhou, China — home of iPhone City — in recent weeks, a source told …
Apple plans to LEAVE China as COVID protests delay product production Read More »
The New York Times building on October 26. Photo: Beata Zawrzel/NurPhoto via Getty Images More than 1,000 members of the New York Times union, which includes hundreds of newsroom staff, plan to walk off the job if company management does not agree to terms of a new contract. here on December 8, the union announced …
More than 1,000 NYT union members threaten to leave Read More »
President Joe Biden has signed a bill making a railroad strike illegal, preventing workers from leaving work weeks before the holiday season. “The bill I’m about to sign ends a difficult rail dispute and helps our country avoid what, no doubt, would have been an economic disaster at a very bad time in the calendar,” …
Biden signs bill averting railroad strike despite lack of paid sick leave Read More »
Despite signs of a slowing job market, Americans — especially younger people — continue to change jobs. According to a recent Prudential Pulse survey, about a third of millennials have changed jobs since the pandemic began. Among Gen Z workers, almost half have changed employers and 18% have experienced more than one job change during …
How to Decide Whether to Roll Over an Old 401(k) or Leave It Alone Read More »
hong kong CNN Business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to resign and leave the world’s largest iPhone assembly plant, in a bid to quell protests that have seen hundreds of clashes with security forces in central China compound. The Apple supplier made the offer on Wednesday following dramatic …
