Shell, Oil Workers Continue Talks Amid Strike

Posted On February 04, 2015

(Undated) -- Negotiations are back on today between Shell and union oil workers over a new wage contract. The two sides have been at an impasse since the United Steelworkers union called for a strike on Sunday. Union leaders say talks yesterday made "no progress," while Shell called them "productive." The union has rejected five…

Hourly GM Employees To Get Large Profit Sharing Bonus

Posted On February 04, 2015

(Detroit, MI) -- General Motors hourly employees will be receiving profit sharing checks of around nine-thousand dollars later this year. The company reported a profit of two-point-eight-billion dollars for 2014 despite the massive recall of vehicles for defective ignition switches. By comparison, hourly employees at Ford Motor Company will be receiving a profit sharing bonus…

Report: Private Sector Added 213,000 Jobs In January

Posted On February 04, 2015

(Washington, DC) -- More companies were hiring in January, but the numbers fell short of expectations. Payroll outsourcing provider ADP reports 213-thousand new jobs in the month, about 12-thousand less than economists had predicted. Even though the report was below expectations, economists say it still points towards positive job growth in the U.S.

Staples To Buy Office Depot For $6.3 Billion

Posted On February 04, 2015

(Undated) -- Staples is buying Office Depot in a move to create an office retail giant. The plan has Staples paying six-point-three-billion dollars in an effort to compete with online retailers like Amazon. The companies have about four-thousand stores between them and annual sales of over 35-billion dollars. Both retailers are feeling the pressure on…

New Batteries Are Partly Made From Old Batteries

Posted On February 04, 2015

(Undated) -- Energizer is making what it calls the world's first double-A "super-premium" battery, made partly out of old batteries. The company says their "EcoAdvanced" Energizer battery is made out of four-percent recycled batteries. They say it's the first step in their effort to cut back their environmental impact on the planet. They add that…