By Jonathan Stempel (Reuters) – Eli Lilly and Co was sued on Monday by the U.S. Equal Employment Opportunity Commission, which accused the drugmaker of illegally refusing to hire older workers for sales representative jobs because of their age. The complaint said Lilly’s violations began after Stephen Fry, its senior vice president for human resources…
By Tom Hals WILMINGTON, Del. (Reuters) -Billionaire Elon Musk’s tendency to dish out insults while being questioned under oath will be tested anew this week, when lawyers for Twitter Inc are expected to interview the Tesla Inc CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company….
By Thomas Escritt and Stine Jacobsen BERLIN/COPENHAGEN (Reuters) -Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned Nord Stream 2 pipeline drained into the Baltic Sea. The German government said it was in contact with…
Starbucks said Monday that it wants to start contract negotiations next month at hundreds of U.S. stores that have voted to unionize. The Seattle coffee giant said it sent letters to 234 stores offering a three-week window in October to start negotiations. All of those stores — located in 36 states and the District of…
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -U.S. Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping U.S. stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. Asked at a Washington Post event whether he felt U.S. investors had taken an overly optimistic view of…
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street slid further into bear market territory on Monday as investors fretted that the Federal Reserve’s aggressive campaign against inflation could throw the U.S. economy into a sharp downturn. After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average…
BELGRADE, Serbia (AP) — The European Union and the U.S. on Monday questioned Serbia’s proclaimed commitment to join Europe’s 27-nation bloc after Belgrade signed an agreement with Moscow pledging long-term “consultations” on foreign policy matters amid Russia’s war in Ukraine. Serbia’s officials signed the deal last week in New York with Russian Foreign Minister Sergey…
By Julie Gordon and Ismail Shakil OTTAWA (Reuters) – Inflation is too high in Canada, so the Bank of Canada needs to increase interest rates to slow spending and give the economy time to catch up, Governor Tiff Macklem said on Monday in a video posted by the central bank on Twitter. “Inflation is too…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event on Sept. 30, hoping to expand beyond self-driving cars that have not yet become reality despite his repeated promises. While robots are widely used for specialist tasks at factories, other companies have struggled…
ANKARA, Turkey (AP) — Turkey on Monday summoned the Greek ambassador to protest the alleged deployment of dozens of U.S.-made armored vehicles to Greek islands which Ankara says should remain demilitarized in line with international treaties. President Recep Tayyip Erdogan warned, meanwhile, that Turkey wouldn’t hold back on defending its rights and interests against Greece….
