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(Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.
Dec 15 (Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.
Reporters and radio and television hosts. Film producers. A US senator and other members of Congress. Candidates for office and leaders of startups. By now, you'd have to be living under a rock not to see the impact the accusations of workplace harassment and assault are having on industry, culture and politics. Time Magazine has named the "Silence Breakers" its person of the year. Politicians have resigned from office or are choosing not to run again. Americans everywhere are driving themselves crazy asking: What do we do next? How can we fix this problem? Do we need new hiring practices, better HR procedures?
Dec 15 (Reuters) - CSX Corp shares slid as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.
Dec 15 (Reuters) - CSX Corp shares slid on Friday as the No. 3 U.S. railroad sought to assure investors its turnaround would progress full steam ahead despite the unexpected medical leave of chief executive officer Hunter Harrison.
(Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators. The Jacksonville, Florida-based railroad said Harrison, 73, was taking a leave of absence due to unexpected complications from a recent unspecified illness.
FRANKFURT, Dec 15 (Reuters) - The chief financial officer of unlisted Boehringer Ingelheim, Simone Menne, will quit Germany's second-largest pharmaceuticals company at year-end after just 16 months in office because of differences over strategy.
LIMA (Reuters) - Peruvian President Pedro Pablo Kuczynski said late on Thursday that he would not resign over a scandal involving payments that Brazilian builder Odebrecht paid a decade ago to a company he controlled while holding public office.
Dec 14 (Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators.
SAO PAULO, Dec 14 (Reuters) - Brazilian state-controlled oil company PetrÃ³leo Brasileiro SA will announce soon a partnership to allow Campos Basin, which first produced oil 40 years ago, to continue producing for a long time, Petrobras Chief Executive Officer Pedro Parente said.
AUSTIN, Texas/WASHINGTON (Reuters) - U.S. Republican Representative Blake Farenthold said he would not seek re-election in November, denying allegations of sexual harassment by former staffers but admitting he allowed an unprofessional culture to flourish in his Capitol Hill office.
PARIS (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.
PARIS, Dec 14 (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.
Russian President Vladimir Putin said Thursday that his US counterpart Donald Trump had made some "fairly serious achievements" since he took office and derided what he called the "espionage mania" surrounding meetings held by Trump associates with Russian officials.
BRASILIA (Reuters) - Brazilian President Michel Temer has postponed meetings scheduled for Thursday to discuss a crucial pension reform vote as he recovers well in hospital following minor surgery, his office said, and he will not be back on the job until Friday.
NAIROBI (Reuters) - Several dozen women in Kenya said police officers attacked them during this year's election season and some said they were raped by men in uniform, Human Rights Watch (HRW) said on Thursday.
SINGAPORE (Reuters) - Former Zimbabwe president Robert Mugabe visited a hospital in Singapore this week apparently for medical checks, his first trip outside his country since he was ousted from office last month, sources in Singapore said on Thursday.
MOSCOW (Reuters) - Russian President Vladimir Putin, seeking a new term in office in a March election, said on Thursday he would run as an independent candidate while hoping for support from more than one political party.
MOGADISHU (Reuters) - A suicide bomber disguised as a policeman blew himself up inside a police training camp in Somalia's capital Mogadishu on Thursday and killed at least 15 officers, officials said.
WASHINGTON (Reuters) - A former chemical industry consultant nominated by the Trump administration to head the Environmental Protection Agency's chemical safety and pollution prevention office has withdrawn his nomination, Bloomberg reported on Wednesday.
A former senior aide to Rep. Blake Farenthold has approached the House Ethics Committee to share a damning account of working for the Texas Republican, with the intent of describing the congressman as verbally abusive and sexually demeaning -- and his congressional office as an intensely hostile environment that drove the aide to physical and emotional distress.
BRASILIA (Reuters) - Brazilian President Michel Temer canceled his scheduled meetings on Wednesday and flew to SÃ£o Paulo for tests to evaluate surgery he had in October to reduce the size of his prostate, his office said.
WASHINGTON (Reuters) - The top Republican in the U.S. House of Representatives said on Wednesday that Congress was working on a package of reforms that would prohibit using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.
