eBay has agreed to a $56 million settlement with a Massachusetts couple, David and Ina Steiner, who were subjected to an extensive harassment campaign by former company executives. The settlement concludes a prolonged legal battle stemming from the executives' efforts to silence the Steiners' critical newsletter.
Mondelez chief executive Dirk Van de Put has defended the company's continued operations in Russia, acknowledging that taxes paid fund the war in Ukraine. He claims a full withdrawal would risk jobs and asset seizure by the Kremlin.
New analysis of internal Bank of England data indicates Brexit has cost the UK economy 6% of its potential growth over the past decade. The study, co-authored by a Stanford University professor and Bank economists, utilised confidential company-level information, providing a novel perspective on the economic ramifications.
Yum! Brands is selling its Pizza Hut chain for a total of $2.7 billion, with private equity firm LongRange Capital acquiring the international operations and Yum China Holdings purchasing the mainland China business. This divestment follows a period of declining sales and intense competition in the American market.
