US industry news

Fenox Venture Capital Firm pays backwages, defends Internship Program as source to recruit fresh talents

Fenox Venture Capital has been ordered by the Department of Labour to pay over $300,000 as back wages for workers, wrongfully named as interns. The company promised to avoid such practices in the future.

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Cott Posts Profit in Q4, Earnings Gained with Help from DS Service Coffee and Water Business

The soda maker Cott Corp posted fourth-quarter adjusted net income of US$3 million, boosted by the growth in the DS Services coffee and water home delivery business.

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