(Reuters) – AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit accusing the phone company of selectively leaking financial information to Wall Street analysts, the SEC said in a court filing. Three executives of the company: Christopher Womack, Kent Evans and Michael Black, who the SEC…
By Valentina Za MILAN (Reuters) – UniCredit will reassess the remuneration of CEO Andrea Orcel ahead of its 2023 general meeting to see if the results achieved by Italy’s second-biggest bank in 2021-2022 warrant an increase, a document on its website showed. UniCredit Chairman Pier Carlo Padoan said in an emailed comment late on Friday…
By Maki Shiraki and Norihiko Shirouzu TOKYO (Reuters) -Renault SA and Nissan Motor Co are set to forgo a Wednesday announcement of a deal to restructure their automotive alliance as they struggle to bridge their differences, three people familiar with the matter said. In their discussions, Renault is looking to Nissan to invest in its…
TOKYO (Reuters) -Renault SA and Nissan Motor Co are set to forgo a Wednesday announcement of a deal to restructure their automotive alliance as they struggle to bridge their differences, Japanese television network JNN reported. In their discussions, Renault is looking to Nissan to invest in its electric vehicle business, while Nissan is seeking the…
By Rajesh Kumar Singh and David Shepardson CHICAGO (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining power aviators are enjoying in a short-staffed industry with booming travel demand. If the deal is approved by Delta pilots, it is widely…
TOKYO (Reuters) – Automakers Renault and Nissan are set to forgo an announcement on Dec. 7 of a new deal on their restructured alliance as they struggle to bridge their differences, Japanese TV network JNN reported on Friday. Both sides are involved in discussions to restructure their alliance. Renault is looking to Nissan to invest…
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) – Unilever plc asked a U.S. judge to dismiss a lawsuit by Ben & Jerry’s over the sale of its Israeli ice cream business, saying the subsidiary’s “insistence on taking sides” in the Israeli-Palestinian conflict gives its board no authority to stop or even sue over…
(Reuters) – Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have…
By Jan Strupczewski, Kate Abnett, David Lawder and Andrea Shalal WASHINGTON/BRUSSELS (Reuters) -The Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price cap on Russian seaborne crude oil after European Union members overcame resistance from Poland and hammered out a political agreement earlier in the day….
(Reuters) -More than 1,000 union employees at the New York Times Co have pledged to walk out if the news publisher does not agree to a “complete and equitable contract” by Dec. 8, according to a tweet by the union on Friday. The NYT NewsGuild has sought wages that “keep up with inflation” as well…
