SK Hynix workers narrowly rejected a wage agreement by just 25 votes, with 50.08% opposing the proposed 6.3% pay hike and revised bonus structure. Resistance centred on receiving 60% of bonuses in shares amid stock volatility. The decision comes as strong AI-…
In 2024, 84 percent of federal revenue came from either individual taxes or payroll taxes, both of which are collected from worker income. Artificial intelligence replacing human labor could sharply reduce that revenue, especially if workers are not reemploye…
Asian shares are mostly lower after U.S. stocks drifted to a mixed finish ahead of potentially market-moving events later in the week
Porsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal supports digital transformation, but weaker quarterly revenue, China competition, tariffs, EV costs and Volkswagen restru…
Major stock indexes in the Asia-Pacific region traded mostly higher on Tuesday as anticipation for Nvidia earnings grew, with investors likely hoping to see strong numbers that could help put AI spend...
