Latest in For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
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For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
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Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - October 28 -
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Foreign Election Interference, and Volkswagen May Close Factories
Plus, why you should never cross a crow.Top stories - The New York Times - October 29 -
German leader Scholz speaks to Putin for first time in 2 years
Volodymyr Zelenskyy says phone call opens ‘Pandora’s box’ by giving Russian leader the resumption in contacts he wantsBusiness - Financial Times - 6 days ago -
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Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Falling oil prices may help push gas below $3 a gallon for the first time since 2021
The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...Business - MarketWatch - October 28 -
Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading
Bitcoin climbed over the $90,000 level in late afternoon trading Tuesday.Business - CNBC - November 12 -
Germany's Scholz discusses Ukraine with Russia's Putin in first such call in 2 years
German Chancellor Olaf Scholz has spoken with Russian President Vladimir Putin in what appeared to be the first conversation with the sitting leader of a major Western power in nearly two yearsWorld - ABC News - 6 days ago -
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Germany's Scholz discusses Ukraine with Russia's Putin in first such call in 2 years
BERLIN — German Chancellor Olaf Scholz spoke Friday with Russian President Vladimir Putin, the Kremlin leader’s first publicly announced conversation with the sitting head of a major Western power ...Top stories - NBC News - 6 days ago -
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Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - 2 hours ago -
Volkswagen workers in Germany prepare to strike within weeks
Executives reject union proposal that would rule out factory closures in the countryWorld - Financial Times - 4 hours ago -
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Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’
In the city of Zwickau, which has a proud history in the country’s mighty automobile industry, there are fears about the economic and political fallout . Zwickau gained its nickname as the Detroit ...World - The Guardian - November 3 -
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Meet OpenAI’s first chief economist—3 things you may not know about him
Dr. Aaron "Ronnie" Chatterji has been named OpenAI's first chief economist. He will lead the company's research on AI's potential economic impact.Business - CNBC - October 28 -
10-year Treasury yield slips from 3-month closing high as buyers step in
Demand from overseas buyers of U.S. government debt helped push yields slightly lower on Thursday, but not far from their highest levels in two or three months.Business - MarketWatch - October 24 -
Bitcoin rises 3% after topping $73,000 for the first time since March
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.Business - CNBC - October 29 -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
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UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Washington Post says it will not endorse candidate for first time in 30 years
Newspaper condemned for ‘chicken-shit’ decision on White House race as staffers say they are ‘deeply concerned’. For the first time in over 30 years, the Washington Post announced on Friday its ...World - The Guardian - October 25 -
Deion Sanders takes Colorado to bowl eligibility for first time in eight years
In the grand scheme of things, it's not all that hard to become bowl eligible in today's NCAA.Sports - Yahoo Sports - October 27 -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - November 11 -
Senate Republicans to vote for new leader for first time in 20 years
After seizing majority in the election, Senate Republicans have to elect a new leader for the first time in nearly two decades. NBC’s Ryan Nobles reports for TODAY.Top stories - NBC News - November 13