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Microsoft, Alphabet Earnings Lay Bare the AI Hype Why Patience Is Needed

Banc of California to buy PacWest in all-stock deal, UPS reaches labor agreement to avert looming union strike, and other news to start your day.

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Cal-Maine Foods Reports Results for Fourth Quarter and Fiscal Year 2023

Cal-Maine Foods Reports Results for Fourth Quarter and Fiscal Year 2023
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Transcripts for MSNBC Andrea Mitchell Reports 20240604 16:46:00

of the destabilizing affect. many of us know him fairly well from his days as chinese ambassador to the united states. we will perhaps learn more, but i don t think the future of the foreign minister former is very bright. i knew him as an ambassador here. a lot of our colleagues knew him in london as an ambassador there. he was a rising star but a tough guy who spoke for president xi, but no longer. we have breaking news for hundreds of thousands of u.p.s. employees. this affects our economy in a huge way. they have reached a tentative agreement on a new five-year labor deal, likely averting a strike and a major hit to the national supply chain this summer. the agreement will be subject to voting and ratification by union members. it s a major crisis approaching

U sForeign ministerRising starPresident xiHundreds of thousandsLabor dealSupply chain

FedEx pilots reject new labor deal

FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%. The post FedEx pilots reject new labor deal appeared first on FreightWaves.

United statesJohn dietrichLos angelesChris normanLine pilots associationPilots at hawaiian airlinesNational mediation boardAmerican airlinesUnited airlinesFedex expressAir line pilots associationNational mediationAtlas airDelta air linesHawaiian airlinesAir line pilots association

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:39:00

there are picket lines happening right now in los angeles and hawaii and atlanta, and they re scheduled for all this week. jose, we re just going to have to see if there s any breakthrough with negotiations. i also want to tell you the association of studios, which includes nbc universal, they essentially say that this is the union s choice, not ours. they also say rather than continuing to negotiate, sag-aftra has put us on a course that will deepen the financial hardship for thousands who depend on the industry for their livelihoods. jose. lindsey reiser in new york, thank you very much. as we cover hollywood s strike, united airlines struck a deal with a key group of employees, while another big company u.p.s. may be facing a walkout. cnbc s dominic chu is with us this morning. good to see you. let s talk first about the deal between united airlines and its pilots. yeah, jose, so the broad strokes here are for a four-year labor deal, jose, that would include up to 40% pay raises

Picket linesAssociation of studiosLos angelesNbc universalPilots unionSag aftraNew york cityUnited airlinesDominic chuLindsey reiserLabor deal