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82°
Thursday, jun 4
Tag:
Negotiation
Business
'Trump Always Chickens Out': Hear His Response To Wall Street's '
Taco
' Trade Strategy
Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
News
NJ Transit Strike Paralyzes Trains To Shakira Concert, Knicks Playoff Game: Here's What's Next
The NJ Transit rail strike rolled into its second day on Saturday, May 17, with President & CEO Kris Kolluri saying talks with union leaders are on — and will continue through the weekend in an effort to restore service for more than 350,000 daily riders. “We are going to meet the union today, tomorrow, all with the goal of getting to a deal so we can get them back to work and get customers the reliable service they need,” Kolluri said during a press conference at Newark Broad Street Station Saturday morning. “I want to be crystal clear. We want a fair deal that will not break the bank.…
News
You Could Lose These 20+ Channels On YouTube TV If No Deal Is Reached: See The List
UPDATE: YouTube TV and Paramount Global have reached a temporary deal to keep airing Paramount's channels. You can click here to see the updated story. YouTube TV subscribers could lose CBS, Nickelodeon, and more than 20 other Paramount-owned channels if the companies don’t reach a new agreement. Paramount and YouTube TV have warned customers that channels like CBS, CBS Sports Network, and Comedy Central may disappear if the two sides don't have a new deal in place on Thursday. Feb 13. Two CBS affiliates, WLKY-TV in Louisville, Kentucky, and KCCI News in Des Moines, Iowa, told viewers …
Business
East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal
Dockworkers and port companies have come to a tentative agreement on a new six-year deal, avoiding another work stoppage that would cause major shipping disruptions along the East Coast. The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) announced the tentative agreement in a joint news release at night on Wednesday, Jan. 8. The deal aimed to avoid another potential strike on Wednesday, Jan. 15. The ILA and USMX agreed to extend the current master contract until ILA representatives can convene for a ratification vote and USMX members can final…