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Business

GM offers wage increases, hefty bonuses in UAW contract fight

by Adam Aitken

UAW Local 5960 member Kinethia Black fills the brakes of a 2022 Chevrolet Bolt EUV during vehicle production on Thursday, May 6, 2021 at the General Motors Orion Assembly Plant …

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Apple shares fall after reports that China banned iPhone use by government employees

by Betti Alver

Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Apple …

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Maui beckons tourists, and their dollars, to stave off economic disaster after wildfires

by Leila Aboulela

KAHULUI, Hawaii — Richie Olsten has been in Maui’s helicopter tour business for a half century, so long he’s developed a barometer for the tourism-dependent economy: rental cars parked at …

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Australian government admits it will ‘probably’ tax electric cars soon

by Adam Aitken

Australian Treasurer Jim Chalmers has hinted the Federal Government could introduce an electric vehicle (EV) tax in the coming years to recoup lost fuel excise revenue as people move away …

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American Airlines pilots approve labor deal with big raises

by Leila Aboulela

An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida.  Joe Raedle | Getty Images American Airlines pilots approved a sweetened labor …

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FAA, lacking enough air traffic controllers, will extend limits on NYC-area flights

by Leila Aboulela

The Federal Aviation Administration is letting airlines continue to reduce their flights in the New York City area beyond summer and into this fall FILE – People wait in a …

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Seek employment reveals the Aussie jobs that saw the biggest pay rises in 2023

by Adam Aitken

The Australian jobs which underwent the biggest advertised pay increases last year have been revealed. According to data by Seek, which analyses the growth of advertised salaries for various roles, …

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China expands the number of countries for travel by its big-spending tourists

by Leila Aboulela

BEIJING — China has increased the number of countries that its big-spending tourists can visit by more than 70 following the lifting of its last COVID-19 travel restrictions. The decision …

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Apple buying Disney is unlikely

by Adam Aitken

About 10 years ago, I invented a rule about covering mergers and acquisitions that still hasn’t failed me. Here it is: Will Apple buy [insert company of your choice here]? …

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Government ‘helping hand’ ideal to control prices, says outgoing RBA governor Philip Lowe

by Adam Aitken

A stronger helping hand from government to keep prices stable and the economy humming has been offered up as a parting suggestion by outgoing Reserve Bank governor Philip Lowe. In …

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