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Nissan workers reject United Auto Workers in Mississippi
CANTON, Miss. (AP) — Workers at a Nissan assembly plant in Mississippi have voted against forming a union, adding to decades of futility by United Auto Workers organizers at foreign-owned auto plants in the American South.
Elliott discloses NXP stake, to push for higher price in Qualcomm deal
Activist investor Elliott Management Corp on Friday disclosed a 6 percent stake in chipmaker NXP Semiconductors NV and indicated it was pushing for a higher price tag in NXP's pending sale to Qualcomm Inc for $38 billion in cash. Elliott's stake, valued at roughly $2.2 billion to $2.3 billion, makes it NXP's largest shareholder, and the hedge fund's biggest activist shareholder campaign involving a semiconductor company to date. NXP shares were trading up 1.7 percent at $112.50, just above Qualcomm's $110 per share offer for the company, indicating most NXP shareholders expect a better deal.
With all-powerful assembly, is Venezuela still a democracy?
BOGOTA, Colombia (AP) — Venezuela has installed an all-powerful constituent assembly with the authority to rewrite the constitution, remove public officials and trump all branches of government, raising concerns about the health of democracy in the country.
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