Reuters US Business

By Shivam Patel NEW DELHI (Reuters) – Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork. India’s decades-old labour laws are …

EY worker’s death spotlights India’s unprotected white-collar labour Read More »

By Brendan Pierson (Reuters) -Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease. The lawsuit was filed in the Philadelphia Court of Common Pleas by Bryce Martinez, a …

Lawsuit accuses major food companies of marketing ‘addictive’ food to kids Read More »

(Reuters) – U.S. grocer Albertsons on Wednesday terminated its $25 billion deal to be bought out by rival Kroger after two different courts blocked the merger, in what would be the latest win for the Federal Trade Commission. Here are other deals that have fallen through, been blocked, or face scrutiny: DEALS TERMINATED DEAL VALUE …

Factbox-US deals blocked by regulators or facing intense scrutiny Read More »

(Reuters) -U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal Reserve from cutting interest rates for a third time next week against the backdrop of a cooling labor market. The consumer price index rose 0.3% last month, the largest gain since April after advancing …

In-line Nov US CPI rise leaves door open for Dec ease Read More »

By Patrick Wingrove (Reuters) – Eli Lilly CEO David Ricks on Tuesday said at the Economic Club of Washington that tax and regulation reform and drug affordability were some policy focuses for the company in a second Trump administration. President-elect Donald Trump met with Ricks and the chief executive of industry lobbying group PhRMA in …

Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump Read More »

By Emma Rumney LONDON (Reuters) – Some $3 billion in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk from U.S. President-elect Donald Trump’s planned tariffs on Mexico, according to Mexican customs data reviewed by Reuters. Trump, who takes office on Jan. 20, has …

Exclusive-Trump tariff plan puts $3 billion in Diageo, Becle tequila imports at risk Read More »

By Simon Jessop LONDON (Reuters) – U.S. investor Acadia Infrastructure Capital and companies including Microsoft are looking to help develop a $9 billion pipeline of renewable energy projects across the country, the project lead told Reuters. Launching the Climate and Communities Investment Coalition (CCIC) with the technology giant as an anchor member, Acadia Vice President …

Acadia, companies eye $9 billion US renewables roll-out Read More »