Business – Page 611 – Freedom 96.9

US agency sues Coca-Cola bottler over employee event that excluded men

Thursday, February 19 by SRN News

By Daniel Wiessner Feb 18 (Reuters) - A U.S. civil rights agency has sued a bottler and distributor of Coca-Cola products it accuses of sex discrimination over an employee networking event that excluded men, its first lawsuit over workplace diversity programs since President Donald Trump... Read More.

DoorDash forecasts upbeat quarterly order value as delivery demand stays firm

Thursday, February 19 by SRN News

By Angela Christy M Feb 18 (Reuters) - Food delivery company DoorDash forecast first-quarter marketplace gross order value above Wall Street estimates on Wednesday, buoyed by steady demand and aggressive expansion across grocery, retail and international markets. Shares of the company jumped nearly 14% after the... Read More.

US DOJ probes Warner Bros’ planned sale impact on theaters, Bloomberg News reports

Thursday, February 19 by SRN News

Feb 18 (Reuters) - The U.S. Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on Wednesday. Reuters could not independently verify the report. Warner Bros... Read More.

Copper climbs on dip-buying, tech shares recovery

Wednesday, February 18 by SRN News

LONDON, Feb 18 (Reuters) - Copper rose higher on Wednesday, bouncing back from a more than one-week low in the previous session, as investors stepped in to buy the dip and as industrial metals prices tracked a rebound in tech stocks. Benchmark copper on the... Read More.

Nestle weighs reducing exposure to ice cream business, Bloomberg News reports

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Nestle is weighing a smaller presence in the ice cream business and has been reviewing options, including a possible reduction of its stake in Froneri, Bloomberg News reported on Wednesday. The Switzerland-based food and drink maker may also consider selling some... Read More.

Transportation Department says more than 550 driving schools should close over safety failures

Wednesday, February 18 by SRN News

More than 550 commercial driving schools in the U.S. that train truckers and bus drivers must close after investigators found they employed unqualified instructors, failed to adequately test students and had other safety issues, the federal Transportation Department planned to announce Wednesday. The move marks... Read More.

Elliott pushes for divestments, 5 billion pound buyback at LSE Group, Bloomberg News reports

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Activist investor Elliott Investment Management is urging London Stock Exchange to launch a review of its portfolio and pursue a 5 billion pound ($6.76 billion) share buyback over the next year, Bloomberg News reported on Wednesday, citing people familiar with... Read More.

Italy’s Cucinelli says it resumed shipments to Saks at end-January

Wednesday, February 18 by SRN News

MILAN, Feb 18 (Reuters) - Italian luxury group Brunello Cucinelli said it resumed shipments to Saks Global at the end of January, receiving regular payments, and saw no financial hit in 2026 from the U.S. luxury retailer's bankruptcy. Saks Global - owner of Saks... Read More.

Exclusive-Ivory Coast considers following Ghana with cocoa price cut, sources say

Wednesday, February 18 by SRN News

By Ange Aboa ABIDJAN, Feb 18 (Reuters) - Ivory Coast is considering cutting the price it pays farmers for cocoa beans to align with Ghana, two government sources told Reuters, as the world's biggest producers of the chocolate ingredient face a major crisis. The senior Ivory... Read More.

US says oil companies must pay local taxes, fees to Venezuelan government

Wednesday, February 18 by SRN News

WASHINGTON, Feb 18 (Reuters) - The U.S. Treasury Department said on Wednesday that companies working in the Venezuelan oil business must pay local taxes, permits and fees to the government of Venezuela, while royalties and federal taxes must be paid into a fund managed... Read More.

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