Fred Meyer’s warehouse workers vote to authorize strike

[ad_1] Business (Update: added Fred Meyer statement) PORTLAND, Ore. (AP) – Workers at Fred Meyer’s warehouse have voted unanimously to authorize a strike, which could soon disrupt the distribution of food to 180 locations in the Pacific Northwest. Contract negotiations between Teamsters Local 117 and Fred Meyer are underway with little progress. Union officials added … Read more

GlobalFoundries CEO Says Chipmaker Sticks to 2022 IPO Plan

[ad_1] (Bloomberg) – GlobalFoundries Inc., a chipmaker owned by an investment arm of the Abu Dhabi government, sticks to its initial public offering plan next year, director says General Tom Caulfield. a takeover bid by Intel Corp. are speculation, he said. “There is nothing in this discussion,” Caulfield said Monday in an interview with Bloomberg … Read more

Dow Plunges 700 Points, or 2.1%, on Worst Day of 2021 for Blue Chips

[ad_1] The Dow Jones Industrial Average posted its worst day of 2021 on Monday and stocks ended broadly and sharply lower as investors turned to safe-haven assets and assessed how rising COVID-19 cases could affect the recovery economic in the United States and around the world. Dow Industrials finished down 725 points, or 2.09%, at … Read more

Car demand will remain strong next year: AutoNation CEO

[ad_1] Fox Business’s Gerri Willis Reports New Car Shortage and Global Chip Crunch Are Creating Strong Demand for Used Car Market Strong auto demand shows no signs of slowing down, according to AutoNation CEO Mike Jackson. Consumer demand for personal transportation has increased during the COVID-19 pandemic, with Americans preferring to travel in their own … Read more

Israeli PM warns Unilever of ‘grave consequences’ of Ben & Jerry’s move

[ad_1] JERUSALEM, July 20 (Reuters) – Israel on Tuesday warned consumer goods giant Unilever Plc (ULVR.L) of the “serious consequences” of a decision by subsidiary Ben & Jerry’s to stop selling ice cream in territories occupied by Israel, and urged US states to invoke anti-boycott laws. Ben & Jerry’s announcement on Monday follows pro-Palestinian pressure … Read more

The Eastern Idaho nuclear project to be built by the Utah cooperative goes from 12 to 6 reactors

[ad_1] Hot cell operators Dawnette Hunter, left, and Scot White handle radioactive material from behind 4-foot-thick lead glass at the Idaho National Laboratory’s hot fuel examination facility in 2018. A Utah energy cooperative says it will reduce the number of small nuclear reactor modules it will build in Idaho from 12 to 6. (Keith Riddler, … Read more

Social Security could see COLA’s biggest jump since 1983

[ad_1] Goodboy Picture Company / Getty Images Inflationary fears worry Social Security recipients about adjusting the cost of living to their monthly checks, but this year could see one of the biggest increases to date. See: 5 Things Most Americans Don’t Know About Social SecurityFind out: you should regularly check your social security balance – … Read more