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GM reaches deal to end Canada strike, resume production

Bloomberg General Motors Co. and its union in Canada reached an agreement to resolve an almost monthlong strike, a crucial step towards the largest US automaker resuming production of one if its top models. The carmaker and the Unifor union announced the tentative accord in statements that didn’t give details or say when workers will vote on ratification. Employees at ...

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McKinsey wins $2.5mn contract with Brexit dept

Bloomberg Right as UK Prime Minister Theresa May filed for divorce from the European Union, her Brexit department hired elite management consultancy, McKinsey & Co., to the tune of 1.9 million pounds ($2.5 million) to help get the job done. While the contract was only formally announced in an email, an accompanying excel sheet shows that the consultancy giant was ...

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Wells Fargo gets closer to mortgage securities settlement with regulators

Bloomberg Wells Fargo & Co. is edging closer to a settlement with regulators over the crisis-era mortgage bonds investigation that took a $1 billion chunk out of third-quarter profit, according to Chief Financial Officer John Shrewsberry. “We are now having a negotiation, so it’s a matter of probably months or quarters, not anything more than that,” Shrewsberry said in a ...

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