Business
The rise of air-conditioning is on the brink of becoming a new emergency, adding unprecedented challenges to the already difficult task of decarbonizing the economy and reducing emissions. As temperatures continue to rise, ...
Nov 9, 2021
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Automotive
BMW will slash 6,000 jobs this year and freeze a major self-driving technology collaboration with rival Mercedes-Benz as the German luxury carmaker sees demand plunging because of the coronavirus pandemic.
Jun 19, 2020
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Business
Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.
Jan 10, 2023
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Business
Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions.
Dec 6, 2022
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Consumer & Gadgets
Deliveroo's decision to quit the Australian market, after what have been boom times for food delivery platforms, may seem surprising. But the writing has been on the wall for some time.
Nov 17, 2022
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Business
Amazon on Thursday said that its profit in the third quarter slipped more than 9 percent to $2.9 billion, despite an uptick in sales helped by Prime day bargains.
Oct 27, 2022
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Automotive
Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.
Sep 1, 2022
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German industrial giant Siemens reported a jump in yearly net profit on Thursday despite a fourth quarter troubled by global supply chain issues that the company predicts will improve next year.
Nov 11, 2021
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Business
The European Central Bank is likely to point Thursday to an interest rate cut in September, analysts say, although recent hints towards bucking up sluggish growth and inflation could even mean a move this week.
Jul 23, 2019
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