UAW presses Daimler at Alabama plant after NLRB victory
DETROIT (Reuters) – The United Auto Workers union said on Monday it will press managers of the Daimler AG’s Mercedes-Benz assembly plant in Alabama to respect the right of workers to discuss organizing a local union while on the factory floor.
Putin drops South Stream gas pipeline to EU, courts Turkey
ANKARA (Reuters) – Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promis…
Wall Street falls in broad decline; Apple stumbles
NEW YORK (Reuters) – U.S. stocks fell in a broad decline on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start.
Global stocks drop after new signs of slower growth; yen, oil rebound
NEW YORK (Reuters) – World stock markets fell on Monday as slowing factory activity in China and Europe added to worries about weaker global growth and Apple shares dropped, while the yen hit a seven-year low against the dollar before recovering.
Oil jumps as much as five percent from five-year low; focus on shale
NEW YORK (Reuters) – Crude oil markets jumped as much as 5 percent on Monday, rebounding from five-year lows with their biggest daily gain since 2012, on fears that the high U.S. shale output blamed for the global oil glut may be shrinking.
Putin drops South Stream gas pipeline to EU, courts Turkey
ANKARA (Reuters) – Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promis…
Fed welcomes energy drop, shrugs off disinflation threat
NEW YORK (Reuters) – The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on Monday cheering the boost it should provide American pocketbooks and shrugging off any pressure on already low inflation….
Wall Street falls in broad decline; Apple stumbles
NEW YORK (Reuters) – U.S. stocks fell in a broad decline on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start.
Design flaws led to 2013 lithium-ion battery fire in Boeing 787: U.S. NTSB
WASHINGTON (Reuters) – A lithium-ion battery that caught fire aboard a parked Boeing 787 in 2013 in Boston had design flaws and it should not have been certified by the U.S. Federal Aviation Administration, U.S. accident investigators said on Monday.
GM recalls 316,000 vehicles because of malfunctioning headlights
DETROIT (Reuters) – General Motors Co will recall 316,357 SUVs and sedans, mainly in North America, because the low-beam headlights can stop working, the company said on Monday.
