Abbott revenue misses as heart devices eclipse diabetes gains

Reuters | Oct 16, 2019 at 6:47 PM

Abbott Laboratories fell just short of Wall Street estimates for quarterly revenue on Wednesday, as weakness in the medical device maker’s cardiovascular business overshadowed strong performance in its fast-growing diabetes care unit.

UAW, GM leaders have a deal to end strike, now workers will decide

Reuters | Oct 16, 2019 at 6:47 PM

General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a costly month-long strike that shut down GM’s most profitable factories in a test of wills over the future of U.S. auto industry jobs.

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  • UAW, GM leaders have a deal, now workers will decide (Reuters: Oct 16, 2019 at 5:50 PM)

Weak U.S. retail sales cast shadow over slowing economy

Reuters | Oct 16, 2019 at 6:42 PM

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.

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  • Weak U.S. retail sales cast pall over slowing economy (Reuters: Oct 16, 2019 at 5:16 PM)

Asian metropolises top list of world’s greenest commuter cities

Euronews | Oct 16, 2019 at 5:02 PM

Three Asian metropolises – Tokyo, Beijing and Singapore – are the world’s leading environmentally-friendly commuting cities, a report to be released by data insight company Kantar on Thursday says.

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  • Asian metropolises top list of world’s greenest commuter cities (Reuters: Oct 16, 2019 at 2:51 PM)

GM reaches tentative labor deal with UAW union to end strike

Reuters | Oct 16, 2019 at 4:35 PM

General Motors Co and the United Auto Workers union have reached a tentative agreement for a new labor deal to end a month-long nationwide strike by about 48,000 hourly workers, the union said on Wednesday.

GM, UAW reach tentative deal to end month-long strike

Reuters | Oct 16, 2019 at 4:33 PM

General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike that had drawn the attention of U.S. President Donald Trump and potential Democratic rivals in the 2020 presidential election.

More sources
  • GM, UAW reach tentative deal to end strike (Reuters: Oct 16, 2019 at 3:48 PM)
  • GM, UAW reach tentative deal to end strike (Reuters: Oct 16, 2019 at 4:13 PM)
  • GM, UAW reach tentative deal to end strike (Reuters: Oct 16, 2019 at 4:00 PM)

ASML: fizzy logic

Financial Times | Oct 16, 2019 at 4:17 PM

…the new technology . It has orders for 23 machines, each the size of a bus and costing €120m apiece. The new machines overcome the limitations inherent in using light to produce patterns on silicon. The…