Latest News From The World
Unifor and Ford have reached a tentative contract deal, averting a strike that would have seen around 5,600 Canadian workers hit the picket lines, and providing a roadmap for an agreement for thousands of other autoworkers employed by General Motors and Stellantis. Unifor National President Lana Payne said the deal addresses the concerns of the membership. “We […]
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019. Annual contribution limits to 401(k)s will increase to $19,000 from $18,500. And the annual contribution to an IRA, last increased in 2013, rises to $6,000 from $5,500. “This is another win for investors […]
Italy’s billionaire Agnelli family raised its holding in Royal Philips NV, giving it a stake worth $4.19 billion, in a signal of increased confidence in the Dutch medical device manufacturer. The Agnellis’ Exor NV now owns 17.51% of Philips, according to a US regulatory filing late Tuesday. It held 16.1% as of May 16 and […]