By Svea Herbst-Bayliss, Dawn Chmielewski and Samrhitha A (Reuters) -Activist investor Nelson Peltz is pushing ahead with plans to seek at least three board seats at Disney as the firm is not satisfied[...]
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November 30, 2023
Broadcom to lay off 1,300 VMware employees following takeover
(Reuters) – Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm, Bloomberg News reported on Thursday. Broadcom did no[...]
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Judge set to rule on Berkshire Hathaway request for speedy trial over Pilot unit
By Jonathan Stempel (Reuters) – A Delaware judge said she will decide by Friday whether to give Warren Buffett’s Berkshire Hathaway a January trial date over a dispute of how to value truc[...]
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Factbox-Tesla’s Cybertruck – top features and specifications
(Reuters) – Tesla’s Cybertruck has caught the attention of many drivers with its polarizing design that promises a durable build and unique features. The electric pickup, however, enters a[...]
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Canadian regulators approve preliminary interim tolls on expanded Trans Mountain pipeline
By Nia Williams (Reuters) – The Canada Energy Regulator (CER) on Thursday approved preliminary interim tolls for the expanded Trans Mountain pipeline system, allowing the project to begin chargi[...]
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More US retailers adopt ‘keep it’ returns policies to shelter profits in holiday surge
By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK (Reuters) – As holiday shoppers return items purchased during Black Friday and Cyber Monday online shopping sprees, more U.S. retailer[...]
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Vans owner VF Corp lays off 500 employees in restructuring push
(Reuters) – Vans owner VF Corp said on Thursday it has laid off about 500 employees as it aims to restructure its business and improve operations globally. The company has been struggling to sur[...]
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Wells Fargo accused of not paying overtime at shortstaffed US branches
By Daniel Wiessner (Reuters) – A Wells Fargo & Co employee filed a lawsuit on Thursday accusing the bank of depriving hundreds of its U.S. branch workers of overtime pay, as the bank faces a[...]
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Brazil’s Braskem sued over sinking ground from Alagoas mines
SAO PAULO (Reuters) – Brazilian petrochemical producer Braskem is facing a new 1 billion real ($203 million) lawsuit over damages that its salt mines have caused sinking ground in the city of Ma[...]
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