Business

Trump touts 'fantastic' TikTok deal with Walmart and Oracle

Popular video app TikTok announced Saturday it has proposed an agreement with Oracle as its US technology provider and Walmart as a commercial partner, a potential deal US President Donald Trump touted as "fantastic."

Business

GM strike negotiations take 'turn for the worse': union

Negotiations to resolve a three-week-old strike at General Motors for better pay, benefits and job security have taken "a turn for the worse," a top negotiator with the United Autoworkers Union said Sunday.

Business

GM's offer to UAW would add lower-paying jobs

A General Motors offer to invest $7 billion in U.S. facilities includes $2 billion from joint ventures and suppliers for new plants that would pay workers less than the top union wage, a person briefed on the matter said.