UAW agrees to independent oversight to resolve U.S. corruption inquiry

The U.S. Attorney's Office in Detroit said Monday the United Auto Workers (UAW) union has agreed to independent oversight to resolve a five-year federal corruption investigation that ensnared two former UAW presidents.

Exxon Mobil, under pressure on climate, aims to cut emissions intensity by 2025

Oil major Exxon Mobil Corp, under increasing pressure from investors and climate change campaigners, said on Monday it planned to reduce its greenhouse gas emissions over the next five years.

Boeing inspecting 787 fuselages for previously disclosed defects

SEATTLE (Reuters) -Boeing Co quality inspections related to previously disclosed production flaws in its 787 Dreamliner found the same issue in other parts of the jet, the company said on Monday.

Adidas exploring strategic options, including sale, for Reebok

(Reuters) -German sportswear maker Adidas AG said on Monday it was considering strategic options, including a potential sale, for Reebok, 15 years after it bought the U.S.-focused brand to take on arch rival Nike Inc on its home turf.

U.S. Homeland Security, thousands of businesses scramble after suspected Russian hack

LONDON/WASHINGTON (Reuters) -The U.S. Department of Homeland Security and thousands of businesses scrambled Monday to investigate and respond to a sweeping hacking campaign that officials suspect was directed by the Russian government.

Stocks mixed but Brexit hopes boost Euro, Pound

NEW YORK (Reuters) -Global stock markets were mixed on Monday as the start of the COVID-19 vaccine roll-out in the United States offered some respite to investors, but spikes in infection and death rates tempered optimism.

U.S. FTC seeks data on how Facebook, Twitter, TikTok and others use personal data

The Federal Trade Commission is seeking information from Facebook, Twitter and other social media and video streaming companies about how they use the personal information that they collect on their users, the agency said on Monday.

California urges court to compel Amazon to comply with coronavirus probe

(Reuters) -California Attorney General Xavier Becerra on Monday petitioned a court to compel Amazon.com Inc to comply with outstanding subpoenas over a state investigation into the company's handling of the coronavirus pandemic.

VW CEO Diess stays to lead new executive team but no contract extension

FRANKFURT (Reuters) -Volkswagen's supervisory board on Monday said Chief Executive Herbert Diess had its full support as he leads a new executive team to transform the German automaker but stopped short of bringing forward a contract extension.

Two Sacklers behind OxyContin maker to appear before U.S. House panel

Two Sackler family members who previously served on OxyContin maker Purdue Pharma LP's board have agreed under pressure to testify this week before a U.S. House of Representatives panel examining the nationwide opioid epidemic, avoiding subpoenas threatened by the committee's chairwoman.

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