skilled-trades

McDonald’s targeting buyout firms as it seeks to sell North Asia stores

McDonald's Corp is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. The U.S. fast food giant is adopting a new business model in Asia, which is now the most intense battleground for global restaurant …

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McDonald’s targeting buyout firms as it seeks to sell North Asia stores

skilled-trades

UAW election by set of VW Tennessee workers upheld by NLRB

VW had asked for a review of the election, which involved about 160 skilled trades workers at the plant, in which 71 percent voted to join the UAW. The plant has a total hourly workforce of about 1,400 workers.

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UAW election by set of VW Tennessee workers upheld by NLRB

skilled-trades

Aetna, Anthem reassure investors on Obamacare business

Aetna and Anthem said their individual insurance businesses, which include the plans created by President Barack Obama's national healthcare reform law, had performed in line with projections through October. The announcements came the day after UnitedHealth cut its earnings forecast and said it might exit the Obamacare exchanges in 2017.

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Aetna, Anthem reassure investors on Obamacare business

skilled-trades

Apple wins patent trial against Pendrell subsidiary

By Lisa Bose McDermott MARSHALL, Texas (Reuters) – A U.S. jury on Friday found Apple Inc did not infringe five antipiracy patents owned by a Pendrell Corp subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. An Apple attorney declined to comment.

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Apple wins patent trial against Pendrell subsidiary

skilled-trades

VW cuts 2016 capital spending plan as cheating scandal widens

By Andreas Cremer and David Shepardson WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles. Volkswagen has told U.S. regulators that emissions issues in larger luxury cars and SUVs extend to…

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VW cuts 2016 capital spending plan as cheating scandal widens

skilled-trades

Ford union workers ratify new four-year U.S. labor pact: UAW

Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract after a late push for support by United Auto Workers leaders, the UAW said late Friday night. The UAW said 51.3 percent of production workers and 52.4 percent of skilled trades workers voted in favor of the new contract, after more than a week of voting that concluded at U.S. operations of Ford on Friday night.

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Ford union workers ratify new four-year U.S. labor pact: UAW