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Canada labor minister presses Air Canada, union to intensify talks to resolve dispute

Canada labor minister presses Air Canada, union to intensify talks to resolve dispute

(Reuters) -Canadian Labor Minister Patty Hajdu said on Friday that she met jointly with Air Canada and the Canadian Union of Public Employees (CUPE), urging both sides to work harder and remain at the negotiating table to reach a deal and avert a potential strike. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.AC: A Bull or Bear Market Play?Don't ...

2025-08-16 22:12:52
OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says

OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says

By Juby Babu (Reuters) -Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT maker’s shares to investors including SoftBank Group and Thrive Capital, a source familiar with the matter told Reuters on Friday. The potential deal would value the company at $500 billion, up from $300 billion currently, underscoring both OpenAI’s rapid gains in users and ...

2025-08-16 22:10:22
Air Canada, flight attendants deadlocked with strike looming

Air Canada, flight attendants deadlocked with strike looming

By Allison Lampert and Rajesh Kumar Singh MONTREAL (Reuters) -The prospect of a system-wide work stoppage by Air Canada’s unionized flight attendants loomed large on Friday with a strike deadline just hours away, despite a government plea for both sides to return to the bargaining table. Canada’s largest carrier said in a post on X the operational wind-down due to the impending industrial acti ...

2025-08-16 22:07:54
Air Canada cabin staff go on strike, grounding hundreds of flights

Air Canada cabin staff go on strike, grounding hundreds of flights

MONTREAL (Reuters) -Air Canada’s unionized flight attendants walked off the job early on Saturday morning after pay talks with the country’s largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers. The union representing more than 10,000 Air Canada flight attendants confirmed the 72-hour stoppage in a social media post just before 0100 ...

2025-08-16 22:05:42