Business

Amazon union could face a tough road ahead after victory

In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in celebration. But their jovial attitude will be tested by ...

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.

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.

Energy & Green Tech

California scales up 1st-in-US electric truck sale proposal

California regulators on Tuesday strengthened a proposed first-in-the-nation rule that would force auto makers to sell more electric delivery vans and work trucks in a state with the country's worst air quality.

Business

In US trial, Musk defends his $50 bn pay deal at Tesla

Tesla tycoon Elon Musk on Wednesday defended his $50 billion pay package as CEO of the electric vehicle giant, arguing that the pioneering company was on the verge of collapse when the deal was agreed.

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