Alabama results and the race for Virginia governor this year reflect trends that could bode well for Democrats
Doug Jones became the first Democrat to win a statewide office in Alabama since 2008, defeating Republican Roy Moore, 49.9% to 48.4%, in a special election Tuesday to fill the Senate seat held by Jeff Sessions before he became Donald Trump's Attorney General. Democrats haven't won a Senate race in Alabama since 1992, back when GOP. Sen. Richard Shelby was still a Democrat (he switched parties in 1994).
WASHINGTON (Reuters) - U.S. House Republican Speaker Paul Ryan said on Wednesday that Congress would stop using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.
BRASÃLIA (Reuters) - Brazilian police raided the offices and homes of two members of Congress on Wednesday in the latest corruption probe as the government makes a last-ditch effort to vote on an overhaul of the country's costly pension system.
LAHORE, Pakistan (Reuters) - A Pakistani court on Wednesday summoned a police officer investigating the case of a missing peace activist who is believed to have been kidnapped by unidentified men this month.
Dec 12 (Reuters) - Ottawa plans early next year to create an independent office to oversee Canadian mining, oil and gas companies' activities abroad, a government spokesman said on Tuesday, a move that environmental and human rights groups have long demanded.
SAN FRANCISCO, Dec 12 (Reuters) - San Francisco Mayor Ed Lee, a champion for the technology sector and former civil rights attorney who sued the city on behalf of tenants and would go on to lead as its first Chinese American mayor, died early on Tuesday, officials said.
LONDON, Dec 12 (Reuters) - The British government on Tuesday began a long-delayed hunt for a new head of the Serious Fraud Office (SFO) after announcing plans to create a new national economic crime centre with the power to instruct the anti-fraud agency to investigate cases.
JOHANNESBURG (Reuters) - South African President Jacob Zuma has rejected local news reports that his office has started drafting regulations for a state of emergency, the president's office said on Tuesday.
BOSTON, Dec 12 (Reuters) - New York State Comptroller Thomas DiNapoli plans to withdraw a shareholder proposal it had filed for Exxon Mobil Corp annual meeting next year, his office said in a press release on Tuesday.
HARARE (Reuters) - Zimbabwe's former president Robert Mugabe has left the country for medical checks in Singapore, his first foreign travel since the army forced him from office last month, a state security official said on Tuesday.
PARIS, Dec 11 (Reuters) - French President Emmanuel Macron plans to award multi-year grants for several U.S.-based scientists to relocate to France, his office said on Monday on the eve of a climate summit hosted by the president to raise finances to counter global warming.
NEW YORK (Reuters) - The former chief financial officer of a company that licensed the name and recipes of the chef who inspired the tyrannical â€œSoup Naziâ€ character on the TV comedy â€œSeinfeldâ€ pleaded guilty on Monday to tax evasion, according to court records.
BOSTON, Dec 11 (Reuters) - Investment firm Angelo, Gordon is promoting two senior executives to co-chief investment officers to work alongside the firm's co-founder, Michael Gordon, as the firm prepares for an eventual generational change.
TORONTO, Dec 11 (Reuters) - The office of Canada's privacy commissioner said on Monday that it has opened a formal investigation into the 2016 breach of customer and driver data at Uber Technologies Inc, which the ride-hailing company disclosed last month.
PARIS (Reuters) - Emmanuel Macron plans to award multi-year grants for several U.S.-based scientists to relocate to France, his office said on Monday on the eve of a climate summit hosted by the president to raise finances to counter global warming.
WOLFSBURG, Germany (Reuters) - Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday.
NEW YORK (Reuters) - President Donald Trump's Oval Office style dominated U.S. headlines in 2017, but readers were particularly perplexed by his use of the word "covfefe," in what turned out to be one of the oddest news stories of the year.
HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.
HELSINKI, Dec 11 (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.
LONDON (Reuters) - A sculptor who produced the image of Queen Elizabeth used on Britain's coins has been chosen to create a new statue of Princess Diana, the office of Princes William and Harry said on Sunday, to commemorate 20 years since her death.
