Monthly Archives: May 2016

Banco Bradesco CEO faces accusations in Brazil tax probe

SAO PAULO (Reuters) - Brazil's federal police accused Banco Bradesco SA Chief Executive Officer Luiz Carlos Trabuco and two senior executives on Tuesday of plotting to avoid a 3 billion-real ($828 million) tax fine, the latest episode of alleged white...

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Staples CEO to step down after Office Depot deal termination

(Reuters) - Office supplies retailer Staples Inc , which called off a deal to buy smaller rival Office Depot Inc this month, said Chief Executive Ron Sargent will step down after the company's annual meeting on June 14.

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The Rise of Drone Racing, Part 2

With lucrative broadcast deals and cup competitions now crowding calendars, drone racing has become one of the primary factors driving the surge in demand for consumer drones. Mountain Dew and DR1 Racing earlier this month announced a special DR1 Invitational presented by Mountain Dew. The one-hour broadcast will air on Discovery Communication's Discovery and Science channels in August.

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EU cautions governments against banning Uber, Airbnb

BRUSSELS/LONDON (Reuters) - European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort, the EU says in new guidelines, seeking to rein in a crackdown on the "sharing economy".

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