Monthly Archives: June 2016

S&P cuts rating on EU to ‘AA’ after Brexit

(Reuters) - Standard & Poor's Global Ratings said on Thursday it had cut its long-term credit rating on the European Union to 'AA' from 'AA+' but raised its outlook to "stable" from "negative" after the United Kingdom voted to leave the bloc.

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UPDATE 2-Dick’s wins auction for Sports Authority brand

June 30 (Reuters) - Dick's Sporting Goods Inc, the largest U.S. sporting goods retailer, said on Thursday it was the successful bidder in the auction for the intellectual property of bankrupt...

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U.S. calls for urgent repairs of 300,000 recalled Honda vehicles

WASHINGTON (Reuters) - U.S. auto safety regulators warned on Thursday that Takata air bag inflators on more than 300,000 unrepaired recalled Honda vehicles show a substantial risk of rupturing, and urged owners to stop driving the "unsafe" cars until t...

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Clinton Issues Clarion Call to Boost Tech in the US

Hillary Clinton, the Democratic Party's presumptive presidential candidate, this week unveiled a technology and innovation agenda that calls for a broader commitment to improving computer science and STEM education, expansion of broadband Internet to the entire United States, and deployment of 5G wireless networks. Clinton's plan calls for advancing high-tech training in American schools.

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Starbucks workers petition for more hours amid labor cuts

LOS ANGELES (Reuters) - Nearly 9,000 Starbucks Corp workers and supporters have signed an online petition saying that the company has made "extreme labor cuts" at U.S. cafes, hurting employee morale as well as customer service.

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Volkswagen believes it can fix 85,000 polluting U.S. vehicles

SAN FRANCISCO/WASHINGTON (Reuters) - A lawyer for Volkswagen AG said at a court hearing Thursday the German automaker believed it could fix 85,000 polluting 3.0-liter VW, Audi and Porsche diesel cars and SUVs, a move that could help the company avoid ...

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Crying at Work: Human or Humiliating?

A new survey reveals that the majority of people find public crying acceptable, but a work environment can both amplify and suppress emotions.

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