Boeing sweetens labor proposal in ‘best and final’ offer

Boeing sweetens labor proposal in ‘best and final’ offer

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon.  Jordan Gale | AFP | Getty Images Boeing on Monday sweetened a contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the … Read more

Battery giant Northvolt to cut 25% of Swedish workforce in cost-cutting drive

Battery giant Northvolt to cut 25% of Swedish workforce in cost-cutting drive

Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt site.  Picture Alliance | Picture Alliance | Getty Images Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive. … Read more

Southwest Airlines tells staff ‘difficult decisions’ ahead

Southwest Airlines tells staff ‘difficult decisions’ ahead

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at … Read more

When House members travel the globe on private dime, families often go too

When House members travel the globe on private dime, families often go too

They are the U.S. House’s frequent fliers — representatives who have traveled the country and the world on official business paid for by private interest groups. Over the past decade, they have accepted nearly $4.3 million for airfare, lodging, meals and other travel expenses. Almost one-third of those payments — just over $1.4 million — … Read more

The benefits of a four-day workweek according to a champion of the trend

The benefits of a four-day workweek according to a champion of the trend

Companies exploring the option of letting employees work four days a week hope to reduce job burnout and retain talent seeking a better work-life balance, according to the chief executive of an organization that promotes the idea. The trend is gaining traction in Australia and Europe, says Dale Whelehan, CEO of 4 Day Week Global, … Read more

GM’s EV sales momentum is finally building

GM’s EV sales momentum is finally building

Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. Frederic J. Brown | AFP | Getty Images WARREN, Mich. – If everything had gone to plan for General Motors over the last three years, the Detroit automaker would be well on its … Read more

How Foot Locker is waging a comeback after its breakup with Nike

How Foot Locker is waging a comeback after its breakup with Nike

An employee arranges Nike basketball shoes on display at the House Of Hoops by Foot Locker retail store at the Beverly Center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker … Read more

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Rate relief Investors cheered the Federal Reserve’s huge policy move last week. The question now is what the central bank will do next. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all rose more than 1% for … Read more

Inside Media: Sophie Monk and Skye Wheatley both rumoured for Love Island gig amid plastic surgery scandal

Inside Media: Sophie Monk and Skye Wheatley both rumoured for Love Island gig amid plastic surgery scandal

Welcome back to INSIDE MEDIA, where we bring you the inside story on media news, with plenty of views, every Monday and Thursday. ‘DOCTORED’ AUDIO REVIEW It’s been a tough six months for ABC chair Kim Williams. Know the news with the 7NEWS app: Download today While he hasn’t been afraid to lay down the … Read more

Eye-watering amount couples must earn to afford a Sydney home

Eye-watering amount couples must earn to afford a Sydney home

Couples must now both earn six-figure salaries to afford a home in the majority of Sydney areas, new data from Canstar has revealed. The average Australian salary is just over $100,000, according to data from the Australian Bureau of Statistics (ABS). Sydney’s eastern suburbs have a median house price of almost $4,000,000, while the north … Read more