American Airlines, seeking new contract, vote to OK strike
Pilots at American Airlines are voting to authorize a strike.
Business
Australia’s big four banks may be at peak profitability but fat margins aren’t over, analysts say
Forecast to post a combined $16.2bn six-month profit, the big four are facing a looming plateau – but analysts expect strong earnings to continueGet our morning and afternoon news emails, free app or daily news podcastAustralia’s big four banks, foreca…
JPMorgan Snaps Up First Republic’s Assets in US Auction
JPMorgan said on Monday it will buy most of First Republic Bank’s assets after regulators seized the troubled lender at the weekend, marking the third failure of a major U.S. bank in two months. From a report: Under the deal, which came after an auctio…
Insider Q&A: Aurora CEO Chris Urmson on self-driving trucks
Sometime next year, semis with no human in the cab will start carrying freight down Interstate 45 between Dallas and Houston.
Liz Weston: Audit your credit cards for greater savings
Are you getting the most out of your credit cards.
Hollywood writers and studios hold talks as strike deadline looms
Writers Guild of America could call stoppage as early as Tuesday if pay agreement is not reachedNegotiators for Hollywood writers and film and television studios are engaged in 11th-hour talks in an effort to avert a strike that would disrupt TV produc…
Albanese government poised to increase jobseeker for people over 55
The $50 daily rate will rise at first only for people over 55 as ministers target cost of living relief at women and long-term unemployedGet our morning and afternoon news emails, free app or daily news podcastThe Albanese government is poised to incre…
US rail companies grant paid sick days after public pressure in win for unions
Leading railroads give four paid sick days after years in which workers weren’t allowed to call in sick the morning of their shiftUS freight rail companies nearly spurred a nationwide railroad strike last fall by refusing to grant paid sick days, but i…
Millions snap up new Germany-wide public transit ticket
Public transit companies in Germany say more than three million people have already snapped up a new ticket being launched Monday that allows them to use all local and regional trains, buses and metros across the country for 49 euros a month.
JP Morgan boss plays down risk of banking crisis worsening after First Republic
Jamie Dimon’s remarks follow $10.6bn takeover brokered by US regulators to buy most of failed First Republic Jamie Dimon, the boss of JP Morgan, has played down the risk of a spiralling banking crisis after America’s biggest bank stepped in to buy most…