Volkswagen's annual shareholder meeting was briefly disrupted Wednesday by protests over the company's factory in China's Xinjiang province, with a shouting, topless activist interrupting the speech by CEO Oliver Blume before she was hustled away by security personnel.
Additionally a cake-like object was thrown during a speech by board chairman Hans-Dieter Poetsch, apparently in the direction of board member Wolfgang Porsche, who represents his family's shareholding in the company, the dpa agency reported.
Photos showed a white, gooey substance resembling pastry stuck to the front of the podium behind which Porsche was sitting.
Volkswagen has said that it has found no evidence of human rights violations at its plant in China's western Xinjiang region. The Chinese government has been accused of human rights abuses against the Muslim Uyghur population in the region, including forced labor in detention camps. The U.S. State Department has described China's actions in the region as genocide.
Police also stopped an attempt by climate protesters to glue themselves to the ground on the square outside the meeting.
The shareholder meeting in Berlin resumed after a brief intermission.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
If you have a flexible spending account, here's some short information for you so you don't leave money on the table.
