Congress votes to warn rail strike amid dire warnings

Congress votes to warn rail strike amid dire warnings

WASHINGTON (AP) — Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden’s call for federal intervention in a long-running labor dispute. The Senate passed a bill to bind rail companies and workers to a proposed settlement … Read more

Designer Brands, Lands’ End, Salesforce and more

Designer Brands, Lands' End, Salesforce and more

Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Brian Bedder | Getty Images Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear retailer’s shares slide 15.6% in the premarket after … Read more

South Africa President Ramaphosa faces threat of impeachment over ‘Farmgate’ scandal

South Africa President Ramaphosa faces threat of impeachment over 'Farmgate' scandal

President Cyril Ramaphosa during a pre-World Economic Forum breakfast briefing on January 18, 2018 in Johannesburg, South Africa. Moeletsi Mabe| Sunday Times | Gallo Pictures | Getty Images South African President Cyril Ramaphosa could face impeachment after an independent panel found that he may have violated anti-corruption law during the investigation of a robbery at … Read more

Congress prepares to take up bill preventing rail strike

Congress prepares to take up bill preventing rail strike

WASHINGTON (AP) — Congress is moving swiftly to prevent a looming US rail workers strike, reluctantly intervening in a labor dispute to stop what would surely be a devastating blow to the nation’s economy if the transportation of fuel, food and other critical goods were disrupted. The House was expected to act first on Wednesday … Read more

Congressional leaders clear the way for a bipartisan bill to avert a railroad strike

Congressional leaders clear the way for a bipartisan bill to avert a railroad strike

US House Minority Leader Kevin McCarthy attends a meeting with US President Joe Biden (R) and other Congressional Leaders to discuss legislative priorities through the end of 2022, at the White House on November 29, 2022 in Washington, DC. Kevin Dietsch | Getty Images WASHINGTON — President Joe Biden hosted a rare meeting of the … Read more

Rails, unions draw lines in sand as Biden asks Congress to stop strike

Rails, unions draw lines in sand as Biden asks Congress to stop strike

The National Railway Labor Conference and The Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters (BMWED) are drawing their lines in the sand after President Joe Biden called on Congress to pass legislation that would enforce the attempted rail labor agreement. In a statement, the BMWED said pressing Congress to … Read more

5 things to know before the stock market opens Tuesday, November 29

5 things to know before the stock market opens Tuesday, November 29

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Bounce back? Wall Street is looking for a rebound after Monday’s rout, which came as investors … Read more

Musk: Apple wants to block Twitter from its app store | Social Media News

Musk: Apple wants to block Twitter from its app store |  Social Media News

The billionaire CEO of Twitter and Tesla said on Monday that Apple was pressing Twitter over content moderation demands. Elon Musk has accused Apple Inc of threatening to block Twitter Inc from its app store without saying why in a series of tweets that also said the iPhone maker had stopped advertising on the social … Read more

Biden calls on Congress to head off potential rail strike

Biden calls on Congress to head off potential rail strike

OMAHA, Neb. (AP) — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, and House Speaker Nancy Pelosi said lawmakers would take up legislation this week to impose the deal that unions agreed to in September. “Let me be clear: a … Read more

China protests could usher in ‘more authoritarian’ Xi era, analyst says

China protests could usher in 'more authoritarian' Xi era, analyst says

Police form a cordon during a protest against Chinas strict zero COVID measures on November 27, 2022 in Beijing, China. Kevin Frayer | Getty Images News | Getty Images The eruption over the weekend of protests in China could mark the start of a “more authoritarian” era in President Xi Jinping’s rule, one analyst warned … Read more