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Amazon workers’ vote sends message to union

Workers at Amazon’s warehouse in Bessemer, Alabama, voted by a margin of more than two to one not to join a union. It’s a heavy blow for the Retail, Wholesale and Department Store Union, for the wider labour movement, and for the many politicians and activists who wanted the union’s push to succeed. But the workers have spoken — and ...

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Bond traders are falling for Treasuries again

US Treasuries aren’t exactly an asset class that people should want to root for. Sure, there are any number of bond bulls who see ultra-low yields as a permanent fixture of a world beset by aging demographics and rapid technological change. But hoping for a strong and inclusive global economy, which I’d like to think most everyone wants to see, ...

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Boeing sticks with Calhoun as potential successor exits

Bloomberg Boeing Co is sticking with Chief Executive Officer Dave Calhoun to guide the company through a long and uncertain recovery, while parting ways with a potential contender for his job. The company’s board raised Calhoun’s retirement age to 70, citing the 64-year-old’s “substantial progress” in ending the 737 Max grounding and bringing the planemaker back from the Covid-19 pandemic. ...

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