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Category: Economy

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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Panera to lay off more than 300 corporate employee...

Panera is trimming its corporate headcount, the Wall Street Journal reported on Wednesday. The move will reportedly impact 17% of ...

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Woman receives $7.1 million in lawsuit over cookin...

A woman received an eye-popping $7.1 million on Monday for damages in a Illinois lawsuit she filed over cooking spray-related inju...

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Bud Light parent Anheuser-Busch InBev's sales tumb...

Anheuser-Busch InBev reported a 17.1% decline in sales volume in North America in the third quarter as its Bud Light brand continu...

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Pfizer quarterly results hit by soft demand for CO...

Sales of the company's coronavirus vaccine Comirnaty dropped 70% during the third quarter compared with the same period a year ear...

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Elon Musk says Tesla aims to make 200,000 Cybertru...

Tesla CEO Elon Musk revised the EV-maker's production target for the Cybertruck to 200,000 annually with first deliveries to begin...

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Elon Musk wants X to be a 'fully fledged' dating a...

Billionaire Elon Musk is planning to expand X, formerly Twitter, to add "fully fledged" dating app functionality in 2024, accordin...

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