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Oil prices ended down 7% last week and are lower this year-to-date, despite Middle East tensions. Oil prices have been depressed this year because China — the world's largest oil importer — is in a prolonged economic downturn. Last year, they each accounted for 11% of the world's oil supply. This means that Saudi Arabia is looking to corner a larger market share instead of targeting higher profit margins by restricting output. Advertisement"But the problem is when oil prices spike, it sends oil companies searching for temporarily profitable oil," he added, referring to the US shale boom as the most recent example.
Persons: , Abishur Prakash, Prakash, Anton Siluanov, Matthew Huber, we're, Huber Organizations: Service, , Financial Times, International Energy Agency, Brent, US West Texas, Syracuse University, Saudi, Trump, OPEC Locations: Saudi Arabia, Russia, China, Toronto, Israel, Iran, Europe, OPEC
When he takes the mic for his first earnings call as Boeing's CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Boeing's new CEO Kelly Ortberg visits the company's 767 and 777/777X programs' plant in Everett, Washington, U.S. August 16, 2024. watch nowMending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call. Meanwhile, the strike is costing Boeing $1 billion a month, according to S&P Global Ratings estimates.
Persons: Ryan Bergh, Jason Redmond, JASON REDMOND, Kelly Ortberg, Rockwell Collins, Ortberg, Marian Lockhart, Ken Herbert, Leslie Josephs Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Getty, AFP, Boeing, Reuters, Air Force One, Workers, CNBC Locations: Everett , Washington, Seattle , Washington, AFP, underperformance, Everett , Washington , U.S, Seattle, Renton , Washington
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersRussia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a "new world order" that challenges the West. Delegates listen on during the plenary session as Russian President Vladimir Putin delivers his remarks via video-link during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 23, 2023. "The countries in our association are essentially the drivers of global economic growth. Russian President Vladimir Putin (R) shakes hands with Iranian President Masoud Pezeshkian (L) during their meeting, October 11, 2024, in Ashgabat, Turkmenistan.
Persons: Vladimir Putin, Alexander Zemlianichenko, what's, Alet Pretorius, Putin, Michel Temer, Xi Jinping, Jacob Zuma, Narendra Modi, Wu Hong, Callum Fraser, Fraser, Russia's, Dmitry Peskov, Masoud Pezeshkian, Recep Tayyip Erdogan, Mahmoud Abbas, Antonio Guterres, It's, Masoud Organizations: Reuters, United Arab Emirates, America, U.S ., Afp, Getty, Tass, India's, CNBC, Royal United Services Institute, Global, Kremlin Locations: Moscow, Russia, Reuters Russia, Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, Asia, Africa, U.S . Russian, U.S, West, Ukraine, Sandton, Johannesburg, South, Ashgabat, Turkmenistan, U.N
Kim Jong Un and Vladimir Putin share a toast at a banquet table North Korean State MediaRussia's dangerous new allianceFor decades, South Korea has been in an uneasy standoff with its isolated and authoritarian neighbor, North Korea. AdvertisementRussia formed a new military alliance with North Korea to secure badly needed ammunition from North Korean stockpiles for its faltering campaign in Ukraine. South Korea is increasingly concerned about the technological capabilities and security guarantees North Korea has likely gained from Russia in return. Russia, previously a backer of sanctions designed to curtail North Korea's nuclear program, is now helping North Korea evade them. South Korea says it could arm UkraineIn response to Russia's strengthened relationship with North Korea, South Korea is threatening to arm Ukraine in its battle against the Russian invasion.
Persons: , Georgiy Zinoviev, Yoon Suk, Zinoviev, Dmitry Peskov, Kim Jong Un, Vladimir Putin, Ellen Kim, Russia's, Joe Biden, Kim Hong Kyun Organizations: Kremlin, Service, Russia, Korean, Korean State Media, Bloomberg, Center for Strategic, International Studies, ROK, South Korea's National Security Council, South, New York Times, Korea's Locations: Korea, North, Russia, Ukraine, North Korea, South Korea, US, Seoul, Asia, East Asia, Moscow, Russian, It's, South
Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.
