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Thousands of US Amazon staff strike days before Christmas
Thousands of US Amazon staff strike days before Christmas

Thousands of Amazon workers on Thursday launched what they called the "largest strike against Amazon in US history" seeking to maximize pressure on the retail behemoth at the height of the holiday shopping season. In Germany, an affiliate of the union ver.di also launched a stoppage at an Amazon facility in the western part of the country, saying it was operating in solidarity with the US union.

Tariffs could cause 'massive' price increases: Top Biden advisor
Tariffs could cause 'massive' price increases: Top Biden advisor

Sweeping tariffs under consideration by Donald Trump could cause "massive" increases to the cost of producing everyday goods including coffee and chocolate, President Biden's top economic advisor said Thursday. "So you could see a real, massive change in their cost structures, which would lead to massive increases in their prices."