May 17, 2024Erin SlifkaComments Off on UAW Loses Unionization Vote at Mercedes Plant in Alabama
Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South.
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.
May 16, 2024Erin SlifkaComments Off on Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.
May 16, 2024Erin SlifkaComments Off on In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.