Amazon to launch first cashierless checkout in full-size grocery store in Seattle
Jun 16, 2021 08:21 am UTC| Business Economy
Amazon is opening its newest grocery store in Seattle this week, but unlike the companys other brick and mortar groceries, this is bigger and will feature a cashierless checkout. Amazons massive grocery outlet While...
IKEA France ordered to pay $1 million as fine for spying on employees
Jun 16, 2021 07:29 am UTC| Business Economy
IKEA France was ordered by the local court to pay 1 million or around $1.2 million in fine after investigations concluded that it is guilty of inappropriately using its employee data. The verdict was handed down on...
Ford recalls over 19,000 F-Series Super Duty units for risk of a crash
Jun 16, 2021 06:32 am UTC| Business Economy
Ford Motor issued another recall and this time it is for the select 2021 F-Series Super Duty trucks. It was reported that more than 19,000 units of the said vehicle model are impacted by the latest recall...
General Motors, Wabtec signs deal for supply of electric batteries and hydrogen fuel cell
Jun 16, 2021 06:07 am UTC| Business Economy
General Motors just signed a deal with Wabtec Corp. for the supply of electric batteries and hydrogen fuel cell systems for the latters locomotive fleet. This agreement effectively extends GMs business outside of the...
Appeal court affirms $3 billion ruling for HP against Oracle
Jun 16, 2021 05:26 am UTC| Economy Law
The California Court of Appeal affirmed a 2016 verdict finding Oracle liable for $3 billion for violating agreements on settlement and software development with Hewlett-Packard Co. The 2010 settlement resolved a trade...
US, EU end Airbus-Boeing dispute to focus on threat from China
Jun 16, 2021 04:56 am UTC| Economy Business
The US and the EU have resolved a long-running trade dispute over subsidies to Airbus and Boeing, as both sides put more emphasis on countering Chinas rising economic influence. Both sides will each release statements...
Lordstown Motors’ stock takes a dive after losing its CEO and CFO
Jun 15, 2021 10:46 am UTC| Business Economy
Lordstown Motors has been struggling with the business for some time now and rather than getting better, it seems that the company is experiencing more issues. Things are getting worse especially now that it was reported...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects