Five McDonald's workers in Chicago filed a class action lawsuit against the chain on Tuesday, accusing it of failing to adopt government safety guidance on COVID-19 and endangering employees and their families.
Volkswagen said it agreed with a German court to pay 9 million euros (US$9.9 million) to end legal proceedings against its chairman and chief executive, who were accused of holding back market-moving information on rigged emissions tests.
First Data Merchant Services LLC and a former executive will pay nearly US$40.3 million to settle U.S. civil charges they knowingly processed payments and helped launder credit card transactions in four scams that harmed hundreds of thousands of consumers.
Facebook Inc is launching Facebook Shops, a service that will allow small businesses to display and sell their products on the social network's platforms, Chief Executive Officer Mark Zuckerberg said on Tuesday.
Canada's competition watchdog said on Tuesday it had fined Facebook Inc CUS$9 million (US$6.5 million) after an investigation found the social network made "misleading" claims about personal information of Canadians on Facebook and Messenger.
The Federal Aviation Administration said Tuesday it will require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.
General Motors Co is "almost there" on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday.
French carmaker Renault has sealed a deal with banks on a 5 billion-euro (US$5.47 billion) state-guaranteed loan to help the company to cope with the coronavirus outbreak, two sources close to the matter told Reuters on Tuesday.
WASHINGTON: Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday (May 19) as US lawmakers grilled them about the uneven nature of the fiscal response to the fallout from the coronavirus pandemic. Powell and Mnuchin were testifying to ...
BEIJING: Luckin Coffee, a Starbucks competitor in China, said on Tuesday (May 19) it has been asked by NASDAQ to delist from the US stock exchange following a massive fraud scandal that has shaken the company. The announcement comes almost exactly a year after Luckin Coffee made a stunning...
