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Category: Economy

Stellantis offers buyouts to roughly half of US sa...

Stellantis is moving forward with a cost-cutting push as it prepares for the shift to electric vehicles and larger labor cost unde...

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Emirates orders 95 Boeing 777 widebody jets in dea...

Boeing will sell 95 widebody 777 jets to Dubai-based long-haul airline Emirates, the companies announced on Monday on the first da...

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WeWork co-founder Adam Neumann has 'lavish' new Fl...

WeWork co-founder and former CEO Adam Neumann is reportedly living it up in a new Miami mansion surrounded by fellow billionaires ...

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Disney plots future of its traditional TV networks

Disney is examining whether its future should include fewer television networks after CEO Bob Iger said last summer that some of D...

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Hackers hit Wall Street arm of Chinese banking gia...

A U.S. subsidiary of China’s ICBC Financial Services was hacked this week, threatening a temporary logjam for some trades in the T...

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Waffle House workers rally at corporate office, de...

Waffle House workers from Georgia, South Carolina, and North Carolina rallied outside the company's corporate office to demand imp...

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UAW members at GM's Flint plant vote against new l...

A majority of United Auto Workers members at General Motors' assembly plant in Flint, Michigan, voted against the union's tentativ...

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Disney CEO Bob Iger says company is looking to cut...

CEO Bob Iger is looking to further trim costs at the Disney, with the entertainment giant saying Wednesday it has 'increased our a...

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Amazon cuts jobs in music streaming division

Amazon has begun laying off employees in its music division, affecting workers on multiple continents. The e-commerce giant declin...

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Cruise recalling 950 driverless cars after pedestr...

General Motors' self-driving car unit Cruise is recalling 950 robotaxis as it looks to address an issue with collision detection s...

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Stellantis says 2025 Ram 1500 Ramcharger hybrid wi...

Stellantis has officially introduced the new 2025 Ram 1500 Ramcharger pickup truck. It includes a battery pack, generator and V-6 ...

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Massachusetts subcontractor dies after being elect...

On Tuesday morning, Massachusetts first responders arrived at an AT&T building and found that a 44-year-old man had been electrocu...

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Dollar to Naira Black Market Exchange Rate Today

Today’s Dollar to Naira Black Market Exchange Rate— The continuing depreciation of the Naira against the US dollar has thrown ope...

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Official and Parallel Market Rates Converge as Nai...

The official and parallel market rates have converged days after the Central Bank of Nigeria released a new foreign exchange poli...

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NGX All-Share Index Crosses 60,000 Points for the ...

Equity trading on the Nigerian Exchange Limited (NGX) closed trading on Tuesday, June 27th, 2023, in the green territory as the N...

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Naira Depreciates to N776.9/$ at I&E Window, N793/...

The naira, on Friday, depreciated by 1.87 percent to close at N776.9/$ at the investors and exporters (I&E) window. Data from FMD...

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Naira Crashes to N860/$ at Parallel Market as Doll...

The naira has continued its downward spiral, falling to N860 per dollar at the parallel market on Wednesday. The figure represent...

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Starbucks leans into Apple, Microsoft, Amazon part...

Starbucks is counting on three of the world's biggest tech giants — Microsoft, Amazon and Apple — to help power a new growth sprin...

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FTX founder Sam Bankman-Fried’s biggest fear in ja...

A jury found FTX founder Sam Bankman-Fried guilty on all counts related to the last year's collapse of the cryptocurrency exchange...

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Customers at major US banks hit with deposit delay...

Deposits at some of the nation's largest banks including Bank of America, Wells Fargo and Chase were delayed on Friday due to a sy...

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