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Bezos, Jassy may be forced to testify in probe

  Bloomberg Amazon.com Inc lost a bid to exclude top executives including billionaire founder Jeff Bezos and CEO Andy Jassy from having to testify in a Federal Trade Commission probe. The company filed a petition with the FTC last month, arguing that the agency’s information and interview requests were “unduly burdensome.” In an order, the FTC rejected that request, saying ...

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Lidl pips Aldi in pay for UK staff

  Bloomberg Lidl is raising wages for its UK staff to overtake Aldi and become the highest-paying supermarket in Britain. Starting next month Lidl will pay employees £10.90 ($12.38) an hour outside London, up from £10.10, and £11.95 within the capital, up from £11.30 previously, the company said. That compares with its rival discounter Aldi which pays at least £10.50 ...

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Ukraine frees Putin ally in swap deal for hundreds of troops

Bloomberg Ukraine handed over a key ally of Russian President Vladimir Putin in exchange for hundreds of prisoners of war including many captured in a landmark battle, a swap that outraged pro-Kremlin propagandists. Viktor Medvedchuk was one of 55 people turned over to Russia in return for 215 prisoners, including 188 who held out for months against Russian assault at ...

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