Business

Unionized US Apple store votes to authorize strike

Unionized workers at a Maryland Apple store voted on Saturday to authorize a strike, which would mark the first such labor action against the retailer in the United States if it goes forward.

Business

Britain clears Virgin Atlantic's £1.2 bn rescue

Britain's High Court on Wednesday cleared a £1.2-billion rescue of struggling airline Virgin Atlantic, part-owned by British tycoon Richard Branson and which has been hit badly by the coronavirus pandemic.

Business

Rolls-Royce UK staff strike over possible Singapore switch

Staff at a factory in northwest England run by engines maker Rolls-Royce on Friday began a three-week strike over the possible relocation of operations to Singapore, the British aerospace giant confirmed.

Business

Tesla shifts gears with plans to issue more shares

Tesla shifted gears Thursday and said it would issue new shares to raise fresh cash, as the electric carmaker responded to the coronavirus epidemic impact on its Shanghai factory and the China car market.

Business

Airbus cancels 2019 dividend, 2020 forecasts due to coronavirus

European aviation giant Airbus said Monday it would cancel the planned dividend payment for 2019 and also abandon its earnings forecasts for the current year because of the economic uncertainty sparked by the coronavirus ...

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