Business

CEO of scandal-hit Wirecard resigns

The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.

Energy & Green Tech

Researchers analyze the use of solar energy at US airports

By studying 488 public airports in the United States, University of Colorado Denver School of Public Affairs researcher Serena Kim, Ph.D., found that 20% of them have adopted solar photovoltaic (PV), commonly known as solar ...

Business

Cathay Pacific shares end down after surge at open

Shares in Cathay Pacific ended lower Wednesday, having soared nearly 19 percent at the open, a day after the airline announced a multibillion-dollar government-led bailout plan.

Business

Boeing 737 MAX negligence case ends with $237.5 mn settlement

Boeing shareholders have reached a $237.5 million out-of-court settlement with the US aircraft manufacturer's current and former directors in a 737 MAX aircraft safety negligence case, according to documents released Friday.

Business

Hungarian airline Wizz Air scraps 1,000 jobs

Hungarian budget airline Wizz Air said on Tuesday it is cutting 1,000 jobs and cutting salaries for the remaining staff as it struggles to cope with Europe's coronavirus lockdown.

Internet

Facebook's oversight board to rule on Trump ban

Facebook is passing the buck for its indefinite suspension of former president Donald Trump to a quasi-independent oversight board, setting up a major test of the recently established panel.

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