General Motors opens contract talks with the UAW with plant closings looming large

General Motors opens contract talks with the UAW with plant closings looming large

DETROIT (WXYZ) — While the traditional ceremonial handshake was underway inside the Ren Cen, outside about 100 workers from GM plants that are closing were protesting. The word GM used to close the plants when they were announced last November …
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United Airlines posts higher profits and buys used Boeing 737s as Max grounding drags on

Strong travel demand pushed United Airlines Holdings second-quarter profit up more than 50% from a year ago, despite continued challenges from the grounding of the Boeing 737 Max. United did not break out how the grounding, now in its fifth month, …
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US Justice Department asks appeals court to pause antitrust ruling against Qualcomm

(Reuters) – The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy Department and Defense Department.
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Jet Airways lenders to set rules this week to weed out casual bidders

Lenders to Jet Airways will vote this week to decide who all can bid for the bankrupt airline, as they don’t want any frivolous players in the race, the committee of creditors (CoC) discussed in its first meeting on Tuesday. E-voting should be over by Thursday or …
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New Inequality Numbers Are a Gift to Campaign Sloganeers

Studying wealth and income inequality has long been the stomping grounds of economists with the time and willingness to dig into 19th-century tax
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