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Fed guessing game intensifies while West isolates Russia

By Robin Emmott BRUSSELS (Reuters) – The guessing game over U.S. interest rates is likely to intensify this week after new Fed Chair Janet Yellen raised the prospect of a hike early next year, while Russia's annexation of Crimea will keep investors focused on its next move. In a week heavy with diplomacy – U.S. President Barack Obama will meet Chinese counterpart Xi Jinping on Monday in The Hague – markets will seek clarity from the U.S. Federal Reserve on its monetary policy and from Russia over its intentions in Ukraine.

Loss at Volkswagen plant upends union’s plan for U.S. South

By Bernie Woodall CHATTANOOGA, Tennessee (Reuters) – In a stinging defeat that could accelerate the decades-long decline of the United Auto Workers, Volkswagen AG workers voted against union representation at a Chattanooga, Tennessee plant, which had been seen as organized labor's best chance to expand in the U.S. South. The loss, 712 to 626, capped a sprint finish to a long race and was particularly surprising for UAW supporters, because Volkswagen had allowed the union access to the factory and officially stayed neutral on the vote, while other manufacturers have been hostile to organized labor. UAW spent more than two years organizing and then called a snap election in an agreement with VW.