Thursday, 8 April 2021

Amazon union election tally starts, turnout 55%

Amazon union election tally starts, turnout 55%

(Reuters) -U.S. regulators on Thursday started tallying votes in Amazon.com Inc's closely watched union election in Alabama, whose outcome will have far-reaching implications for U.S. organized labor.

Analysis: U.S. voting law debates stoke tussle over airline tax breaks

Airlines are bracing for challenges to tax breaks they receive from U.S. states as a result of wading in to a political debate over voting rights, rekindling a domestic tug of war between politics and profits.

Tech rally leads S&P to record high as Treasury yields dip, dollar softens

NEW YORK (Reuters) -A tech rally pushed the S&P 500 to an all-time closing high on Thursday and Treasury yields extended their pull-back from recent peaks as market participants digested the U.S. Federal Reserve's vow to stay the course with its dovish monetary policy.

Southwest Airlines recalls over 2,700 flight attendants for summer

Southwest Airlines said on Thursday it is recalling over 2,700 flight attendants from leave to support its summer schedule, ending a voluntary furlough program introduced during the coronavirus pandemic as travel demand waned.

Levi Strauss raises sales outlook on vaccine hopes, shares jump

Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on COVID-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat estimates for quarterly results on a pandemic-led e-commerce boost.

Exclusive: GameStop's strong stock performance triggered board director's exit

Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.

Some early Ford Mustang Mach-E owners suffer dead batteries

Early owners of Ford Motor Co's newest electric vehicle, the Mustang Mach-E crossover, have experienced a battery problem that leaves their vehicles unable to start after charging, according to a service bulletin filed by Ford with the National Highway Traffic Safety Administration.

S&P closes at record on tech boost as U.S. Treasury yields retreat

NEW YORK (Reuters) -The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.

Exclusive: Wizz Air replaces operations chief after probe into pilot redundancies

Low-cost carrier Wizz Air has replaced its flight operations chief after he was apparently recorded telling his team to draw up a redundancy list of pilots who were often sick or "caused grief" while sparing cheaper contract crew.

Dollar falls as U.S. weekly jobless claims rise unexpectedly

The U.S. dollar dipped to a two-week low against a basket of currencies on Thursday, tracking Treasury yields lower, after data showed a surprise rise in U.S. weekly jobless claims.

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