Persons: , Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, , Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, , , Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s
"The global battle against inflation is almost won," the IMF report trumpeted, even as it called for "a policy triple pivot" to address interest rates, government spending, and reforms and investment to boost productivity. The fund kept its global growth estimate at 3.2% for 2024 and 2025 — which it called "stable yet underwhelming." Market volatility among key downside risksHeightened financial volatility is another threat to global growth, the IMF report said. Further challenges to global financial markets could come in the final stretch of the fight against inflation. The IMF forecasts global growth will rise 3.1% annually at the end of the 2020s, the lowest level in decades.
Persons: Pierre, Olivier Gourinchas Organizations: International Monetary Fund, Global, Vigilance, IMF Locations: Washington , DC, United States, The Washington, Brazil, Mexico, America, Europe
In this photo illustration, ZYN nicotine cases are seen on a table on January 29, 2024 in New York City. Philip Morris expects Zyn shipments to match demand "at some point" during the fourth quarter, Babeau said. Philip Morris also noted Zyn as main driver of net revenue for the business as a whole. Philip Morris announced earlier this year that it would invest $600 million to build a new production facility for Zyn in Colorado. Shares of Philip Morris have climbed more than 37% in 2024.
Persons: Philip Morris, Babeau, FactSet, Zyn Organizations: Swedish Match Locations: New York City, Connecticut, U.S, America, Zyn, Greece, Czech Republic, Colorado
General view of the City of London skyline, the capital's financial district, in October. LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth for the U.K. economy this year, up from a July forecast of 0.7%. Inflation in the U.K. came in at 1.7% in September, a decline from 11.1% in October 2022. Economic growth has been tepid so far this year, coming in at 0.2% in August after flatlining in June and July.
Persons: flatlining Organizations: LONDON, Monetary Fund, IMF, Bank of England Locations: London, United Kingdom
Defense Secretary Lloyd Austin visited Ukraine on Monday, in a show of solidarity with Kyiv just two weeks ahead of a U.S. presidential election that is casting uncertainty over the future of Western support. “We’re going to continue to support Ukraine in its efforts to defend its sovereign territory,” Austin told reporters travelling with him to Ukraine. Trump has signaled he would be more reluctant than Biden to continue to support Ukraine, which could deprive Kyiv of its biggest military and financial backer. “I’ve seen bipartisan support for Ukraine over the last 2-1/2 years, and I fully expect that we’ll continue to see the bipartisan support from Congress,” he said. Even with billions of dollars worth of U.S. military support, including the provision of F-16 fighter jets, Abrams tanks and more, Ukraine faces a tough fight ahead.
Persons: Lloyd Austin, Joe Biden’s, Volodymyr Zelenskyy’s, Austin, “ We’re, ” Austin, “ We’ve, Austin’s, Donald Trump, Kamala Harris, Trump, Biden, “ I’ve, , Ukraine’s staunchest, Vladimir Putin, , Zelenskyy, Putin, Abrams Organizations: Joe Biden’s Pentagon, Republican, Democratic, NATO, U.S Locations: Ukraine, Kyiv, Ukraine’s, Poland, Russian, Moscow, Russia, Donetsk, Brussels, Russia’s Kursk, Pokrovsk
It all started with foam teaInvented in the 1980s, bubble tea (also called “black pearl tea” or “boba tea”) is a beloved Taiwan classic. Lin Hsiu Hui, product manager at bubble tea chain Chun Shui Tang, said she created the very first glass of bubble milk tea at a staff meeting in 1988. Bubble tea chain Easy Way argued in a press conference, “Why don’t you ask people to skip drinking Coke instead?”The saga was dubbed the “bubble tea for arms” incident by local media. Bubble tea 2.0Bubbleology founder Assad Khan says his first bubble tea experience was 'love at first sip.' But no matter how funky you get with the recipe, the soul of a good bubble tea has always been, well, the tea.
Persons: that’s, Simu Liu, Canadian Liu, , it’s, Chang Fan Shu, yao, shou yao, , Tseng, Tsang, Tu Tsong, – Tu, Tu, ” Tu, Lin Hsiu Hui, Tang, ” Lin, Chun, Chun Shui Tang, boba ”, Amy Yip’s, Assad Khan, ” Khan, Bubbleology, It’s Organizations: CNN, Marvel, CBC, Chun, CNN Travel, Chun Shui Tang, hawker, Defense Ministry Locations: Hong Kong, Canada, Quebec, Canadian, Taiwan, , Tainan, Hanlin, United States, China, Assam, hawker, Asia, British, Chinatown, New York, Lankan
Chris Arjoon/AFP/Getty ImagesIt was Messi’s second hat-trick in four days, after scoring a treble and registering two assists for world champion Argentina against Bolivia on Wednesday. The Bahamian-born center was awarded the WNBA Finals MVP after averaging 17.8 points, 7.6 rebounds and 2.2 assists across the closely contested series. This year, the 2021 MVP managed to break both ducks and finally claim that elusive WNBA ring alongside the Finals MVP trophy. Jones now joins Australian Lauren Jackson and Belgian Emma Meesseman as the only non-American players to win a Finals MVP. Jones hoists the Finals MVP trophy postgame.
