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SpaceX Ignites Wall Street: Musk’s $75 Billion Gamble Could Rewrite the Future

SpaceX Ignites Wall Street: Musk’s $75 Billion Gamble Could Rewrite the Future

In a move that sent shockwaves through both Silicon Valley and Wall Street, Elon Musk unveiled plans for what...

Microsoft posts big earnings beat, but Windows revenue from device makers falls 3%

Microsoft posts big earnings beat, but Windows revenue from device makers falls 3%

Microsoft shares fell as much as 3% in extended trading on Tuesday after the software and hardware company iss...

China’s tech crackdown has a new battleground — data

China’s tech crackdown has a new battleground — data

GUANGZHOU, China — China’s government has opened a new battlefront with the country’s technology giants, looki...

S&P 500 rises for a 7th straight day after strong jobs report, best winning streak in 10 months

S&P 500 rises for a 7th straight day after strong jobs report, best winning streak in 10 months

Stocks rose on Friday and the S&P 500 hit another record high after the June jobs report showed an acceler...

Oil prices could skyrocket if OPEC+ fails in pledge to deliver more supply

Oil prices could skyrocket if OPEC+ fails in pledge to deliver more supply

OPEC heads into Thursday’s meeting with Russia and other allies with a better command of world oil prices than...

The U.S. is falling further behind China and Europe in electric-vehicle production

The U.S. is falling further behind China and Europe in electric-vehicle production

The U.S. lags behind China and Europe when it comes to production and uptake of electric vehicles domestically...

Bitcoin surged as much as 18% after a wild day that saw the cryptocurrency briefly drop below $30,000

Bitcoin surged as much as 18% after a wild day that saw the cryptocurrency briefly drop below $30,000

Bitcoin continued to rebound from its lows for the year on Wednesday. The cryptocurrency sank below the key $3...

Bombardier to cut 5,000 jobs, shares dive on cash flow concerns

Bombardier to cut 5,000 jobs, shares dive on cash flow concerns

Posted By: Editorial Teamon: November 09, 2018In: BUSINESSNo Comments

Bombardier Inc on Thursday agreed to sell two of its units for around $900 million and cut 5,000 jobs to focus on business jets, but its shares fell as much as 26 percent on a disappointing free cash flow forecast. The Canadian plane and train maker said it would only be able to meet its […] Read more

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EU citizens in UK told they won't face new employment checks in major Brexit climbdown

EU citizens in UK told they won’t face new employment checks in major Brexit climbdown

Posted By: Editorial Teamon: November 01, 2018In: BUSINESSNo Comments

The UK government was yesterday forced into a major climbdown after the immigration minister wrongly claimed that employers would be forced to introduce stringent new checks on EU citizens in the event of a no-deal Brexit. Caroline Nokes told MPs on Tuesday that employers would be expected to check whether EU nationals have the legal […] Read more

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Leaked email reveal AMAZON

Leaked email reveal AMAZON

Posted By: international-diplomacyon: October 03, 2018In: BUSINESS, NEWSNo Comments

Amazon is making major changes to how some delivery drivers are paid to “enable transparency and accuracy of pay,” according to a leaked internal email. Amazon will soon require its courier companies, which manage thousands of delivery drivers for the tech giant, to electronically track and record employees’ hours using “time and attendance tracking” software […] Read more

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