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January 14, 2019 4:30 PM VW CEO says hopes U.S. investments help avoid tariffs against EU

DETROIT (Reuters) - Volkswagen’s (VOWG_p.DE) Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump. “We hope that with the investment in Chattanooga we could make a contribution, step forward, to avoid tariffs between Europe 137

January 14, 2019 12:13 PM India's Flipkart unit Myntra and Jabong CEO steps down

(Reuters) - The chief executive officer of Myntra and Jabong, a unit of Walmart-owned Flipkart, Ananth Narayanan has left the company to pursue external opportunities, Myntra said on Monday. Narayanan is in talks to replace Ajith Mohan as the chief executive officer of video streaming service Hotstar, the Economic Times reported, citing sources 150

January 9, 2019 11:05 AM Former Insys CEO to plead guilty in opioid kickback case

BOSTON (Reuters) - The former chief executive of Insys Therapeutics Inc (INSY.O) is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication. Michael Babich, who resigned as the Arizona-based drugmaker’s CEO in 2015, is scheduled to appear in federal court in Boston 115

January 7, 2019 7:53 PM Ed McCaffrey to serve as commissioner of Pacific Pro Football

SAN DIEGO -- Don Yee, the agent for Tom Brady and other NFL stars, and three-time Super Bowl champion Ed McCaffrey will head Pacific Pro Football, a league that will provide an alternative path to the NFL that has never existed. Pacific Pro Football announced Monday that it is scheduled to begin play in July 2020 with four teams in Southern California 75

January 4, 2019 11:37 PM How the shutdown is messing with your great American vacation

Marnie Hunter and Katia Hetter, CNN • Updated 4th January 2019 The partial government shutdown in the United States raises all sorts of questions for travelers on topics from aviation safety and security to passports and national parks. Although National Park Service sites across the country have been closed during previous government shutdowns, many have initially 103

January 4, 2019 9:36 AM UK pay gap between CEOs and staff widens -lobby group

LONDON (Reuters) - The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said. The widening pay gap comes despite pressure from leading investors for excessive pay to be reined 84

January 4, 2019 2:42 AM Amazon workers strike in Spain ahead of Three Kings gift-giving

MADRID (Reuters) - Workers at Amazon’s biggest warehouse in Spain started a two-day strike on Thursday just ahead of a gift-giving feast day, as part of a long-running campaign for better pay and conditions. The strike, called by the country’s two main unions, CCOO and UGT, may affect the delivery of products for Epiphany, the day on which three kings 102

January 1, 2019 7:00 PM Doping: WADA 'bitterly disappointed' at Russia's failure to meet deadline

(Reuters) - The World Anti-Doping Agency on Tuesday said that Russian authorities had failed to provide access to laboratory doping data by WADA’s year-end deadline and that as a result it will consider sanctions against the Russian Anti-Doping Agency (RUSADA). RUSADA was stripped of its accreditation in 2015 after a WADA-commissioned report found evidence 123

December 30, 2018 2:28 PM Journalists To Drop New Year's Eve Ball in Times Square

Leading journalists will ring in the New Year Monday in New York City’s Times Square as the annual ball drop, watched globally by billions, recognizes journalism and free speech. The group of reporters and editors will appear on stage just before midnight to push the button that officially begins the 60-second countdown to the lowering of the Times Square 84

December 26, 2018 6:02 PM Facebook tops the list of least-trusted tech companies

Last week, the latest in a long string of Facebook privacy scandals came to light: According to a report in The New York Times, the company skirted its own privacy rules to give more than 150 companies, including Microsoft, Amazon, Netflix, and Spotify, special privileges to its users' data. This came days after disclosure of a bug exposing up to 6.8 million 130