Tesla Wipes Out New Content Marketing Unit, Fired All Team Members
Apr 23, 2024 09:59 am UTC| Business
Tesla Inc. reportedly axed all the team members of its growth content marketing unit, which was formed last year. The group has 40 staff members who lost their jobs as part of the companys latest round of layoffs. Elon...
ADM’s Suspended CFO to Resign After Accounting Probe
Apr 23, 2024 08:14 am UTC| Business
Archer Daniels Midland Co., or ADM, revealed that its chief financial officer, Vikram Luthar, agreed to resign from his post, effective Sept. 30. His resignation comes as the company goes through an investigation over...
How corporate involvement in psychedelic research could threaten public safety
Apr 23, 2024 08:06 am UTC| Insights & Views Business
In the mid-20th century, psychedelics were deemed illegal substances with little medical purpose, a high potential for abuse and a lack of safety. However, emerging evidence suggests the opposite; a potential role for...
The language of insolvency: why getting it wrong can harm struggling firms
Apr 23, 2024 08:02 am UTC| Business
Business failures are on the rise in Britain, with several high-profile names lost already this year. But since the 1980s, the UK has made it a priority to throw a lifeline to struggling companies. It appears, however,...
Amazon to Introduce Air Delivery Service in Arizona via Drone
Apr 23, 2024 07:22 am UTC| Business Technology
Amazon announced it will commence air delivery in Arizona using drones this year. The e-commerce giant said customers residing within the West Valley Phoenix Metro can avail themselves of Prime Air drone deliveries from...
Apple Adds Eight Chinese Companies to Its Supply Chain After Axing Four
Apr 23, 2024 06:25 am UTC| Business Technology
Apple Inc. reportedly expanded its supply chain by adding eight new Chinese companies. This move made it apparent that the iPhone maker would be relying on a China-based network of companies for the future production and...
Hollys Brews Expansion with First Overseas Outlet in Japan in May
Apr 23, 2024 05:37 am UTC| Business
Hollys, the esteemed coffee division of South Koreas KG Group, has announced its ambitious foray into the international market with the inauguration of its first overseas cafe in Osaka, Japan, next month. This move marks a...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects