Economy

Facebook Ad Boycott: All the Footwear + Fashion Brands That Have Joined

Facebook Ad Boycott: All the Footwear + Fashion Brands That Have Joined

Organizers of an advertising boycott campaign say they're preparing to go global. In a new letter to Mark Zuckerberg , three Democratic lawmakers pressed the Facebook chief executive for account...

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Wirecard UK unlocks customers' cash after FCA freeze

Wirecard UK unlocks customers' cash after FCA freeze

Wirecard also said it hoped its United Kingdom business, suspended by the Financial Conduct Authority on Friday, would continue trading after talks with the regulator. The UK subsidiary is still bloc...

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Several dead after gunmen attack stock exchange

It is not clear if more assailants were involved and a search of the premises is continuing. The group has been waging an urgency for years, demanding independence for Pakistan's gas-rich southwestern...

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USA to end 'controlled' defense exports to Hong Kong

USA to end 'controlled' defense exports to Hong Kong

This act allowed Hong Kong to have its own export control system and made it a territory where the USA tariffs on Chinese goods did not apply. "The government strongly condemns it and reiterates i...

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Starbucks pauses social media ads as it targets 'hate speech'

Starbucks pauses social media ads as it targets 'hate speech'

Major social media platforms, but particularly Facebook, have faced sharp criticism for failing to eliminate racist or hate-filled posts. Because Facebook has been refusing to establish tougher modera...

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Supreme Court Decision on Consumer Protection

Supreme Court Decision on Consumer Protection

Roberts Jr. wrote . In a 5 - 4 ruling on Monday, the Supreme Court said that the CFPB's structure as a federal agency run by a director who can not be fired except in cases of "inefficiency, negl...

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Lululemon, MEC and Arc'teryx join international brands in Facebook ad boycott

Lululemon, MEC and Arc'teryx join international brands in Facebook ad boycott

Facebook shares dropped by 8.32 percent, the most in three months, shedding 56 billion US dollars of its market value. Mark Zuckerberg just became $7.2 billion (R124 billion) poorer after a flurry...

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Gilead's $2340 price for coronavirus drug draws criticism

Gilead's $2340 price for coronavirus drug draws criticism

Now, the guessing is over. Multiple global trials of remdesivir are ongoing, and an inhaled version of the intravenous drug that could be taken outside a hospital setting is also being tested, the c...

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Barista 'abused' by customer refusing to wear mask gets $75000 in donations

Barista 'abused' by customer refusing to wear mask gets $75000 in donations

She included a photograph of the barista, who was later identified as Lenin Gutierrez . "I started reading the comments and just laughed at the mimics people made about this 'meeting in nature'". A la...

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Shopping centre owner Intu expected to go into administration

Shopping centre owner Intu expected to go into administration

On Tuesday, Intu warned it had lined up KPMG to oversee an administration if no deal was struck. The company is the UK's biggest shopping centre group, with 17 centres in the United Kingdom and th...

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Starbucks is the latest company to pause social media ads

Starbucks is the latest company to pause social media ads

The global campaign will proceed as organizers continue to urge more US companies to participate. But it added that "we know we have more work to do". On Friday, Facebook said it would ban adverts tha...

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California Regulators Set To Approve Nation's 1st Electric Truck Mandate

California Regulators Set To Approve Nation's 1st Electric Truck Mandate

The state of California is requiring all trucks to be zero-emission beginning in 2024, thanks to a new mandate from the California Air Resources Board . Over a hundred people across the state and na...

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Barista $78K Richer After Refusing to Serve Woman

Barista $78K Richer After Refusing to Serve Woman

Most of the comments were pointing out how stupid her reaction was against the Starbucks barista . The Washington Post noted than numerous Facebook users defended the barista, Lenin Gutierrez . ...

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Microsoft confirms it is closing all its physical retail stores globally

Microsoft confirms it is closing all its physical retail stores globally

The company says that all of its retail employees will help on the website instead of in-store, and all of them will have opportunities to stay with Microsoft. Microsoft-owned Windows is one of the mo...

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Global coronavirus cases approach 10 million

Global coronavirus cases approach 10 million

Infections are also up in some other parts of the world that have reopened. The US Centers for Disease Control and Prevention estimates that the number of people infected in the United States is 10 ...

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Global coronavirus tally reaches 10 million: Johns Hopkins University #115056

Global coronavirus tally reaches 10 million: Johns Hopkins University #115056

As of Sunday morning, a COVID-19 dashboard by the Center for Systems Science and Engineering at the university, which has been tracking cases across the world during the pandemic, indicated there ar...

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New Covid case confirmed in Lewis

New Covid case confirmed in Lewis

Anderson said in a press release. Putnam County has had one confirmed case. The three new cases in Monroe County consist of a man in his 20s with no symptoms, a woman in her 40s with mild symptoms...

