Prices

U.S. Chamber Sues Seattle to Prevent Uber Drivers From Unionizing

Uber has a natural enemy of government agencies threatening to impose labor regulations. But the ride-sharing company now has a big ally in the U.S. Chamber of Commerce (USCC), which sued the city of Seattle for passing a law that allows ride-sharing and taxi drivers to unionize. “The ordinance will burden innovation, increase prices, and reduce quality and services for consumers,” the agency …


Freeport Outlook Dims as Oil Drop Compounds Debt Woes

Phoenix-based mining giant Freeport-McMoRan has endured a riches-to-rags turnaround. Things might stay depressed for a while longer. Freeport-McMoRan(Photo: Courtesy of Freeport-McMoRan)
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Three years ago, the roughly 4-percent dividend yield paid by Freeport-McMoRan Inc. looked like a pretty good deal — and plenty safe.


Goldman, JPMorgan, Glencore Defeat U.S. Lawsuit Over Zinc Prices

A U.S. judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and Glencore Plc (GLEN.L) of conspiring to drive up the metal’s price. In an 87-page decision, U.S. District Judge Katherine Forrest in Manhattan said purchasers failed to show that the defendants artificially inflated zinc …


Goldman, JPMorgan, Glencore Defeat U.S. Lawsuit Over Zinc Prices

A U.S. judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and Glencore Plc (GLEN.L) of conspiring to drive up the metal’s price. In an 87-page decision, U.S. District Judge Katherine Forrest in Manhattan said purchasers failed to show that the defendants artificially inflated zinc …