Persons: Lionel Messi, Harry Kane, Bayern Munich’s ‘, Jonquel Jones, Saquon Barkley, Lionel Messi Lionel Messi, Ballon d’Or, Messi, Luis Suárez, Xavier Arreaga, Suárez, Messi volleyed, Jordi Alba, Chris Arjoon, Jonquel Jones Jonquel Jones, Sabrina Ionescu, Jones, Lauren Jackson, Belgian Emma Meesseman, Wendell Cruz, Reuters Saquon Barkley Saquon Barkley, Barkley acrimoniously, Barkley, Al Bello, Bayern hadn’t, Vincent Kompany, Kane, Angelika Warmuth, Reuters Kane, Daria Kasatkina, Mirra, Kasatkina, Andreeva Organizations: CNN, Bayern Munich’s, WNBA, Giants, MetLife, Inter Miami, England, New, Barcelona, Messi, MLS, Argentina, Bolivia, New York Liberty, Liberty, Reuters, New York Giants, NFC East, Philadelphia Eagles, Bayern Munich, Stuttgart, Bundesliga, Leipzig, Bayern, Tottenham, Premier League, Ningbo, Kasatkina, Andreeva, Getty Locations: AFP, Brooklyn, New York, Belgian, Germany
More than a year after Hamas and other armed groups launched their terror attack against Israel, Shirel Golan became their latest victim. Shirel’s brother Eyal Golan told CNN her health problems began immediately after the October 7 attack. Eyal Golan, brother of Shirel Golan. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. Eyal Golan said the only help Shirel received was from the local authorities, which are strapped for cash and unable to offer adequate assistance.
Persons: Tel, Israel CNN — Meir Golan, Shirel Golan, Shirel’s, Eyal Golan, Shirel, , Eyal, Luis Graham, Yooll, , let’s, it’s, Shirel didn’t, ” Omer Leshem Organizations: Israel CNN, CNN, Nova Music, Nova, Israel’s Welfare, Social Services Ministry, Israel Defense Forces, Nova Festival, IDF, International Association for Suicide Prevention, Befrienders Locations: Tel Mond, Israel, Gaza, Shirel’s, Tel Aviv
Hanoi, Vietnam AP —Vietnam elected Luong Cuong, a military general, as its new president on Monday, the fourth official to fill the largely ceremonial role in 18 months. The role of the general secretary is the most powerful position in Vietnam while the presidency is mostly ceremonial and involves meeting foreign dignitaries. Vietnam's Luong Cuong takes his oath as Vietnam's President during the autumn opening session at the National Assembly in Hanoi on October 21, 2024. When he became the new general secretary, he promised to maintain the anti-corruption fight. “The installation of Luong Cuong as president is yet another example of the expansion of Vietnam’s police state,” he said.
Persons: Luong Cuong, Lam, ” Cuong, Nguyen Phu Trong, Trong, Nguyen Xuan Phuc, Thuong, Vuong Dinh, Dang Anh, Cuong, Nguyen Khac Giang, – Yusof, Luong, , Critics, Ben Swanton Organizations: Vietnam AP, National Assembly, Communist Party, Getty, Vietnam Studies, Institute, Communist Party Congress Locations: Hanoi, Vietnam, Vuong, AFP, Lam
Brazilian President Luiz Inacio Lula da Silva was expected to join but canceled his trip after suffering an injury at home. “This BRICS summit is really a gift (for Putin),” said Alex Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. Russian President Vladimir Putin, Chinese leader Xi Jinping, then-Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi pose as they arrive for the BRICS summit in Brasilia in November 2019. While BRICS is primarily geared toward economic collaboration, its meeting last year took place in the shadow of the war in Ukraine. The gathering in Kazan also gives Putin ample opportunity for one-on-one facetime with his fellow BRICS leaders and other friendly dignitaries in attendance.
