Gender equality in Corporate America is happening so slowly that it could take more than a century for women to have the same number of top executive jobs as men, according to a new study.
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ANCHORAGE, Alaska Royal Dutch Shell’s decision to end its quest for oil in the Arctic waters off Alaska sparked jubilation among environmental activists, who said Tuesday that they will seize the opportunity to seek an end to all drilling to in the region.
DETROIT Volkswagen faces daunting challenges in fixing software that enables cheating on diesel engine emissions tests, a task that’s becoming more urgent because of growing anger from customers.
LOS ANGELES Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much he convinced his son and a friend to buy one, too.
SAN FRANCISCO The company that sparked an angry backlash after it raised the price of a drug for treating a deadly parasitic infection by more than 5,000 per cent says it will roll back some of the increase.
LOS ANGELES The music publishing company that has been collecting royalties on the song “Happy Birthday To You” for years does not hold a valid copyright on the lyrics to the tune that is one of the mostly widely sung in the world, a federal judge ruled Tuesday.
BERLIN The crisis enveloping Volkswagen AG, the world’s top-selling carmaker, escalated Tuesday as the company issued a profit warning following a stunning admission that some 11 million of its diesel vehicles worldwide were fitted with software at the centre of a U.S. emissions scandal.
TORONTO A fund manager focused on socially responsible investing has been encouraged by steps that some of Canada’s biggest banks have taken to rein in executive compensation.
But Michelle de Cordova, director of corporate engagement for NEI Investments, says there is still more work to be done to ensure that executive pay practices are fair.
TORONTO Canada has posted a budget surplus after six straight years of deficits.
The government announced Monday a $1.9 billion Canadian (US$1.4 billion) surplus for last year. It had been predicting a $2 billion Canadian ($1.5 billion) deficit with expectations for a surplus this year.
NEW YORK The Dallas Cowboys are the most valuable sports franchise in the world at a worth of $4 billion, according to Forbes magazine.
America’s Team heads the list of NFL teams for the ninth consecutive year and is first overall among all sports teams for the first time since 2007. The Cowboys made a record NFL revenue of $620 million last season.