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  • SmartAsset

    Why Do I Keep Getting Denied a Loan Even Though I'm High-Net Worth?

    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.

  • Reuters

    Starbucks and US workers' union meet for contract negotiations

    The coffee chain and Workers United, that represents Starbucks workers in the United States, began negotiations this week on what they called a "foundational framework" to guide union organizing and collective bargaining across the country. Workers at more than 420 of Starbucks' 9,000 U.S. stores have voted to unionize since 2021. "We discussed a broad range of topics, including ... details relating to the union's representation of partners as both sides worked on the foundational framework that will contribute to single-store contract negotiations and ratification," Starbucks and the union said in a joint statement on Friday.

  • Reuters

    UPDATE 1-General Motors to shut manufacturing operations in Colombia, Ecuador -statement

    Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at company's Colmotores plant in Colombia from Friday, it said, while operations will halt at its factory in Ecuador at the end of August. In Colombia, the company is seeking permission from the labor ministry to lay off 850 workers, a spokesperson said.