Tag: labor

Boeing is making a new offer to the union in hopes of ending a strike now in its second month

Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a...

Mail carriers reach tentative contract with USPS that includes pay raises and air-conditioned trucks

Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise...

Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans

ROME -- Workers in Italy’s troubled automotive sector are holding a national strike on Friday for the first time in 20 years, with...

Stock market today: Asian shares gain as China releases plan for market support

BANGKOK -- Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies...

PPG will lay off 1,800 employees as paints and coatings maker aims to cut costs

NEW YORK -- PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker...

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”Meta says...