The error, ascribed to fat fingers, has led to a public outcry. Some employees were quick to sell the shares mistakenly issued to them. South Korean authorities are investigating the incident. On Tuesday, South Korea’s National Pension Service, the countries… Read More ›
employees
Republican Senators introduces bill blocking U.S. government from using telecome equipment from Huawei Technologies and ZTE Corp
This development aims to provide a systemic protection to U.S. infrastructure and businesses that may have been so far vulnerable to sniffing by adversaries. Pregnant with geo-economic and geo-political implications the move underscores a growing awareness within the U.S. establishment… Read More ›
Uber’s CEO to visit India and Japan to boost firm’s image
The charm offensive is aimed at prucing up the firm’s image and reassuring employees, partners, regulators and government officials that Uber means well and wants to improve the quality of services in the country. Uber Chief Executive, Dara Khosrowshahi, is… Read More ›
Sherpa and ActionAid-Peuples drag Samsung Electronics to court over deceptive marketing practices in France
The complaint comes in the wake of France adopting a law which states that MNCs that sell their products in the country must respect the human rights of its employees as well as their work environment. On Thursday, two rights… Read More ›
The fate of Travis Kalanick, Uber’s CEO, hangs in the balance as Uber’s board considers key policy changes
Kalanick could do with a vacation. As per a source familiar with the matter at hand, on Sunday Uber Technologies’ board discussed the temporary stepping away of Travis Kalanick, its Chief Executive, as the embattled ride-hailing company considers significant… Read More ›
Starbucks to hire 10K refugees from 75 countries spread across 5 years
Initially, those who have acted as support staff for U.S. troops stationed abroad are likely to be recruited. Two days after U.S. President Donald Trump issued his executives order which banned refugees from certain countries, Starbucks Corp’s CEO, Howard Schultz… Read More ›
Harvard Management Co to outsource most endowment management
Harvard Management Co oversees the United States’ largest endowment. The Wall Street Journal has reported citing sources familiar with the matter at hand that Harvard University’s investment arm is likely to outsource the management of its $35.7 billion endowment and… Read More ›