Business
Verizon announced Monday it was selling faded internet stars Yahoo and AOL to a private equity firm for $5 billion, ending the online media ambitions of the telecoms giant.
May 3, 2021
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Business
Toshiba's CEO resigned on Wednesday as a buyout offer from a private equity fund stirs turmoil inside the storied Japanese company, with reports suggesting two other funds are considering bids.
Apr 14, 2021
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Automotive
General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological ...
Nov 30, 2020
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Internet
The COVID-19 crisis has increasingly highlighted shortcomings in Australia's National Broadband Network, Flinders University experts say.
Aug 28, 2020
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Business
Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus.
Aug 25, 2020
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Business
Australian flag carrier Qantas on Thursday posted an almost US$2-billion annual loss after a "near-total collapse" in demand due to the coronavirus pandemic.
Aug 20, 2020
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Business
Scandinavian airline SAS unveiled Tuesday a plan to raise around 12 billion Swedish kronor ($1.3 billion or 1.1 billion euros) in new funds to deal with the impact of the novel coronavirus.
Jun 30, 2020
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Business
Should startups take money from the government? Silicon Valley is puzzling over the answer right now.
Apr 13, 2020
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Business
US President Donald Trump said Thursday his administration would present a plan this weekend to save the flagging airline industry, which is facing vastly reduced business as a result of the coronavirus pandemic.
Apr 10, 2020
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Business
The US government could take equity shares in airlines and other troubled but vital American corporations as it moves to stabilize an economy amid the new coronavirus pandemic, top US officials said Sunday.
Mar 29, 2020
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