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BUSINESS - Page 3

Apple has laid off more than 600 employees after abandoning its decade-long efforts to manufacture an electric vehicle.
Apple has laid off more than 600 employees after abandoning its decade-long efforts to manufacture an electric vehicle.

Apple Cuts Jobs as It Abandons Electric Car Project

Apple has announced layoffs of more than 600 employees after discontinuing its decade-long efforts to develop an electric car. This decision marks a significant shift in focus for the tech giant, with
9 months ago
Trump Media & Technology Group (TMTG) is experiencing a tumultuous era as its stock price falls significantly.
Trump Media & Technology Group (TMTG) is experiencing a tumultuous era as its stock price falls significantly.

Trump Media Stock Plummets Amid Financial Woes and Scandals

Former President Donald Trump’s venture into the media industry, Trump Media & Technology Group (TMTG), is facing a turbulent period as its stock experiences a significant decline.  Despite Trump’s unwavering support for
9 months ago
The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors.
The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors.

Adam Neumann bids to regain control of WeWork

The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors. Background Adam Neumann, the co-founder ousted from WeWork, has made a bid exceeding $500 million in
9 months ago
Russian oil businesses have been experiencing payment delays for crude and fuel for several months.
Russian oil businesses have been experiencing payment delays for crude and fuel for several months.

Russian Oil Firms Face Payment Delays Amid Banking Restrictions

Russian oil companies are experiencing several months of delays in receiving payments for crude and fuel, according to sources familiar with the matter.  Banks in China, Turkey, and the United Arab Emirates
9 months ago
Boeing has announced a major management shakeup, including the resignation of CEO Dave Calhoun by the end of 2024.
Boeing has announced a major management shakeup, including the resignation of CEO Dave Calhoun by the end of 2024.

Overhaul at Boeing: CEO Dave Calhoun to Step Down by End of 2024

Boeing, the aerospace giant, has announced a significant management shakeup, including the departure of CEO Dave Calhoun by the end of 2024.  The move comes amidst increasing pressure from airlines and regulators
9 months ago
On Saturday, Didi Global, China's most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny.
On Saturday, Didi Global, China's most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny.

Didi Global’s strong performance in Q4 2023

On Saturday, Didi Global, China’s most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny. In the three months
9 months ago
Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits.
Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits.

Sixteen states challenge US Federal government’s LNG export ban

Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits. Sixteen states, including Texas, Louisiana, and Florida, have jointly filed a
9 months ago
According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation.
According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation.

Volkswagen workers in Chattanooga push for union representation

According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation. Union Election Filing In a significant development, workers at the Volkswagen plant in Chattanooga, Tennessee,
9 months ago
Two new investigations find no substantial differences between US government officers suffering from condition and control group.
Two new investigations find no substantial differences between US government officers suffering from condition and control group.

New studies find no physical damage in Havana syndrome cases

Two new investigations find no substantial differences between US government officers suffering from condition and control group. Two recent medical studies conducted by the National Institutes of Health (NIH) have reported that
9 months ago
In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff.
In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff.

United Airlines addresses recent safety incidents

In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff. United Airlines CEO Scott Kirby announced on Monday
9 months ago
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