News Around the Globe
By Vega Dan Bilzerian’s new pot company may soon go up in smoke. The latest venture from the hard-partying, self-proclaimed “King of Instagram” — Ignite International, which sells a smorgasbord …
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By Manskar Google recently ditched an effort to launch cloud computing services in China and other countries amid concerns about growing political tensions, according to a report. The tech behemoth …
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By Elina Harley-Davidson on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz’s efforts to revive the struggling motorcycle maker. As …
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By Steigrad SiriusXM is nearing a $300 million deal to buy the Stitcher podcasting platform from broadcaster E.W. Scripps, sources told. The acquisition would give the satellite radio giant a …
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By Vega Apple’s cheaper iPhones will be getting a major upgrade this fall — but also will come without some basic accessories, according to a report. Apple reportedly plans to …
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By Karen Coty on Thursday named former L’Oreal executive Sue Nabi as chief executive officer, the cosmetics maker’s fifth since its multibillion-dollar deal with Procter & Gamble nearly five years …
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By Erin Boeing is pulling the plug on its 747 jumbo jet, reported on Thursday. The 747 democratized global air travel in the 1970s but fell behind modern twin-engine passenger …
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By Lisa Amazon said it’s shelling out $500 million in one-time worker bonuses this month as pressure continues to mount on the online shopping giant to do more to protect …
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By Rene Lululemon Athletica said on Monday it would buy home fitness content maker Mirror for $500 million, as the high-end yogawear company looks to cash in on booming demand …
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By Mcenery Remington Arms, America’s oldest gun maker, is preparing to file for Chapter 11 bankruptcy protection and is in advanced talks for a potential sale to the Navajo Nation, …
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By Kelly Consumer products giant Unilever said Thursday it is aiming for a “more inclusive vision of beauty” in its skin care products and will remove words such as “fair,” …
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By Amenda Amazon has agreed to buy California-based self-driving startup Zoox in a deal reported to be worth more than $1 billion that gives it options to use autonomous technology …
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By Vega A new security feature in iOS 14 has caught TikTok spying on millions of its users. The popular social media platform was caught red-handed copying text from a …
Read More By Vega Amazon has signed a lease for a 1-million-square-foot warehouse in Queens, its biggest-ever in New York City, according to a report. The deal will see Amazon knock down …
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By Alen A Missouri appeals court on Tuesday reduced a damages award against Johnson & Johnson to about $2.12 billion from $4.69 billion in a case brought by 22 women …
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By Vega Google’s advertising business is experiencing a major slowdown due to the coronavirus-battered travel industry. The search giant will see its ad revenue drop for the first time in …
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By Manskar China will speed up its purchases of American farm goods under its trade deal with the US following a summit between the two countries, a new report says. …
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By Elisa Wirecard’s chief executive quit on Friday as the German payments firm’s search for $2.1 billion of missing cash hit a dead end in the Philippines and it scrambled …
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By Jenni Carnival reported a record $4.4 billion in quarterly losses on Thursday, as the COVID-19 pandemic crippled the world’s biggest cruise operator and forced it to take major write-downs …
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By Manskar A Chinese manufacturer shipped thousands of “adulterated and misbranded” respirator masks to the US in the middle of the coronavirus pandemic, federal prosecutors said. The feds accused Crawford …
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