Bloomberg Draghi Faces Growth With Missing Inflation as ECB Crafts PolicyBloombergThe European Central Bank's challenge of the day is to weigh improvements in economic growth against the lack of convincing inflation pressure. The words policy makers will choose to describe the region's outlook will help determine whether the …ECB to Keep Taps Open as Economic […]
Quartz Uber has fired a top executive suspected of misconduct in an India rape investigationQuartzA top executive at Uber's Asia business has been fired because he mishandled the proceedings in a 2014 rape case in India, according to two separate media reports. Eric Alexander, president of Uber Asia, was shown the door after reporters began …Uber […]
Motley Fool Here's the First Official Look at Tesla's Model YMotley FoolMost companies' annual shareholder meetings aren't all that exciting. Even fewer use the gatherings as venues to tease future products, but that's precisely what Tesla (NASDAQ:TSLA) did at its annual meeting yesterday. CEO Elon Musk discussed a wide …Tesla Inc. – TSLA – Stock Price […]
The Denver Post White House touts ACA's demise as insurers seek help in stabilizing its marketplaceThe Denver PostPresident Donald Trump signs an executive order as Vice President Mike Pence looks on at the White House in Washington, D.C. on Jan. 20, 2017. By Juliet Eilperin and Abby Phillip | The Washington Post. PUBLISHED: June 7, […]
HuffPost Employees Sue Chipotle, Claiming It Failed To Pay Them OvertimeHuffPostAt the center of the legal battle is an Obama-era rule that vastly expanded overtime pay to salaried workers. By Kim Bellware. Daniel Acker/Bloomberg via Getty Images. Chipotle employees have sued the fast-casual restaurant chain for allegedly failing …Chipotle faces lawsuit over overtime pay disputeUSA […]
Los Angeles Times 66 more Sears and Kmart stores are shutting, including 4 in CaliforniaLos Angeles TimesIn its latest wave of cuts, Sears Holdings Corp. will close 66 Sears and Kmart stores across the country, including four in California, according to a person with knowledge of the situation. A list circulated internally on Tuesday said […]
The Atlantic Is Trump's Plan to Privatize Air-Traffic Control a Good Idea?The AtlanticLike The Atlantic? Subscribe to The Atlantic Daily, our free weekday email newsletter. “Broken,” “horrible,” “antiquated.” Those are some of the words President Trump recently used to describe the nation's current air-traffic control system. That …Rural senators question Trump's air-traffic control planUSA TODAYSenators […]
CNBC Oil settles at $45.72, down 5.1% at 5-week low, after big US stockpile riseCNBCOil prices slid nearly 5 percent on Wednesday after the U.S. government reported an unexpected increase in crude inventories, fanning fears that output cuts by major world oil producers have not drained a global glut very much. Crude stocks in the […]
Business Insider 'Prime is the gateway drug': Amazon's most puzzling move yet could be one of its most brilliantBusiness InsiderAmazon's decision to go after lower-income customers with a discounted Prime membership has puzzled some industry experts, but it could turn out to be a brilliant strategy. Critics say that shoppers on government assistance, whom Amazon […]
Bloomberg Europe's Bank Undertaker Passes Its First TestBloombergThe Single Resolution Board forced the sale of an ailing Spanish bank, and buyer Santander says it's great news for Europe. by. Boris Groendahl. @borisg_work More stories by Boris Groendahl. and. Alexander Weber. @WeberAlexander More stories by …ECB triggers overnight Santander rescue of Spain's Banco PopularBusiness InsiderGLOBAL MARKETS-European bank […]