Dec 14, 2023
US agencies seize illegal e-cigarettes worth $18 million

By Chris Kirkham (Reuters) - The U.S. Food and Drug Administration and Customs and Border Protection seized more than $18 million worth of unauthorized e-cigarettes, which included popular brands such as Elf Bar, the FDA said on Thursday. About 1.4…

Dec 14, 2023
Wyndham franchisees question possible Choice merger, association says

By Doyinsola Oladipo NEW YORK (Reuters) - A major U.S. hotel owners association said its Wyndham Hotels & Resorts franchisee members are worried an acquisition by budget operator Choice Hotels International could hurt their business. Choice on Tuesday launched a…

Dec 14, 2023
Starbucks closed 23 stores to deter unionizing, US agency says

By Daniel Wiessner (Reuters) -A U.S. labor agency is seeking to force Starbucks Corp to reopen 23 stores that were allegedly shuttered last year to discourage a nationwide union campaign, the latest case to accuse the coffee chain of illegal…

Dec 13, 2023
Airbnb to pay $620 million to settle some Italian tax obligations

MILAN (Reuters) -Vacation rental platform Airbnb said on Wednesday it would pay 576 million euros ($621 million) to the Italian Revenue Agency to settle outstanding income tax obligations for the 2017-2021 tax years. Airbnb, which has its European headquarters in…

Dec 13, 2023
US bankruptcy wave may stretch into 2024, but pace could slow

By Bansari Mayur Kamdar (Reuters) - The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of…