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New York Times business news - Sept 19

PRESS DIGEST- New York Times business news - Sept 19 Sept 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Boeing BA.N will start furloughing tens of thousands of employees in the coming days as it seeks to blunt the effects of a strike involving its largest union.
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Poland's Allegro expects domestic earnings growth to ease in Q3

UPDATE 2-Poland's Allegro expects domestic earnings growth to ease in Q3 Adds details and background throughout Sept 19 (Reuters) - Poland's biggest e-commerce platform Allegro ALEP.WA on Thursday forecast its earnings growth to slow down at home in the third quarter to 11-13%, as it targets higher spending on marketing, logistics services and team expansion.
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NAB Expands Long-Term Deal With AWS

BRIEF-NAB Expands Long-Term Deal With AWS Sept 19 (Reuters) - National Australia Bank Ltd NAB.AX : NAB EXPANDS LONG-TERM DEAL WITH AWS NAB EXTENDS DEAL WITH AWS AS PART OF ITS MULTI-CLOUD STRATEGY THAT CONTINUES TO BOLSTER THE BANK’S TECHNOLOGY CAPABILITY Further company coverage: NAB.AX
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Indigenous man shot dead as land dispute in Brazil farm state escalates

Indigenous man shot dead as land dispute in Brazil farm state escalates SAO PAULO, Sept 18 (Reuters) - In Brazil, a man from the Guarani community was shot dead on Wednesday morning, a governmental protection agency for Indigenous communities said, as a land dispute in the farm state of Mato Grosso do Sul escalated. It comes after a violent confrontation in early August during which armed men, backed by farmers in trucks and tractors, attacked Indigenous people reclaiming land in the vast farmin
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Amazon raises pay of US hourly workers in fulfillment, transport ops

UPDATE 2-Amazon raises pay of US hourly workers in fulfillment, transport ops Adds details in paragraphs 1,2 and 6,7, background in paragraphs 3-5 Sept 18 (Reuters) - Amazon.com AMZN.O is raising the pay of its fulfillment and transportation staff in the United States by at least $1.50 an hour and handing out free Prime memberships as benefits, i t said on Wednesday.
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Amazon raises pay of hourly workers in fulfillment, transport ops

Amazon raises pay of hourly workers in fulfillment, transport ops Sept 18 (Reuters) - Amazon.com AMZN.O said on Wednesday it is increasing the base pay of hourly workers in its fulfillment and transportation operations by $1.50 to more than $22 per hour. Reporting by Yuvraj Malik in Bengaluru; Editing by Shailesh Kuber
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Amazon Says Increasing Average Total Compensation Package For Fulfillment & Transportation Employees In U.S. To Over $29/Hour

BRIEF-Amazon Says Increasing Average Total Compensation Package For Fulfillment & Transportation Employees In U.S. To Over $29/Hour Sept 18 (Reuters) - Amazon.com Inc AMZN.O : AMAZON: INCREASING AVERAGE TOTAL COMPENSATION PACKAGE FOR FULFILLMENT & TRANSPORTATION EMPLOYEES IN THE US TO OVER $29/HOUR AMAZON- HOURLY MEMBERS OF FRONT-LINE TEAM WILL BE
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Amazon boosts warehouse worker pay by at least $1.50 an hour - Bloomberg News

MEDIA-Amazon boosts warehouse worker pay by at least $1.50 an hour - Bloomberg News -- Source link: https://tinyurl.com/2xwx23gv -- Note: Reuters has not verified this story and does not vouch for its accuracy
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UK's M&C Saatchi on the mend as clients' ad spend climbs

UPDATE 2-UK's M&C Saatchi on the mend as clients' ad spend climbs Posts 26% rise in HY profit Expects annual profit in line with market view Shares up 2.4% Adds shares in paragraph 4, CEO comment in paragraph 5, analyst comment in paragraph 9 By Radhika Anilkumar Sept 18 (Reuters) - British advertising group M&C Saatchi SAA.L posted a 26% rise in first-half profit on Wednesday, aided by improved client spending, cost-saving measures and asset disposals.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Adds Google's win on antitrust fine challenge, paragraph 10 Sept 18 (Reuters) - European regulators have launched a series of investigations into Big Tech in recent years. Here are some of the actions taken: DIGITAL MARKETS ACT The European Union's Digital Markets Act (DMA) took effect in 2022 with the aim of curbing the power of Big Tech and ensuring a level playing field for smaller rivals.
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Amazon names veteran Samir Kumar as new India head

