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The US government has agreed to spend $36 billion to help pension funds of union workers, the White House said on Wednesday. The move comes as Joe Biden, who is expected to sign an executive order soon that would roll back regulations pr...
Amazon will shut down its online learning academy in India as it is not profitable, the e-commerce major said on Friday. The company had opened the global academy in India in partnership with National Institute of Technology Delhi (NITD) last year, t...
Amazon is one of the largest companies today's date. In fact, it has become so popular that it is now the world's third most valuable public company and one of the richest companies in the world. Amazon was founded in 1994 by Jeff Bezos and w...
Facebook Inc. is planning to lay off about 11000 employees as it tries to streamline its operations and focus on core products like photo-sharing, video chat and advertising. The Menlo Park, California-based company announced the plan Thursday in...
Apple has partnered with Foxconn to build a complete electric vehicle supply chain in Saudi Arabia. The deal will enable the iPhone maker to manufacture its electric vehicles at Foxconn's plants in the region. Foxconn, a Taiwanese el...
SpaceX, Tesla and SolarCity are all run by Elon Musk. The billionaire CEO is a genius at making money, but he's also a visionary who is constantly looking for new challenges. He's already proved that he's not afraid to take r...
Even though new sellers withdrew from the market before the Fourth of July vacation, the amount of active inventory in the housing market continued to rise this week at a double-digit yearly rate. In addition to sizzling inflation at a 40-year hig...
Microsoft Corp. said Monday it had agreed to buy LinkedIn Corp. for $26 billion, giving it a powerful set of tools to help businesses succeed in the digital age. Microsoft said that it would pay $196 per share in cash for the social media and prof...
Due to a shortage of storage, enough electricity to power almost one million homes was wasted in 2020. The UK's offshore wind power capacity is expected to more than treble with 17 new wind farm projects planned for Scotland. But what happe...