New York Hotel Workers, Employers Reach Tentative 8-Year Deal With Record Wage Gains
A tentative eight-year contract for roughly 25,000–27,000 New York hotel workers would boost wages, add paid parental leave, AI protections and housing funds.
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A tentative eight-year contract for roughly 25,000–27,000 New York hotel workers would boost wages, add paid parental leave, AI protections and housing funds.
A bipartisan coalition of 34 state attorneys general asks a federal judge to force Live Nation to divest Ticketmaster and select amphitheaters.
U.S., Boeing and Lockheed set a seven-year framework to triple PAC-3 MSE seeker production, easing a key supply-chain bottleneck for Patriot interceptors.
Sen. Elizabeth Warren requested OCC charter applications and legal analyses, arguing crypto trust charters let firms perform bank-like activities beyond legal limits.
GAO finds Energy Department’s cleanup office lost a third of federal staff since FY2023, leaving about 45% vacancies in mission-critical cleanup roles.
The Federal Reserve terminated its July 2023 cease-and-desist order related to the Archegos losses, closing a public enforcement case involving UBS and Credit Suisse.
The SEC submitted a proposed rescission of its 2024 climate-disclosure rule to OIRA on May 4, signaling a formal move to undo the rule and reopen review.
Post-mediation talks broke down May 13, raising the risk of an 18‑day strike at Samsung, a key player in global memory-chip supply chains.
Toyota sold 9.595 million vehicles in FY2026 and revenue rose to ¥50.685 trillion, but operating profit fell after U.S. tariffs cut about ¥1.4 trillion.
Teamsters say 100+ Breakthru Beverage drivers and warehouse workers in St. Louis have launched an unfair-labor-practice strike over contract disputes, halting some deliveries.
Coinbase will cut about 700 jobs—roughly 14%—and take $50–60M in restructuring charges amid weak crypto markets and a shift toward AI.
The UK FCA confirmed antitrust investigations of Mastercard, Visa and PayPal over how PayPal’s digital wallet is funded and used; no findings yet.
President Trump granted a permit April 30 for Bridger’s cross-border pipeline into Montana, but federal and state reviews and legal fights remain.
Teamsters ratified a four-year national DHL deal, securing a 20% wage increase, higher benefits and explicit safeguards against AI routing and autonomous vehicles.
Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.
Spirit's collapse was structural, not unique. Reading the FY2025 10-Ks of JBLU, ULCC and ALGT side by side, Frontier's debt amortisation profile and 2025 cash burn are closest to the pattern.
Brazil’s central bank will ban settlement using bitcoin and stablecoins in its regulated eFX cross-border payments channel, effective Oct. 1, 2026.
Apple posted its strongest March quarter—$111.2B revenue—fueled by record iPhone and Services sales; dividend raised and $100B buyback authorized.
Surface Transportation Board received a revised Union Pacific–Norfolk Southern merger filing; comments on completeness are due May 8, 2026.
Caterpillar's Q1 sales rose 22% to $17.4B and EPS increased, but higher tariff-related manufacturing costs trimmed profit margins.