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Wide World of Work http://www.wideworldofwork.com News & Views About Employment & Careers Fri, 19 Jan 2018 23:52:10 +0000 en-US hourly 1 https://wordpress.org/?v=4.7.9 34424519 ADM pursues big ag merger with grain trader Bunge: WSJhttp://www.wideworldofwork.com/2018/01/19/adm-pursues-big-ag-merger-with-grain-trader-bunge-wsj/ Fri, 19 Jan 2018 23:52:10 +0000 http://www.wideworldofwork.com/2018/01/19/adm-pursues-big-ag-merger-with-grain-trader-bunge-wsj/ CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .

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Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco dealhttp://www.wideworldofwork.com/2018/01/19/parent-company-of-7-eleven-agrees-to-divest-some-u-s-stores-in-sunoco-deal/ Fri, 19 Jan 2018 23:07:47 +0000 http://www.wideworldofwork.com/2018/01/19/parent-company-of-7-eleven-agrees-to-divest-some-u-s-stores-in-sunoco-deal/ WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some of its stores in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.

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Venezuela's woes poised to hit U.S. oilfield service firms' earningshttp://www.wideworldofwork.com/2018/01/19/venezuelas-woes-poised-to-hit-u-s-oilfield-service-firms-earnings/ Fri, 19 Jan 2018 23:02:30 +0000 http://www.wideworldofwork.com/2018/01/19/venezuelas-woes-poised-to-hit-u-s-oilfield-service-firms-earnings/ HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.

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McDonald's 'joint employment' trial delayed amid settlement talkshttp://www.wideworldofwork.com/2018/01/19/mcdonalds-joint-employment-trial-delayed-amid-settlement-talks/ Fri, 19 Jan 2018 22:52:05 +0000 http://www.wideworldofwork.com/2018/01/19/mcdonalds-joint-employment-trial-delayed-amid-settlement-talks/ (Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.

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Wall Street ends higher despite government shutdown threathttp://www.wideworldofwork.com/2018/01/19/wall-street-ends-higher-despite-government-shutdown-threat/ Fri, 19 Jan 2018 22:30:33 +0000 http://www.wideworldofwork.com/2018/01/19/wall-street-ends-higher-despite-government-shutdown-threat/ NEW YORK (Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.

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FTC makes second request on Broadcom's bid for Qualcommhttp://www.wideworldofwork.com/2018/01/19/ftc-makes-second-request-on-broadcoms-bid-for-qualcomm/ Fri, 19 Jan 2018 22:18:49 +0000 http://www.wideworldofwork.com/2018/01/19/ftc-makes-second-request-on-broadcoms-bid-for-qualcomm/ (Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.

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Judge overseeing AT&T, Time Warner merger trial hears document disputehttp://www.wideworldofwork.com/2018/01/19/judge-overseeing-att-time-warner-merger-trial-hears-document-dispute/ Fri, 19 Jan 2018 21:59:12 +0000 http://www.wideworldofwork.com/2018/01/19/judge-overseeing-att-time-warner-merger-trial-hears-document-dispute/ WASHINGTON (Reuters) - AT&T , owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner , their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.

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GE shares stumble to worst week since financial crisishttp://www.wideworldofwork.com/2018/01/19/ge-shares-stumble-to-worst-week-since-financial-crisis/ Fri, 19 Jan 2018 21:27:43 +0000 http://www.wideworldofwork.com/2018/01/19/ge-shares-stumble-to-worst-week-since-financial-crisis/ NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

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Delaware sues opioid manufacturers, distributors over epidemichttp://www.wideworldofwork.com/2018/01/19/delaware-sues-opioid-manufacturers-distributors-over-epidemic/ Fri, 19 Jan 2018 20:54:38 +0000 http://www.wideworldofwork.com/2018/01/19/delaware-sues-opioid-manufacturers-distributors-over-epidemic/ (Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.

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Journalists at The Los Angeles Times Vote to Form a Unionhttp://www.wideworldofwork.com/2018/01/19/journalists-at-the-los-angeles-times-vote-to-form-a-union/ Fri, 19 Jan 2018 19:48:23 +0000 http://www.wideworldofwork.com/2018/01/19/journalists-at-the-los-angeles-times-vote-to-form-a-union/ By a 248-44 vote, newsroom employees have defied an anti-union campaign by Tronc management. The announcement came the day after a report detailing harassment allegations against The Times’ publisher.

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