Trump China standoff may raise UPU shipping rates
The Trump administration threatens to pull the United States from the Universal Postal Union prompting a Geneva congress showdown. Likely outcome includes higher rates for some international mail as carriers like China’s are challenged on payments. Samsung Galaxy Fold launches with AT&T and unlocked versions after earlier screen issues. Google resumes human transcription of Assistant voice commands with new user awareness. AP report.
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China
You
Trump
United States
Universal Postal Union
U.S
UPU
Geneva
At&t
Best Buy
Samsung
Google
Belgium
Local Stocks Brief: Dow Up Minor. Nasdaq Dips Slightly
The Dow Jones Industrial Average rose to 26,949.99 with a 14.92 point gain of 0.06 percent while the Nasdaq Composite slipped to 8,112.46, down 5.21 points or 0.06 percent. Local interest stocks are noted in market recap.
Thomas Cook collapses amid global travel chaos
The 178 year old British tour company plus its 24,000 staff in 16 countries ceases operations amid debts and online competition. Around 600,000 travelers face cancellations with 150,000 Britain-based customers to be repatriated in what ministers call a major peacetime effort. The firm ran 22 million customers yearly with 105 jets, 550 agencies, and 200 hotels, while workers lament stunned losses.
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Thomas Cook
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Spain
Canary Islands
Turkey
Cyprus
James Egerton-Stanbridge
Kim
Gatwick
Egypt
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Bengt Olsson
Brian Stratton
Britain
Airbnb
Michael Hewson
CMC Markets
Michigan Gas Prices Rise But Still Near Yearly Low
GasBuddy reports Michigan average gas price up 11.6 cents to 2.71 per gallon this week from 4,913 stations surveyed. National price also up 8.5 cents to 2.66 per gallon, with analysts citing Saudi oil disruptions and potential hurricane impacts. Michigan prices unchanged from a month ago but down 13.9 cents from a year earlier.
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Michigan
GasBuddy
Saudi Arabia
Patrick DeHaan
DeHaan
General Motors strike nears end of second week
The General Motors walkout by 49,000 UAW members enters its eighth day of halted production across about 30 U.S. sites with no clear resolution. Negotiations focus on wages, profit sharing, temporary workers, and path to full-time status, as unions seek bigger profit shares amid GM cost-cutting and plant closures in North America.
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Illinois Tool Works Inc
Johnson Controls Jci
Macatawa Bank Corp
MCBC
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Herman Miller, Inc
MLHR
PRGO
Perrigo Company
Pfizer, Inc
PFE
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Aka
Noah
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USS
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