Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort, the Wall Street Journal reported on Friday, citing people familiar with the matter.
In just six weeks, Boeing Co went from seeking government aid to announcing it no longer needed it.
The fashion industry has been making far too much for far too long. The COVID-19 pandemic is changing that, says the Financial Times' Lauren Indvik.
We may see an L-shaped greater depression later in this decade even if there is lacklustre economic recovery this year, says economist Nouriel Roubini.
With COVID-19, our eating habits have changed – where we used to converge for meals, we now order in. This new world betrays a generational divide, says Crispina Robert.
Exxon Mobil Corp and Chevron Corp are slamming the brakes on oil output, as the top two U.S. producers plan for combined global shut-ins of 800,000 barrels per day in response to plunging crude prices and fuel demand.
THE novel coronavirus, or Covid-19, is posing challenges for auditors when judging whether a company can continue trading as a going concern for the next 12 months.
British aero-engine maker Rolls-Royce Holdings Plc is planning to slash up to 8,000 jobs, the Financial Times reported https://www.ft.com/content/027ce53d-8770-48a6-ba7b-000d979033b0 on Friday.
SAN FRANCISCO/WASHINGTON: A half-hour staff meeting in a secure location. A 40-minute consultation with an infectious disease specialist. Multiple days of "unscheduled telephone calls from home with staff and other government officials," including Saturdays and Sundays. These are just a few of ...
Uber Technologies Inc was ordered by a U.S. judge on Friday to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices stifled competition, and drove rival Sidecar Technologies Inc out of business.
