CAIT asks ED to take 'strict action' against Amazon for alleged violation of law

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CAIT asks ED to take 'strict action' against Amazon for alleged violation of law

Traders’ body CAIT on Sunday said it has written to the Enforcement Directorate seeking “strict action” against Amazon, claiming that the e-commerce major has caused “misery” to small traders by resorting to predatory pricing. The Confederation of All India …
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Bezos makes first donations from $10 billion Earth Fund for fighting climate change

Jeff Bezos said Monday he is giving $791 million to 16 groups fighting climate change, the first grants from his Earth Fund, saying the money was “just the beginning of my $10 billion commitment to fund scientists, activists, NGOs, and others.” Follow the latest …
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Alaska Airlines CEO to retire in March, replaced by insider

Alaska Air Group said Monday that Brad Tilden will retire as CEO on March 31 after leading Alaska for the past eight years. He will be replaced as CEO by Ben Minicucci, a 16-year veteran of the airline who was promoted to president in 2016. Tilden will remain …
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Metal air bag fragments kill Volvo driver, touching off recall

Volvo is recalling up to 54,000 older cars in the United States after metal fragments from an exploding air bag inflator killed a driver. Auto parts supplier ZF/TRW made the inflator that ruptured and caused the death, Tom Krisher reports for the Associated Press …
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McDonald's to launch a McPlant vegetarian option

McDonalds is developing what it calls a plant-based platform called the McPlant that will debut in markets around the world early next year, according to a report in USA Today. In an investor meeting McDonald’s announced that it had worked to develop its …
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