U.S wages lost to unpaid family care to hit $147 billion by 2050
As the U.S. population ages, the total annual cost of lost wages for unpaid family caregiving is on track to more than double, to reach $147 billion by 2050, a…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) supervisory board will meet on July 7…
Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
(Reuters) – Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal…
Factbox: Alphabet unveils Toronto smart city master plan details
(Reuters) – Alphabet on Monday released details of a proposed smart city development for Toronto, outlining plans in a 1,500 page document. Sidewalk Labs CEO Dan Doctoroff said at a…
Wall Street Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente
NEW YORK (Reuters) – All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week as investors are desperate for any signs of a thaw…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to…
Exclusive: Boeing seeking to reduce scope, duration of some physical tests for new aircraft – sources
PARIS (Reuters) – Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory…
Trump presses Lockheed to keep open a Pennsylvania plant slated for closure
FILE PHOTO: U.S. President Donald Trump greets Lockheed Martin CEO Marillyn Hewson in front of a Lockheed Martin F-35 stealth fighter on the driveway abutting the South Lawn prior to…
VW’s Tennessee workers vote against union representation
CHATTANOOGA, Tenn. (Reuters) – Workers at Volkswagen AG’s assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers’ (UAW)…
Court grants American Airlines’ request to end ‘devastating’ slowdown by unions
FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019. Photo taken May 10, 2019. American Airlines/Handout via REUTERS (Reuters)…