bosses
Chinese Apple rival Xiaomi’s big bet on EVs looks like it is paying off.The SU7 EV has proven a hit in China, and even attracted praise from Ford CEO Jim Farley.The tech giant said it surpassed its 100,000 annual sales target for the SU7 by November.Xiaomi’s SU7 has got the…
European car CEOs criticize EU tariffs on Chinese EVs, urging learning from rivals.EU plans tariffs up to 35% on Chinese EVs, fearing market disruption by cheap imports.Stellantis partners with Leapmotor, gaining exclusive rights to sell its EVs outside China. European car bosses have a solution to the Chinese EV invasion…
By Joe Brock, Allison Lampert and Matt McKnight SEATTLE (Reuters) – Boeing (NYSE:) bosses are staring down the barrel. The twists and turns of the past week paint a picture of managers badly wrong-footed by the depth of fury among workers who tossed out a 25% pay rise deal and…
Australia has joined the growing list of countries granting their workers a little more work-life balance.A new “right to disconnect” law went into effect in the country on Monday. It allows most workers to ignore communications from their bosses sent after hours without fear of retaliation.That means late-night emails and…
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris and Republican rival Donald Trump are locked in a tight race ahead of the November presidential election and some on Wall Street are picking sides. Here’s what we know about how some of Wall Street’s top bosses are leaning. BILL ACKMAN, CEO,…
Several Chinese companies have been accused of introducing a controversial and illegal new step to their recruitment process: Pregnancy tests.Prosecutors in Nantong, a city in the province of Jiangsu, investigated 16 companies which they said had 168 candidates take pregnancy tests as part of physical pre-employment exams, according to a…
The Biden administration on Tuesday proposed the first-ever national standards for protecting workers during excessive heat.The rule, if finalized, would affect about 35 million workers across the country in industries like construction, agriculture, delivery, landscaping, and utility line repair. Workers in restaurants and factories where there isn’t access to air…
By Helen Reid PARIS (Reuters) – Nike (NYSE:) is spending more on this Olympics than any previous Games, top executives said on Friday, as the U.S. sportswear brand embarks on a marketing push it hopes will revive flagging sales and help compete with upstart rivals. Sportswear makers are looking to…
