By Thomas Kaplan Katherine Tai, the United States trade representative, made a case on Thursday for using trade policies to fight climate change, devoting her first speech in her new position to addressing one of President Biden’s top priorities. “For too long, the traditional trade community has resisted the view that trade policy is a […]
Jeff Bezos, the founder of Amazon (AMZN) and the world’s richest man, says the e-commerce giant needs to do a “better job” for its employees. “I think we need to do a better job for our employees. While the voting results were lopsided and our direct relationship with employees is strong, it’s clear to me […]
LONDON (Reuters) – President Joe Biden will issue an executive order on Thursday authorizing the U.S. government to sanction any sector of the Russian economy and barring U.S. banks from participating in the primary markets for rouble-denominated bonds. It does not however prevent them from buying the debt in secondary markets, Reuters reported. Here is […]
FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo/File Photo/File Photo(Reuters) -GameStop Corp Chief Executive Officer George Sherman has forfeited more than 587,000 shares as he failed to meet his performance targets, according to a regulatory filing on Wednesday. The […]
Moderna (MRNA) has its sights set on 2022 and beyond, even as it continues to produce doses for its COVID-19 vaccine this year. CEO Stephane Bancel told Yahoo Finance Wednesday that governments are now focused on booster shots for next year, even though it unclear what type of booster shot will be needed — or […]
Real estate identity Mike Pero is parkingplans to launch Pasifika Air which he had hoped would be part of a two-way travel bubble with the Cook Islands. He had planned to lease Boeing 737 planes and link Wellington and Christchurch with Rarotonga. But continued uncertainty over the timing of quarantine-free travel between New Zealand and […]
Real estate identity Mike Pero is parkingplans to launch Pasifika Air which he had hoped would be part of a two-way travel bubble with the Cook Islands. He had planned to lease Boeing 737 planes and link Wellington and Christchurch with Rarotonga. But continued uncertainty over the timing of quarantine-free travel between New Zealand and […]
Kohl’s Corp. entered into an agreement with activist investors fighting for fresh blood on the retailer’s board. Making various concessions giving shareholder activists greater influence over the company, Kohl’s said Wednesday that two independent directors nominated by the activist group — Margaret Jenkins and Thomas Kingsbury — will join the Kohl’s board at the close […]
Hundreds of British Gas engineers lost their jobs on Wednesday as a bitter row between the company and its staff deepened. The engineers had refused to sign up to new contracts that would force them to work longer hours, after being told to accept tougher conditions or lose their jobs. Hundreds more engineers have already […]
Britain’s biggest aerospace employers, including Rolls-Royce Holdings and Airbus, have urged the business secretary to step into the crisis engulfing the steel tycoon Sanjeev Gupta amid fears of a global shortage of specialist materials. Sky News has learnt that the industry association ADS has written to Kwasi Kwarteng to highlight its members’ reliance on the […]