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Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

January 30, 2017 by · Leave a Comment 

Starbucks Corp Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump's executive order banning refugees from certain countries. Trump on Friday put a four-month hold on allowing refugees into the United States and temporarily barred travelers from Syria and six other Muslim-majority countries,

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Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth

January 30, 2017 by · Leave a Comment 

By Tim McLaughlin BOSTON (Reuters) – The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as they turn their spending habits upside down to boost profits and to re-invest in their businesses. The upswing in zero-based budgeting (ZBB) signals that a broader cross-…

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Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth

Trump travel ban stirs faint corporate outcry beyond Silicon Valley

January 30, 2017 by · Leave a Comment 

NEW YORK/BOSTON (Reuters) – Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the…

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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

Oil slides as strong U.S. drilling activity weakens deal to cut output

January 30, 2017 by · Leave a Comment 

By Karolin Schaps LONDON (Reuters) – Oil prices fell on Monday as news of another increase in U.S. drilling activity spread concern over rising oil output just as many of the world's oil producers are trying to comply with a deal to pump less in an attempt to prop up prices. The number of active U.S. oil rigs rose to the highest since November 2015 …

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Oil slides as strong U.S. drilling activity weakens deal to cut output

Shares fall, dollar dips versus yen after Trump travels curbs

January 30, 2017 by · Leave a Comment 

By Nigel Stephenson LONDON (Reuters) – Shares fell in Europe and Asia on Monday and the dollar dipped against the yen after immigration curbs introduced by Donald Trump added an extra layer of uncertainty to the economic impact of the new U.S. president's policies. French 10-year yields hit a 16-month high in early trade after an opinion poll showed conservative presidential election candidate …

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Shares fall, dollar dips versus yen after Trump travels curbs

Starbucks in crosshairs as Mexico boycott campaign simmers

January 28, 2017 by · Leave a Comment 

Seeking to quell a social media campaign imploring Mexicans to boycott U.S. companies, Starbucks defended itself on Friday, saying it had invested millions in the country, created more than 7,000 jobs, and that its local unit is Mexican-owned. The statement came after disparate social media campaigns directed at U.S. companies based in Mexico gained …

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Starbucks in crosshairs as Mexico boycott campaign simmers

German‎ watchdog suspected VW scam on CO2 emissions: report

January 28, 2017 by · Leave a Comment 

Germany's motor industry watchdog raised suspicions Volkswagen was using prototype vehicles to lower carbon dioxide (CO2) emissions in tests in 2015 soon after VW's manipulation of diesel emissions tests was uncovered, the Berliner Zeitung newspaper reported on Saturday. It quoted the Federal Motor Transport Authority (KBA) as telling VW in a November 2015 email it would choose test models randomly and appoint new external experts to carry out testing because of doubts about…

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German‎ watchdog suspected VW scam on CO2 emissions: report

Snapchat to reveal financials within a week: sources

January 28, 2017 by · Leave a Comment 

The sources, who cautioned that Snapchat's plans may still change, asked not to be named because the information is private. A spokeswoman for Snap Inc declined to comment. Snap Inc expects to go public as soon as March and could be valued at $20 billion to $25

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Snapchat to reveal financials within a week: sources

Buffett, Gates have hope for America after Trump ascension

January 28, 2017 by · Leave a Comment 

Bill Gates and Warren Buffett on Friday expressed optimism that the United States will move ahead as a nation, even as it works through political differences and gets used to the new Trump administration. The world's two richest people were speaking to students at Columbia University after U.S. President Donald Trump started to unwind the work of his predecessor Barack Obama in a…

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Buffett, Gates have hope for America after Trump ascension

U.S. companies scramble to cope with seven-country immigration ban

January 28, 2017 by · Leave a Comment 

U.S. companies scrambled on Saturday to cope with the fallout from President Trump's executive order on immigration, with Google urgently calling back employees from overseas and companies rushing to provide legal advice and …

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U.S. companies scramble to cope with seven-country immigration ban

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