Category: Business

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staffApril 26, 2017

Uber will introduce flying taxi service by 2020, official says

Uber plans to turn a flight of fantasy into reality, announcing Tuesday it will offer a flying taxi service in ...

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staffApril 15, 2017

Oil prices inch lower to end week but sentiment of upward momentum unbowed

Crude oil prices were unmoved because of the Good Friday market holiday, though earlier sentiment of upward momentum remains. A ...

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staffApril 13, 2017

Samsung’s Jay Y. Lee accused of laundering horses

Prosecutors in Samsung heir Jay Y. Lee’s bribery trial said Thursday the company engaged in horse laundering to conceal the ...

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staffApril 3, 2017

Amazon Cash to allow customers to trade cash for online credit

Amazon on Monday announced Amazon Cash, a service that will allow customers to forego using credit or debit cards, and ...

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staffApril 2, 2017

Kevin Johnson to become Starbucks CEO on April 3

Beginning April 3 Starbucks president and chief operating officer, Kevin Johnson, will officially become the company’s CEO. Current CEO Howard ...

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staffMarch 30, 2017

The untold truth of Sriracha

Ah, Sriracha, the wonder sauce. From relative obscurity, this spicy “rooster sauce” was propelled into the mass consciousness over the ...

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staffMarch 29, 2017

UK-German stock exchange deal blocked

EU regulators have blocked London Stock Exchange’s £21bn merger with German stock exchange Deutsche Boerse. The European Commission said the ...

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staffMarch 29, 2017

Toshiba’s Westinghouse files for US bankruptcy

Westinghouse, Toshiba’s US nuclear unit, has filed for US bankruptcy protection. The US firm has struggled with hefty losses that ...

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staffMarch 29, 2017

Ford to invest $1.2B in Michigan factories

Ford announced Tuesday it will invest $1.2 billion in three factories in Michigan that were part of negotiations two years ...

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staffMarch 27, 2017

Russia, North Korea sign ‘labor immigration’ accord

Russia and North Korea are deepening bilateral relations with a “labor immigration agreement.” The development reflects a general trend of ...