UPS and Teamsters Reach Tentative Five-Year Deal
UPS reached a five-year tentative contract with the 340,000 member Teamsters union likely averting a nationwide strike. The pact raises pay by 2.75 per hour in 2023 and 7.50 over the term, boosts starting part-time wages to 21 per hour, creates 7,500 full-time Jobs, and opens 22,500 positions. Voting runs August 3 to August 22.
MENTIONED IN THIS ARTICLE
New York
UPS
Teamsters
Sean M. O’brien
Carol Tomé
U.S
Chamber of
Commerce
White House
Joe Biden
O’brien
James Hoffa
Pitney Bowes
Purdue Pharma bankruptcy settlement wins court approval
The 2nd U.S. Circuit Court of Appeals in New York allowed Purdue Pharma to begin transforming into a new entity funded to combat the opioid crisis and shield Sackler family members from lawsuits. The plan, tied to a $6 billion Sackler contribution, remains subject to further court approval and possible Supreme Court review.
MENTIONED IN THIS ARTICLE
Purdue Pharma
Sackler
2Nd
U.S. Circuit Court of Appeals
New York
Purdue
2Nd Circuit
U.S
U.S. Supreme Court
Federal Department of Justice
Supreme Court
Wall Street hits 15 month high on strong earnings
Wall Street rose as several major companies posted higher spring profits than expected. GE led gains with a 6.3 percent rally, 3M rose 5.3 percent, and Pulte Group added 6.2 percent while Alaska Air Group fell 9.7 percent despite solid results. The Nasdaq climbed 0.6 percent, the S&P 500 gained 0.3 percent, and the Dow edged up 0.1 percent as investors awaited the Fed rate decision amid hopes inflation is cooling.
MENTIONED IN THIS ARTICLE
New York
Wall Street
General Electric
Pulte Group
Alaska Air Group
Raytheon Technologies
Pratt & Whitney
Microsoft
Alphabet
UPS
Federal Reserve
Fed
Federal
GM Reports Strong Q2 With Higher Guidance Despite Bolt Recall
General Motors posted 2.54 billion in second quarter net income, up 52 percent year over year, aided by strong sales and pricing. The company raised full year guidance to 9.3 to 10.7 billion, citing an extra 1 billion in cost savings and planned manufacturing simplifications. A 792 million charge covered Bolt recall costs, while GM prepares a new Bolt with lower costs and continues production cessation for the current model by year end. CEO Mary Barra said the new Bolt will be affordable with strong range and tech, and will reach market quickly.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Detroit Automaker
Paul Jacobson
U.S
Jacobson
Mary Barra
Barra
AMC
Microsoft
At&t Inc
Newell Br
AMD
NiSource
AffirmHld
Nikola
Alibaba
Northropg
Nvidia
Amazon We
Amé Airlines
OwensCorn
AppHrvest
Apple Inc S
BcoBrad
PacWstBc
BkofAm
Palantir
BullfryAln
CanopyGr
PepsiCo
Carnival
Pet
ClevCliffs
RaybTch
RiotBlck i
CocaCola
RiviaAu A
DishNetwh
SMX Sc An
FardyFuln
Shrwin
FirstEngy
Sirilusxm
Fordm
Smucker
Frotmicm Snapinc A
GenElec
SoFiTech
GenMotors
SwitnEngy
Grabhi A
Target
HomeDp
Teslas
Humanign
HuntBnesh
TivicHlSy
Deanom If
Npixon Rs
Ntel
Vale SA
Tauunh
VerizonCm
JetBlue
ViewRay
KeenVis UN
WalMart
Wbrodisc
Kohls Keycorp
WeWork
LincNat
WellsFargo
Wendys Co
MarathDig
Xpeng
McDalds
NYMX
CME
New York Mercantile Exchange
Chicago Board of Trade
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
Mutua
AmrcnBalAm
FdmdlInvsAm
Grfamrca m
Incamrca m
Invcamrcam
NwPrspctvAm
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox Sikl
Fidelity
Fidelity BC Growth
Fidelity Contrafund
Fidelity Group
Pimco Incinstl
PIMCO
Vanguard
Vanguard EqIncAdmrl
Vanguard Hcadmrl
Vanguard Intiteadmrl
Vanguard Stinvmgrdadmrl
Doe
SEC
The
Associated Press
Also Mentioned on This Page
Union
Haleluya Hadero
Oks Purdue Bankruptcy
Stamford
Connecticut
LG Energy Solution
the Market IN Review
Dow Jones
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&P MidCap 2,714.13 +5.27 +.19 +11.68 +13.23 46,333.34 34,917.15 Wilshire
Russell
Naspan
Regetti
TrueBlue
AmerNtl
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!