AT&T agrees to $6M penalty for SEC lawsuit settlement over information disclosure to analysts
Dec 06, 2022 06:50 am UTC| Business Economy
ATT Inc. is set to pay a $6.25 million penalty to the U.S. Securities and Exchange Commission as it agreed to settle its lawsuit case over alleged selective leakage of financial information to analysts at Wall...
Formula E signs multi-year extension with and Julius Baer
Dec 06, 2022 05:27 am UTC| Sports Economy Business Nature
Formula E has signed a multi-year extension to retain Julius Baer as a partner until 2026 and expand its role by becoming the title sponsor of the São Paulo round on March 25. Julius Baer was one of the...
Metaverse: Firefox’s Mozilla buys Active Replica for its metaverse push
Dec 05, 2022 10:05 am UTC| Business Economy
Firefoxs Mozilla internet browser announced its acquisition of Active Replica, a company centered on building VR-based virtual event and collaboration technologies. This is a strategic deal for the company to achieve its...
McDonald’s reinvents workwear and unveils fashion collection in partnership with VAIN
Dec 05, 2022 09:33 am UTC| Business Economy
McDonalds teamed up with VAIN Helsinki-based fashion company to launch its new fashion collection that was designed from the used uniforms of its fast-food staff. The collection has been praised for stylish outcomes that...
Hahn & Co. closes $1.2B M&A deal for the acquisition of SKC's industrial film business
Dec 05, 2022 09:33 am UTC| Business Economy
Hahn Company finally completed the merger and acquisition deal to buy SK Groups industrial film business under its SKC affiliate. The South Korean private equity firm is investing $1.2 billion in the deal. According to...
LG Chem supplying eco-friendly plastic to Mattel as it launches Asia’s first plant-based ABS
Dec 05, 2022 08:19 am UTC| Business Economy
LG Chem unveiled its ABS made from vegetable raw materials and revealed it would supply this plant-based plastic to Mattel, which will be its first customer for this product. The launch of this new acrylonitrile butadiene...
DoorDash starts laying off corporate employees
Dec 05, 2022 07:09 am UTC| Business Economy
DoorDash, the American online food ordering company, revealed its plans to let go part of its workforce last week. It said that it would have to lay off around 1,250 corporate employees, and in new updates, some people...
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