Business

McDonald's lifts wages at US restaurants

By AFP News

Amazon on Thursday announced plans to add 75,000 jobs in the United States and Canada, with signing bonuses of up to $1,000.

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Elon Musk puts brakes on allowing Bitcoin Tesla payments citing climate concerns

In March, Tesla began officially accepting bitcoin as currency to purchase electric autos, further boosting the digital money.

By AFP News

Dow falls back after topping 35,000 for 1st time, Nasdaq sinks

In currency markets, the pound was higher against its main rivals after the Scottish National Party fell short of an outright majority in UK regional elections.

By AFP News

Fire and rehire: Britain's new labour battleground?

An investigation by Britain's Observer newspaper claimed that nine of 13 companies accused of firing and rehiring made profits or increased executive pay.

By Imran Marashli

Wall Street eyes return to normalcy as virus fears recede

Goldman Sachs became the latest large bank to announce concrete plans to return staff to downtown New York.

By AFP News

Under Armour to pay $9 mn to settle charges of revenue misdirection

Under Armour also agreed to "other non-monetary settlement terms," without elaborating.

By AFP News

Twitter shares crash after disappointing quarterly results

Twitter shares sank as much as 11 percent in after-hours trade as the results fueled concerns that the platform is not growing fast enough in the rapidly shifting social media space.

By AFP News

Amazon announces pay increase of at least 50 cents/hr for 500,000 staff

Amazon announced plans to raise wages for half a million U.S. workers

By Danielle Ong

Former Samsung group chairman Lee Kun-Hee

Samsung heirs to pay billions, donate Picasso works to settle tax bill

The conglomerate is crucial to the South's economic health -- its overall turnover is equivalent to a fifth of the national gross domestic product.

By AFP News

Tesla reports higher profits, says expansion on track

The company reported first quarter profits of $438 million compared with $16 million in the year-ago period, following a 74 percent rise in revenues to $10.4 billion.

By AFP News

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