The corporate office of McDonald’s in Oak Brook, Illinois was closed after thousands of workers and union activists marched on the building a day before the annual shareholder meeting. Protesters are demanding a $15 minimum wage for fast-food workers.
Apple, Google, and a host of other tech companies and cryptology experts have signed a letter sent to President Obama calling on his administration to stem any proposal that seeks to weaken encryption security to benefit policing agencies.
Germany’s Deutsche Bank has reportedly formed a working group to assess the consequences of a possible UK exit from the European Union. Britain is expected to hold an in/out referendum after the Conservative victory in the 2015 general election.
Leader of France’s National Front party, Marine Le Pen, has launched a month-long blitz against the Transatlantic Trade and Investment Partnership (TTIP) – a proposed EU-US treaty, which has been criticized for secretiveness and lack of accountability.
The Apple brand is now worth over $145 billion, topping Forbes’ list of the World’s Most Valuable Brands for 2015. The value is up 17 percent since last year, and worth twice any other brand. This is the fifth year the company has headed the list.
Honda has announced it would recall an additional 4.9 million cars worldwide with airbags made by Takata due to a potential safety hazard. The airbags are in all Honda vehicles and have led to at least six deaths in accidents in the US and Malaysia.
A Swiss leading telecom provider has reported on the first test-drives of an autonomous car equipped with sensors, computers and special software. The car is being trialed around the streets of Zurich with two human passengers on board, Swisscom said.
Danish brewer Carlsberg reported an unexpected net loss of more than $13 million in the first quarter, saying the revenue from its key Russian market fell drastically due to unfavorable currency fluctuations.
Four out of the 48 licensed driverless cars in the state of California have been involved in minor traffic accidents since September, when they began legally traveling public streets. Google’s cars played a role in three of the accidents.
Tesla Motors has so far taken 38,000 reservations for its zero-carbon Powerwall home battery. Such high demand signals that revenue from the company’s new battery could soon outstrip that from its electric cars sales.
Fast-food chain Panera says it will publicly list more than 150 artificial additives it has removed or will remove from its products in an “effort for food transparency.” Panera’s move is the latest amid similar initiatives by other fast food companies.