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Tata to merge carriers under Air India, nix Vistara brand

  Bloomberg Tata Group is considering a plan to integrate its four airline brands under Air India Ltd., people with knowledge of the matter said, as the sprawling company prepares to rebuild its faltering aviation empire. India’s largest conglomerate is also considering scrapping the Vistara brand, which is Singapore Airlines Ltd.’s local affiliate in the South Asian nation, the people ...

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P&G fined $34,000 over worker death

  Bloomberg Procter & Gamble Co. (P&G) was fined more than $34,000 following an employee’s death at a North Carolina facility. A 49-year-old worker at a plant in Greensboro died in May after being struck by a stainless steel tote. The state’s Department of Labour cited the company over three alleged serious violations of North Carolina occupational safety laws over ...

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Xi’s common prosperity roars back in JD executive pay cuts

Bloomberg JD.com Inc. is slashing salaries for about 2,000 managers by 10% to 20% and diverting some of those savings toward a $1.4 billion employee benefits fund, aligning China’s No. 2 online retailer with Xi Jinping’s “common prosperity” campaign to share the wealth. Billionaire JD.com founder Richard Liu will donate 100 million yuan ($14 million) of his own money toward ...

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