Worker testifies that Tesla stopped him from organizing union
OAKLAND, Calif (Reuters) – A Tesla Inc employee organizing a union was asked by a supervisor and company security guards to leave the factory after handing out pro-union flyers, the worker said at a National Labor Relations Board (NLRB) hearing on Mon…
Hurt in past by false dawns, Chinese businessman is wary of bets on North Korea opening up
DANDONG, China (Reuters) – Property speculators in China may be betting that Tuesday’s U.S.-North Korea summit is poised to unlock riches across the border but Chinese construction machinery dealer Wang Chenglin is far from convinced.
Dollar rises, stocks cautious before U.S.-North Korea summit
SYDNEY (Reuters) – The dollar jumped to a 3-week top on Tuesday while Asian shares started cautiously as investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit, which could set the stage for ending a nuclear stand-off …
Mexico judge signs arrest warrant for local JPMorgan head: BVG World
MEXICO CITY (Reuters) – A judge in Mexico has issued an arrest warrant for the country head of U.S. investment bank JPMorgan for alleged fraud in a dispute related to a 2007 loan to a Mexican real estate developer, according to the company, BVG World.
Automation could thin Citigroup’s investment banking unit jobs: FT
(Reuters) – Citigroup Inc’s investment banking business could shed as much as half of its 20,000 technology and operations staff in the next five years due to automation, the Financial Times reported on Monday.
U.S. reveals ZTE settlement details, ban still in place
WASHINGTON (Reuters) – ZTE Corp’s settlement with the U.S. Commerce Department that would allow China’s No. 2 telecommunications equipment maker to resume business with U.S. suppliers was made public on Monday, days after the company agreed to pay a $…
Wall Street ekes out gains ahead of Singapore summit
NEW YORK (Reuters) – All three major U.S. stock indexes closed slightly higher on Monday as investors eyed the looming United States-North Korea summit on Tuesday in Singapore while shrugging off the weekend’s factious meeting of the Group of Seven nat…
Citigroup’s investment banking unit to cut jobs in next five years: FT
(Reuters) – Citigroup Inc’s investment banking business will shed as much as half of its 20,000 technology and operations staff in the next five years, the Financial Times reported on Monday, citing Jamie Forese, the division’s head.
VW’s Skoda says might outsource production to meet demand
BERLIN (Reuters) – Volkswagen’s Czech brand Skoda said on Monday it might outsource some production to a contract manufacturer as the division looks to respond to booming demand.
More than 25 percent of WPP investors oppose Sorrell pay arrangements: Sky
(Reuters) – More than a quarter of investors at WPP have cast votes against a pay report to be discussed at Wednesday’s annual general meeting, angered by benefits for former chief executive Martin Sorrell, according to Sky News reporter Mark Kleinman…
