MEAST

Legal clashes await U.S. companies covering workers' abortion costs

Legal clashes await U.S. companies covering workers’ abortion costs

June 27 (Reuters) – A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said. Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Lyft Inc (LYFT.O), …

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Oil falls around 3% as investors eye U.S. Fed rate hikes

Oil falls around 3% as investors eye U.S. Fed rate hikes

A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/ Register now for FREE unlimited access to Reuters.com Register Powell says Fed ‘strongly committed’ to bringing down inflation Biden asks Congress to pause …

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Exclusive: Inside the hangar at the centre of the $1 bln Airbus-Qatar jet dispute

Exclusive: Inside the hangar at the centre of the $1 bln Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding …

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Anticipating U.S. downturn, Elon Musk details Tesla staff cuts

Anticipating U.S. downturn, Elon Musk details Tesla staff cuts

DOHA, June 21 (Reuters) – Elon Musk, CEO of Tesla (TSLA.O), said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world’s richest man predicted a U.S. recession was more likely than not. His remarks were his most detailed explanation of job cut plans and his …

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