By Bianca Flowers RACINE, Wis. (Reuters) -Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labor contract, the United Auto Workers union said. The union did not disclose how many workers at the two plants rejected the four-year …
CNH Industrial union workers at two U.S. plants reject proposed contract Read More »
MEXICO CITY (Reuters) -Mexico’s headline inflation ended 2022 slightly below analysts’ expectations, while core inflation finally appeared to have peaked, data from the national statistics agency showed on Monday. Annual headline inflation in December reached 7.82%, up moderately from 7.80% in November, but still below the record 8.70% reached in August and September. Meanwhile the …
Mexico inflation below forecasts in December, core inflation cools Read More »
(Reuters) -Israeli drugmaker Teva Pharmaceutical Industries Ltd said there was sufficient participation from U.S. states and local authorities to move forward with its nationwide settlement agreement to resolve opioid-related claims and litigation. Teva said on Monday it has either already settled with or confirmed participation from 48 of the 50 states and will continue to …
Teva says opioids settlement to move forward in U.S Read More »
SAO PAULO (Reuters) – Brazil’s currency on Monday weakened roughly 1% against the dollar in early spot trading after supporters of former President Jair Bolsonaro stormed the country’s capital a day earlier. Future contracts for the Bovespa benchmark stock index were down more than 1%, with the Sao Paulo stock market set to open at …
Brazil’s currency, stock futures down after Bolsonaro supporters storm capital Read More »
(Reuters) – U.S. President Joe Biden approved an emergency declaration for California after a week of storms killed at least 12 people in the past 10 days and knocked out power for hundreds of thousands of homes and businesses in the state. The emergency declaration authorizes the Federal Emergency Management Agency (FEMA) to coordinate disaster …
Biden declares emergency for California due to winter storms Read More »
By Jonathan Allen NEW YORK (Reuters) – Federal prosecutors were due to make opening statements on Monday in the trial of the man charged with using a truck to kill eight people on a Manhattan bike path on Halloween in 2017. Sayfullo Saipov, 34, has pleaded not guilty to a 28-count indictment that charges him …
Terrorism trial begins against accused New York bike path killer Read More »
(Reuters) – More than 120,000 homes and businesses were still without power in California early on Monday, according to data from PowerOutage.us, after a massive storm last week that disrupted road travel with flash floods, rock slides and toppled trees. At least 12 fatalities have been reported from weather-related incidents in California in the past …
California storm leaves over 120,000 still without power Read More »
SANTIAGO (Reuters) – Chile, the world’s top copper producer, saw exports of the red metal reach $4.28 billion in December, down 13.2% from a year earlier, the central bank said on Monday. The country posted a trade surplus of $1.85 billion in the month, up from a $417 million surplus in December 2021. (Reporting by …
Chile copper exports total $4.28 billion in December Read More »
By Jonathan Stempel (Reuters) -A U.S. appeals court on Friday struck down a rule the Trump administration had adopted following a 2017 Las Vegas mass shooting that banned “bump stocks,” devices that allow people to rapidly fire multiple rounds from semi-automatic guns. In a 13-3 decision, the New Orleans-based 5th U.S. Circuit Court of Appeals …
U.S. appeals court strikes down ban on bump stocks Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan. Brazil’s weekend political shock reminds world markets of fragile geopolitics, but investors more broadly appear happier to stick with a new year narrative of recovery from a dire 2022. Brazil, the world’s 12th biggest economy, was jolted on Sunday after supporters …
