Kroger shuts down 2 stores after ‘hero pay’ mandate was implemented
Apr 19, 2021 10:11 am UTC| Business Economy
Kroger is closing down two stores in California and reportedly, the decision was made after Long Beach approved the hero pay mandate. This new pay ordinance is requiring retail stores and pharmacies that employ 300 and...
Taiwan tells US it never manipulates exchange rate to gain trade advantage
Apr 19, 2021 09:28 am UTC| Economy Business
Taiwan insists it never sought to use foreign exchange rates to gain an unfair trade advantage and suggested that the US suspend the three criteria for judging manipulation during the pandemic. The US Treasury...
Tesla car reportedly 'driverless' when it crashed and killed 2 passengers
Apr 19, 2021 07:32 am UTC| Business Economy
A Tesla car is involved in a new car crash that reportedly killed two people in Texas. It was said that the accident also sparked a 4-hour fire in the vicinity. The authorities theory As per Fox Business, police...
Boeing: GDC Technics countersues the plane maker over Air Force One contract
Apr 19, 2021 06:31 am UTC| Business Economy
Boeing sued its Air Force One subcontractor, GDC Technic, due to the delay of works that was said to have caused millions of damages to the planemaker. Boeing filed a suit earlier this month and canceled its contract with...
Coway’s ad gains massive views for the first time, and it thanks to BTS
Apr 19, 2021 06:21 am UTC| Business Economy
Coway is officially being represented by BTS, the South Korean Kpop superstars, and it has been releasing a series of advertisements recently featuring the boy band. With the postings of the ads, the company immediately...
Korean Air’s acquisition of Asiana may be affected by EU’s dismissal of the Canadian Air merger
Apr 19, 2021 05:31 am UTC| Business Economy
Korean Air and Asiana Airlines are set to merge in 2022, but it was delayed to 2024. The acquisition agreement was announced in November 2020, and the full merge of South Koreas major airlines will make it the...
S. Korea to increase R&D budget for next-generation cars
Apr 17, 2021 15:09 pm UTC| Business Economy Investing
South Korea will spend 367.9 billion in research development (RD) on key technologies for next-generation vehicles this year, up 37 percent from the previous year, to help local automakers take the lead in the...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects