  | | | Wall Street tumbles on jitters over Ukraine, China | | NEW YORK (Reuters) - U.S. stocks tumbled on Thursday, with the S&P 500 suffering its worst day since early February, on rising tension between Ukraine and Russia and concerns about a slowdown in China. | | |  | | | McDonald's hit by worker lawsuits claiming it steals wages | | (Reuters) - McDonald's Corp workers in three U.S. states filed lawsuits this week against the fast-food chain, alleging it is stealing wages by forcing them to work off the clock, by cheating them out of overtime and by denying them rest breaks. | | | |  | | | Shell cuts spending in U.S. to lower shale exposure | | LONDON (Reuters) - Royal Dutch Shell will cut spending by a fifth and lay off staff at its American exploration and production business, the company said on Thursday, in another sign that oil majors are struggling to profit from the booming U.S. shale sector. | | | |  | | | EBay CEO sees Icahn getting louder, tells employees not to listen | | SAN FRANCISCO (Reuters) - Carl Icahn's campaign to convince eBay Inc to spin off its PayPal payments service will intensify in the run-up to eBay's shareholders' meeting in May, eBay's chief executive said on Thursday, warning employees to ignore the "noise." | | | |  | | | U.S. transportation chief pledges hard look at GM recall | | WASHINGTON (Reuters) - U.S. Transportation Secretary Anthony Foxx on Thursday promised an "aggressive investigation" into whether General Motors was slow to report to the federal government problems with ignition switches in its autos, which have led to 12 deaths. | | | |  | | | Fischer defends Citi stint, toes line on Fed policy | | WASHINGTON (Reuters) - Stanley Fischer, President Barack Obama's nominee to be No. 2 at the U.S. Federal Reserve, on Thursday defended his ties to Citigroup, saying he would have been ill-prepared for his last central banking job without his experience at the megabank. | | | |  | | | Anti-union workers sue Volkswagen, UAW over Tennessee plant | | (Reuters) - Three anti-union Volkswagen workers have sued the German automaker and the United Auto Workers in a U.S. court, alleging that VW and the union improperly colluded in the run-up to a union election in Tennessee that the UAW lost. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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