Persons: Vladimir Putin, , Xi, India’s Narendra Modi, Iran’s Masoud, Cyril Ramaphosa, Recep Tayyip Erdogan, Luiz Inacio Lula da Silva, Putin –, Xi –, Putin, BRICS, Donald Trump, , Alex Gabuev, , BRICS “, ” Gabuev, Xi Jinping, Jair Bolsonaro, Narendra Modi, Adriano Machado, Mahmoud Abbas, Israel –, Jonathan Fulton, Volodymyr Zelensky, Yevhen Titov, they’ll, Manoj Kewalramani Organizations: CNN, Carnegie Russia Eurasia Center, Indian, Reuters, International, Israel, Atlantic Council, United Nations General Assembly, US, New Development Bank, World Bank, International Monetary Fund, BRICS, Kremlin, Takshashila Locations: Ukraine, Moscow, Russian, Kazan, Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Iran, Beijing, Tehran, United States, Berlin, Brasilia, Johannesburg, Israel, Gaza, Hezbollah, Lebanon, Abu Dhabi, , Gabuev, BRICS, Kharkiv, Indian, Bangalore
The Israeli military reservist returned a different person, traumatized by what he had witnessed in the war against Hamas in the strip, his family told CNN. The Israeli military has said it is providing care for thousands of soldiers who are suffering from PTSD or mental illnesses caused by trauma during the war. Israeli soldiers who fought in the enclave told CNN they witnessed horrors the outside world can never truly comprehend. For many soldiers, the war in Gaza is a fight for Israel’s survival and must be won by any means. There was a “very strong collective attitude” of distrust among Israeli soldiers toward the Palestinians in Gaza, especially at the outset of the war, the medic said.
Persons: Ma’ale, Eliran Mizrahi, , , Jenny Mizrahi, Eliran, Benjamin Netanyahu’s “, Mizrahi, Bulldozing, ’ Mizrahi, Jenny, ” Jenny, Shir, Omar Al, ” Guy Zaken, ” Zaken, Zaken, Bregman, Abdel Kareem Hana, Uzi Bechor, ” Bechor, didn’t, ” Bregman, Beit, Amir Levy, Netanyahu, Joe Biden Organizations: Tel, CNN, Hamas, Israel Defense Forces, United Nations, IDF, West Bank, Getty, UN, Israel’s, King’s College London, Haaretz, International Association for Suicide Prevention, Befrienders, Israel Democracy Institute Locations: Tel Aviv, Gaza, Israel, Jerusalem, Lebanon, Shejaiya, Gaza City, AFP, Deir al, Balah, Beit Jann
ACCRA, Ghana — Illegal small-scale gold mining in Ghana has been linked with the destruction of the environment and illness. A protest in Accra, Ghana, demanding government action on illegal gold mining. Yaw Amoafo, who owns several small gold mines employing 20 to 30 people each, said public anger at galamsey mining has forced him to cease operations. He added that he feared the government would introduce a short-term ban on small-scale mining, like the one it implemented in 2017. Earlier this year it opened the government-backed Royal Ghana Gold Refinery, with the intent of getting it accredited by the LBMA.
Persons: galamsey, Nana Akufo, Nipah Dennis, Cristina Aldehuela, Addo, Yaw Amoafo, , , Amoafo, Eddie James Richmond, Neil Harby, Harby, Francis Kokoroko, Swissaid Organizations: West, Water Resources Commission, Getty, Ghana’s Ministry of Land, Resources, Ghana Water Ltd, International Institute for Strategic Studies, Watch, Ghana’s Minerals, International Monetary Fund, Sahara Royal Gold Refinery, London Bullion Market Association, Reuters, State Department, Royal, Royal Ghana Gold Refinery Locations: ACCRA, Ghana, Accra, , AFP, Cape Coast, Pra, Kibi, London, U.K, South Africa, Africa, Switzerland, Mali, Zimbabwe, Royal Ghana
That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused grief for confectioners during prime chocolate sales seasons like Valentine’s Day and Easter. The company’s president, Michele Buck, said in a call in August with analysts that cocoa prices are “not sustainable,” and pointed toward higher prices. Though hope is on the horizon, experts project cocoa prices will remain high until at least September 2025. A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.
