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Yoga Instructors Are Unionizing

NPR’s Sacha Pfeiffer speaks with yoga instructor Markella Los about forming the first yoga union in the United States. SACHA PFEIFFER, HOST: Yoga is a very big business in this country. Americans spend billions of dollars annually on yoga classes, but many instructors say they’re not getting their fair share. So next week, more than a hundred yoga teachers who ...

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Exclusive: Sempra nears $3 billion Chile sale to China's State Grid – sources

(Reuters) – U.S. power company Sempra Energy (SRE.N) is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion, the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday. FILE PHOTO: Sempra Energy headquarters is pictured in downtown San Diego, California, U.S., May ...

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QE on the QT? Fed says no, economists say maybe so

(Reuters) – Stop with the “50 Bs.” Start with the 60. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo The U.S. Federal Reserve’s quick pivot from shrinking its balance sheet by around $50 billion per month to now expanding by $60 billion monthly, has shown both the difficulty the Fed ...

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Boeing board strips CEO of chairman title amid 737 MAX crisis

(Reuters) – Boeing Co’s (BA.N) board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announced by the U.S. planemaker on Friday only hours after a global aviation panel criticized development of the troubled 737 MAX. FILE PHOTO: Boeing Chairman, President and CEO Dennis Muilenburg speaks at the New York Economic club luncheon in ...

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Volkswagen mulling sale or stock listing for Lamborghini: Bloomberg

FILE PHOTO: A Lamborghini logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy (Reuters) – Volkswagen (VOWG_p.DE) is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter. Chief Executive Herbert Diess in March said Volkswagen was ...

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PG&E turns down San Francisco's $2.5 billion offer to buy assets

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – PG&E Corp rejected a $2.5 billion offer from San Francisco to buy the bankrupt Californian company’s power lines and other infrastructure within the city, calling the offer inadequate. The offer significantly undervalued the assets and ...

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U.S. SEC halts Telegram's $1.7 billion digital token offering

FILE PHOTO: The Telegram app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration NEW YORK (Reuters) – U.S. authorities said on Friday they have halted a $1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary. The Securities and Exchange Commission said it had ...

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UAW boosts strike pay as GM walkout continues

WASHINGTON (Reuters) – The United Auto Workers union said Saturday it will boost strike pay for 48,000 hourly workers at General Motors Co (GM.N) by $25 a week to $275 as a strike against the largest U.S. automaker nears the end of its fourth week. Striking union auto workers walk the picket line outside the General Motors Flint Truck Assembly ...

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Lyft follows Uber in suing NYC over cruising time caps

FILE PHOTO: A Lyft bicycle is shown at the Lyft listing on the Nasdaq during an IPO event in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Lyft Inc (LYFT.O), following its rival Uber’s (UBER.N) move, has sued New York City seeking to nullify a new rule limiting the time its drivers are allowed to spend ...

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Citi pays $30 million fine to settle real-estate violations: regulator

FILE PHOTO: A Citibank branch is seen in Santa Monica, California, U.S. March 19, 2018. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the Comptroller of the Currency ...

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