Two former McDonald’s Corp. store managers, assisting with a campaign to raise pay for fast-food workers, said they helped withhold employees’ wages at the restaurant chain after facing pressure to keep labor costs down.
Pacific Rubiales Energy Co., Latin America’s largest non-state oil producer, is working with Bank of America Corp. to review its strategic options as the Colombian company’s share price lags competitors, according to people familiar with the matter. The stock surged yesterday.
McDonald’s Corp., the world’s biggest restaurant chain, was sued by workers claiming they’re being idled without pay for minutes and hours at work when demand slackens, in violation of U.S. and state labor laws.
Trevor Manuel, South Africa’s former finance minister who heads the National Planning Commission, pledged his loyalty to the ruling African National Congress as he announced he was quitting parliamentary politics.