France to press General Electric on job pledges: minister
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he would press General Electric’s new chief executive to stick to French job creation pledges made by the…
Powell: U.S. outlook ‘remarkably positive’ with low unemployment, tame inflation
BOSTON (Reuters) – U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy that he feels is on the verge of a “historically…
Fed likely to lift rates, possibly end ‘accommodative’ policy era
WASHINGTON (Reuters) – With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will…
Uber’s strongest growth comes in depressed Argentina — minus commissions
BUENOS AIRES/SAO PAULO (Reuters) – Uber’s fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation’s sudden economic unraveling, which has boosted unemployment…
U.S. agency accuses Walmart of pregnancy discrimination in lawsuit
(Reuters) – The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers at a Wisconsin warehouse to go on unpaid leave and…
Under Armour cuts 400 more jobs in turnaround push
(Reuters) – Under Armour Inc (UA.N) (UAA.N) said on Thursday it was cutting about 400 jobs, or 3 percent of its workforce, as part of the sportswear maker’s efforts to…
May wraps ‘suicide vest’ around UK over Brexit, says Johnson
LONDON (Reuters) – Prime Minister Theresa May’s Brexit deal wraps “a suicide vest around the British constitution” and hands the detonator to the European Union, former foreign secretary Boris Johnson…
Chequers plan is only deal on the table with EU: Britain’s Javid
LONDON (Reuters) – British interior minister Sajid Javid said on Sunday that the prime minister’s so-called Chequers plan was the only one on the table with the European Union, suggesting…
Novartis sells U.S. generics assets to India’s bargain-hunting Aurobindo
ZURICH/BENGALURU (Reuters) – New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s Aurobindo…
NZ’s Restaurant Brands to exit Starbucks business in New Zealand
(Reuters) – Restaurant Brands New Zealand Ltd (RBD.NZ) said on Monday it would not renew its license deal with Starbucks Corp (SBUX.O) when it expires in October. Customers pass by…