Company

Boeing’s 747, the original jumbo jet, prepares for final dispatch

The last 747 freighter will be delivered to Atlas Air Ends over five decades of commercial production Boeing on the verge of bankruptcy, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – The Boeing (BA.N) 747, the original and arguably best-looking “Jumbo Jet”, revolutionized air …

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Microsoft cloud outage hits users around the world

Outage affects Microsoft Azure cloud platform for hours Several Microsoft services, including Teams and Outlook hit Microsoft says most customers now have service restored Shares down 3.2% Jan 25 (Reuters) – Microsoft Corp (MSFT.O) said on Wednesday it had recovered all of its cloud services after a network outage took down its Azure cloud platform …

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Here are the companies that have laid off employees this year

New York CNN — Just this week, Alphabet, the parent company of Google, Microsoft (MSFT) and Vox Media announced layoffs that affect more than 22,000 workers. Their moves follow job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to follow suit as companies that have been hiring aggressively over …

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Texas AG halts most Citigroup municipal bids over gun law row

Jan 18 (Reuters) – Citigroup Inc (CN) has discriminated against the firearms industry, Texas Attorney General Ken Paxton’s office said, in making a decision that “effectively” to prevent Texas from underwriting most municipal bond offerings in the states. Republicans have stepped up pressure on the financial industry over environmental, social and governance (ESG) investing practices. …

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Fired Twitter workers can’t pursue claims through class action, judge says

Twitter (TWTR) has won a ruling allowing the social media company to force several terminated workers pursuing their dismissal to pursue their claims through individual arbitration rather than a class action. U.S. District Judge James Donato ruled on Friday that five former Twitter employees suing a proposed class action lawsuit accusing the company of failing …

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China acquires ‘preferred shares’ in two Alibaba units

BEIJING, China, Jan 13 (Reuters) – China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd (9988.HK), according to company registration records, so that Beijing is extending its campaign to tighten control over the Internet. contents. Beijing has taken “preferred shares” in private online media and …

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Fisher-Price Reminds Consumers of 2019 Rock ‘n Play Sleepers Recall After More Deaths

New York CNN — Fisher-Price recalled its Rock ‘n Play Sleepers for the second time on Monday after at least eight infant deaths occurred after the initial 2019 recall, according to the Consumer Product Safety Commission. “As of April 12, 2019, at the time the initial recall was announced, over 30 deaths were reported to …

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Tesla owners in China are protesting the brutal price cuts they missed

Shanghai Reuters — Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centers in China over the weekend, demanding discounts and credits after sudden price drops, which they say , meant that they had overpaid for the electric cars they had purchased earlier. About 200 recent Tesla Model Y and Model 3 buyers …

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