Business

A month after it announced plans to buy One Medical and citing issues with the program’s ability to connect with larger companies and more customers, Amazon announced shutting down its virtual and in-home healthcare service […]

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Microsoft got the green light of Saudi Arabia to its controversial $A100 billion proposal to acquire Activision Blizzard – the largest such acquisition in the gaming industry – which is bringing the company one step […]

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Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the social media platform, the latest move in […]

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Twitter employees have been warned on Friday that they might receive only half of their typical annual bonus due to the economic uncertainty the social media company grapples with and that could impact the bonuses. […]

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A federal judge in Cleveland awarded $650 million in damages to two Ohio counties that sued massive pharmaceutical chains CVS, Walgreens, and Walmart over the way they distributed opioids to their communities.  U.S. District Judge […]

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Saudi Arabia has unveiled the world’s most futuristic city plans, planning to build a 100-mile-long metropolis as a utopian-like “linear” city powered by 100 percent clean energy.  The real estate mega project in Neom, Saudi […]

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The US tech giant Apple has set September 5 as the deadline for its corporate employees to return to the office for at least three days a week after COVID-19 increasing has put on stand-by […]

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Asian currencies are more often ‘money of choice’ for Indian companies to pay for Russian coal imports, ditching the US dollar in order to cut the risk of breaching Western sanctions against Russia. According to […]

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Months after announcing he wasn’t going to sell any more shares, Tesla CEO Elon Musk has sold nearly $8 billion worth of Tesla shares between Friday and Tuesday as he prepares to go to court […]

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Women in Saudi Arabia are getting a significant push that empowers them by Saudi Islamic bank Al Rajhi Bank and the digital payments giant Visa which are offering financial support to female entrepreneurs. Ali Bailoun, […]

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The rosy jobs report released on Friday was doused in doubt by economist Larry Summers, who claimed the statistics showed the U.S. economy is overheating and most certainly headed for a recession, Newsweek reports. Summers, […]

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The number of U.S. jobs surprisingly surged in July, pushing it beyond its pre-pandemic level and dispelling worries that the economy was in a recession, Reuters reported. In addition, companies continued to boost salaries at […]

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Elon Musk’s $44 billion takeover bid for Twitter Inc. is being investigated by Twitter Inc., according to legal experts, who are also trying to unearth proof that Musk sought to thwart the financing of the […]

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Elon Musk continued the Twitter takeover saga on Friday filing a countersuit against the social media platform as he fights back against its lawsuit demanding Tesla CEO be held to his $44 billion buyout deal […]

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Spirit Airlines ended its merger agreement with Frontier Airlines, months after JetBlue Airways made a rival bid that ultimately marred the planned merger.  The announcement ends the ongoing battle over the budget airline. Spirit and […]

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Gunmakers that have been used in some of the most deadly mass shootings in America made over one billion in profit from selling military-style assault rifles.  The House Oversight and Reform Committee made an investigation […]

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McDonald’s has put up the price of its cheeseburger for the first time in 14 years in the United Kingdom as inflation bites and cost pressures grow.  The massive infamous fast food chain raised its […]

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Walmart issued a profit warning, igniting a sell-off in shares of major retailers, quickly evaporating over $100 billion in stock market value in extended trade.  Walmart cut its forecast for full-year profit, saying that the […]

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Amazon has sued the administrators of more than 11,000 Facebook groups for allegedly facilitating the purchase and sale of fake reviews on the Amazon marketplace in seven countries.  The group administrators are accused of recruiting […]

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On Wednesday, the euro fell below $1 for the first time in twenty years amid worries that the European Union might enter a protracted economic crisis due to increased energy costs brought on by the […]

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