Kimberly-Clark to Webcast its Presentation at Bernstein's 40th Annual Strategic Decisions Conference

The Telegraph
Aldi risks fines of up to £600m in Australian crackdown on supermarkets
Aldi faces the threat of fines of up to £600m in Australia as the country’s Left-wing government mounts a clampdown on supermarkets.
The Guardian
Ex-Fujitsu engineer admits changing court testimony at request of Post Office
Gareth Jenkins, co-architect of flawed Horizon IT system, was expert witness in wrongful prosecutions of operators
CinemaBlend
Disney Tried To Get Gina Carano's 'Mandalorian' Lawsuit Quickly Dismissed, But The Judge Said Not So Fast
Whenever a high-profile (and high dollar value) lawsuit is filed, the first thing the side being sued does is try and get the case dismissed. That’s exactly what Disney did after Gina Carano sued the studio following her firing from "The Mandalorian." Disney hoped to get the lawsuit tossed on a First Amendment basis, but the judge has dismissed that claim, and the suit will move forward, at least for now. Disney argued in front of U.S. District Judge Sherilyn Peace Garnett that the studio had the right to sever its relationship with Carano because she did not espouse viewpoints that the company agreed with. According to THR, the judge stated that the First Amendment could not be used as a shield to potentially violate discrimination laws. Carano is arguing that in firing her she was discriminated against and that the studio violated California labor laws in terminating her.
Sky video
Horizon engineer Gareth Jenkins defends accounting system at Post Office inquiry as Seema Misra rejects his apology
One of the architects of the Post Office Horizon accounting system has admitted there were "discreet" bugs but it generally "worked well", dismissing suggestions he had knowledge of widespread flaws.
Barrons.com
Airbus Slashes Its Guidance. What It Means for Boeing, GE.
The jet manufacturer expects to earn about $5.9 billion in 2024 operating profit. Wall Street was looking for more.
The Telegraph
Why even ‘woke’ companies are turning their backs on HR ‘snake-oil’ sellers
Behind office doors, HR departments at some of Britain’s biggest businesses have recently been feeling defensive and on the backfoot.
The Telegraph
Working-from-home culture is fuelling depression
Back from holiday to the blue skies of London, I am not surprised at all by how empty the roads and trains feel during rush hour. Who wouldn’t choose to work from a sunny garden over a drab office, after a start to the summer so dreary that this month has been nicknamed Juneuary.
Associated Press Finance
A co-founder of the embattled venture capital firm Fearless Fund has stepped down as operating chief
One of the co-founders of an Atlanta-based venture capital firm that supports women of color has stepped down as chief operating officer as the company battles a lawsuit that has become emblematic of a conservative backlash against corporate diversity programs. Ayana Parsons confirmed in a statement that she has stepped down as general partner and chief operating officer of the Fearless Fund, which she co-founded in 2019 with Arian Simone to address the wide racial disparity in funding for businesses owned by women of color. Parsons said her decision was unrelated to a conservative group's lawsuit targeting a grant program for Black women entrepreneurs run by the Fearless Fund's foundation arm.
Reuters Videos
Prosecutors seek criminal charge for Boeing: sources
STORY: Boeing may yet face criminal charges. Reuters sources say prosecutors are recommending the move, after finding the plane maker violated a settlement related to two fatal crashes. Boeing had been shielded from criminal charges over the loss of two 737 MAX jets in 2018 and 2019. Under the terms of a deal agreed in 2021, the company avoided prosecution for conspiracy to commit fraud over design flaws with the planes. That was in return for overhauling its compliance procedures and submitting regular reports. It also agreed to pay $2.5 billion to settle an investigation into the crashes. However, the sources say prosecutors have now concluded that Boeing did not honor the terms of the deal. That follows the midair blowout on another MAX jet earlier this year, which revived concerns over the firm’s quality controls. There was no comment on the report from the Justice Department or Boeing, which has previously insisted it met all terms set by the 2021 deal. Appearing before Congress last week, Chief Executive Dave Calhoun insisted the firm was striving to address its problems: "Much has been said about Boeing's culture. We've heard those concerns loud and clear. Our culture is far from perfect, but we are taking action and we are making progress.”Now it’s not clear exactly what charges might be brought, with possible penalties including a big fine. It’s thought the company would be reluctant to negotiate a settlement if it meant pleading guilty, as that could see it hit with extra business restrictions. Relatives of victims in the two fatal crashes have long criticized Boeing’s exemption from prosecution. They protested inside and outside Congress during Calhoun’s appearance, demanding that the company face criminal charges.
CityAM
Post Office scandal: Legal regulator launched over 20 investigations into lawyers and law firms
The legal regulators have opened more than 20 investigations into law firms and lawyers who were working on behalf of the Post Office
Sky video
Nvidia share price plunge has one major explanation
Just one week ago, Nvidia became the world's most valuable company.
CNN Business
Federal judge rejects $30 billion settlement between Visa, Mastercard and retailers
A federal judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the deal Tuesday. The ruling likely means the credit card processors will have to make more concessions to resolve their long-standing dispute with merchants.
Bloomberg
Oracle Warns That a TikTok Ban Would Dent Revenue and Profit
(Bloomberg) -- Oracle Corp. warned investors that a new law potentially banning TikTok in the US threatens to hurt its financial results.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Free Man,’ Ending 14-Year DramaThe law signed by President Joe B
CityAM
How Rolls-Royce became the ‘hottest stock’ in the FTSE 100 – and what could happen next
Rolls-Royce has been dubbed the "hottest stock" in the FTSE 100 after being transformed from a "burning platform" to being worth £40bn.
The Guardian
Gina Rinehart-backed company gets approval from Tanya Plibersek for coal seam gas project
Environment minister gives go ahead for Senex Energy to develop and operate up to 151 new coal seam gas wells in inland Queensland
INSIDER
My partner and I were worried about starting a business together, but it's only made us stronger
My partner and I started a non-alcoholic drink brand together, and our business made our relationship even stronger. Communication is key.
The Telegraph
Sainsbury’s manager excluded from International Men’s Day while off sick with anxiety wins tribunal
A long-serving Sainsbury’s manager who was left out of International Men’s Day while off sick with anxiety has won an employment tribunal.
Simply Wall St.
3 Indian Exchange Stocks Estimated To Be Undervalued By 27.6% To 36.1%
The Indian market has shown robust performance, climbing 46% over the past year with earnings expected to grow by 16% annually. In such a thriving environment, identifying stocks that appear undervalued could present potential opportunities for investors looking for growth at a reasonable price.
The Northern Echo
Who can countersign a passport application (plus the rules explained)
Having your passport countersigned is an important step if you are looking to replace one that is damaged or lost
Reuters Videos
Apple's App Store rules breach EU rules - regulator
STORY: Apple is in hot water with European authorities again.EU antitrust regulators said Monday the company's App Store conditions breach the bloc's tech rules.They accuse the U.S. tech giant of preventing app developers from steering consumer to alternative offers.It's a charge which could lead to a large fine for the iPhone maker.The accusation against Apple is the first by the European Commission under its landmark Digital Markets Act, or DMA.Those rules aim to rein in the power of Big Tech and ensure a level playing field for smaller rivals.EU antitrust chief Margrethe Vestager said Apple's new terms don't allow app developers to communicate freely with their end users, and to conclude contracts with them.The Commission also criticised the fees charged by Apple for facilitating via the App Store the initial acquisition of a new customer by developers.Apple said it had made a number of changes over recent months to comply with the DMA, and was confident its plan is in accordance with the law.The EU executive said it was also opening another investigation into Apple.That's over the firm's new contractual requirements for third-party app developers and app stores and whether these were necessary and proportionate.DMA breaches can cost companies fines as much as 10% of their global annual turnover.