UPDATE 2-Amazon names veteran Samir Kumar as new India head Adds comment and background in last two paragraphs By Sai Ishwarbharath B and VarunVyas Hebbalalu Sept 18 (Reuters) - Amazon.com AMZN.O named Samir Kumar as its new India head on Wednesday, handing the reins to a 25-year company veteran as the e-commerce giant faces intense competition and regulatory pressures in the country.
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Britain's M&C Saatchi posts higher profit as clients' ad spend improves

CORRECTED-UPDATE 1-Britain's M&C Saatchi posts higher profit as clients' ad spend improves Corrects company ticker symbol for Ford in paragraph 2 Sept 18 (Reuters) - British advertising group M&C Saatchi SAA.L posted a 26% rise in first-half profit on Wednesday, and forecast its annual results in line with market view, aided by improved advertising spend from clients, cost-saving measures and asset sales.
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Amazon names 25-year veteran Kumar as new India head

Amazon names 25-year veteran Kumar as new India head Sept 18 (Reuters) - Amazon.com AMZN.O named 25-year veteran Samir Kumar as its new India head on Wednesday, replacing Manish Tiwary who stepped down after an eight-year stint last month. Kumar, who was part of the team that launched Amazon India in 2013, will take over from Tiwary on Oct. 1 in addition to his current role of heading Amazon's consumer businesses in the Middle East, South Africa and Turkey.
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Vietnam's top leader Lam to meet Google, Meta in US next week, sources say

Vietnam's top leader Lam to meet Google, Meta in US next week, sources say Lam to travel to US for the first time since he got top job Google, Meta have large interests in Vietnam Lam to attend event with several US corporations, sources say Lam to speak at UN, not clear if he will meet Biden By Francesco Guarascio and Phuong Nguyen HANOI, Sept 18 (Reuters) - Vietnam's president and ruling Communist Party chief To Lam is set to meet representatives from several U.S.
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Amazon Says Samir Kumar To Oversee Amazon's India Consumer Business

BRIEF-Amazon Says Samir Kumar To Oversee Amazon's India Consumer Business Sept 18 (Reuters) - Amazon.com Inc AMZN.O : AMAZON.COM INC - SAMIR KUMAR TO OVERSEE AMAZON'S INDIA CONSUMER BUSINESS Source text for Eikon: [ID:] Further company coverage: AMZN.O
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EA confident about annual bookings, announces new 'Battlefield' title

UPDATE 1-EA confident about annual bookings, announces new 'Battlefield' title Adds CFO comment in paragraph 5 By Zaheer Kachwala Sept 17 (Reuters) - Videogame publisher Electronic Arts EA.O said it expects to achieve the high end of its annual bookings forecast and unveiled the next installment of its multi-player shooter game "Battlefield" at its investor day conference on Tuesday.
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S&P 500 ends little changed as early gains fade before Fed decision

US STOCKS-S&P 500 ends little changed as early gains fade before Fed decision Microsoft gains after new share-buyback plan, dividend hike Intel gains following collaboration with Amazon's AWS Retail sales unexpectedly rise in August Updated at 4:09 p.m. ET/2009 GMT By Chuck Mikolajczak NEW YORK, Sept 17 (Reuters) - U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the first Feder
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Stocks end little changed as early gains fade before Fed decision

US STOCKS-Stocks end little changed as early gains fade before Fed decision Microsoft gains after new share-buyback plan, dividend hike Intel gains following collaboration with Amazon's AWS Retail sales unexpectedly rise in August Updated at 4 p.m. ET/2000 GMT By Chuck Mikolajczak NEW YORK, Sept 17 (Reuters) - U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the Federal Reserve
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EA confident about annual bookings, announces new 'Battlefield' title

EA confident about annual bookings, announces new 'Battlefield' title Sept 17 (Reuters) - Videogame publisher Electronic Arts EA.O said it expects to achieve the high end of its annual bookings forecast and unveiled the next installment of its multi-player shooter game "Battlefield" at its investor day conference on Tuesday. The new title will mark a return to the modern-day setting, after three consecutive games set in different time periods, competing with Activision Blizzard's best-selling "C
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Stocks flat as early gains fizzle ahead of Fed

US STOCKS-Stocks flat as early gains fizzle ahead of Fed Microsoft gains after new share-buyback plan, dividend hike Intel gains following collaboration with Amazon's AWS Retail sales unexpectedly rise in August Indexes: Dow off 0.07%, S&P 500 down 0.04%, Nasdaq up 0.11% Updated at 2:30 p.m. ET/1830 GMT By Chuck Mikolajczak NEW YORK, Sept 17 (Reuters) - U.S.
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