Supermac’s has been successful in gaining a landmark EU decision against McDonald’s to partially cancel the ‘Mc’ trademark after the fast food giant claimed exclusivity over it. The European Union Intellectual Property Office (EUIPO) has ruled McDonald’s’ use of the prefix ‘Mc’ can’t be exercised at just McDonald’s’ discretion but has to be subjected to […]

NEW YORK (Reuters) – Many Wall Street workers will see their pay stay flat or decline this year, as big banks and money managers continue to cut costs, according to a report on Tuesday by compensation consultancy Johnson Associates. Those in equities trading and underwriting will be hardest hit, with annual pay packages down 10-15%, […]

COMMISSIONER for Aviation Regulation Cathy Mannion may require the wisdom of Solomon as she weighs the toughest decision of her tenure: the price of progress at Dublin Airport. Battle lines have been starkly drawn this month between DAA on the one side and the main Irish airlines, Ryanair and Aer Lingus, on the other. Please […]

NEW YORK (Reuters) – The summer sell-off is finally here – and not all U.S. investors are rattled by it. After a record-setting first half of the year that pushed U.S. stock markets to new highs, a more than 760-point drop in the Dow Jones Industrial Average on Monday, triggered by the escalating U.S.-China trade […]

(Reuters) – It is “a little late” to purchase U.S. Treasuries, which have been rallying recently, and “if Treasury rates are going to fall from here, something bad is happening,” Jeffrey Gundlach, chief executive of DoubleLine Capital, said in a telephone interview on Monday. Gundlach said U.S. stock markets have not made progress for 18 […]

DETROIT (Reuters) – A federal judge in Detroit on Monday sentenced the former United Auto Workers union vice president in charge of relations with Fiat Chrysler to 15 months in federal prison for misusing funds intended for worker training to pay for luxury travel, golf, liquor and parties for himself and other union officials. Norwood […]

A strike planned for Tuesday at Heathrow has been suspended as thousands of airport workers vote on a new pay offer. A stoppage planned for Monday was also called off, although some flights still had to be cancelled. The Unite union said it would not be discussing the new pay package until its members had […]

(Reuters) – Fortress Investment Group-backed New Media Investment Group (NEWM.N) said on Monday it will buy USA Today-owner Gannett Co (GCI.N) in a $1.4 billion deal, combining two of the biggest U.S. daily newspapers. Gannett shareholders will receive $6.25 in cash and 0.5427 of a New Media share for each share they hold, amounting to […]

Last night, Reebok introduced its new Alter the Icons ‘Transparency’ collection with a celebratory one-night-only ice skating event in Manhattan.  Designed to represent our increasingly interconnected world, the collection marks a new level of experimentation for the brand, featuring a remix of their most iconic sneaker shapes through the addition of new colorways, accents, textures and […]

Good Monday. (Want this by email? Sign up here.) Business reckons with the latest mass shootings Two shootings that killed nearly 30 people in the U.S. over the weekend have again prompted political outrage — and forced some businesses to consider their role in promoting gun violence. The attacks, in El Paso, Tex., and Dayton, […]