Merkel Rejects Trump Claims That German Cars Are Threat

Chancellor Angela Merkel took President Donald Trump to task before an audience of senior security officials in Munich, calling his administration’s suggestion that European autos are a threat to U.S. national security a “shock.” In a pointed defense of multilateral institutions ahead of a speech by U.S. Vice President Mike Pence at the Munich Security Conference, the German leader called […]

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E.U. Parliament Member Eva Kaili Endorses Blockchain Technology

European Parliament member Eva Kaili at the recent Ripple Regionals event in London talked about the benefits of blockchain and E.U.’s new positive approach to regulation. Kaili, who was elected in 2014 representing Greece, talked about how the E.U. will regulate blockchains and digital assets, according to a blog post by Ripple. She talked that she wants to work towards […]

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Aryzta faces class action lawsuit in US over work practices at bakery

Cuisine de France owner Aryzta is facing a lawsuit in Chicago against the company and a third-party personnel provider in relation to alleged work practices at Aryzta’s former facilities in the city. The lawsuit, that aims to initiate a class action, claims that the two companies failed to pay minimum wage and overtime entitlements and breached other labour laws when […]

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Citigroup CEO gets $24 million as compensation in 2018

(Reuters) – Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million. Corbat’s total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members […]

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Amazon invites Ocasio-Cortez for tour, calls worker claims untrue

WASHINGTON (Reuters) – A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face “dehumanizing conditions” as being untrue and invited her to take a tour of company facilities. Ocasio-Cortez, a newly elected progressive Democrat who was an outspoken critic of the plans to locate Amazon’s second headquarters in a New York City […]

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Dave Smith Dies: Walt Disney Archives Founder Was 78

Walt Disney Archives founder and Disney Legend Dave Smith died today in Burbank, California at age 78. His four-decade career at The Walt Disney Company was dedicated to preserving Disney’s treasures from film, television, theme parks, and beyond. Named a Disney Legend in 2007, Smith shared his wide knowledge of the company’s rich history in books and through his popular […]

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Venezuela opposition to leave Citgo funds, management untouched: envoy

WASHINGTON (Reuters) – Venezuela’s opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government’s U.S. envoy said on Friday. The opposition will not make changes to the refining company’s management or operations until Juan Guaido, […]

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China and U.S. to Continue Trade Talks Next Week

BEIJING — Talks between the United States and China to end their trade war will continue in Washington next week, officials from both countries said on Friday, hours after high-level negotiations between American and Chinese diplomats ended in Beijing. While the White House described “progress” in the talks, many issues remain unresolved and the discussions will continue as both sides […]

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