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Monthly Archives: July 2018

Trump’s right on trade — Europe has been ‘free-riding for too long,’ fund manager says

Win McNamee | Getty Images President Donald Trump arrives at a ‘Face-to-Face With Our Future’ event at the White House June 27, 2018 in Washington, DC. Trump addressed the group to offer career advice for young adults who are just embarking on their professions.  Relations have deteriorated since, while the …

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Iran says Trump’s oil ban on Iran is ‘self harm’ — SHANA

Ali Mohammadi/Bloomberg via Getty Images A support vessel flying an Iranian national flag sails alongside the oil tanker ‘Devon’ as it prepares to transport crude oil to export markets in Bandar Abbas, Iran, on Friday, March 23, 2018. President Donald Trump’s pressure on international firms not to buy Iranian oil …

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Uber returns to Finland after a change to strict transport laws

Bloomberg | Getty Images Dara Khosrowshahi, Uber’s pick for CEO, listens during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 4, 2016. Uber is re-launching its services in Finland, following an almost one-year suspension that resulted from the country’s strict transportation laws. Two of its most popular services, …

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OECD employment outlook blames big tech for poor wage growth

ERIC PIERMONT | AFP | Getty Images Organisation for Economic Co-operation and Development (OECD) General Secretary Angel Gurria gestures as he addresses a meeting at OECD headquarters in Paris on June 7, 2017. The emergence of “superstar” tech firms is hurting the pay packets of workers, the Organization for Economic …

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Sainsbury’s sales growth slows in latest quarter

Jason Alden | Bloomberg | Getty Images The Sainsbury’s logo stands above the entrance to the J Sainsbury Plc flagship store in London, U.K. Sainsbury’s, Britain’s second biggest supermarket group which agreed a 7.3 billion pound ($9.7 billion) takeover of rival Asda in April, saw sales growth slow in its …

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EU considering international talks to cut car tariffs, report says

Adam Berry | Getty Images An employee performs the final inspection of a Golf 7 automobile at the Volkswagen in Wolfsburg, Germany. The proposal is being looked at by officials in Brussels, the administrative heartland of the European Union, ahead of a meeting between Jean-Claude Juncker, the president of the …

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Uber is reportedly in talks with Dubai’s Careem to merge in Middle East

Adriano Machado | Reuters The chief executive of Uber Technologies, Dara Khosrowshahi. Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on Tuesday, citing three people familiar with the matter. The companies have discussed several potential deal structures and under one …

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LaCroix CEO reportedly accused of inappropriately touching two pilots

Vivien Killilea | Getty Images Entertainment | Getty Images LaCroix Sparkling Water at the EcoLuxe Lounge in Park City, Utah.  Nick Caporella, CEO of LaCroix parent company National Beverage, has been slapped with lawsuits by two pilots alleging sexual harassment, The Wall Street Journal reported Tuesday. The two former employees …

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Barnes & Noble fires CEO Demos Parneros 

Craig Warga | Bloomberg | Getty Images Pedestrians pass in front of a Barnes and Noble Inc. store in New York, Nov. 24, 2013. Barnes & Noble said Tuesday that it has fired CEO Demos Parneros for violating company policies. The company did not specify exactly which policies were violated. …

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Google Cloud COO Diane Bryant has left after less than a year

David Paul Morris | Bloomberg | Getty Images Diane Bryant, Google Cloud COO. Google Cloud’s chief operating officer, Diane Bryant, has left the company after less than a year. “We are grateful for the contributions she made while at Google and we wish her the best in her next pursuit,” …

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