Volkswagen made a racist ad. Here's why no one got fired

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Volkswagen made a racist ad. Here's why no one got fired

London (CNN Business) Volkswagen on Thursday blamed a “lack of sensitivity and procedural errors” for its failure to prevent the creation and publication of a racist video but resisted calls to fire those responsible. The German company apologized last month …
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UK competition watchdog gives Viagogo, StubHub time to allay concerns

(Reuters) – Ticket reseller Viagogo has a week’s time to submit proposals addressing competition concerns over its $4.05 billion deal for the ticketing unit of U.S. e-commerce company eBay Inc (EBAY.O), UK’s competition watchdog said on Thursday. The deal …
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Mall owner Simon terminates its deal to buy Taubman due to pandemic

The biggest U.S. mall owner Simon Property Group said Wednesday morning it has exercised its contractual rights to terminate its deal to acquire the high-end mall owner Taubman. Taubman shares tanked more than 40% on the news. Simon shares were …
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Gonzales children's products maker Crown Crafts to suspend investor dividend to save cash

Crown Crafts Inc., the Gonzales-based maker of children’s products, generated profit of $1.6 million, or 16 cents per share, on net sales of $20.3 million during the fiscal fourth quarter for the company. Quarterly net income last year was $1.4 million, or 14 cents …
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SBI to hold virtual meeting of shareholders on 17 June

MUMBAI : India’s largest lender State Bank of India will hold its annual general meeting on 17 June via video conferencing in accordance with norms issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (Sebi).
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