SEATTLE, June 27 (Reuters) - Boeing's ( BA ) recent financial and production challenges following a January mid-air panel blow out will not change their workers' readiness to strike to make gains in bargaining, their union local president told Reuters on Thursday. The International Association of Machinists and Aerospace Workers (IAM), which represents over 30,000 Washington state workers building Boeing...

June 28 (Reuters) - Insurance Australia Group ( IAUGF ) said on Friday that it has purchased reinsurance protection from Berkshire Hathaway ( BRK/A ) and Canada Life Reinsurance to mitigate natural perils volatility for the next five years. The insurance giant also confirmed it is on track to achieve FY24 reported insurance profit and margin around the upper end...

BOSTON, June 27 (Reuters) - Uber Technologies ( UBER ) and Lyft ( LYFT ) will pay $175 million and implement a $32.50 hourly minimum wage for drivers in Massachusetts to settle the state's lawsuit accusing them of improperly treating drivers as independent contractors who can legally receive lower compensation than employees, the state's attorney general said on Thursday. The...

SEATTLE (Reuters) - Boeing's ( BA ) recent financial and production challenges following a January mid-air panel blow out will not change their workers' readiness to strike to make gains in bargaining, their union local president told Reuters on Thursday. The International Association of Machinists and Aerospace Workers (IAM), which represents over 30,000 Washington state workers building Boeing ( BA...