Today's Logistics Report: Staffing the Railroads; Scoping Out Emissions; E-Commerce Upstarts #press
UAW Poised to Expand Strike to More Auto Plants The union would identify the factories Friday morning, barring any last-minute signs of significant movement in labor-contract talks with GM, Ford and Stellantis. #press https://www.wsj.com/articles/uaw-poised-to-expand-strike-to-more-auto-factories-98f0a9af?utm_source=press.coop
Did Poverty Soar Last Year? It Depends How You Measure It Divergent indicators on income, food insecurity and health show how difficult it is to capture the rate with a single number. #press https://www.wsj.com/articles/did-poverty-soar-last-year-it-depends-how-you-measure-it-6d19d07f?utm_source=press.coop
Investec Forecasts Solid Rise in Profits Investec expects to report first-half adjusted profits of up to £450 million, driven by strong results in the U.K. and South Africa, and sees its return on equity meeting its guidance. #press https://www.wsj.com/articles/investec-expects-profits-to-rise-return-on-equity-to-meet-targets-d8a18c99?utm_source=press.coop
Sanofi Faces Third-Quarter Forex Hit Sanofi estimates a currency impact on third-quarter business earnings per share of 8.5%-9.5% and expects sales to reduce by up to 8.5%. #press https://www.wsj.com/articles/sanofi-expects-currency-hit-to-sales-earnings-ea705636?utm_source=press.coop
Microsoft's Activision Deal Moves Closer as U.K. Regulator Accepts Changes The U.K. Competition and Markets Authority said that a new deal submitted by Microsoft should lessen any harm to competition in cloud gaming. #press https://www.wsj.com/articles/microsofts-activision-deal-moves-closer-as-u-k-regulator-accepts-changes-fdb0ef45?utm_source=press.coop
U.S. 10-Year Treasury Yield Could Rise Further, Charts Show The U.S. 10-year Treasury yield was highly likely to rise further over the next two months, based on technical charts, UOB said. #press https://www.wsj.com/articles/u-s-10-year-treasury-yield-could-rise-further-charts-show-7414c395?utm_source=press.coop
Microsoft's Revised Activision Deal Lessons Competition Concerns The U.K. antitrust authority said the new deal submitted by Microsoft addresses competition concerns in cloud gaming, and it opened a consultation on residual concerns it has before making a final decision on the acquisition. #press https://www.wsj.com/articles/microsofts-revised-activision-deal-addresses-competition-concerns-says-uk-regulator-55495485?utm_source=press.coop
A federal program that provides critical flood insurance is set to lapse unless renewed by the end of the month, potentially stranding new home buyers in need of coverage. A federal program that provides critical flood insurance is set to lapse unless renewed by the end of the month, potentially stranding new home buyers in need of coverage.  #press https://www.wsj.com/real-estate/flood-insurance-program-faces-a-backlashand-a-deadline-79c7de0e?utm_source=press.coop
The Bank of England left its key interest rate unchanged for the first time since November 2021 amid signs inflation is cooling and the U.K.'s economy is teetering on the brink of contraction. The Bank of England left its key interest rate unchanged for the first time since November 2021 amid signs inflation is cooling and the U.K.’s economy is teetering on the brink of... #press https://www.wsj.com/economy/central-banking/bank-of-england-rate-decision-september-87d20f5a?utm_source=press.coop