Vice President Mike Pence's office confirmed Sunday that Palestinian Authority President Mahmoud Abbas will not meet with Pence during his upcoming trip to the Middle East following the Trump administration's recognition of Jerusalem as the capital of Israel.
LOS ANGELES (Variety.com) - With anticipation building for "Star Wars: The Last Jedi," Disney-Pixar's animated comedy "Coco" handily won its third straight crown at a moderate North American box office with $18.3 million at 3,748 sites.
Newly released bodycam footage shows former Mesa police officer Philip Brailsford shoot and kill unarmed Daniel Shaver at a hotel in Arizona. Brailsford says he shot Shaver after he reached for his waistband and was acquitted of murder charges.
LONDON (Reuters) - A sculptor who produced the image of Queen Elizabeth used on Britain's coins has been chosen to create a new statue of Princess Diana, the office of Princes William and Harry said...
TEL AVIV (Reuters) - Thousands of Israelis protested in Tel Aviv on Saturday for the second consecutive week against government corruption and Prime Minister Benjamin Netanyahu, who is under criminal investigation over allegations of abuse of office.
(Reuters) - Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company's design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday.
Dec 8 (Reuters) - New Jersey Governor Chris Christie said he would consider a bill in his last month in office that would subsidize the state's nuclear power plants to prevent them from retiring early, sparking criticism from some energy companies and environmental and public interest groups on Friday.
Dina Powell, deputy national security adviser to President Donald Trump, plans to leave the White House after the President's first year in office, multiple senior administration officials confirm to CNN.
PARIS (Reuters) - In his first seven months in office, President Emmanuel Macron has faced little opposition. But come Sunday, the once-dominant Republicans elect a new leader they hope might recover the party's voice.
* WESTMORELAND RESOURCE PARTNERS LP SAYS ON DEC 5, BOARD APPOINTED MICHAEL HUTCHINSON TO SERVE AS INTERIM CHIEF EXECUTIVE OFFICER - SEC FILING Source text - http://bit.ly/2kChp5Y Further company coverage:
President Donald Trump's approval rating sits at 32%, according to a new poll released by the Pew Research Center, matching the lowest level in any poll on his approval since he took office in January.
LIMA (Reuters) - Peruvian President Pedro Pablo Kuczynski said on Thursday that authorities leading an expanding graft investigation into Brazilian builder Odebrecht had gone too far by raiding the offices of the rightwing opposition party that rules Congress.
Walter Scott family lawyer L. Chris Stewart calls the sentencing of Michael Slager, the former South Carolina police officer who killed unarmed black man Walter Scott, a historic day for civil rights.
BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.
BRUSSELS (Reuters) - European Council President Donald Tusk will make a statement on Brexit early on Friday, his office said on Thursday, prompting speculation on the fate of British Prime Minister Theresa May's plans for a deal with Brussels.
SANTIAGO, Dec 7 (Reuters) - Potash Corp of Saskatchewan Chief Executive Officer Jochen Tilk met on Thursday with authorities in Chile as the Canadian fertilizer company tries to divest its minority stake in Chilean lithium miner SQM ahead of its proposed merger with rival Agrium Inc .
WASHINGTON (Reuters) - Democratic U.S. Senator Al Franken announced his resignation from office on Thursday, bowing to pressure from party colleagues after a series of sexual misconduct allegations against him.
WASHINGTON (Reuters) - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants.
WASHINGTON (Reuters) - Democratic U.S. Senator Al Franken was set to announce his resignation from office on Thursday, CNN reported, bowing to pressure from party colleagues after a string of sexual misconduct allegations against him.
A federal judge said Thursday that the "appropriate underlying offense" for the former South Carolina police officer who killed unarmed black man Walter Scott is second-degree murder and suggested a sentence of 19 to 24 years in prison. US District Court Judge David Norton is expected to sentence Michael Slager, who is white, later Thursday, after he hears more victim impact statements. Slager pleaded guilty in May to violation of civil rights by acting under the color of law in Scott's killing.
(Reuters) - A female Indiana police officer suspended after calling out a fellow officer for "white male privilege" during a transgender awareness training session may learn her job status on Thursday.