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Kimberly-Clark to Webcast its Presentation at Bernstein's 40th Annual Strategic Decisions Conference

Latest stories

Aldi risks fines of up to £600m in Australian crackdown on supermarkets

Ex-Fujitsu engineer admits changing court testimony at request of Post Office

Disney Tried To Get Gina Carano's 'Mandalorian' Lawsuit Quickly Dismissed, But The Judge Said Not So Fast

Horizon engineer Gareth Jenkins defends accounting system at Post Office inquiry as Seema Misra rejects his apology

Airbus Slashes Its Guidance. What It Means for Boeing, GE.

Why even ‘woke’ companies are turning their backs on HR ‘snake-oil’ sellers

Working-from-home culture is fuelling depression

A co-founder of the embattled venture capital firm Fearless Fund has stepped down as operating chief

Prosecutors seek criminal charge for Boeing: sources

Post Office scandal: Legal regulator launched over 20 investigations into lawyers and law firms

Nvidia share price plunge has one major explanation

Federal judge rejects $30 billion settlement between Visa, Mastercard and retailers

Oracle Warns That a TikTok Ban Would Dent Revenue and Profit

How Rolls-Royce became the ‘hottest stock’ in the FTSE 100 – and what could happen next

Gina Rinehart-backed company gets approval from Tanya Plibersek for coal seam gas project

My partner and I were worried about starting a business together, but it's only made us stronger

Sainsbury’s manager excluded from International Men’s Day while off sick with anxiety wins tribunal

3 Indian Exchange Stocks Estimated To Be Undervalued By 27.6% To 36.1%

Who can countersign a passport application (plus the rules explained)

Apple's App Store rules breach EU rules - regulator