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September, 30, 2016

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Business > Americas
Union launches boycott of Trump companies amid Vegas dispute
Union members are calling on the public to boycott Republican presidential nominee Donald Trump's businesses nationwide because he isn't negotiating a contract with the more than 500 eligible workers at his high-rise Las Vegas hotel.
 
The Swiss private banking giant UBS has agreed to pay $15 million to settle US allegations of selling risky derivative investments to thousands of unsophisticated investors, US market regulators said Wednesday.
 
Puerto Rico finds unexpected source of growth in agriculture
Puerto Ricans are buying rice produced on the island for the first time in nearly 30 years. They are also eating locally grown mushrooms, kale and even arugula, along with more traditional crops such as plantains and pineapples.
 
The U.S. Department of Labor has filed a lawsuit accusing a fast-growing Silicon Valley software company of systematically discriminating against Asian job applicants.
 
Will boom in loans at US retailers turn to bust?
They sell diamond rings in malls and used cars at dealerships, make wrench sets for mechanics and giant combines for farmers.
 
Bank of America will lay off 20 senior investment bankers in Asia due to slowing activity in the region, a person familiar with the matter said Monday.
 
From real estate, to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year.
 
US grants Airbus, Boeing a chance to sell airplanes to Iran
The U.S. government granted aviation giants Airbus and Boeing permission on Wednesday to sell aircraft to Iran following last year's nuclear accord.
 
The Federal Reserve kept its benchmark interest rate unchanged for the sixth straight meeting Wednesday, saying it needs to see a bit more sign of strength in the U.S. economy.
 
Colonial Pipeline has restarted the gasoline pipeline in Alabama that was shut down after a major leak, which caused shortages and surging fuel prices across the South.
 
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