Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks
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Business - The New York Times
Ports Rush to Reopen After Dockworker Strike Is Suspended
Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.32 minutes ago -
Business - CNBC
A lasting U.S. ports strike deal is far from done, with automation a big hurdle in ILA/USMX negotiations
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union and USMX ownership group facing Jan. 15 deadline.51 minutes ago -
Business - The New York Times
Port Strike’s End Is an Economic Relief to Savannah, Ga.
The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock strike’s quick end was a relief.1 hour ago -
Politics - The Hill
Port worker strike threatens technological progress
The ongoing strike by 47,000 International Longshoremen's Association members is threatening the global supply chain and technological progress, as the union is demanding a halt to port automation.1 hour ago -
Politics - The Hill
The Hill’s 12:30 Report — Longshoreman strike ends with tentative deal
{beacon} 12:30 REPORT It’s Friday! Tomorrow officially kicks off the monthlong countdown to Election Day. Here's what's going on today: Trump will return to the site of the first assassination ...4 hours ago -
Business - CNBC
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including the 10 busiest ports in North America.4 hours ago -
Business - The Wall Street Journal
U.S. Ports Reopen After Dockworkers End Strike
Companies sweeten contract offer to a 62% wage increase to reopen ports from Maine to Texas.4 hours ago -
Business - MarketWatch
Humana’s stock ends a three-day selloff, but investors watching its bonds may have had a heads-up
Humana Inc.’s stock was up 2% Friday after three straight sessions of declines, but investors paying attention to the performance of its bonds on Thursday may have had something of a heads-up on ...5 hours ago -
Business - CNBC
Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port strike.5 hours ago -
Business - MarketWatch
U.S. stock market has ‘never been healthier’ according to this key measure
A lot has changed in the U.S. stock market over the past three months, but one of the most notable developments is the dramatic improvement in the number of stocks outperforming the S&P 500 index.5 hours ago -
Business - The Wall Street Journal
Container-Ship Stocks Fall After U.S. Port Strike Ends
Shares dropped as much as 16% as the agreement nixed for now the prospects of higher freight rates.5 hours ago -
Business - MarketWatch
The U.S. port strike is over. This is what it means for transportation and shipping stocks.
The end of the three-day U.S. ports strike has implications for a number of transportation and shipping stocks, say analysts.5 hours ago -
Top stories - CBS News
Details on tentative deal to end dockworkers strike until January
The dockworkers strike that threatened to cause severe damage to the U.S. economy has come to a temporary end. CBS News correspondent Nancy Chen has more.5 hours ago -
Business - Inc.
U.S. Port Strike Suspended After Tentative Agreement
A 63 percent wage increase for East and Gulf Coast longshoremen helped halt the walkout, which threatened to damage the national economy had it continued.6 hours ago -
Business - The New York Times
Port Strike Suspended After Dockworkers’ Union Receives New Wage Offer
The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.7 hours ago -
Business - MarketWatch
Why one foreigner expects the U.S. to reclaim its stock-market dominance
Wall Street has lagged many of its peers in recent months. But that should change.7 hours ago -
Top stories - CBS News
Dockworkers reach tentative agreement, suspending port strike
At least 25,000 dockworkers across 14 ports along the East and Gulf coasts in the U.S. can return to work amid a tentative agreement made on wages that would extend their current contract until ...8 hours ago -
Top stories - The New York Times
Oil Prices Rise on Biden’s Offhand Remarks, and U.S. Ports Reopen
Plus, the top trends from fashion month.11 hours ago - Joe Biden -
World - Financial Times
FirstFT: Union and bosses agree deal to end port strike
Also in today’s newsletter, Texas Stock Exchange pledges tougher standards than New York rivals and have we passed peak obesity?11 hours ago -
Business - The Wall Street Journal
European IPO Revival Still Lags Behind U.S.
Europe’s market for initial public offerings got off to a lively start in the fourth quarter, winding down a better year for new listings, though levels continue to lag the average and trail the U.S.12 hours ago - Europe -
Business - MarketWatch
U.S. stocks’ remarkable 2024 run is likely to continue during the fourth quarter, history shows
U.S. stocks have had a remarkable run during the first nine months of 2024 — and if the past is any guide, it will likely continue over the next three months.12 hours ago -
Business - MarketWatch
European shipping firm shares drop as dockworkers temporarily end U.S. port strikes
Europe’s top shipping firms would have benefited from a more prolonged strike in U.S. ports that would have let them capture a larger share of global trade12 hours ago -
Business - The Wall Street Journal
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.16 hours ago -
Business - Financial Times
US dockworkers suspend strike that threatened to cripple ports
Workers will return under deal to extend contract until January 15 and avert billions in economic damage18 hours ago -
Top stories - CBS News
Agreement reached to suspend port strike
A strike by thousands of dockworkers at 14 ports along the East and Gulf coasts was suspended Thursday when a tentative agreement was reached to extend the current contract through Jan. 15.21 hours ago -
World - The Guardian
US dock workers agree on deal with port operators to end strike
International Longshoremen’s Association announces agreement for wage hike and immediate work resumption. The US ports strike that shut down shipping on the east and Gulf coasts for three days came ...21 hours ago -
Politics - The Hill
Port workers reach tentative agreement to end strike
The International Longshoremen’s Association (ILA) union and the U.S. Maritime Alliance (USMX), an association of companies that operate East and Gulf Coast ports, reached a tentative agreement ...22 hours ago -
Business - Inc.
These Are the Top U.S. East Coast Port Shipment Retailers
As the dockworker’s strike continues, port shipment retailers may be affected by the backlog.23 hours ago -
Politics - The Hill
Port strike boosts pressure on Biden, Harris
President Biden and Vice President Harris may find themselves in an increasingly difficult position the longer the International Longshoremen's Association (ILA) strike on the East and Gulf Coasts ...23 hours ago - Joe Biden -
Business - The Wall Street Journal
What Products Will---and Won't---Be Affected by Ports Strike
Dockworkers move bananas and BMW parts into the country, but 85% of toilet paper is made domestically.23 hours ago -
Politics - The Hill
How the port strike could impact daily life
Port workers are striking from Maine down to Texas, costing the U.S. economy as much as $5 billion per day but raising questions about how the strike will directly impact consumers. Despite a run ...Yesterday -
Business - CNBC
Panic buying amid U.S. ports strike is creating supermarket supply concerns
Grocery stores and retailers say consumers are panic buying products over shortage concerns due to East and Gulf Coast ports strike, but fears are unfounded.Yesterday -
Top stories - NBC News
Port strike squeezes banana supplies, but most grocery shelves should be well stocked for weeks
Retailers and industry experts are urging shoppers not to resort to panic-buying, saying grocery aisles should be well-stocked with essentials for weeks.Yesterday -
Business - CNBC
Chaos is building for shippers as U.S. port strike continues and costs rise
As the strike at ports enters its third day, cargo containers are stranded at the wrong terminals or at sea, and ocean carrier charges are starting to mount.Yesterday -
Business - MarketWatch
These consumer-staples stocks could take a hit from the port strike
The dockworkers’ strike could impact a number of names in the consumer-staples space, warns Bank of America.Yesterday -
Business - MarketWatch
This shipping stock is ‘in an enviable position’ for a protracted port strike, says analyst
While a prolonged strike at East Coast and Gulf ports would spell bad news for the U.S. economy, it could provide a boost to shipping company Global Ship Lease Inc., according to Liam ...Yesterday -
Top stories - NBC News
Ship queue grows at U.S. ports as dockworker strike enters third day
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day.Yesterday