Persons: it’s, , David Branch, Francis Kokoroko, Reuters El, Michele Buck, Hershey, Joseph , Missouri Nick Ingram, Sally Lyons Wyatt, Mars, Brandon Bell, ” Lyons Wyatt Organizations: CNN, Wells, Food Institute, Reuters, International Cocoa Organization, Hershey, Walmart, Getty, ’ Association, NCA, Locations: Wells Fargo, West Africa, Osino, Eastern Region, Ghana, St, Joseph , Missouri, Austin , Texas
CNN —At least 87 people were killed in an Israeli airstrike that hit several multi-story buildings overnight Saturday on Beit Lahia in northern Gaza, the enclave’s health ministry said. The number killed includes 27 bodies retrieved so far and 60 people under the rubble. More than 40 people had been injured, including a number of very critical cases, the ministry said. CNN has approached the Israeli military for fresh comment on the strike. Sinwar’s death is the latest blow to the Palestinian militant group in Gaza, where the enclave’s health ministry says more than 42,000 people have been killed since October 7.
Persons: Kamal Adwan, , , Israel “, Beit, Islam Ahmed, Hussam Abu Safiya, Dr, Maher Shamiya, Yahya Sinwar Organizations: CNN, Israel Defense Forces, Office, Getty, Kamal Adwan Locations: Lahia, Gaza, , Beit Lahia, AFP, Israel, Lebanon
Increasingly, Europe’s centrist figureheads are dropping their once-high-minded rhetoric on irregular migration, reaching instead for positions that were previously the preserve of the continent’s populist rabble-rousers. In Poland, like in much of Europe, “voters across the board expect that border security and migration controls are the priority,” Kucharczyk said. But Thursday’s victory for Tusk in Brussels underscores a broader, rightward shift across Europe on the issue of irregular migration. “It’s an existential issue for this coalition, and they don’t want to take chances on issues like migration,” Kucharczyk said. The wider question is whether the longstanding principles of the border-free Schengen Area can survive an enduring era of rising migration and populist subversion.
Persons: Donald Tusk, ” Tusk, Spain’s Pedro Sanchez –, Tusk, ” Jacek Kucharczyk, Emmanuel Macron, Germany’s, Olaf Scholz, ” Kucharczyk, , Adnan Beci, Ursula von der Leyen, Chancellor Scholz, Keir Starmer –, , Scholz, Thomas Niedermueller, Italy’s, Giorgia Meloni, , Marta Welander, PiS, Poland’s, Kucharczyk Organizations: CNN, European Union Council, of Public Affairs, Wednesday, Getty, European Commission, EU, Committee, Law and Justice, SPD, ISIS, Locations: Brussels, Poland, EU, Belarus, Europe, Russia, Albania, Warsaw, AFP, EU’s, France, Luxembourg, Netherlands, Belgium, Denmark, Finland, Solingen, Hungary, Slovakia
The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg IacurciI paid $95 to recycle a mattress. Why mattress recycling can be expensiveShredded old mattress materials. Guillaume Souvant | Afp | Getty ImagesThe $95 fee I ultimately paid to Renewable Recycling is "pretty standard" among mattress recyclers, Conway said. For example, cotton remnants must be picked off steel mattress springs before it can be shredded or baled for sale to scrap markets, according to the Mattress Recycling Council.
Persons: Greg Iacurci, Alicia Marseille, Robert Brook, , Meg Romero, Charles, Mark Rightmire, Romero, Peter Conway, Conway, Guillaume Souvant, Charles County, " Romero, Staples, Reid Lifset, Amanda Wall, Wall Organizations: Renewable, U.S, Mattress, Arizona State University, MRC, Salvation Army, Goodwill, Freecycle, Recycling Inc, MediaNews, Orange, Getty, Spring, Afp, Yale School of, Colorado, Environmental Resources, Arizona State University Individuals, International Sleep Products Association Locations: New York City, Brooklyn, Charles County , Maryland, East Rockaway , New York, San Juan Capistrano , California, Spring Back Colorado, Commerce City, Colorado, Oceanside , New York, Charles, California, Mexico, Canada, India, Egypt, Texas, Marseille, — California, Connecticut, Rhode, Oregon, Rhode Island, New York , Massachusetts, Maryland, Virginia
“It is so visibly dehumanizing to actually criminalize such an act of humanity and dignity,” she said. Demonstrators at Saturday’s voting rights rally at Morehouse College. So, in this moment, we want to say that we are not going back.”The gathering also focused on the rights of disabled voters. “Black voters would be suppressed on the back of disabled voters. “The Voting Rights Act has been so attacked,” she said.
