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BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction of justice involving social media company X, according to a court document. Musk is challenging a decision by Moraes ordering his social media platform X to block certain accounts. Musk earlier on Sunday posted that …

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MONTREAL (Reuters) -Canadian Airbus A220 assembly workers on Sunday rejected a second company offer, raising concerns over production of the money-losing jet. An estimated 1,300 workers are involved in the contract talks. Airbus is seeking to expand production of its smallest commercial jet, as it rides a broader wave of orders from airlines coping with …

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By Anthony Boadle BRASILIA (Reuters) – Elon Musk is challenging a decision by a Supreme Court justice in Brazil who ordered his social media platform X, formerly known as Twitter, to block certain accounts, and he called on Sunday for the judge’s resignation. “This judge has brazenly and repeatedly betrayed the constitution and people of …

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(Reuters) – Royal Bank of Canada on Friday said it appointed Katherine Gibson as interim Chief Financial Officer, effective immediately, following the departure of Nadine Ahn. The bank said it became aware of “allegations” against Ahn and launched an investigation that found she violated the bank’s code of conduct by having an “undisclosed close personal …

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(Reuters) -A deal between Paramount Global and Skydance Media could see the media conglomerate acquire the independent studio in an all-stock transaction valued at around $5 billion, the Wall Street Journal reported on Friday. Under the terms being discussed, National Amusements, which controls Paramount, would receive over $2 billion in cash in the first step …

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(Reuters) – Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan. “Appointment of a chair of the board who is independent of management, i.e. not also serving as CEO, is nearly always preferable to having a single …

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By Nora Eckert and David Shepardson DETROIT/WASHINGTON (Reuters) -Workers at a Mercedes Benz factory in Vance, Alabama, filed a petition with U.S. regulators to hold an election to join the United Auto Workers, the union said on Friday. The SUV plant is the second to file an election petition with the National Labor Relations Board …

Alabama Mercedes Benz plant workers file for union election, UAW says Read More »