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Amazon workers strike at multiple delivery hubs

Amazon workers affiliated with the Teamsters union launched a strike at seven of the company's delivery hubs less than a week before Christmas.

The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines on Thursday after Amazon ignored a Sunday deadline the union had set for contract negotiations.

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Rising butter prices give European consumers and bakers a bad taste

Pastry chef Arnaud Delmontel rolls out dough for croissants and pains au chocolat that later emerge golden and fragrant from the oven in his Paris patisserie.

The price for the butter so essential to the pastries has shot up in recent months, by 25% since September alone, Delmontel says. But he is refusing to follow some competitors who have started making their croissants with margarine.

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Germany hopes thousands of Syrian doctors who work there will stay after Assad fall

Thousands of Syrian doctors work in Germany, and the fall of Bashar Assad is raising concern over the potential consequences for the health sector if many of them were to return home.

Germany became a leading destination for Syrian refugees over the past decade, and some politicians were quick to start talking about encouraging the return of at least some after rebels took Damascus earlier this month. Others noted that the exiles include many well-qualified people and said their departure would hurt Germany — particularly that of doctors and other medical staff.

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Trump delivers death blow to bipartisan budget deal with Musk help

President-elect Donald Trump delivered a likely death blow to bipartisan congressional budget negotiations on Wednesday, rejecting the measure as full of giveaways to Democrats after billionaire ally Elon Musk whipped up outrage toward the bill and cheered on Republican lawmakers who announced their opposition.

Trump's joint statement with Vice President-elect JD Vance, which stopped the bill in its tracks, punctuated a daylong torrent of social media posts by Musk attacking the legislation for what he described as excessive spending.

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Nissan, Honda confirm talks on closer collaboration but no decision on merger

Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger.

Nissan's share price soared nearly 24% in Tokyo after reports citing unnamed sources said it might merge with Honda to form the world's third-largest automaking group. Honda's share price fell as much as 3%. Nissan alliance member Mitsubishi Motors Corp. is also part of the talks.

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Iran's rial hits record low, battered by regional tensions and energy crisis

The Iranian rial on Wednesday fell its lowest level in history, losing more than 10% of its value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the wars raging in the Middle East.

The rial traded at 777,000 rials to the dollar, traders in Tehran said, down from 703,000 rials on the day Trump won.

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Trump to announce $100B SoftBank investment in the US

President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.

Trump is set to speak at his Mar-a-Lago resort at 11 a.m., marking the first time he will address reporters since he won the election last month.

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States could see crypto policy blitz in 2025 in spite of risks

The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it.

Proponents of the uniquely volatile commodity argue it is a valuable hedge against inflation, similar to gold.

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With Assad gone, Syrian pound starts to recover

The Syrian pound has begun to recover against the dollar after president Bashar al-Assad's ouster, moneychangers and traders said Monday as foreign currencies again became available on the local market.

On December 7 -- the day before Damascus fell to a rebel coalition led by the Islamist Hayat Tahrir al-Sham group -- the rate had plunged to 30,000 pounds to the dollar, halving the value of the local currency compared to just months previously.

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Elon Musk wants to turn SpaceX's Starbase site into a Texas city

SpaceX is launching a new mission: making its Starbase site a new Texas city.

Billionaire Elon Musk 's company on Thursday sent a letter to local officials requesting an election to turn what it calls Starbase — the South Texas site where SpaceX builds and launches its massive Starship rockets — into an incorporated city. Residents of the area known as Starbase submitted the petition, according to the company.

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