Business News
                                                                    

Jan 10, 2017 09:46AM

L.L. Bean rebuffs boycott over granddaughter?s big Trump donation

A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company?s founder, had donated to a political action committee that helped elect Trump. ?We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,? Shawn Gorman, L.L. Bean?s executive chairman, said in a statement posted to Facebook late Sunday.

Dec 08, 2016 07:47AM

Union leader who says Trump lied about Carrier deal refuses to back down

Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. ?I?ve been doing this job for 30 years,? Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.

May 11, 2016 10:39AM

Working, eating and sleeping at the office

The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.

Dec 14, 2015 08:29PM

Obama seeks ?irreversible? opening to Cuba

This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.

Jun 26, 2017 02:57AM

China jails top casino exec over gambling crimes - CNNMoney

CNNMoney

China jails top casino exec over gambling crimes CNNMoney China's crackdown on gambling has resulted in prison for a senior Australian casino executive and 15 of his colleagues. A Shanghai court on Monday sentenced Jason O'Connor, the head of Crown Resorts' international unit for high-rolling gamblers, to 10 ... China jails Crown Resorts staff over gambling crimesReuters China sentences 16 from Australia's Crown Resorts to prisonmySanAntonio.com China Court Sentences 16 Crown Resorts Employees to Prison -- UpdateFox Business Nasdaq -The Guardian -Financial Times -The Australian all 81 news articles »

Jun 26, 2017 12:52AM

Air bag recalls, lawsuits lead Takata to file for bankruptcy - Washington Post

Washington Post

Air bag recalls, lawsuits lead Takata to file for bankruptcy Washington Post Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the ... Timeline-Japan's Takata: From Parachutes to Airbags to BankruptcyNew York Times Airbag maker Takata files for bankruptcy in Japan and US, seeking $1.6B aid from Key Safety SystemsCNBC Takata files for bankruptcy, overwhelmed by air bag recallsSyracuse.com NPR -Reuters -Bloomberg -WCTV all 187 news articles »

Jun 26, 2017 12:18AM

US Activist Targets Nestlé -- WSJ - Fox Business

Channel NewsAsia

US Activist Targets Nestlé -- WSJ Fox Business This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the US print edition of The Wall Street Journal (June 26, 2017). Billionaire activist investor Daniel Loeb's Third Point LLC hedge fund has ... Nestle 'Committed' to Strategy as Activist Investor Moves InNew York Times L'Oreal Hits Record High as Third Point Presses for Nestle Stake SaleTheStreet.com Nestlé shares hit record after activist fund targets groupFinancial Times Independent Online -Bloomberg -Business Insider -ValueWalk all 36 news articles »

Jun 26, 2017 01:38AM

Italy bank deal lifts Europe shares, dollar on back foot - Reuters

Reuters

Italy bank deal lifts Europe shares, dollar on back foot Reuters FILE PHOTO: A woman walks past the London Stock Exchange building in the City of London, Britain, January 16 , 2017. REUTERS/Toby Melville/File Photo. By Nigel Stephenson | LONDON. LONDON Shares rose in Europe on Monday, with Italian banks ... Italy winds up Veneto banks at cost of up to 17 billion eurosCNBC Italian Banks Rise as Government Approves Veneto Lenders RescueBloomberg Italy is spending ?17 billion to wind up 2 failing banksBusiness Insider Forbes -The Guardian -Fox Business -TheStreet.com all 198 news articles »

Jun 26, 2017 02:07AM

Captain Asks Passengers to Pray During Shaky Air Asia Flight - NBC 5 Dallas-Fort Worth

NBC 5 Dallas-Fort Worth

Captain Asks Passengers to Pray During Shaky Air Asia Flight NBC 5 Dallas-Fort Worth Passengers of a Sunday morning Air Asia flight said their captain asked them to pray ? twice ? as the plane experienced engine trouble and shook like a "washing machine," NBC News reported. Damien Stevens, who was on the flight from Perth, Australia, ... AirAsia plane 'shakes like a washing machine,' forced to return to AustraliaWPTV.com VIDEO: AirAsia flight forced to return to Australian airport after 'technical issue' causes violent shakingKABC-TV This Plane Started Shaking 'Like A Washing Machine' And Passengers Were Told To PrayInc.com ABC Online -The Australian -Newser -Free Malaysia Today all 144 news articles »

NIDA NAJAR on Jun 25, 2017 03:13PM

Indian Technology Workers Worry About a Job Threat: Technology

Artificial intelligence, automation and big data are raising fears of widespread layoffs in a $150 billion industry.

JONATHAN SOBLE on Jun 26, 2017 02:33AM

Takata, Unable to Overcome Airbag Crisis, Files for Bankruptcy Protection

The Japanese company at the center of history?s farthest-reaching auto safety crisis said it would sell its assets to Key Safety Systems, a Chinese-owned American rival.

SUI-LEE WEE on Jun 26, 2017 02:12AM

China Sentences 3 Australians to Prison for Promoting Gambling

The employees of Crown Resorts, including the head of V.I.P. international operations, have been detained since October in a case that has spooked foreign gambling operators.

MICHAEL J. de la MERCED on Jun 25, 2017 04:54PM

Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé

The fund, run by Daniel S. Loeb, has called on the Swiss food giant to sell its stake in L?Oréal and move more quickly to adapt to changing consumer tastes.

CLIFFORD KRAUSS and AZAM AHMED on Jun 26, 2017 02:00AM

Trump?s Anti-Nafta Stance Is on a Collision Course With Natural Gas

Mexico?s economy and U.S. energy companies depend on free-flowing cross-border natural gas. Both are scrambling to avoid the chaotic disruption of a trade war.

Jun 26, 2017 02:47AM

Holland & Barrett sold for £1.8bn to Russian billionaire

Russian billionaire Mikhail Fridman buys 1,300-store chain from its private equity owner Carlyle.

Jun 25, 2017 11:48PM

Co-operative Bank no longer up for sale

The bank says it expects to make a further announcement on fund-raising plans to safeguard its future.

Jun 26, 2017 01:35AM

Lord Adonis: Brexit delay over Heathrow must end

Political uncertainty must not hold up Heathrow airport plans, says the top infrastructure adviser.

Jun 26, 2017 03:16AM

Growth in personal debt is slowing, says BBA

The annual rise in loan, card and overdraft borrowing is slowing, but saving levels are at a six-year low.

Jun 25, 2017 11:14PM

Takata: Airbag-maker files for bankruptcy

Japanese firm faces billions of dollars of liabilities linked to the biggest ever automotive recall.