Coke, Pepsi and Other U.S. Companies Face Wall Street Pressure Over Labor Abuses in India
Pension funds and big investors are pressuring Coca-Cola, Pepsico and others over brutal working conditions in India’s cane fields. Some of the sugar buyers are tiptoeing toward change.
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Warren Buffett ignores Wall Street, buys more stock in this oil-and-gas company
The Berkshire Hathaway CEO spent more than $400 million on Occidental Petroleum shares, which just hit a nearly three-year low amid fears that oil prices may keep falling.MarketWatch - 2h -
Under Pressure, Hyundai Supplier Ends Alabama Prison Labor Contract
The supplier fired dozens of prisoners after some of them said they felt they had no choice but to take those jobs.The New York Times - 2d -
Second top Church of England cleric faces calls to quit over handling of abuse claims
The archbishop who is due to take temporary charge of the Church of England is facing calls to resign over his handling of the case of a priest accused of sexual misconductABC News - 4d -
Top English academy trust faces safeguarding review over ‘emotional abuse’ of pupils
Observer investigation into London school has sparked an inquiry into allegations that teachers harmed mental wellbeing of children. A school in one of England’s leading academy trusts is to face ...The Guardian - 5d -
ServiceTitan’s IPO growth story wins over Wall Street with huge market opportunity in building trades
Building trades such as roofing, renovations and fire safety present a massive opportunity for ServiceTitan Inc.’s growth, and the initial public offering from the provider of billing, dispatch and ...MarketWatch - 6d -
Trump faces pressure to break GOP impasse over agenda
President-elect Trump is facing calls from House Republicans to settle a disagreement between the chambers on how the GOP should start tackling its agenda. As some top House Republicans dig in on ...The Hill - 6d -
Company or country: Corporate India’s conundrum
Also in this newsletter: Adani Group’s funding fix and the numbers behind the world’s biggest advertising agencyFinancial Times - Dec. 13 -
Apple Faces Lawsuit Over Child Sexual Abuse Material on iCloud
Victims of abuse are seeking more than $1.2 billion in damages, arguing that the company abandoned a 2021 system it developed to find abusive material.The New York Times - Dec. 8 -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5
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