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BUSINESS

Bitcoin 'revolution' a work in progress

By Michael D McDonald, Bloomberg News, Published on 03/09/2022

» El Salvador President Nayib Bukele took the stage to fireworks, announcing to a cheering crowd of crypto enthusiasts at a beachside confab that Bitcoin would revolutionise his country.

BUSINESS

J&J Split Plan Reflects Change in the Healthcare Industry

Business, Jonathan D. Rockoff & Peter Loftus, Published on 15/11/2021

» Johnson & Johnson plans to break up into two companies, splitting off the $15-billion-a-year division that sells Band-Aid bandages, Tylenol medicines and Johnson's Baby Powder in a shift indicating just how much healthcare has changed since the company helped pioneer the industry.

BUSINESS

These Firms Are in No Rush to Say 'Made in the U.S.A.'

Business, John D. Stoll, Published on 26/10/2020

» The headquarters of 3D-printer startup Formlabs Inc. is humming.

BUSINESS

The Answer to the Electric-Car Conundrum Isn't Elon Musk

Business, John D. Stoll, Published on 21/09/2020

» Electric vehicles have long posed a chicken-or-egg conundrum for auto executives.

BUSINESS

Peloton, Flywheel Settle Legal Disputes over Fitness Bike Tech

Business, John D. Stoll, Published on 05/02/2020

» Peloton Interactive Inc., the maker of popular at-home fitness bikes, said Tuesday it has settled legal disputes with Flywheel Sports Inc. over alleged technology theft and patents considered important to success in the growing boutique fitness industry.

BUSINESS

The end of retirement

Business, John D. Stoll, Published on 11/01/2020

» It took about six years of annual asset reviews with my financial planner, Joe Mackey, to confront a big question. After I spent my entire adult life trying to save enough to quit working by 65, Mr. Mackey wanted to know what my rush was.

BUSINESS

Boeing has to 're-earn trust'

The Associated Press, Published on 16/11/2019

» DUBAI: A senior Boeing executive said on Saturday that the company knows it has to re-earn the public’s trust as it works to win approval from US regulators to get its grounded 737 Max jets flying again after crashes that killed 346 people.

BUSINESS

US job growth slow but steady

The Associated Press, Published on 04/10/2019

» WASHINGTON: US employers added a modest 136,000 jobs in September, slightly below forecasts but enough to help lower the unemployment rate to a new five-decade low of 3.5%.

BUSINESS

China confirms new tariffs on US goods

The Associated Press, Published on 23/08/2019

» BEIJING: China on Friday announced tariff increased on $75 billion worth of US products in retaliation for President Donald Trump’s planned increase, deepening a trade war that threatens to tip the global economy into recession.

BUSINESS

Jack Ma takes heat for love of long work hours

The Associated Press, Published on 19/04/2019

» BEIJING: E-commerce billionaire Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer hard work can create massive fortunes in China’s go-go economy.