Business

50,000 striking GM workers will now vote on tentative agreement

The United Auto Workers' national council voted Thursday to recommend its rank and file members ratify a tentative agreement with General Motors.But the union's leadership decided that its nearly 50,000 members won't return to work ahead of the rank-and-file ratification…

Saudi Aramco delays IPO to give clarity on impact of attacks

Saudi Aramco's long-awaited IPO has been delayed--again.The timing for the blockbuster listing was pushed back to allow the state-run Saudi oil company to publish quarterly results that will provide clarity on the impact of last month's attacks on its oil…

Democrats need to sharpen their attacks on the Trump economy

If Democrats want to win in 2020, they have to sharpen their attacks on the Donald J. Trump economy.Moody's Analytics 2020 Presidential Election Model weighs the current economy, politics and voter turnout and projects a second Trump term."If the economy…

Stephen Colbert signs new 'Late Show' deal through 2023

Stephen Colbert has signed a new contract that keeps him as host of CBS' "The Late Show" through 2023, the network announced Thursday."I've been asked by CBS to host 'The Late Show' until 2023, and I have every intention of…

Canada's Cannabis 2.0: Edibles, beverages, vapes on deck

It's time for Cannabis 2.0 in Canada.Canada's foray into legal cannabis last year was intentionally slow, methodical and tempered. The forms of recreational cannabis were limited to dry flower (or bud), tinctures and capsules.Canada is marking its one-year anniversary of…

Domino's pulls the plug on 4 European markets

Domino's has run into trouble in Europe.The company that operates the pizza chain's UK franchise has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there failed to make a profit.Domino's Pizza Group said Thursday that it…

Deal to end GM strike won't save Lordstown plant

The deal to end the month-long strike at General Motors will not save an assembly plant in Lordstown, Ohio, and two other transmission plants, according to a person familiar with the agreement.In November, GM announced plans to close Lordstown as…

New Brexit deal is still bad for business and the UK economy

British Prime Minister Boris Johnson says he has secured a "great new deal" on Brexit. But the agreement he's struck with the European Union would erect significant trade barriers for companies operating in the United Kingdom, reduce growth and leave…

How Elizabeth Warren could 'vaporize' America's oil boom

Elizabeth Warren doesn't just pose a threat to Wall Street. Her rising 2020 polling numbers are also striking fear in the heart of Big Oil.Warren, currently the odds-on favorite to be the Democratic presidential nominee, wants to ban fracking "everywhere."…

iOS 13 is now on more than half of all iPhones

Apple's call to action to get people to use iOS 13 is working: More than half of all iPhone models introduced in the past four years now use iOS 13.The 55% adoption rate is speedy considering the operation system was…

Mark Zuckerberg giving speech on freedom of expression

Facebook CEO Mark Zuckerberg is set to deliver what he says is his most "comprehensive take" yet on freedom of expression Thursday in Washington, amid a roiling controversy over how the company handles political speech.Zuckerberg's address at Georgetown University will…

Why investors can't get too excited about the new Brexit deal

The British pound and UK stocks shot up on news that UK Prime Minister Boris Johnson had clinched a new Brexit agreement with the European Union. Then the political reality set in.Johnson still needs to get his deal through a…

This startup is saving crops by making 'super bees'

One company wants to help farmers adapt to a world of rapidly declining bee populations.Argentina-based startup Beeflow has developed a special nutrient-packed formula for bees meant to boost their immune systems and make them stronger to work better in colder…

Nestlé has $20 billion to spend on deals or buying back shares

Nestlé shareholders could be in for another $20 billion windfall if the maker of Nespresso and KitKat fails to find businesses worth buying.Nestlé, one of the world's largest food companies, closed a $10.3 billion sale of its skincare business at…

Asia markets get Hong Kong and Huawei boost

Asian markets were mostly quiet Thursday, but Hong Kong stocks climbed after the financial hub gave its real estate sector reason to cheer.China's Shanghai Composite Index traded flat, while Japan's Nikkei 225 inched up 0.1% and South Korea's Kospi edged…