Starbucks Illegally Fired 6 New York Union Activists, Judge Rules
Starbucks Corp. illegally fired six employees in New York State as part of an anti-union “reign of coercion,” a US National Labor Relations Board judge ruled Wednesday.
Bloomberg Business
Japan Tries Everything From Tax Breaks to Shaming to Raise Pay
After repeatedly calling on companies to hike wages — with limited success — Japan’s government is following up with more incentives to get employers to fall in line.
Eli Lilly Is Capping Customers’ Insulin Costs at $35
Eli Lilly & Co. is capping out-of-pocket costs for insulin at $35 a month, following a public plea from President Joe Biden for lower prices of the diabetes treatment for all Americans.
Top Australia Banks Part of Central Bank Digital Currency Pilot
ANZ Group Holdings Ltd. and Commonwealth Bank of Australia Ltd. are among leading participants in a pilot project exploring use cases for a central bank digital currency.
Michael Froman Named New Council on Foreign Relations President
Michael Froman, a vice chairman of MasterCard Inc. and a US trade representative in the Obama administration, will take the helm at the Council on Foreign Relations think tank.
Saudi Fund Fires Back at Order Letting PGA Question Its Boss
Saudi Arabia’s sovereign wealth fund says a ruling directing its chief to provide information in an antitrust fight between LIV Golf and PGA Tour Inc. is an “extraordinary infringement” on the kingdom’s sovereignty.
A Stock Trader’s Guide to China’s National People’s Congress
Equity traders in China are keenly looking to this weekend’s National People’s Congress to provide fresh catalysts after a torrid February abruptly halted the market’s reopening rally.
‘Mutant Ape Planet’ NFT Seller in Plea Talks in Fraud Case
A French national accused of criminally defrauding buyers of his “Mutant Ape Planet” non-fungible tokens in a $2.9 million cryptocurrency scam is in plea bargain discussions with prosecutors, according to a court filing.
Murdoch’s Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case
A fawning letter from Fox Corp. Chairman Rupert Murdoch to one of the world’s top soccer officials in 2011 was read to jurors in a New York bribery trial to show just how much the network coveted the chance to win broadcast rights for the 2018 and 2022 World Cup tournaments.
Biden Sets in Motion Gasoline Policy Shift to Boost Ethanol
The Biden administration is advancing a fuel policy shift demanded by Midwest governors who expect it will encourage filling stations to sell higher-ethanol E15 gasoline and offer it year round.
