Companies

Not a Typical Startup Destined for Success: What Makes Wondergifts Fearless to Explore Opportunities

2024-11-05

The crowded startup landscape often is a place where companies starting from dust relentlessly fight for survival. Wondergifts challenges this notion, bringing years of expertise, first-hand experienc

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US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center

2024-11-04

Federal regulators rejected a request to boost electrical output from a Pennsylvania nuclear power plant to an Amazon data center, prompting a dip in some energy company stocks Monday.The Federal Ener

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US Fines Chipmaker $500,000 For Selling To Blacklisted Chinese Company

2024-11-03

The U.S. fined a chipmaker $500,000 for selling $17.1 million worth of computer chips to a blacklisted Chinese company.GlobalFoundries, based in Malta, New York, sent 74 shipments to SJ Semiconductor

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TGI Friday's Is Latest Fast-Casual Restaurant Chain To Go Bankrupt

2024-11-02

TGI Friday's on Saturday became the latest restaurant chain to go belly-up — and blamed its misfortunes on the COVID-19 pandemic and the company's "capital structure."In a statement, TGI Fridays

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Oil Giant BP Reports Drop In Third-quarter Net Profit

2024-10-29

Britain's BP on Tuesday announced a sharp fall in net profit for the third quarter, with the oil and gas giant hit by weak oil trading and refining margins.Profit after taxation slumped to $206 millio

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Indonesia Blocks Sale Of iPhone 16 For Failing To Meet Investment Requirements

2024-10-28

Indonesia has blocked the sale of Apple's iPhone 16 in the country after the tech giant allegedly failed to comply with certain investment requirements.The iPhone 16, which was launched in September,

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Crisis-hit VW Eyeing Plant Closures, Deep Pay Cuts: Report

2024-10-28

Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic cost-cutting plan, a media report said Monday.Workers' repres

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Philips Lowers Sales Outlook On Drop In China Orders

2024-10-28

Dutch medical device maker Philips lowered Monday its full year sales target, blaming drop in demand from Chinese hospitals as it released third quarter results.Markets reacted negatively to the annou

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Boeing Seeks Over $15 Billion In New Fundraising Plan: Report

2024-10-28

Boeing is reportedly set to launch a plan, which will help the company raise more than $15 billion to compensate for its losses from the strike, according to a source familiar with the matter.Boeing h

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Lyft Agrees To Pay $2.1 Million To Settle Allegations It Duped Drivers By Exaggerating Earnings

2024-10-27

Online ride-hailing company Lyft has agreed to pay $2.1 million to settle allegations it used false advertising to deal with a shortage of drivers when the COVID-19 pandemic began to ease.The Federal

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Goldfish Crackers Undergoes Radical Name Change In Marketing Ploy

2024-10-24

Goldfish are out and trendy Chilean Sea Bass are in.The popular salty and crunchy snack is undergoing a temporary name change in an attempt to appeal to Millennial and Gen-Z adults."We know the love f

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Barclays Profits Rise On UK, Investment Banking Gains

2024-10-24

British bank Barclays on Thursday said its net profit jumped almost a quarter in the third quarter, helped by improved performance at its core UK and investment divisions alongside cost-cutting.Profit

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Collaboratively administrate empowered markets via plug-and-play networks. Dynamically procrastinate B2C users after installed base benefits. Dramatically visualize customer directed convergence without