QUITO (Reuters) – Ecuador’s President Guillermo Lasso on Wednesday described coming early elections as an opportunity to unite the country as it grapples with gang violence and political instability after Lasso dissolved the legislature earlier in May. The embattled leader is governing by decree after invoking a constitutional mechanism on May 17 that dissolved the…
By Hilary Russ NEW YORK (Reuters) – Starbucks shareholders approved a proposal for the coffee chain to conduct an independent assessment of its labor practices as it contends with hundreds of newly unionized U.S. cafes, according to voting results filed on Wednesday. The proposal won 52% of votes. Results came the same day ex-Chief Executive…
VIENNA (AP) — Herbert Diess, the Volkswagen CEO whose image had been tarnished in the fallout from the German automaker’s emissions-cheating scandal, is stepping down. In a surprise announcement Friday, the Wolfsburg, Germany-based company said Diess will depart Sept. 1 “by mutual consent” with the board. No reason was given for his departure. Oliver Blume,…
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World shares slid on Friday, pressured by uncertainty about the conflict in Ukraine and expectations the Federal Reserve will hike U.S. interest rates next week. The Nasdaq and the S&P 500 fell, weighed down by tech and growth stocks. Oil prices settled up for the day but…
WASHINGTON (AP) — Federal judges would have to publicly disclose more about their finances under a bill approved by the Senate this week, which aims to make the judiciary subject to similar transparency requirements as lawmakers. The bipartisan bill by Sens. John Cornyn, R-Texas, and Chris Coons, D-Del., is intended to make it easier for…
By David Milliken and Andy Bruce LONDON (Reuters) -Inflation in Britain rose faster than expected to its highest in nearly 30 years in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again. The annual rate of consumer price inflation increased to 5.4% from November’s…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co has sued Jes Staley, its former private banking head and later Barclays Plc’s chief executive, accusing him of entangling it with sex offender Jeffrey Epstein, and saying Staley himself had been accused of sexual assault. The largest U.S. bank filed two complaints on Wednesday…
By Chris Taylor NEW YORK (Reuters) – When Valentina Valentini was putting together gift ideas for her wedding, the freelance journalist quickly realized that a traditional registry would not work. With an apartment in London but a ceremony in California, the newlyweds would either need to fly across an ocean with a ton of stuff,…
BEIJING (AP) — A China Eastern Boeing 737-800 with 132 people on board crashed in a remote mountainous area of southern China on Monday, officials said, setting off a forest fire visible from space in the country’s worst air disaster in nearly a decade. More than 18 hours after communication was lost with the plane,…
By Brad Brooks (Reuters) – The former morgue manager at Harvard Medical School was among five people indicted by a grand jury on Wednesday over allegations they stole and sold body parts from cadavers donated to the school, federal prosecutors said. Cedric Lodge, 55, who was fired from his job on May 6, and the…
