Verizon CEO says strike may impact second-quarter results
(Reuters) – Verizon Communications Inc Chief Executive Officer Lowell McAdam said on Tuesday the ongoing strike by the No.1 U.S. wireless provider’s nearly 40,000 union employees could pressure second-quarter results.
Volkswagen, U.S. make substantial progress toward final deal: judge
SAN FRANCISCO/WASHINGTON (Reuters) – Volkswagen AG has made substantial progress toward reaching a final settlement next month with car owners and the U.S. government over the German automaker’s cheating on diesel emissions tests, a federal judge said…
Twitter drops photos, videos from 140-character limit
(Reuters) – Twitter Inc said on Tuesday that user names and media attachments such as photos and videos will no longer count toward the length of a tweet but the 140-character limit will remain.
Climate change takes center stage at Exxon, Chevron annual meetings
HOUSTON (Reuters) – Exxon Mobil Corp and Chevron Corp will face their toughest-ever push by shareholders concerned about a warming world at annual meetings on Wednesday, as the Paris accord to tackle climate change ratchets up investor pressure on tw…
Anthem CEO expects U.S. regulatory decision in July
NEW YORK (Reuters) – Anthem Inc Chief Executive Officer Joseph Swedish said on Tuesday the health insurer was pushing for approval from antitrust regulators reviewing its $51 billion acquisition of Cigna Corp and expects to hear a decision in July.
N.Y. official sues Domino’s over alleged wage theft
(Reuters) – The New York attorney general’s office on Tuesday sued Domino’s Pizza Inc , claiming it is liable for wage theft by franchisees because the company used a computer system that it knew under-calculated workers’ pay.
Sumner Redstone appoints two new members to his trust
NEW YORK (Reuters) – Sumner Redstone, chairman emeritus of Viacom Inc said on Tuesday he has appointed two new trustees to a trust that will determine the direction of the media conglomerate and CBS in the event of his incapacitation or death.
Investigators raid Google Paris HQ in tax evasion inquiry
PARIS (Reuters) – French investigators raided Google’s Paris headquarters on Tuesday as part of a tax evasion inquiry, the financial prosecutor’s office said.
Oil turns positive as focus turns to U.S. supply outlook
LONDON (Reuters) – Oil reversed early losses to turn positive on Tuesday, as investors awaited crude oil inventory data from the United States that was expected to show a shrinking supply overhang.
Nokia could cut 10,000-15,000 jobs worldwide: union
HELSINKI (Reuters) – Telecom network equipment maker Nokia is likely to cut 10,000 to 15,000 jobs globally – far more than it has announced so far – after its acquisition of Franco-American rival Alcatel-Lucent , a Finnish union representative said.
