by Bhatt Unnati | Apr 15, 2021 | Business, Latest News
In his final letter to shareholders, Amazon CEO Jeff Bezos on Thursday laid out a broad vision for the future of the company, committing to extend Amazon’s famous obsession over its customers to the same level of care for its employees. Bezos pointed to the recent...
by Bhatt Unnati | Apr 14, 2021 | Business, Latest News
SINGAPORE (Reuters) – The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win — from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies. On...
by Bhatt Unnati | Apr 12, 2021 | Business, Covid-19, Latest News
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but also risks if a hasty reopening leads to a continued increase in coronavirus cases, Federal Reserve Chair Jerome Powell said. In an...
by Bhatt Unnati | Apr 9, 2021 | Business, Latest News
Amazon.com Inc’s fierce resistance to unionization, skepticism among workers that organizing could get them a better deal and decisions on election parameters all contributed to the apparently lopsided defeat of a labor drive at the company’s warehouse in Bessemer,...
by Bhatt Unnati | Apr 9, 2021 | Business, Latest News
Following a year of massive growth in the value of Bitcoin, cryptocurrency exchange Coinbase Global plans to launch a highly anticipated initial public offering. The company plans to stage the Coinbase IPO April 14. Coinbase is the largest U.S. cryptocurrency...
by Christine Moukazis | Apr 8, 2021 | Business, Latest News
Twitter Inc. held talks in recent months to acquire Clubhouse, the buzzy audio-based social network, according to people familiar with the matter. The companies discussed a potential valuation of roughly $4 billion for Clubhouse, the people said, asking not to be...
by Bhatt Unnati | Apr 7, 2021 | Business, Covid-19, Latest News
It’s no secret the pandemic has completely changed the meaning of home, prompting many of us to rethink how and where we want to live. A new survey finds 11% of Americans have already moved in the past year not just across town, but across the country. This is...
by Jack Kelly | Apr 6, 2021 | Business, Latest News
U.S. Senate Republican Leader Mitch McConnell lashed out at corporate America on Monday, warning CEOs to stay out of the debate over a new voting law in Georgia that has been criticized as restricting votes among minorities and the poor. In a sign of a growing rift in...
by Jack Kelly | Apr 6, 2021 | Business, Latest News, Wall Street
Do athletes or hedge fund managers know more about buying sports teams? The baseball business might find out. Basketball legend LeBron James is taking a stake of undisclosed size in Fenway Sports Group, owner of the Boston Red Sox, alongside RedBird Capital Partners....
by Bhatt Unnati | Apr 1, 2021 | Business, Latest News
Google is telling workers they are allowed to discuss pay and working conditions as part of a settlement agreement with the Alphabet Workers Union (AWU), Bloomberg reports. The move settles a labor dispute brought by AWU in February. The initial complaint alleged that...
