Amazon Misses EU Deadline for Concessions Over iRobot Deal

Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…

Goodbye, Greta – and hello, Sam. Those flying into next week’s World Economic Forum in Davos, Switzerland are quietly rejoicing that climate activist Greta Thunberg –  a notable fixture at the conference in recent years – isn’t expected to make an appearance this time around, sources told On The Money. Instead, OpenAI boss Sam Altman…

AutomotiveBusiness & Finance 28 November 2023, 4:40 am 1 minute Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the…

Some new unions are facing an unforeseen hurdle as they try to bargain first contracts with big-name employers: getting sued for the names they’ve chosen. Starbucks is the latest company to file an intellectual property lawsuit against its employees’ union. The coffee chain claims that the group, Workers United, is “diluting” the Starbucks brand and…

Forecasting the future is difficult. But here’s an easy prediction: The anti-vaccination movement in the U.S. and globally is going to result in the deaths of more children. This grim portent comes to us courtesy of UNICEF, which is reporting that 30,601 confirmed cases of measles have been reported in Europe and Central Asia this…

Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December. Yet, Wall Street greeted the news with varying levels of enthusiasm….