(Reuters) -The U.S. Equal Employment Opportunity Commission (EEOC) on Friday said it sued United Parcel Service for disability discrimination, alleging the delivery firm refused to hire deaf or hearin[...]
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September 22, 2023
S&P 500, Nasdaq notch biggest weekly losses since March
By Stephen Culp NEW YORK (Reuters) – Wall Street see-sawed to a lower close on Friday, capping a tumultuous week during which benchmark Treasury yields hit 16-year highs and investors digested t[...]
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Rite Aid plans to shut down hundreds of stores in bankruptcy – WSJ
(Reuters) – Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Jou[...]
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Oracle spends more than $100 million on Ampere chips
(Reuters) -Oracle Corp agreed to prepay $104.1 million for processor chips made by startup Ampere Computing, according to Oracle’s proxy statement filed on Friday. Oracle also invested $400 mill[...]
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WTO needs progress on ‘non-market’ practices, dispute settlement -USTR’s Tai
By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai on Friday called for meaningful progress in making changes to the World Trade Organization by a ministerial meeting in Feb[...]
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Renault to maintain mixed ethanol combustion engines in Brazil
SAO PAULO (Reuters) – Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline and the biofuel as full[...]
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Goodyear Tire to cut 700 jobs, sell retail stores in Asia Pacific
(Reuters) – Goodyear Tire & Rubber said on Friday it plans to cut 700 jobs and sell about 100 retail stores and fleet locations, under a rationalization plan for its Asia Pacific segment. Th[...]
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Rupert Murdoch’s 2023 pay at Fox swells 24% to $22.9 million
(Reuters) – Fox Corp’s former chairman Rupert Murdoch’s total compensation for 2023 climbed more than 24% to $22.9 million, a regulatory filing showed on Friday. The media mogul step[...]
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McDonald’s to raise royalty fees for new franchise restaurants in US, Canada
By Savyata Mishra (Reuters) -McDonald’s is raising royalty fees for new franchise restaurants in the U.S. and Canada for the first time in nearly three decades, according to a letter viewed by R[...]
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