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Investing
German government to quiz Deutsche Bahn over fraud allegations
The German government is to quiz Deutsche Bahn’s executive board over allegations of fraud made by two whistleblowers regarding the €8.2bn construction of a new station in Stuttgart.The state-owned railway operator in 2016 received repeated…
Union accuses H&M of violating own policies in warehouse dispute
A Dutch trade union has accused fashion retailer H&M and its logistics partner of cutting break times for warehouse staff and refusing to engage with workers in an alleged violation of local labour laws and its own policies.Migrant…
Holmes accuses former business partner of abuse in Theranos trial
Theranos founder Elizabeth Holmes accused her former boyfriend and business partner Ramesh Balwani of repeated forced sex during testimony in her criminal fraud trial, casting him as an abusive partner who strongly influenced her management…
Latest news updates: CDC says all US adults should get Covid-19 booster in expansion of…
Naomi Rovnick in London, William Langley in Hong Kong and Nicholas Megaw in New YorkUS stocks partially recovered on Monday after news of the Omicron coronavirus variant triggered a sharp sell-off late last week, as investors settled in for…
Ghislaine Maxwell described as ‘predator’ at sex-trafficking trial
Ghislaine Maxwell was alternately described as a “predator” who enabled Jeffrey Epstein’s sexual abuse of underage girls and a woman wrongly blamed for the sins of a man, as the British socialite’s criminal trial started in a New York court…
Omicron threatens to imperil US economic recovery, says Powell
Rising Covid-19 cases and the new Omicron variant threaten to imperil the economic recovery and exacerbate inflationary pressures, Federal Reserve chair Jay Powell is set to tell US lawmakers on Tuesday.In testimony to be delivered at a…
Amazon ordered to hold rerun of union election at Alabama facility
A US labour official has ordered a rerun of the vote for unionisation at an Amazon distribution centre in Alabama, saying the ecommerce giant had “essentially hijacked” the process.Amazon won the closely watched vote in April by 1,798 votes…
Thanksgiving impeded detection of Omicron, warns genomics giant
The race to unearth the first confirmed case of the Omicron variant in the US has been dealt a setback by laboratory closures over the Thanksgiving holiday, according to the chief executive of the world’s largest gene sequencing company.…
US watchdog demands information from nine companies in supply chain probe
The Federal Trade Commission has asked retailers and consumer goods groups in the US, including Amazon and Walmart, to hand over information about their supply chains as it probes bottlenecks and high prices afflicting the economy. The move…
How To Lower Your Monthly Mortgage Payment
We all have good intentions when we set out to buy a home and budget for it. We imagine getting paid the amount we’ve come to expect and we anticipate paying bills on time … until life happens and things change. Careers change, things break…
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