WASHINGTON, Jan 24 (Reuters) – U.S. senators on Tuesday denounced Live Nation Entertainment’s lack of transparency and failure to block robotic ticket purchases, in a hearing called after a major fiasco involving ticket sales for Taylor Swift’s upcoming concert tour. Ticketmaster, a subsidiary of Live Nation Entertainment Inc (LYV.N), which has been unpopular with fans […]
OTTAWA, April 4 (Reuters) – Canada’s federal budget will include an investment of at least C$2 billion ($1.6 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle (EV) battery supply chain, two senior government sources said. Prime Minister Justin Trudeau’s government, which is due to release […]
Stake valued at about $3 billion Twitter shares surge 20% April 4 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk revealed a 9.2% stake in Twitter Inc (TWTR.N), worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a more than 25% rise in the company’s shares. Musk’s move comes close […]
NEW YORK, April 1 (Reuters) – Workers at an Amazon.com Inc (AMZN.O) warehouse in New York City voted to form the first union at the second-largest US private employer, a victory that adds to recent grassroots successes by labor activists pushing into new industries. Employees at the online retailer’s fulfillment center in the borough of […]
March 31 (Reuters) – Amazon.com Inc (AMZN.O) workers at a warehouse in New York City’s Staten Island have so far voted 57% in favor of unionizing with a final tally due on Friday, a potential landmark victory for organized labor at the second-largest US private employer. But that win contrasted with 53% of Amazon workers […]
WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers deemed threats to US national security. The regulator last year designated five Chinese companies including Huawei Technologies Co […]
Banks face mounting pressure to commit to custody roles Banks say they will meet existing client obligations Some clients afraid exits will follow as costs soar LONDON/NEW YORK, March 23 (Reuters) – Global banks including Citigroup Inc (CN), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian […]
NEW YORK, March 22 (Reuters) – The top US securities regulator on Tuesday urged a federal judge not to let Elon Musk escape an agreement requiring that his Twitter use be monitored, which the Tesla Inc (TSLA.O) chief executive considers part of a campaign of harassment. In a filing in the federal court in Manhattan, […]
WASHINGTON, March 21 (Reuters) – The US securities regulator on Monday proposed requiring US-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden’s push to join global efforts to avert climate-related catastrophes . The US Securities and Exchange Commission (SEC) unveiled its long-anticipated draft rule under which […]
Deutsche CEO says in Russia to serve multinational customers Deutsche CEO says exit ‘would go against our values’ Investors criticizes Deutsche’s Russia presence Deutsche Bank has said monitoring situation, may adapt CEO’s 2021 pay up 20% FRANKFURT, March 11 (Reuters) – Deutsche Bank (DBKGn.DE) faced stinging criticism from some investors and politicians on Friday for […]
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