WASHINGTON – If you’re a shareholder in a major corporation, having your voice heard may soon become harder. Tucked into a Republican bill to defang the Dodd-Frank financial rules is a provision to make it more difficult to bring proposals to a shareholder vote. It would mean fewer investors could force votes on issues important to them – from executive pay to political spending to gender discrimination.
Former U.S. deputy attorney general Larry Thompson, who must certify the policies and practices Volkswagen is putting in place to ensure compliance with anti-fraud and environmental laws, said his “initial impression is that the company is taking this very seriously and is not waiting for the monitor” to make proposals.
Eugene Kaspersky, co-founder of the Russian cybersecurity firm, said Tuesday that the company had filed antitrust complaints accusing Microsoft of making it more difficult to run Kaspersky antivirus software in Windows 10 and favoring a Microsoft-built alternative.
The company will open the first of its Scion line of hotels – marketed as a four-star boutique brand – early next year through a deal the company inked for a property under construction in Cleveland, Mississippi, population 15,800. The Trump Organization also announced three hotels under a new brand called American Idea.
The move seems aimed at extending Amazon’s reach well beyond the upper- and middle-class customers that underpin its business – right as the e-commerce giant intensifies its battle against a reinvigorated Wal-Mart.
U.S. employers advertised the most open jobs in April in 16 years, yet hiring fell and fewer people quit work. The figures suggest that businesses are struggling to find qualified employees as the unemployment rate declines.
Google parent company Alphabet Inc. joined rarefied company Monday when it for the first time reached a $1,000 share price. Shares of the tech company rose $7.76, or 0.78 percent, to close at $1,003.85.
The White House on Monday formally endorsed a plan to spin off more than 30,000 federal workers into a private nonprofit corporation, separating the nation’s air traffic controllers and those who work on a $36 billion modernization program from the Federal Aviation Administration.
Orders to U.S. factories fell in April for the first time in five months amid declining demand for heavy machinery, iron and steel, and commercial airplanes. A key category that tracks business investment was weak for a third month.
When Denice Harris started working at AAA, she had to wear nylons and men were required to wear ties. Now struggling to recruit employees, AAA is doing everything from allowing jeans to being flexible on the required qualifications for some positions.
NATURE -- Most butterflies seem to have benefited from blooms produced by this year's abundance of moisture in Eastern Washington, experts from the Washington Butterfly Association report. Exceptions could include ...