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  • Sep 06, 2024

Saudis Cut October Crude Oil Price to Asia as Demand Wanes

(Bloomberg) -- Saudi Arabia cut pricing of its flagship crude grade for its main market in Asia next month as concerns mount over waning demand.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisState-owned Saudi Aramco lowered t

  • Sep 06, 2024

Amazon says in a federal lawsuit that the NLRB's structure is unconstitutional

Amazon is challenging the structure of the National Labor Relations Board in a lawsuit that also accuses the agency of improperly influencing the outcome of a union election at a company warehouse more than two years ago. The complaint, filed Thursday at a federal court in San Antonio, mirrors legal arguments the tech giant made in front of the agency earlier this year after NLRB prosecutors accused the company of maintaining policies that made it challenging for workers to organize and retaliating against some who did so. In the new legal filing, attorneys for Amazon pointed back to a lawsuit the agency filed against the company in March 2022, roughly a week before voting for a union election was set to begin at a company warehouse in the New York borough of Staten Island.

  • Sep 06, 2024

Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut

(Bloomberg) -- Federal Reserve Governor Christopher Waller said it’s important for the US central bank to begin cutting interest rates this month amid rising risks of further weakening in the labor market.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainMadrid to Ban E-Scooter Rentals,

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