Nov 30 Why Congress is intervening in a labor dispute between railway companies and freight workers By Hope Yen, Josh Funk, Associated Press President Joe Biden is asking Congress to intervene to avert a potentially crippling freight rail strike before Christmas, even if it means handing a defeat to Democratic allies in the labor movement. Continue reading
Nov 30 What managers need to know about quiet firing By Casey Kuhn, Nicole Ellis Quiet firing is when a manager assigns an employee fewer responsibilities or otherwise neglects them in a passive attempt to get the employee to quit. Continue reading
Nov 30 U.S. economy grew 2.9 percent last quarter slightly beating expectations, revised data says By Paul Wiseman, Associated Press Last quarter’s rise in the U.S. gross domestic product, or the economy’s total output of goods and services, followed two straight quarters of contraction… Continue reading
Nov 29 Watch 3:56 News Wrap: University students in China sent home after weekend protests In our news wrap Tuesday, universities in Beijing and other Chinese cities sent students home after weekend protests against COVID restrictions and the country's leaders, a new Pentagon report estimates China is rapidly building its nuclear arsenal and closing the… Continue watching
Nov 29 Railroad unions decry Biden's call to block possible strike By Josh Funk, Associated Press President Joe Biden's call for Congress to intervene in the railroad contract dispute undercuts efforts to address workers' quality of life concerns and unions decried the move. Continue reading
Nov 29 IMF director urges targeted COVID approach in China to ease global economic impact By David McHugh, Associated Press IMF Managing Director Kristalina Georgieva urged a “recalibration” of China's tough “zero-COVID" approach aimed at isolating every case “exactly because of the impact it has on both people and on the economy… Continue reading
Nov 28 Biden calls on Congress to block potential railroad strike By Josh Funk, Associated Press President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month's deadline in the stalled contract talks. Continue reading
Nov 28 Inflation in Europe likely to increase, more interest rate hikes likely, warns central bank president By Associated Press The head of the European Central Bank says she doesn't believe inflation has peaked after reaching the highest levels on record. Continue reading
Nov 28 Business groups pressure Congress to block potential rail strike By Josh Funk, Associated Press Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month's deadline in the stalled contract talks. Continue reading
Nov 25 Watch 5:53 What the proposed Kroger and Albertsons merger could mean for shoppers and food prices By John Yang Two of the nation’s largest grocers are looking to become one, new supermarket giant. Kroger wants to buy Albertsons in a nearly $25 billion deal to compete with retailers like Walmart, the top U.S. grocery seller, and Amazon, which is… Continue watching