General Motors: GM's $1 billion investment for EV production in Mexico draws flak from UAW
Apr 30, 2021 07:44 am UTC| Business Economy
General Motors announced on Thursday, April 29, that it will be investing $1 billion to produce electric vehicles at a plant in Mexico. GM stated that it would build a new painting facility that is expected to start...
3 economic facts point to a big-spending federal budget
Apr 30, 2021 07:08 am UTC| Economy
Its difficult to make predictions, the saying goes, especially about the future. The many predictions federal budgets make about the economy over the coming four years must therefore be taken with a large grain of...
McDonald’s expands loyalty rewards program for its effectiveness in increasing visits frequency
Apr 30, 2021 06:37 am UTC| Business Economy
McDonalds is expanding its loyalty rewards program as the company has seen its effectiveness in building customers frequency of visits. This marketing strategy will be developed further as summer time begins. Expansion...
Starbucks Korea opens reservation system as customers queue in long lines over new merchandise
Apr 30, 2021 05:56 am UTC| Business Economy
Starbucks Korea just launched its reservation system for its seasonal loyalty reward program. The coffee chain arranged for this setup as customers tend to wait for a long time when queuing to get their merchandise in...
Kraft Heinz post 3.9% net sales growth to beat expectations
Apr 30, 2021 05:02 am UTC| Economy Business
Kraft Heinzs net sales grew 3.9 percent to $6.39 billion in the first quarter from the significantly good $6.16 billion last year to beat estimates, as it sustains household penetration for its packaged goods. The...
Korean Air, Asiana to offer flights for S. Koreans in India
Apr 30, 2021 04:00 am UTC| Economy Business
Korean Air Lines Co. and Asiana Airlines Inc. will offer non-scheduled flights to India next month to bring home South Koreans residing there. Asiana plans to provide four flights while Korean Air will offer one flight...
As boundaries between work and home vanish, employees need a 'right to disconnect'
Apr 29, 2021 15:30 pm UTC| Economy
If you have been in a childrens playground recently, you may have seen a distracted parent absorbed in an intense phone conversation, swatting a child away. Sure, some are ordering tickets for The Wiggles, but most are...
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