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‘He Has The Political Mandate’: Companies Scramble To Respond To Trump’s ‘Beautiful’ Tariff Hikes
Companies are scrambling to respond to President-elect Donald Trump’s “beautiful” tariff proposals that his administration may seek to enact early in his second term. Proactive steps that companies are taking to evade…
Factbox-Rite Aid joins companies going bankrupt amid opioid litigation
(Reuters) – Drugstore chain Rite Aid is the latest U.S. company to seek bankruptcy protection following pressure from lawsuits alleging that they helped fuel the opioid crisis. Opioid drugs have been one…
Italian companies see bleaker economic outlook-central bank survey
MILAN (Reuters) – Italian companies’ views on the prospects for the economy darkened markedly in the third quarter, the Bank of Italy said in its quarterly survey on Tuesday, hit by uncertainty…
From Insider Trading To Racism Allegations, Elon Musk And His Companies Face A Mountain Of Legal Challenges
From Insider Trading To Racism Allegations, Elon Musk And His Companies Face A Mountain Of Legal Challenges Jason Cohen on October 7, 2023 Billionaire Elon Musk and his companies face a multitude…
‘Just Overkill’: Jonathan Turley Says New York AG ‘Hell Bent’ On Destroying Trump’s Companies
‘Just Overkill’: Jonathan Turley Says New York AG ‘Hell Bent’ On Destroying Trump’s Companies Harold Hutchison on October 6, 2023 George Washington University law professor Jonathan Turley said Friday that Democratic Attorney…
European companies confront IPO risks as Renk cancels float
By Emma-Victoria Farr and Pablo Mayo Cerqueiro FRANKFURT/LONDON (Reuters) -Buoyed by positive investor feedback and growing optimism around new stocks, German gearbox supplier Renk was on track to make its Frankfurt market…
COP28 president says oil companies support 2050 net-zero goal
By Maha El Dahan ABU DHABI (Reuters) -COP28 president Sultan al-Jaber said on Monday that more than 20 oil and gas companies were rallying around his calls to curb carbon emissions ahead…
Ackman’s SPARC is seeking new deals with private companies
(Reuters) – Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights. The SPARC,…
Biden Admin Launches Investigation Into Two Companies Accused Of Employing Migrant Children
Biden Admin Launches Investigation Into Two Companies Accused Of Employing Migrant Children Lillian Tweten on September 23, 2023 The Department of Labor (DOL) has opened investigations into Tyson Foods and Perdue Farms…
Japanese companies warm up to employee stock incentives
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of employees, the latest Japanese company to use…
California Sues Big Oil Companies, Seeking Damages Over Climate Change
California Sues Big Oil Companies, Seeking Damages Over Climate Change Will Kessler on September 16, 2023 The state of California filed a lawsuit Saturday against major oil companies, claiming that their production…
Malaysia says it penalised 400 companies this year for labour offences
KUALA LUMPUR (Reuters) – Malaysia has taken action against 400 companies so far this year for violating labour laws, state news agency Bernama reported, citing Human Resources Minister V. Sivakumar. The ministry’s labour…
Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the fallout from war in Ukraine have forced companies across Europe into layoffs or hiring freezes. Here are some of the companies that have…
News Corp in negotiations with AI companies over content usage – CEO
By Helen Coster and Zaheer Kachwala (Reuters) – News Corp is engaged in “various negotiations” with artificial intelligence companies over their use of its content, the company’s chief executive said at an…
High-grade companies rush to tap US debt markets post-Labor Day
By Matt Tracy (Reuters) – Top-rated companies were tapping the U.S. debt markets on Tuesday, in a widely anticipated post-Labor Day rush for financing after August’s end-of-summer lull. At least 21 investment-grade…
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects David Blackmon on September 2, 2023 Is investor interest in committing billions of dollars to new offshore wind…
Factbox-From raids to exit bans, US companies face growing hurdles in China
WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Tuesday that U.S. companies have complained to her that China has become “uninvestible,” pointing to fines, raids and other actions that have made…
Chicago Sues Auto Companies For Making Cars Too Easy To Steal
Chicago Sues Auto Companies For Making Cars Too Easy To Steal Lillian Tweten on August 25, 2023 Democratic Chicago Mayor Brandon Johnson announced Thursday that the city had sued Kia and Hyundai…
Exclusive-Moscow demands bigger discounts from foreign companies exiting Russia-sources
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price…
US companies may delay Colombia investments over government comments, industry body says
BOGOTA (Reuters) – U.S companies operating in Colombia are not looking to pull out of the South American country, but comments and plans put forward by the government could see them postpone…
Close to half of German companies face a shortage of trainees -survey
BERLIN (Reuters) -A growing number of German companies are facing a shortage of trainees, the DIHK Chambers of Commerce and Industry said on Wednesday, as Germany like other industrialised countries grapples with…
Biden Admin Removes Dozens Of Chinese Companies From Trade Blacklist Same Day Top Official Announces Beijing Visit
Biden Admin Removes Dozens Of Chinese Companies From Trade Blacklist Same Day Top Official Announces Beijing Visit Jake Smith on August 22, 2023 The Biden administration removed dozens of Chinese companies from…
Renewables companies hit brakes on Alberta projects after govt delays approvals
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Alberta’s seven-month pause on approving new renewable power projects in the Canadian province has caused four major international companies at various development stages to stop…
Chinese Solar Companies Have Been Dodging Tariffs, Biden Admin Says
Chinese Solar Companies Have Been Dodging Tariffs, Biden Admin Says Nick Pope on August 18, 2023 The Department of Commerce (DOC) determined Friday that five Chinese solar panel companies have been dodging…
New Jersey Can Sue Gun Companies As A ‘Public Nuisance,’ Appeals Court Rules
Arjun Singh on August 18, 2023 The state of New Jersey can sue firearms manufacturers under a new state public nuisance law designed to target the industry, a federal appellate court ruled…
US warns space companies about foreign spying
By Michael Martina WASHINGTON (Reuters) – U.S. counterintelligence agencies on Friday warned the American space industry to guard against efforts by foreign intelligence entities to steal research and trade secrets as they…
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