UPS air maintenance workers threaten strike ahead of shareholders meeting
(Reuters) – A union representing 1,200 U.S. air maintenance workers at United Parcel Service Inc turned up pressure on the company on Sunday to settle a three-year contract dispute, saying it would seek clearance to strike.
Source: Reuters Business News
Trump could target 'carried interest' tax loophole: official
WASHINGTON (Reuters) – The Trump administration’s push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince Priebus said on Sunday.
Source: Reuters Business News
Off target in 2016, global elite regroup at Milken conference
BEVERLY HILLS, Calif. (Reuters) – Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate – and profit from – hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.
Source: Reuters Business News
Siemens, SAP sign cooperation deals with Saudi Arabia: officials
JEDDAH (Reuters) – Saudi Arabia wants German companies Siemens and SAP to play an important role in furthering the kingdom’s “digital transformation”, company officials said on Sunday during German Chancellor Angela Merkel’s visit to the country.
Source: Reuters Business News
Sudden collapse of Alitalia would be a shock to Italy's economy-minister
ROME (Reuters) – A sudden collapse of loss-making national airline Alitalia [CAITLA.UL] would be a great shock for Italy’s economy, Industry Minister Carlo Calenda said on Sunday.
Source: Reuters Business News
Bailout or bust? Alitalia divides a nation, paralyzes Rome
ROME/MILAN (Reuters) – Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed.
Source: Reuters Business News
Zalando ponders opening stores in major cities: Manager Magazin
BERLIN (Reuters) – Online fashion retailer Zalando is pondering opening stores in major cities such as London, Paris or Berlin, the company’s co-chief executive told Germany’s Manager Magazin.
Source: Reuters Business News
Google gets Australian tax office demand to pay more, says to fight it
SYDNEY (Reuters) – Alphabet Inc’s Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is trying to claw back billions of dollars from multinational corporations citing unpaid taxes.
Source: Reuters Business News
Amazon's moves beyond retail get Wall Street thumbs up, for now
SAN FRANCISCO (Reuters) – Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus.
Source: Reuters Business News
In first 100 days, a reversal of fortune for Trump favorites on Wall Street
SAN FRANCISCO (Reuters) – A funny thing happened on Wall Street in Donald Trump’s first 100 days in the White House: Shares of companies that got closest to the president lagged the market’s march higher.
Source: Reuters Business News