NLRB dismisses Starbucks charge against union organizers

The National Labor Relations Board has dismissed a charge Starbucks filed against union organizers in Phoenix, saying there was not enough evidence that pro-union workers blocked store entrances or intimidated customers during a spring rally. Seattle-based Starbucks filed the charge with the labor board in April. The company contended that pro-union workers violated U.S. labor…

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U.S. Considers Crackdown On Memory Chip Makers In China

U.S. Considers Crackdown On Memory Chip Makers In China

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies.     If…

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Stellantis Unit Sentenced In U.S. Diesel Emissions Probe, Will Pay $300 Million

Stellantis Unit Sentenced In U.S. Diesel Emissions Probe, Will Pay $300 Million

By David Shepardson WASHINGTON (Reuters) -The U.S. business of Fiat Chrysler Automobiles was sentenced Monday after pleading guilty in June to criminal conspiracy and will pay nearly $300 million to resolve a multi-year U.S. Justice Department diesel-emissions fraud probe. FCA US LLC, formerly Chrysler Group LLC, previously struck a plea agreement with the Justice Department…

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Pinterest Shares Jump 20% After Elliott Discloses It Is The Largest Shareholder

Pinterest Shares Jump 20% After Elliott Discloses It Is The Largest Shareholder

(Reuters) -Activist Investor Elliott Investment Management said on Monday it had become the largest shareholder in Pinterest Inc and that it saw potential for growth, sending shares of the pin-board company up 21%. “Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today has…

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