Employees

KUALA LUMPUR, Malaysia | Malaysia files criminal charges against Goldman Sachs

KUALA LUMPUR, Malaysia— Malaysia says it has filed criminal charges against Goldman Sachs and two of its employees in connection with a multibillion-dollar scandal involving state investment fund 1MDB. Attorney General Tommy Thomas said Monday that the charges stem from allegedly misleading statements aimed at misappropriating $2.7 billion in proceeds from the sale of three … Continue reading KUALA LUMPUR, Malaysia | Malaysia files criminal charges against Goldman Sachs

BERLIN | German railway workers’ union calls strike over pay

BERLIN— A labor union representing German railway workers is calling on its members to go on strike Monday after failing to reach a deal on pay. The EVG union said Sunday that employees of Deutsche Bahn, the country’s biggest rail company, will stage a four-hour walkout on the morning of Dec. 10. Labor strikes are … Continue reading BERLIN | German railway workers’ union calls strike over pay

BERLIN | Austrian railways OK 3.4 percent pay raise for employees

BERLIN  — Austrian railway operators have reached a pay deal with employees, averting the possibility of further strikes after a two-hour walkout brought trains to a standstill last week. The Austria Press Agency reported that the deal reached Sunday involves a 3.4 percent pay rise backdated to July 1, along with other improvements to working … Continue reading BERLIN | Austrian railways OK 3.4 percent pay raise for employees

BERLIN | Search of Deutsche Bank offices continues in German probe

BERLIN — German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros. The Frankfurt prosecutors’ office told the dpa news agency Friday that additional materials were being secured in the … Continue reading BERLIN | Search of Deutsche Bank offices continues in German probe

NEW YORK | Amazon splits HQ between New York and northern Virginia

NEW YORK  — Amazon, which has grown too big for its Seattle hometown, said it will split its much-anticipated second headquarters between New York and northern Virginia. Each will get 25,000 jobs. In addition, the online retailer said it will open an operations hub in Nashville, creating 5,000 jobs. Its New York location will be … Continue reading NEW YORK | Amazon splits HQ between New York and northern Virginia

Correction: SAP-Qualtrics story

In a story Nov. 11 about (topic), The Associated Press reported erroneously the location of the headquarters for Qualtrics. The company is based in Provo, Utah, not Prove, Utah. A corrected version of the story is below: SAP buying Qualtrics for $8 billion in cash SAP agrees to pay $8 billion for survey-software provider Qualtrics … Continue reading Correction: SAP-Qualtrics story

WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years

WASHINGTON— U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals. The Labor Department said Friday that the producer price index — which measures price increases before they reach the consumer — leapt 0.6 percent in October, after a smaller 0.2 percent rise in … Continue reading WASHINGTON | US wholesale prices jump 0.6 percent, most in 6 years