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Oil prices recover from weekly losses with demand rise

Oil prices recover from weekly losses with demand rise

Both contracts are on track for a weekly fall of around 1.7% after record US crude inventory data dragged prices down on Wednesday. Worries about a second wave of COVID-19 cases in several USA state...

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Unilever To Change Fair & Lovely

Unilever To Change Fair & Lovely

Skin lightening cosmetics have a huge market in South Asia, but their promotion is being questioned, especially in the wake of the Black Lives Matter movement . Such campaigns and celebrities who end...

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Facebook Announces Permanent Work from Home Option for Employees

Facebook Announces Permanent Work from Home Option for Employees

Spotify and Shopify made their own "we're going flexible" statements yesterday, too. The shift is a sign of how the coronavirus pandemic may permanently alter corporate policies and strategies, ...

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The 2021 F-150 elevates Ford's bed game

The 2021 F-150 elevates Ford's bed game

The palms-free of charge driving aspect - which Ford phone calls "Active Travel Assist" - is the very same which is coming to the Mustang Mach-E electrical SUV subsequent year. that has palms-cost-fre...

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Singapore chooses Nokia, Ericsson (not Chinese companies) for 5G upgradation

Singapore chooses Nokia, Ericsson (not Chinese companies) for 5G upgradation

The two local telecommunication companies were provisionally selected in April after they completed the regulatory process including selecting the preferred frequency spectrum lots and vendor partners...

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Wirecard Implodes Amid $2.1bn Accounting Scandal

Wirecard Implodes Amid $2.1bn Accounting Scandal

Listed on the Frankfurt stock exchange 2005, by 2018 it'd supplanted Commerzbank from the exchange's blue-chip DAX share index. EY, as the accounting firm is officially known, finally sounded the al...

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Bankrupt airline Virgin Australia to be sold to Bain Capital

Bankrupt airline Virgin Australia to be sold to Bain Capital

Virgin Australia collapsed into administration in April after coronavirus travel restrictions slashed passenger numbers and the Morrison government rebuffed its repeated requests for a bailout. "We un...

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Jobs lost as WestJet contracts out Grande Prairie operations

Jobs lost as WestJet contracts out Grande Prairie operations

The Calgary-based airline announced in March that it would lay off 6,900 staff, although the federal wage subsidy program brought most of that staff back to work. Since the beginning of March, guest t...

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ABC job cuts: Australian public broadcaster to shed 250 staff

ABC job cuts: Australian public broadcaster to shed 250 staff

ABC Life, which has been scrutinised by commercial competitors , will be given a new editorial direction under the new name ABC Local, sourcing content across the ABC, including outer suburban and r...

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Zuckerberg claims Facebook is better prepared to fight election interference

While Spotify's announcement is not quite as radical, it will still see the company's entire employee base work from home for at least the next seven months, suggesting the firm is well equipped to of...

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Pandemic-hit Qantas to cut at least 6,000 jobs, raise $1.3 bil

Pandemic-hit Qantas to cut at least 6,000 jobs, raise $1.3 bil

He said the job losses announced were "confronting". "But it will take years before worldwide flying returns to what it was", he said in yesterday's statement. The coronavirus pandemic had already f...

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Amazon to acquire autonomous driving startup Zoox

Advanced talks between Amazon and Zoox were first reported last month . Between the lines: Zoox has been by far the most ambitious self-driving tech company as it's been working on developing a...

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Govt approves increase in petrol price by Rs25.58 per litre

Govt approves increase in petrol price by Rs25.58 per litre

Earlier, the government announced a significant reduction in the prices of petroleum products other than High Speed Diesel (HSD) in a monthly review. The petrol price is set to rise substantially in...

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Huawei to build $1.2-billion research and development facility in England

Huawei to build $1.2-billion research and development facility in England

But British officials are reviewing how best to securely deploy Huawei equipment . "Whether the applicant is a small, local sole trader or a large multi-national company, we must follow these same ...

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Twitter to continue work-from-home policy after pandemic

Twitter to continue work-from-home policy after pandemic

When we do decide to open offices, it also won't be a snap back to the way it was before. They announced the move after their current work-from-home measures proved to be a success. In this February 8...

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Google To Start Paying News Publishers For High Quality Stories

Google To Start Paying News Publishers For High Quality Stories

Google announced plans Thursday to pay some news organisations for content in a departure from its past practice following pressure from governments and media groups around the world. In April, Fran...

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Slack lets up to 20 companies chat in the same channel

Slack lets up to 20 companies chat in the same channel

Slack has been working on Slack Connect for the past four years and over 41,000 customers of Slack are already using Slack Connect . For starters, Slack is an internal chat room developed by t...

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Supercar wrecked in motorway crash 20 minutes into first trip

Supercar wrecked in motorway crash 20 minutes into first trip

The accident unfolded around 1pm on the southbound carriageway near junction 40 near Leeds, West Yorkshire. According to police, the sports vehicle suffered a mechanical failure and broke down in th...

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