By Ross Kerber (Reuters) – Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for workers, an issue that nearly caused a national rail strike, and[...]
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December 5, 2022
India’s Oyo lays off 600 employees as part of ‘wide ranging’ reorganisation
(This Dec. 3 story has been refiled to correct spelling error in first paragraph) By Rhea Binoy (Reuters) – Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said on Saturday[...]
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TuSimple, Navistar scrap deal to develop self-driving trucks
(Reuters) – TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday. In 2020, Illinois-based Navistar bought a minority stake in[...]
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Russian oil sanctions fuel boom for old tankers
By Julia Payne and Jonathan Saul LONDON (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in Russian crude. As Western sh[...]
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U.S. agency investigating crypto firms for misconduct
WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible miscon[...]
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Porsche will join Germany’s blue-chip index – Deutsche Boerse
BERLIN (Reuters) -German sportscar maker Porsche AG will join the blue-chip index, just over two months after its market debut, exchange operator Deutsche Boerse said on Monday. Porsche AG will replac[...]
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U.S. Supreme Court rejects Centripetal appeal in Cisco patent fight
By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Centripetal Networks Inc to reinstate the largest award in the history of U.S. patent law[...]
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Marketmind: Reopen Sesame
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street slumped on Monday, battered by the old ‘good news is bad news’ adage following[...]
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Tax credits for EU electric vehicles dominate U.S. trade talks
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The United States and the European Union on Monday cited progress addressing EU concerns about a U.S. climate law that would cut off the[...]
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