
Coca-Cola raises dividend for 59th straight year
Feb 19, 2021 23:54 pm UTC| Business
Coca-Cola Co. raised its quarterly dividend to 42 cents a share, up 2.4 percent from an already relatively high dividend of 41 cents to mark the 59th straight year of dividend increments. Its shares went up nearly 1.3...

Dole, Total merger to create world's largest produce company
Feb 19, 2021 23:50 pm UTC| Business
Dole Food Co. and Total Produce Plc will merge to create what could be the worlds largest fresh produce company, with estimated revenue of approximately US$9.7 billion. The resulting company will be named Dole Plc, with...

Facebook faces global backlash for 'bullying' Australia
Feb 19, 2021 23:46 pm UTC| Technology Business
Lawmakers worldwide rebuked Facebooks decision to block Australians from sharing news in its platform, suggesting they were anti-competitive and prompting a lawmaker to tag their action as bullying. British lawmaker...

South Korean business owners sue government for losses due to COVID-19 pandemic
Feb 19, 2021 12:53 pm UTC| Business Economy
Business owners in South Korea have joined forces to file a legal case against the government. Hundreds of restaurant and cafe owners have sued the administration due to their huge losses brought about by the lockdowns at...

Bosch, Microsoft announce partnership to develop software platform for vehicles
Feb 19, 2021 11:45 am UTC| Business
Bosch and Microsoft have signed a partnership deal to work together on a software platform for vehicles. The team-up was revealed on Thursday, Feb. 18. With the fast-growing market for electric cars and automated...

Walmart announces pay raise for its 425,000 employees
Feb 19, 2021 09:50 am UTC| Business
Walmart revealed that it would be paying its employees more as the company is set to raise the wages of about 425,000 workers. The retail company is one of the largest private employers in the U.S., and the pay hike was...

Google announces new executive for AI research after Timnit Gebru firing
Feb 19, 2021 09:14 am UTC| Business
Google is restructuring its artificial intelligence branch by having teams under just one executive. This information was divulged by someone who has knowledge of the matter. This change has been planned after months of...