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...“You can argue a good wage benefits the employees and the company, but it’s a tough one,” he said. “You can’t negotiate with yourself . . . It puts you in an odd fiduciary pickle.”...
...More than half of the ECB staff responding to a survey by its main union this year said Lagarde was performing poorly and almost six in 10 said they had no trust in her or the board....
...In a statement, Volkswagen thanked its Chattanooga employees for voting and said it was waiting for federal labour officials to certify the result....
...agency in federal court....
...Steven Meier, chief investment officer of the $264bn New York City Employees Retirement Systems, said his fund was expanding into private credit when “everyone else has pulled back”....
...The Biden administration also intends to deny companies tax deductions on employees who are paid more than $1mn....
...The expert panel, which consisted of managers from Boeing and airlines, union representatives and academics, said it reviewed 4,000 pages of Boeing documentation and interviewed 250 employees, and their...
...Students at Munich’s technical university are able to take part in programmes at UnternehmerTUM as part of their degrees, where they are able to receive the same amount of credits as for an academic course...
...The board and federal judges issued injunctions in a handful of cases, ordering Starbucks to reinstate 34 fired employees, while dozens of cases are awaiting decisions. Starbucks has denied wrongdoing....
...The Federal Trade Commission has sued to block Kroger’s acquisition of Albertsons, threatening the largest supermarket merger in US history in the latest sign of Washington’s crackdown on anti-competitive...
...start cutting its benchmark deposit rate from its record high level of 4 per cent in June, there is more doubt over the pace and total amount of policy loosening that will follow — especially if the US Federal...
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...“We respect our employees’ rights to vote for union representation,” Wells Fargo said in a statement....
...IndustriALL Europe represents 180 unions in 38 countries, while IndustriALL Global represents 800 unions in 140 countries....
...China’s “credit impulse” — the change in the flow of credit — was a “headwind for growth for much of the last year” but has now moved back into positive territory, BofA’s analysts said....
...Federal courts have already suspended the labour reform included in Milei’s decree — which included changes to severance packages and the extension of trial periods for employees — after the CGT and other...
...Rightwing extremist employees are another.”...
...“We will now consult with our staff, with trades unions and with our UK supply chain to provide as much certainty as we can,” it added....
...In contrast, the strength of the US economy and high levels of government spending relative to taxes could persuade the Federal Reserve to keep interest rates high for some time, say investors, which could...
...Should the union designation end up, and prevail, in federal court, it could establish a nationwide precedent for athletes at other universities to be made employees and share in some of the billions in...
...In a board meeting last month, an executive at the $105bn Ohio Public Employees Retirement System said the generous return on private credit may shrink as competition intensifies....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...The German insurance association recently warned of a “massive increase in payment defaults” after credit insurers paid out more than €1.2bn in 2023, up 44 per cent on 2022....
...The European Union’s Mortgage Credit Directive formalised the EU’s position that borrowers should have the right to convert loans to the currency in which the borrower receives their income, or that there...
...Instead, banks would have to rely on more traditional, standardised assumptions that measure how risky assets are by using credit ratings from agencies....
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