Railroad workers have reached a new tentative union contract with rail companies, averting a potential strike set to start on Friday that could have shut down rail service across the United States. The deal, which has yet to be released in writing and ratified by union members, is said to grant one paid sick day to workers, allow workers to attend medical appointments without being subject to attendance policies, and give a “semblance of a schedule” to rail workers, who are currently on call to work 24/7.
Corruption
Prem Sikka: The ‘Big Four’ accounting firms should be broken up
Britain goes from one massive accounting scandal to the next. There are two parallels: The reports were egregiously wrong and the accounting firms earned loads of money for these reports. Read here
Economics
DeStatis – Germany: Manufacturing in November 2022: new orders down 11% year on year
This is not good news for a mercantilist nation: Real (price adjusted) new orders in manufacturing decreased by 5.3% on a seasonally and calendar adjusted basis in November 2022 compared with October 2022, according to […]
EU politics
Maurizio Molinari: Italy’s battle with Brussels is about more than money
The unlikely coalition running Italy has one thing that unites it – hostility to the EU Read here
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