Edition:
United States

Business

Business Video

UAW head to GM: we invested in you, now invest in us

The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its workforce after the union helped it through a government-led bankruptcy a decade ago.

Senate opens hearing into Facebook plans for Libra cryptocurrency

U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.

Markets

S&P » 3,012.42 -0.06%
Dow » 27,385.73 +0.10%
FTSE 100 » 7,588.81 +0.76%
Nikkei 225 » 21,535.25 -0.69%
US 10YR
+2.132
+0.040
DE 10YR
-0.294
+0.002
JP 10YR
-0.118
+0.003
USD / EUR » 0.8908 +0.29%
USD / GBP » 0.8053 +0.81%
USD / JPY » 108.2600 +0.33%