Hundreds of Amazon warehouse workers walk out over pay, UK union says
Hundreds of Amazon workers at a warehouse in Tilbury in southeast England have walked out in protest over pay, the trade union GMB said, the…
Category: Business
U.S. banker bonuses set to slide while traders benefit, study says
Bonuses for Wall Street bankers are projected to plunge as much as 45% this year as business dries up. Payouts for investment bankers who underwrite…
Bombardier boosts free cash on private flying, shares up 5%
Business jet maker Bombardier Inc (BBDb.TO) on Thursday reported a smaller second-quarter loss and forecast better-than-expected annual free cash flow, helped by strong demand for…
Bayer says arbitration ruling over BASF claims is imminent
Bayer’s (BAYGn.DE) chief executive said an arbitration court would soon decide on claims brought by rival BASF , saying it overpaid for assets that Bayer…
EV firms Lordstown Motors, Nikola stick to production targets
Electric-vehicle makers Lordstown Motors Corp (RIDE.O) and Nikola Corp (NKLA.O) on Thursday shrugged off supply chain snarls that weighed on peers to reaffirm annual production…
European shares edge higher on earnings lift; growth fears persist
European shares eked out gains on Thursday as some strong quarterly results lent support, while Britain’s FTSE 100 underperformed peers after the UK central bank…
Tennessee sues Walgreens pharmacy chain over opioid distribution
The state of Tennessee sued Walgreens on Wednesday, accusing the retail pharmacy giant of fueling the state’s opioid epidemic by willfully flooding the market with…