Monday, October 9, 2023

4,000 Mack Truck workers in U.S. walk off the job, joining UAW fight

A bulldog hood ornament is shown on a Mack Truck on the assembly line.

Union workers at Mack Trucks went on strike Monday after voting down a tentative five-year contract agreement that negotiators had reached with the company.



source https://www.cbc.ca/news/business/uaw-mack-truck-1.6990869?cmp=rss

Oil price surges 5% as attack on Israel prompts escalation fears

A woman is shown outside the Tel Aviv Stock Exchange building.

Oil prices jumped and stock markets around the world mostly slumped fter deadly attacks by Hamas from the Gaza Strip prompted Israel to declare war. The price of a barrel jumped by almost $5 on Monday, mostly on concerns that the volatile situation could ensnare more countries in the Middle East.



source https://www.cbc.ca/news/business/israel-markets-oil-1.6990831?cmp=rss

Economist studying workplace gender gap wins Nobel prize

The winner of the Nobel prize in economics is shown on a screen.

The Nobel economics prize was awarded Monday to Claudia Goldin, a professor at Harvard University, for advancing the understanding of the gender gap in the labour market.



source https://www.cbc.ca/news/world/nobel-economics-1.6990802?cmp=rss