U.S. railroad strike averted with deal brokered by Biden administration

U.S. railroad strike averted with deal brokered by Biden administration

WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond. If they accept the deal that was announced at … Read more

Biden, unions, rail executives struggle for deal as shutdown looms

Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips. Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) … Read more

Biden administration presses unions, railroads to avoid shutdown

Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would … Read more

Exclusive: Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Exclusive: Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Register now for FREE unlimited access to Reuters.com Register Gazprom says ball is in Siemens Energy’s court Siemens Energy: we don’t understand Gazprom Germany discussing energy rationing Russia: We’ll send our oil to Asia VLADIVOSTOK, Russia, Sept 6 (Reuters) – Russia’s biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy (ENR1n.DE) … Read more

Former Tata Sons chair Cyrus Mistry dies in road accident

Former Tata Sons chair Cyrus Mistry dies in road accident

Tata Group Chairman Cyrus Mistry speaks to shareholders during the Tata Consultancy Services (TCS) annual general meeting in Mumbai June 28, 2013. REUTERS/Vivek Prakash Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 4 (Reuters) – Cyrus Mistry, the 54-year-old former chairman of Indian conglomerate Tata Sons, died in a road accident near … Read more

Russia’s Gazprom says Siemens Energy ready to fix Nord Stream fault

Russia’s Gazprom says Siemens Energy ready to fix Nord Stream fault

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 3 (Reuters) – Russia’s Gazprom (GAZP.MM) said on Saturday Siemens (ENR1n.DE) was ready to carry out repairs on the Nord Stream 1 … Read more

3M combat earplug lawsuits to proceed, judge rules, despite bankruptcy case

3M combat earplug lawsuits to proceed, judge rules, despite bankruptcy case

The logo of Down Jones Industrial Average stock market index listed company 3M is shown in Irvine, California April 13, 2016. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register Aug 26 (Reuters) – 3M Co must face more than 230,000 lawsuits accusing it of selling defective earplugs to the U.S. military, after … Read more

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

Pipeline to halt Aug. 31-Sept. 2 for maintenance Disclosure comes as gas flows are down to 20% Move increases Europe, Moscow’s energy standoff FRANKFURT/BERLIN, Aug 19 (Reuters) – Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant … Read more

EXCLUSIVE Biden’s emergency board calls for railroad wage hikes to resolve contract talks

EXCLUSIVE Biden’s emergency board calls for railroad wage hikes to resolve contract talks

U.S. President Joe Biden walks to Air Force One as he departs for Washington, D.C., from Joint Base Charleston, South Carolina, U.S., August 16, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Aug 16 (Reuters) – U.S. President Joe Biden’s emergency board tasked with helping major freight railroads and … Read more

Philips parts ways with CEO in midst of massive recall

Philips parts ways with CEO in midst of massive recall

Van Houten to leave after almost 12 years at helm To be replaced on Oct. 15 by Connected Care head Jakobs Shares up 2%, but down more than 50% since product recall AMSTERDAM, Aug 16 (Reuters) – Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health technology firm … Read more