(Reuters) - The U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere, alleging it illegally drives up repair costs by forcing farmers to rely on its authorized dealer network. The administration of Joe Biden has targeted what it sees as anti-competitive practices in agriculture, ranging from improving the treatment of chicken farmers by meat processing companies to increasing...

10:56 AM EST, 01/15/2025 (MT Newswires) -- The United Airlines (UAL) Teamsters union said Wednesday it will resume negotiations with the carrier this week. After reaching tentative agreements on non-economic proposals last month, the United Airlines Teamsters national negotiating committee is now working on winning historic wage increases, substantially lower health care costs, and a faster wage progression for new...

10:55 AM EST, 01/15/2025 (MT Newswires) -- Arcos Dorados ( ARCO ) said Wednesday it started an offer to buy for cash all of its outstanding 5.875% notes due 2027. The outstanding principal amount on the notes is about $386 million, the company said. The the notes will be purchased for a consideration of $1,000 per outstanding principal amount along...

WASHINGTON (Reuters) - President-elect Donald Trump's nominee to head the U.S. Transportation Department said Wednesday electric vehicles should pay to use roads. Most revenue for federally-funded road repairs is collected through taxes on diesel and gasoline, which EVs do not pay. They should pay for use of our roads. How to do that, I think, is a little more challenging,...