Chipotle faces more labor complaints at New York City stores
NEW YORK (Reuters) – Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City’s labor laws after the city sued the fast casual restaurant chain two…
UAW-GM picket lines become 2020 U.S. presidential campaign battleground
DETROIT/WASHINGTON (Reuters) – Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line in Detroit on Wednesday, underscoring the extent to which the…
Mexico tourism mostly unaffected by Thomas Cook closure: ministry
MEXICO CITY (Reuters) – The collapse of British travel firm Thomas Cook will not have a “significant impact” on Mexico’s tourist industry as it only represents about 0.4% of the…
Germany offers Thomas Cook’s Condor 380 million euro bridging loan
BERLIN (Reuters) – Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by insolvent British travel operator Thomas Cook, to enable it to…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses in the company’s demise on Tuesday, and asked why the…
CO2 goals to complicate PSA, Renault labor talks
PARIS (Reuters) – Renault (RENA.PA) and PSA Group (PEUP.PA) face a potential stand-off with French workers worried that an industry drive to meet EU emissions targets will fuel demands for…
Vuitton to hire more French handbag makers as Chinese sales boom
BEAULIEU-SUR-LAYON, France (Reuters) – LVMH’s (LVMH.PA) Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like…
Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the Swiss Institute of International Studies at the University of Zurich…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the world’s biggest economy, Fed Chair Jerome Powell said Friday in…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and…