MEXICO CITY/TAKOMA PARK, Md. (Reuters) – Mexico is not ruling out the possibility of appealing to an international panel over tax incentives proposed by the United States for some U.S.-made electric vehicles, President Andres Manuel Lopez Obrador said on Tuesday. Mexico has promised to review a range of legal actions in response to a new …
Mexico may appeal ‘discriminatory’ U.S. EV tax credits Read More »
By Luc Cohen and Brendan Pierson NEW YORK (Reuters) – The U.S. Federal Trade Commission on Tuesday kicked off the trial of its civil case against Vyera Pharmaceuticals founder Martin Shkreli, grilling company executives about a deal with a Japanese supplier that the FTC said helped Vyera maintain its monopoly on the life-saving drug Daraprim. …
U.S. FTC focuses on deal with Japanese company in Shkreli trial Read More »
By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Tuesday it will temporarily suspend a vaccine mandate for employees and now no longer expects to be forced to cut some service in January. In a memo seen by Reuters, Amtrak Chief Executive Bill Flynn said the railroad would allow employees who were not …
U.S. passenger railroad Amtrak suspends vaccine mandate for employees Read More »
(Reuters) – Concerns over the Omicron coronavirus variant and fresh travel restrictions have led to a spike in hotel booking cancellations globally, online hotel search firm Trivago said on Tuesday, threatening to upend a fragile recovery in tourism. Cancellation rates increased to 35% since November and holiday travel planning was down 10%, the company said, …
Global hotel cancellations rise ahead of holidays due to Omicron – Trivago Read More »
DUBAI/WASHINGTON (Reuters) -The United Arab Emirates has informed the United States that it will suspend discussions to acquire F-35 fighter jets, a UAE official said on Tuesday, part of a $23 billion deal that also includes drones and other advanced munitions. The sale of 50 F-35 warplanes made by Lockheed Martin to the UAE had …
UAE told the U.S. it will suspend talks on F-35 jets -Emirati official Read More »
By Aaron Saldanha and Matt Scuffham NEW YORK (Reuters) – JPMorgan Chase & Co instructed unvaccinated staff in Manhattan to work from home starting Tuesday, a further sign that banks and other financial firms are tightening protocols as COVID-19 infections rise and the Omicron variant spreads. The U.S. bank, one of the most aggressive in …
JPMorgan tells unvaccinated Manhattan staff to work from home Read More »
(Reuters) -Kroger Co will stop some COVID-19 benefits for unvaccinated employees starting next year, as the supermarket chain pushes more workers to get inoculated amid growing concerns over the spread of the Omicron coronavirus variant. The company will no longer provide paid COVID-19 leave for unvaccinated employees and will apply a $50 monthly health insurance …
Kroger to remove some COVID-19 benefits for unvaccinated employees Read More »
By Matt Scuffham (Reuters) – JPMorgan Chase & Co and Goldman Sachs Group Inc may raise their bonus pools for investment bankers by as much as 40% and 50% respectively this year, sources familiar with initial discussions said on Tuesday. Investment bankers at both firms are anticipating bumper windfalls following recent meetings to set pay …
Goldman, JPMorgan plan bumper payout for investment bankers after deal-making boom Read More »
By Foo Yun Chee BRUSSELS (Reuters) -French waste and water management companies Veolia and Suez won EU antitrust approval on Tuesday for their 13 billion euro ($14.7 billion) tie-up to create a global group better able to compete against Chinese rivals. The deal struck in April was marked by a bitter months-long dispute including legal …
Veolia and Suez gain EU green light for $14.7 billion deal Read More »
By David Shepardson WASHINGTON (Reuters) -Top executives of major U.S. airlines will tell a Senate committee Wednesday they are ramping up hiring even as some raise concerns about a COVID-19 variant on demand, according to testimony seen by Reuters. Executives at a Senate Commerce Committee hearing will defend the $54 billion in COVID-19 government payroll …
