Huawei, SMIC Suppliers Received Billions’ Value of Licenses for US Goods Documents

WASHINGTON, Oct. 21 (Reuters) – Suppliers to Chinese telecommunications giant Huawei and China’s leading chipmaker SMIC were granted billions of dollars in licenses from November to April to sell them goods and technology despite being blacklisted for U.S. trade stand, as Reuters-viewed documents showed on Thursday. According to the documents, 113 export licenses worth $ … Read more

EXCLUSIVE PwC Tells U.S. Employees Never Have To Return To The Office

The Price Waterhouse Coopers logo can be seen in its Berlin office in Berlin on September 20, 2019. REUTERS / Wolfgang Rattay // File Photo NEW YORK, Sept. 30 (Reuters) – Accounting and consulting firm PwC announced to Reuters that it will enable all of its 40,000 US customer service reps to work and live … Read more

New demographics show a persistent divide on Amazon

Sept. 23 (Reuters) – The ranks of Amazon.com Inc’s (AMZN.O) executives remained largely white, although the percentage of non-white executives rose modestly while minorities continued to make up most of the workforce when the online Merchants grew rapidly during the COVID-19 pandemic, according to new company data. The disclosure made Amazon the largest company to … Read more

Fed’s Powell orders a full ethics review after officials’ deal sparked an outcry

WASHINGTON, Sept. 16 (Reuters) – Federal Reserve Chairman Jerome Powell has mandated a major review of the ethics rules for financial stocks and transactions by senior federal officials, a Fed spokesman said Thursday. Powell ordered the review late last week, the spokesman said in a statement emailed after recent reports that two of the 12 … Read more

Uber drivers are employees, not contractors, says the Dutch court

Union says the ruling gives workers more wages and rights Uber wants to appeal the Dutch court decision The latest setback for companies in the gig economy AMSTERDAM, Sep 13 (Reuters) – Uber (UBER.N) Drivers are employees, not contractors, and are therefore entitled to greater employee rights under local labor law, a Dutch court ruled … Read more