Uber, Lyft scrap mandatory arbitration for sexual assault claims
(Reuters) – Ride-hailing companies Uber Technologies Inc [UBER.UL] and Lyft Inc scrapped mandatory arbitration to settle sexual harassment or assault claims, giving victims several options to pursue their claims including public lawsuits.
Exclusive: China’s Tianqi nears $4.3 billion deal to buy stake in Chile’s SQM – sources
HONG KONG/TORONTO (Reuters) – China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera (SQM) , one of the world’s biggest lithium producers, for about $4.3 billion, two people close to the transaction sai…
Tesla plans six-day stoppage at factory for assembly line fixes: sources
SAN FRANCISCO (Reuters) – Tesla Inc will pause production at its California factory for six days at the end of the May to work on fixes to its assembly line for its new Model 3 sedan, sources inside the company told Reuters.
Exclusive: China’s Tianqi nears deal to buy stake in Chile’s SQM – sources
HONG KONG/TORONTO (Reuters) – China’s Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile’s Sociedad Quimica Y Minera (SQM), one of the world’s biggest lithium producers, for about $4.3 billion, two people close to the transaction sai…
Wall St. slips as retail sales data revives inflation fears
(Reuters) – Wall Street slipped on Tuesday after retail sales data pointed to a steady rise in inflation, reviving fears of faster interest rate hikes, while a lack of progress in U.S.-China trade talks continued to weigh on the market.
U.S. consumer spending picking up, gasoline prices a threat
WASHINGTON (Reuters) – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
Homeland Security unveils new cyber security strategy amid threats
WASHINGTON (Reuters) – The U.S. Department of Homeland Security on Tuesday unveiled a new national strategy for addressing the growing number of cyber security risks as it works to assess them and reduce vulnerabilities.
Mexico says NAFTA deal unlikely this week, signing possible this year
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he saw diminishing chances for a new North American Free Trade Agreement ahead of a May 17 deadline to present a deal that could be signed by the current U.S. Congress.
White House’s Kudlow: Not certain what U.S. will do on China’s ZTE: Politico
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Tuesday it was far from certain what steps the U.S. government would take on China’s ZTE Corp, which he characterized as an enforcement, rather than trade, issue.
Twitter changes strategy in battle against internet ‘trolls’
SAN FRANCISCO (Reuters) – Twitter Inc on Tuesday revised its strategy for fighting abusive internet “trolls,” saying it would use behavioral signals to identify harassers on the social network and then limit the visibility of their tweets.
