Friday, 9 April 2021

U.S. senators criticize Apple for not testifying on antitrust concerns

U.S. senators criticize Apple for not testifying on antitrust concerns

Apple Inc is refusing to testify at an upcoming U.S. Senate subcommittee hearing on competition issues related to mobile app stores, the bipartisan leaders of the panel said on Friday.

GM cuts some U.S. truck production shifts because of chip shortage

General Motors Co will cancel some truck production shifts this weekend at two U.S. auto plants because of the ongoing semiconductor shortage, the company said on Friday.

S&P 500, Dow scale new heights, Treasury yields rise on strong inflation data

The S&P 500 and the Dow notched record closing highs on Friday after solid U.S. inflation data and an uptick in Treasury yields suggested the economic recovery from the pandemic-related recession was gaining momentum.

S&P 500, Dow climb for third day and close at records

(Reuters) -The S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks, with a late-day rally building gains ahead of quarterly earnings season next week.

Boeing union with over 220 workers authorizes strike

A union representing over 220 Boeing Co workers said on Friday that members have voted to authorize a strike after contract negotiations "have taken a turn for the worse."

Amazon.com warehouse workers vote to reject forming union in Alabama

(Reuters) -Amazon.com warehouse workers in Alabama voted against forming a union by a more than 2-to-1 margin in a major win for the retailer, but the union hoping to reignite the U.S. labor movement said on Friday it would challenge the results, citing election interference.

Failed Amazon union effort renews call for updated U.S. labor laws

A failed attempt to unionize Amazon.com warehouse workers shows why Congress needs to pass proposed legislation to protect labor unions against corporations' anti-organizing efforts, Democratic lawmakers and labor activists said Friday.

Credit Suisse's U.S. brokerage files lawsuit over personal data leak

The U.S. brokerage subsidiary of Credit Suisse Group AG has disclosed that former employees' personal data was leaked last month and that it had filed a lawsuit over the matter, in the latest snafu for the Swiss banking giant.

Oil edges lower on mixed supply and demand outlook

Oil prices edged lower in rangebound trade on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic's impact on fuel demand.

Elon Musk's Neuralink shows monkey with brain-chip playing videogame by thinking

Billionaire entrepreneur Elon Musk's brain-chip startup released footage on Friday appearing to show a monkey playing a simple videogame after getting implants of the new technology.

Related Videos

Fight the Fed on inflation -advisor

With wholesale prices marking their biggest annual gain in 9-1/2 years in March, Payne Capital Management President Ryan Payne tells Reuters' Fred Katayama that Fed Chair Jerome Powell's view that inflation will be transitory "couldn't be more wrong."

J&J shot shipments to be low until FDA OKs plant

Johnson & Johnson will ship relatively few COVID-19 shots around the United States until it receives regulatory clearance for a large vaccine plant in Baltimore that has struggled to meet quality control standards, a top White House Health official said at a Friday press conference.
IBM_Security_Shield_1Q21_Reuters_Thumbnail.png
Sponsored by IBM: IBM Security Solutions

Explore the cybersecurity solutions behind the shield to help you put security everywhere

LEARN MORE
at