By Daniel Wiessner (Reuters) – Twitter Inc owner Elon Musk’s mandate that employees stop working remotely and put in “long hours at high intensity” discriminates against worker[...]
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Updated
U.S. imposes new sanctions over Iran sanctions evasion, targets Chinese firms
By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused of f[...]
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As recession looms, British business sends out lending SOS
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure[...]
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U.S. labor market remains tight despite technology sector layoffs
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, showing widespread layoffs remain low despite a surge in technology-s[...]
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Hess CEO says OPEC ‘back in the driver’s seat’ as U.S. shale growth slows
By Liz Hampton and Sabrina Valle (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) is “back in the driver’s seat” as the top swing producer amid slowing[...]
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Musk says he made some Tesla decisions without board nod, defends $56 billion pay
By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some Tesla Inc decisions without the approval of the company’s directors, as he defended[...]
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Volkswagen’s $2 billion Trinity electric vehicle plant in doubt
By Jan Schwartz HAMBURG (Reuters) -Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build a new plant to assemble its Trinity electric vehicles (EV) or to use its exi[...]
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Roku becomes latest firm to reduce staff with 200 job cuts
(Reuters) – Roku Inc said on Thursday it would cut 200 jobs in the United States, becoming the latest tech company to lay off workers amid an economic slowdown and decades-high inflation. Tech c[...]
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Macy’s profits from wealthy shoppers, Kohl’s feels inflation pinch
By Uday Sampath Kumar and Deborah Mary Sophia (Reuters) -Upscale U.S. retail chain Macy’s Inc raised its annual profit forecast on Thursday on resilient demand for high-end clothes and beauty pr[...]
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