Charting the Global Economy: US Retail Sales Point to Resilience
A heavy week of US economic data also showed underlying consumer inflation picked up last month, largely due to an acceleration in the cost of services such as airfares.
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Yahoo
20 minutes ago
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Air Canada Suspends ‘All Operations,' Impacting Over 130,000 Customers, amid Ongoing Flight Attendant Strike
The strike involves roughly 10,000 flight attendants NEED TO KNOW Air Canada has "suspended all operations" of Air Canada and Air Canada Rouge flights as of Saturday, Aug. 16, due to roughly 10,000 flight attendants going on strike More than 130,000 customers may now be impacted, the airline said "We appreciate your patience while we work to get you on your way," Air Canada said in a statement Numerous Air Canada flights have been canceled after thousands of flight attendants went on strike. The airline said in a news release that it has 'suspended all operations' for Air Canada and Air Canada Rouge flights as of Saturday, Aug. 16, due to the strike. The release added, however, that Air Canada Express flights will not be affected, as they are 'operated by third-party airlines.' The strike involves roughly 10,000 flight attendants who are members of the Canadian Union of Public Employees (CUPE). Air Canada said the union served the company a 72-hour strike notice on Aug. 13. More than 130,000 customers may now be impacted, per the airline. In response to the strike, Air Canada said in its release that the airline has 'been gradually reducing' its normal schedule of 700 daily flights and is now working to negotiate new terms with CUPE to 'avoid further labor disruption.' In a post on X at around 8 p.m. on Aug. 15, Air Canada said it had cancelled 623 flights, affecting a little more than 100,000 passengers. During bargaining, the airline reportedly offered flight attendants a 38% increase in total compensation over four years, and a 25% raise in the first year, according to the BBC. However, CUPE said the offer was "below inflation, below market value [and] below minimum wage," per the outlet. CUPE later claimed in a statement shared on its website on Aug. 15 that Air Canada had withdrawn from the 'bargaining table' and had 'not returned." The union also alleged that the airline met with Canadian Labor Minister Patty Hajdu to "interfere with the bargaining process.' Hajdu said on Aug. 15, per Reuters, that she met with Air Canada and CUPE and urged both sides to continue negotiations in order to reach a deal and avert a then-potential strike. Now, because of the strike, Air Canada has told customers 'not to go to the airport unless they have a confirmed ticket on an airline other than Air Canada or Air Canada Rouge.' The airline added in a separate memo that travelers who are booked for Air Canada flights between Aug. 15 to Aug. 19 can change their flight for free, if they purchased a ticket or redeemed their points before Aug. 14. Air Canada added that those who booked a 'non-refundable' fare can cancel their itinerary and receive credit to use for future bookings. 'We appreciate your patience while we work to get you on your way,' the airline said in a statement. Read the original article on People Solve the daily Crossword
Yahoo
36 minutes ago
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The United Steelworkers union condemns federal government interference in flight attendants' bargaining rights
TORONTO, Aug. 16, 2025 (GLOBE NEWSWIRE) -- United Steelworkers union (USW) National Director, Marty Warren, issued the following statement on the federal government's decision to intervene in the labour dispute between Air Canada and its flight attendants: 'By stepping in to shut down these negotiations and force workers back to work, the federal government is denying flight attendants their constitutional right to bargain collectively and, if necessary, to take strike action. This is a serious attack on workers' rights and sets a dangerous precedent that should worry all workers in Canada. We've seen this movie before – WestJet mechanics, CN Rail and CPKC workers, and Canada Post workers – and it always ends the same way: delayed settlements, employers emboldened to hold out for concessions and worse outcomes for workers. The best deals are reached at the bargaining table, not through political interference that weakens the voices of workers. Flight attendants have been negotiating in good faith to address serious concerns about wages, scheduling, unpaid time and working conditions. They deserve the chance to reach a fair and negotiated settlement, free from government actions that always tip the scales in favour of the employer. We stand in solidarity with CUPE flight attendants in their fight for respect, equitable labour conditions, and a fair collective agreement. Ottawa's choice to undermine the bargaining process is an unacceptable assault on free collective bargaining rights. This decision not only weakens these workers, but also those who depend on fair negotiations to protect their jobs and working conditions.' About the United Steelworkers union The USW represents 225,000 members in nearly every economic sector across Canada and is the largest private-sector union in North America, with 850,000 members in Canada, the United States and the Caribbean. Each year, thousands of workers choose to join the USW because of the union's strong track record in creating healthier, safer and more respectful workplaces and negotiating better working conditions and fairer compensation – including good wages, benefits and pensions. For more information, please contact:Denis St. Pierre, USW Communications Department - dstpierre@ / 647-522-1630Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
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The United Steelworkers union condemns federal government interference in flight attendants' bargaining rights
TORONTO, Aug. 16, 2025 (GLOBE NEWSWIRE) -- United Steelworkers union (USW) National Director, Marty Warren, issued the following statement on the federal government's decision to intervene in the labour dispute between Air Canada and its flight attendants: 'By stepping in to shut down these negotiations and force workers back to work, the federal government is denying flight attendants their constitutional right to bargain collectively and, if necessary, to take strike action. This is a serious attack on workers' rights and sets a dangerous precedent that should worry all workers in Canada. We've seen this movie before – WestJet mechanics, CN Rail and CPKC workers, and Canada Post workers – and it always ends the same way: delayed settlements, employers emboldened to hold out for concessions and worse outcomes for workers. The best deals are reached at the bargaining table, not through political interference that weakens the voices of workers. Flight attendants have been negotiating in good faith to address serious concerns about wages, scheduling, unpaid time and working conditions. They deserve the chance to reach a fair and negotiated settlement, free from government actions that always tip the scales in favour of the employer. We stand in solidarity with CUPE flight attendants in their fight for respect, equitable labour conditions, and a fair collective agreement. Ottawa's choice to undermine the bargaining process is an unacceptable assault on free collective bargaining rights. This decision not only weakens these workers, but also those who depend on fair negotiations to protect their jobs and working conditions.' About the United Steelworkers union The USW represents 225,000 members in nearly every economic sector across Canada and is the largest private-sector union in North America, with 850,000 members in Canada, the United States and the Caribbean. Each year, thousands of workers choose to join the USW because of the union's strong track record in creating healthier, safer and more respectful workplaces and negotiating better working conditions and fairer compensation – including good wages, benefits and pensions. For more information, please contact:Denis St. Pierre, USW Communications Department - dstpierre@ / 647-522-1630Sign in to access your portfolio
