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October, 1, 2016

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Business > Americas
Wealth, but fears of problems, as Guyana finds oil
Sleepy Guyana has long been one of the hemisphere's poorest places, a sparsely populated nation on South America's northern shoulder that relies heavily on exports of sugar, rice and gold.
 
U.S. employers slowed their hiring in August and barely raised wages. They added a modest 151,000 jobs, about half the blockbuster gains of the two previous months.
 
U.S. sales of new cars and trucks were expected to drop in August, ending summer on a low note for the auto industry and making it less likely that this year's auto sales will match the record set in 2015.
 
The U.S. dollar edged down against the yen Thursday, snapping a week-long winning streak as traders await jobs data that could seal the case for a September U.S. interest rate hike.
 
The National Labor Relations Board is ordering Volkswagen to engage in bargaining with a group of skilled-trades workers who voted to be represented by the United Auto Workers union at the German automaker's lone U.S. plant in Tennessee.
 
The pace of gains in U.S. home prices slowed in June but solid demand and tight supplies should keep a floor on the market, analysts said Tuesday.
 
Asian, Vegas investors bet big on Sin City's Chinese tourism
Sin City and Asian investors are going all in on Chinese tourism, as some of Las Vegas' latest developments on and off the Strip target Chinese nationals and Chinese-Americans.
 
Farmers' overtime bill heads to California governor
Four decades after he signed the nation's first law giving farmworkers collective bargaining rights, California Governor Jerry Brown will again consider a historic proposal calling for farmworkers to receive the same overtime pay as other hourly workers, after the Assembly approved legislation Monday to phase in the change.
 
The U.S. dollar added to its gains Monday after U.S. Federal Reserve boss Janet Yellen suggested an interest rate hike this year was still on the table.
 
The start this week of the first regularly scheduled commercial flights from the United States augurs the likely demise of Cuba's "mules" -- suppliers of last resort for scarce consumer goods on the island.
 
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