Search / 131 results found

from
to
Advanced Search Close Search
Japanese automaker Nissan aims for sustainability, worker inclusivity
Technology

Japanese automaker Nissan aims for sustainability, worker inclusivity

  • By YURI KAGEYAMA - AP Business Writer
  • Updated

Nissan says it has a “sustainability plan” to become a greener and more inclusive company. The Japanese automaker is promising to recycle batteries, empower workers and create safer cars. Its chief sustainability officer, Joji Tagawa, told reporters this week that Nissan hopes to work with various partners, aiming to achieve carbon neutrality by 2050. That is the same goal set by the governments of Japan, the U.S. and Europe, and other major automakers. Nissan says that by 2030 it will reduce per-vehicle manufacturing CO2 emissions by 52% and cut per-vehicle driving CO2 emissions for new models by 50% in Japan, the U.S., Europe and China.

Technology

Entrepreneur who sought to merge celebrities, social media and crypto faces fraud charges

  • AP
  • Updated

A California entrepreneur who sought to merge the bitcoin culture with celebrities and social media has been arrested on a fraud charge. Nader Al-Naji was arrested in Los Angeles on Saturday on a wire fraud charge. Civil claims were brought against him by federal authorities on Tuesday. Authorities say Al-Naji lied to investors who poured hundreds of millions of dollars into his BitClout venture. They say he promised that money would only be spent on the business but instead steered millions of dollars to himself, his family and some of his company's workers. A lawyer for Al-Naji did not respond to a request for comment.

A union for Amazon warehouse workers elects a new leader in wake of Teamsters affiliation
Nation & World Business

A union for Amazon warehouse workers elects a new leader in wake of Teamsters affiliation

  • By HALELUYA HADERO - AP Business Writer
  • Updated

Workers at Amazon’s only unionized warehouse in the U.S. have elected new union leaders. Results from a vote count completed on Tuesday showed that a slate of candidates headed up by a former Amazon worker and union organizer named Connor Spence won the election. Spence led a dissident group that sued the Amazon Labor Union last year to force a new leadership election at the warehouse located in the New York City borough of Staten Island. Turnout was very low. An attorney who represents the dissident faction says only 5% of the 5,312 workers employed in the warehouse voted by mail-in ballots. Spence received 137 out of 247 votes cast.

To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers
Nation & World Business

To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers

  • AP
  • Updated

Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a significant storm. The company told salaried workers that eligible employees will get individual offers in mid-August. The offers will be limited to certain job functions that Stellantis not identify. It also wouldn’t say by how much it wants to cut the salaried workforce. The company has about 11,000 salaried workers in the U.S. It wasn’t clear whether similar offers would be made in other countries. In a statement Tuesday, Stellantis said it faces inflationary pressures at the same time as it tries to make affordable vehicles for its customers.

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market
Nation & World Business

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

  • By PAUL WISEMAN - AP Economics Writer
  • Updated

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates. The Labor Department reported Tuesday that that vacancies were down to 8.18 million from 8.23 million in May. The U.S. economy and job market have proven remarkably resilient despite the Federal Reserve’s aggressive campaign to tame inflation by raising its benchmark interest rate to a 23-year high. But higher borrowing costs have taken a toll: Job openings peaked in 12.2 million and have come down more or less steadily ever since.

Nation & World Business

Disneyland workers vote to ratify new contracts that raise wages

  • AP
  • Updated

Disneyland workers have voted to ratify new contracts that include wage hikes and changes to sick leave policies after months of negotiations. Workers including ride operators, candy makers and parking attendants voted Monday to ratify the three-year contracts. Unions representing some 14,000 workers say the move will bump the minimum base wage to $24 an hour this year. The deal was reached after workers at Disney’s California theme parks and resort area authorized a potential strike. Disney welcomed the vote and says it values its workers.

Apple has reached its first-ever union contract with store employees in Maryland
National News

Apple has reached its first-ever union contract with store employees in Maryland

  • The Associated Press
  • Updated

Apple has reached a tentative collective bargaining contract with the first unionized company store in the country. The International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees announced Friday evening that it struck a three-year deal with the company on behalf of workers at a Maryland store. The agreement must be approved by roughly 85 employees at the store, which is located in the Baltimore suburb of Towson. A vote is scheduled for Aug. 6.

National News

Airline catering workers threaten to strike as soon as next week without agreement on new contract

  • AP
  • Updated

Airline catering workers are threatening to go on strike next week if they don't get pay raises and better health insurance. Those are the workers who prepare meals and deliver drinks and snacks to airplanes at about 30 U.S. airports. Unions representing the workers said Friday that they could go on strike as early as Tuesday morning if they don't have a better contract offer from Gategourmet, a subsidiary of a Swiss company. The catering company says it has made an “industry-leading offer” that includes wage and health care improvements.

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset
PA Power and Policy

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

  • By CHRISTOPHER RUGABER - AP Economics Writer
  • Updated

A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do? In some ways, her task would seem straightforward: The administration oversaw a vigorous rebound from the pandemic recession, one that shrank the U.S. unemployment rate to a half-century low of 3.4% in early 2023. Yet the cumulative jump in average prices over the past three years — roughly 20%, only partly offset by higher paychecks — has contributed to a general unease about the country’s direction.

Workers at GM seat supplier in Missouri reach tentative agreement, end strike
National News

Workers at GM seat supplier in Missouri reach tentative agreement, end strike

  • By The Associated Press
  • Updated

The union representing workers at Lear Corp.’s Missouri plant that makes seats for General Motors vehicles says it has reached a tentative agreement with the company, ending a strike that was in its fourth day. About 480 workers at the Lear Corp. plant who walked out at midnight Sunday were back at work Thursday. They are represented by United Auto Workers. The strike brought production to a standstill Monday at the GM plant in Wentzville, about 40 miles west of St. Louis, where the Chevrolet Colorado and GMC Canyon midsize trucks, along with the Chevrolet Express and GMC Savana full-size vans are made.