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Stock Market & Financial Investment News

News Breaks
April 17, 2014
06:28 EDTNSRGYNespresso agrees to change commercial behavior in France, WSJ reports
Nestle's Nespresso has agreed to change its commercial behavior in France following the French Antitrust Authority concerns that the company was abusing its dominant position, reports the Wall Street Journal. The country plans to test the changes offered by Nespresso for one month on the French market and will stop all proceedings against the company if the results are satisfactory. Reference Link
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link

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