New Corporate Operations Pop Up in New York Despite Unfriendly Business Environment
NEW YORK, NY – New York is one of the hardest states to do business in. If you think Donald Trump is having some issues with his, countless other businesses struggle with…
Six dead in private jet crash outside Los Angeles
(Reuters) – All six people aboard a small jet died when the aircraft crashed and burned in a field near an airport near Los Angeles on Saturday, local and federal authorities said.…
The Corporate Diversity Industry Is Finally Getting The Hint That People Are Sick Of Them
The Corporate Diversity Industry Is Finally Getting The Hint That People Are Sick Of Them Will Kessler on July 3, 2023 Support for diversity, equity and inclusion (DEI) measures in companies is…
Factbox-U.S. corporate heavyweights’ progress report on diversity pledges
(Reuters) – The U.S. Supreme Court ruling striking down race-conscious policies in college admissions includes some subtle warnings to companies about the legal limits of workforce diversity efforts and is likely to…
Biden Implores Corporate America Not To Abandon Race-Based Hiring Practices
Biden Implores Corporate America Not To Abandon Race-Based Hiring Practices Nick Pope on June 29, 2023 President Joe Biden called on U.S. corporations to stand by hiring practices that advantage applicants from…
The Supreme Court’s Coming Ruling On Affirmative Action Could Have Ripple Effects Through Corporate America
The Supreme Court’s Coming Ruling On Affirmative Action Could Have Ripple Effects Through Corporate America Katelynn Richardson on June 28, 2023 The Supreme Court’s soon to be released ruling on affirmative action…
Global initiative launched to rate corporate carbon offset claims
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on Wednesday by a global…
BlackRock names new corporate affairs chief
By Ross Kerber (Reuters) – Top asset manager BlackRock on Thursday named outside executive John Kelly to a newly created role overseeing its public policy, philanthropy, communications and branding, at a time…
Low-tax Switzerland votes on global minimum corporate tax rate
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate,…
BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expected, suggesting the…
Cori Bush Claims GOP Opposition To Corporate Climate Mandates Puts ‘Black And Brown’ People ‘In Harm’s Way’
Cori Bush Claims GOP Opposition To Corporate Climate Mandates Puts ‘Black And Brown’ People ‘In Harm’s Way’ Harold Hutchison on June 6, 2023 Democratic Rep. Cori Bush of Missouri claimed on Tuesday…
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to…
Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%
(Reuters) – Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on consumer-facing healthcare businesses. None of the 504…
JPMorgan sees rise in corporate defaults in Latin America
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing in particular growing risk among Latin American companies as access to credit…
Intel, Boston Consulting Group team to sell AI to corporate customers
By Stephen Nellis (Reuters) – Intel Corp and Boston Consulting Group on Wednesday said they are working together to sell generative artificial intelligence tools to big businesses. Generative AI is the class…
Ireland could amass $156 billion wealth fund with windfall corporate tax
DUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much of its future age-related costs if it invests all its forecast windfall…
Adecco sales top forecast as corporate Europe hires temps
By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying off staff to cope with economic uncertainty. The group reported an 8%…
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan Stanley are slashing thousands of jobs as they look to rein in…
Corporate access to capital worsens after bank turmoil, Janus Henderson report
By Chiara Elisei LONDON (Reuters) – Corporates’ access to capital deteriorated after turmoil in the banks sector in March while cash flow and earnings are under increasing pressure from potential recession, asset…
Nikki Haley Scores Stock Payday From Serving On Corporate Board Despite Presidential Bid
Nikki Haley Scores Stock Payday From Serving On Corporate Board Despite Presidential Bid Jason Cohen on April 24, 2023 Nikki Haley, a Republican candidate for the 2024 presidential primary and former U.S.…
Tucker Carlson Accuses Corporate Media Of ‘Covering Up’ What The Leaked Pentagon Docs Actually Reveal
Tucker Carlson Accuses Corporate Media Of ‘Covering Up’ What The Leaked Pentagon Docs Actually Reveal Harold Hutchison on April 13, 2023 Fox News host Tucker Carlson accused corporate media outlets Thursday of…
South Korea to set up $759 million corporate restructuring fund
SEOUL (Reuters) – South Korea’s financial regulator said on Tuesday the government would set up a 1 trillion won ($758.97 million) public fund to support companies that are undergoing a restructuring process.…
Apple to cut small number of jobs in some corporate retail teams – Bloomberg News
(Reuters) -Apple Inc is eliminating a small number of roles within its corporate retail teams, Bloomberg News reported on Monday, citing people familiar with the matter. The layoffs would impact what Apple…
Burger chain McDonald’s to lay off hundreds of corporate employees -source
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) – The number of corporate employees McDonald’s Corp plans to lay off this week will tally in the “hundreds,” a source familiar with…
Corporate agitator Ackman tells US to raise FDIC insurance limit to shore up confidence
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman who spent years telling corporations how to perform better is now taking on the U.S. government by calling for higher insurance…
Russia’s corporate profits dropped 21.3% in Jan, business climate worsened
MOSCOW (Reuters) – Russian companies made profits of 2.34 trillion roubles ($30.25 billion) in January, data from the federal statistics service showed on Wednesday, down 21.3% from the same period last year,…
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