Samsung Reports 28% Jump In Profit Despite Supply Chain Woes
The conglomerate's overall turnover is equivalent to one-fifth of gross domestic product. Read more
Google-parent Alphabet Profit Soars To Over $18 Bn
Twitter however on Tuesday posted a $537 million net loss in the quarter after settling a lawsuit alleging investors wer... Read more
Tesla Tops $1 Trillion In Market Value As Hertz Deal Fuels Latest Surge
The Hertz announcement came on the heels of strong Tesla earnings last week that illustrated the company's resilience Read more
Evergrande Shares Plunge On Market Return As Deal Falls Through
Several domestic property rivals have in recent weeks already defaulted on debts and have seen their ratings downgraded. Read more
Microsoft: Bill Gates Warned In 2008 Over 'inappropriate Emails' To Female Employee
Gates stepped down as president in 2008 and remained on Microsoft's board of directors until March 2020. Read more
Facebook Announces 10,000 EU Jobs To Build 'metaverse'
The European hires will include "highly specialised engineers" Read more
Southwest Airlines Cancels 1,000-plus Flights Sunday
More than 800 Southwest flights were scrapped Saturday Read more
Elon Musk Says Tesla Moving Headquarters To Texas
Musk said Tesla sales are growing strongly, and the company is ramping up deliveries. Read more
Amazon Opens Britain's First '4-star' Non-food Store
Amazon was already strongly placed in Britain before the pandemic, with growing dominance in the delivery sector. Read more
United Airlines To Dismiss 593 Workers Who Refused Vaccines
More than 99 percent of the remaining US staff complied with the requirement Read more
Google To Spend $2 Billion On New York City Office
The final site is to be spread over three buildings between Hudson Street and Washington Street, with construction of tw... Read more
Bill Gates-linked Fund Buys Control Of Four Seasons Hotels For $2.2 Bn
Founded in 1960 by Isadore Sharp, Four Seasons now has 121 hotels and resorts, and 46 residential properties in 47 count... Read more
Walmart To Lift Wages For 565,000 US Workers
Walmart's starting wage is now between $12 and $17 an hour depending on the position, a company spokeswoman said. Read more
Samsung Announces $205 Billion Investment Plan
Of the 240 trillion won ($205 billion) it plans to spend, it will commit 180 trillion won to South Korea. Read more
Creating Darktrace: A British Tech Unicorn
One of the leading defenders is Darktrace, the AI cybersecurity company founded by Invoke Capital in 2013. Read more