Persons: , , Nicole Carty, ” Carty, Jim Crow, Martin Luther King, Senate runoffs, Brian Kemp, Matthew Johnson, Kamala Harris, Barack Obama, Michelle Obama, Curtis Bunn, Gerald Griggs, Dom Kelly, Kemp “, ” Kelly, , squirrelly Organizations: ATLANTA, Morehouse College, Get, Democratic, Senate, Gov, Morehouse, Atlanta NAACP, Renaissance Guild, New Disabled, NBC, Civil Rights Movement, NAACP Locations: Georgia, Atlanta, Randolph County , Georgia
Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production. The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts in an annual bonus program and higher 401(k) contributions among other changes. Acting U.S. Secretary of Labor Julie Su met with both parties earlier this week. Boeing later made a sweetened offer but the union blasted it saying it was not negotiated. On Oct. 11, he announced job cuts of 10% of Boeing’s workforce and that the company will stop making 767s when orders are fulfilled in 2027.
Persons: Labor Julie Su, Kelly Ortberg Organizations: Boeing, Labor, U.S, International Association of Machinists, Aerospace Workers
Online content creators, they say, often fail to ensure the same basic standards for treating cast and crew that more traditional entertainment sets do. However, as digital productions grow, those who work with or under creators said some could benefit from the structure seen on traditional Hollywood sets. Unlike Hollywood sets, most digital productions do not necessarily rely on union workers. Some believe the digital entertainment space — which includes a wide range of productions, including reality and scripted content — would benefit from union oversight. “Because new [digital] media has got about 15 years, the unions have 100.
Persons: ” MrBeast, Jimmy Donaldson, , Donaldson, Mair Mulroney, “ I’ve, , YouTuber Dhar Mann, Scott Brown, They’ve, ” NABET, Bernie Su, Su, Lizzie Bennet, Emma, YouTubers, ” Su, Mulroney, Dhar, Mann, there’s, ” Mulroney, Neal Mohan, Brown, don’t, they’re, ” Brown Organizations: Amazon Studios, Beast, Hollywood, “ Beast, In Hollywood, Screen, American Federation of Television, Radio Artists, International Alliance, MrBeast, SAG, National Association of Broadcast Employees, Technicians, Guild of Canada, YouTube, Guild of America, VidCon, Rodeo Locations: Las Vegas , Toronto, Panama, In, Toronto
HONG KONG — Nine monkeys who died in Hong Kong’s oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday. Another possibility is that some infected monkeys had close contact with other monkeys, he said. “The incubation period for melioidosis in primates is about a week and this matched with the period after the soil digging work,” he said. Edwin Tsui, the controller of the center, said the incident only happened in a single zone and its impact on Hong Kong residents would be very low. The Hong Kong Zoological and Botanical Gardens — the oldest park in the former British colony — fully opened to the public in 1871.
Persons: Kevin Yeung, melioidosis, Yeung, “ We’re, , Edwin Tsui Organizations: Culture, Hong Kong Zoological, Botanical Gardens, International Union for Conservation of, Hong Kong’s Center for Health Protection, Leisure, Cultural Services Department, Agriculture, Fisheries, Conservation Department, Department of Health Locations: HONG KONG, Hong Kong’s, Hong, Hong Kong, Central
Tentative deal announced to end Boeing strike
  + stars: | 2024-10-19 | by ( Chris Isidore | ) edition.cnn.com   time to read: +6 min
New York CNN —A tentative deal has been reached to end the five-week-long strike at troubled aircraft maker Boeing, the union announced to its 33,000 striking members early Saturday. Rank-and-file already nearly unanimously rejected a previous tentative agreement, precipitating the first strike at the company in 16 years. Many union members had expressed anger over the loss of the pensions. The union credited Acting Labor Secretary Julie Su with brokering the deal in indirect talks between the union and management. A week after that deal was rejected, Boeing improved its offer to 30% in wage increases over the four-year deal, terming that its best and final offer.
Persons: Kelly Ortberg, Julie Su, Su, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, International Longshoremen’s Association, Gulf, Airbus, Alaska Airlines, Federal Aviation Administration Locations: New York
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