Category: talks
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Boeing wage talks break off without progress to end strike, union says By Reuters
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(Reuters) – The International Association of Machinists and Aerospace Workers (IAM) said late on Friday that its talks on a pay deal with Boeing (NYSE:) have stalled, and that there are no further dates scheduled for negotiations at this time. “We are open to talks with the company, either directly…
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Apple drops out of talks to join OpenAI investment round, WSJ says By Reuters
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(Reuters) – Apple Inc (NASDAQ:) has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The technology giant recently withdrew from the talks, which are scheduled to conclude next week, the newspaper said, citing a person familiar…
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Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says By Reuters
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SEOUL (Reuters) – Alphabet Inc’s Waymo is in talks with South Korea’s Hyundai Motor Co to outsource the manufacturing of its self-driving vehicles, South Korea’s Electronic Times reported. Waymo and Hyundai Motor officials have met more than three times to discuss a plan to use Hyundai’s Ioniq 5 electric vehicles…
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Exclusive-Commerzbank readies talks with UniCredit but remains defensive By Reuters
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By John O’Donnell and Tom Sims FRANKFURT (Reuters) – Commerzbank is set to put Chief Financial Officer Bettina Urlaub at the head of talks with UniCredit when the German lender’s supervisory board meets next week as the Italian rival eyes a takeover, two people familiar with the matter said. UniCredit…
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Crisis looms at varsities after talks by State, lecturers collapse
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Talks aimed at averting a nationwide work boycott by university professors and non-teaching staff have collapsed, paving the way for a strike to begin at midnight. The strike was called by the University Academic Staff Union and the Kenya Universities Staff Union. It comes just a week after students called…
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DirecTV, Dish in talks again to merge satellite-TV businesses, Bloomberg reports By Reuters
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(Reuters) – AT&T Inc and its joint venture partner TPG are in talks to merge DirecTV with Dish, Bloomberg News reported on Friday, citing people familiar with the matter. Discussions between DirecTV and Dish parent EchoStar Corp. are still in the early stages, people familiar with the matter told Bloomberg…
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Air Canada begins preparations for shutdown as union talks near impasse By Reuters
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Air Canada, the country’s largest airline, said Monday it was finalizing contingency plans to suspend most of its operations as talks with a pilots’ union neared an impasse. A complete shutdown of the airline’s operations could strand thousands of passengers across the country. Air Canada and its subsidiary Air Canada…
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Musk’s xAI in talks for share in future Tesla revenue, WSJ reports By Reuters
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(Reuters) – Elon Musk’s artificial intelligence company XAI has held talks about a stake in Tesla’s future revenue in exchange for giving Musk’s electric carmaker access to XAI’s technology and resources, the Wall Street Journal reported on Saturday. Tesla will license xAI’s AI models to help power its full self-driving…
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Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikes By Investing.com
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Most Asian currencies rose on Friday as the dollar’s recovery slowed ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell, where he is expected to provide further signals on interest rate cuts. The Japanese yen was the best performer in Asia, extending a rally seen earlier this…
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Canada’s CN Rail, CPKC shut freight network after impasse over union talks By Reuters
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Written by Jahnavi Nidumulu and Abhinav Parmar (Reuters) – Canadian National Railway (CN) and Canadian Pacific Kansas City-based CPKC shut down its railroads nationwide on Thursday, laying off about 10,000 workers after failed negotiations with a major labor union. The decision, confirmed by the Teamsters Union, paves the way for…
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RUNE Up 17% After Talks Of Major Deal Hit The Market
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There is now some buzz surrounding ThorChain after new information about the chain was published that could change the course of RonAccording to CoinGecko, RUNE is on an upward trajectory with a staggering 17% gain since last week. This shows that investors believe RUNE has long-term potential once the effects…
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BHP and striking union at Escondida fail to resume formal talks By Reuters
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SANTIAGO/ANTOFAGASTA (Reuters) – Mining group BHP and the striking workers’ union at its Escondida mine in Chile failed to resume formal negotiations after a preliminary meeting earlier in the day, the miners’ union said on Wednesday. The copper miners’ union began a strike on Tuesday at the Escondida mine, the…
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Boris Johnson in talks over potential telegraph role as Zahawi consortium advances in auction
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Former UK Prime Minister Boris Johnson held informal discussions about a possible role at the Telegraph as part of Nadhim Zahawi’s bid to take over the paper. Zahawi, who served as an adviser under Johnson, is currently assembling a consortium to buy the Telegraph in an ongoing auction. A source…
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Cardano Adoption Has Stagnated, Analytics Firm Talks Why
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An analytics firm has discussed how Cardano (ADA) network adoption has hit a plateau over the past year. Total Cardano holders unchanged in 1 year According to data from In the massADA has seen its user base stagnate over the past year. The metric of interest here is the total…
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Asia stocks extend gains, yen retreats after BOJ talks down rate hikes By Reuters
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By Wayne Cole and Stella Chiu SYDNEY (Reuters) – Asian stock markets extended gains on Wednesday, led by a rebound in the U.S. dollar after the Bank of Japan unexpectedly signaled it was unwilling to raise interest rates again amid volatile markets, sending the yen sharply lower. The Nikkei rose…
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Trump talks up weaker dollar, but policies will likely lead to dollar strength By Investing.com
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Investing.com – Donald Trump has made bold claims about favoring a weaker dollar, but the former president’s core policies on tariffs, immigration and taxes are expected to do the exact opposite. “Former US President Donald Trump expressed his desire to weaken the US dollar, but his underlying policies (on immigration,…
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Google talks to cybersecurity firm Wiz break down
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Google Inc.’s (NASDAQ:) discussions to potentially acquire cybersecurity company Wiz for $23 billion have fallen through, according to a report Tuesday by The Wall Street Journal. The Wall Street Journal reported that Wizz CEO Asaf Rappaport said in an email to employees sent on Monday and seen by The Wall…
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Ripple CEO Talks IPO Plans, Competition Strategy Vs. SWIFT
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in interview In an interview with Fortune’s Andrew Noska, Ripple CEO Brad Garlinghouse provides an overview of the company’s strategic roadmap, its cautious approach to an initial public offering (IPO), and Ripple’s competitive advantage over the traditional SWIFT network. Ripple IPO is not on the table right now Garlinghouse was…
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Jared Kushner in talks to buy Phoenix stake
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Affinity Partners, led by US President Donald Trump’s son-in-law Jared Kushner, is in talks to buy a 4.9% stake in Israeli insurance and finance group Phoenix Holdings, with an option to buy an additional 4.9%. Affinity Partners, led by Donald Trump’s son-in-law Jared Kushner, is in talks to buy a…
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Google in advanced talks to buy Wiz for $23b – report
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Google parent company Alphabet is in advanced talks to buy an Israeli cloud security company. Weez The Wall Street Journal reported, citing people familiar with the matter, that Amazon intends to buy a stake in Amazon for $23 billion, in what could be its largest acquisition ever. People familiar with…