The company's growth and new CEO
The Intel board hopes that new CEO Pat Gelsinger (VMWare CEO, formerly Intel's CTO) can successfully continue the company's transformation in the current crisis period.
Intel (INTC) announced on Wednesday that it is...
Mars repopulation
Last year, the entrepreneur had already declared his readiness to sell all his assets. Explaining his decision then, Musk said: "Property just drags you down". The media linked such plans of the businessman to his move to Texas.
S...
The world's richest man
Tesla CEO Elon Musk has become the richest businessman in the world. Musk's rise in shares in the electric-car maker has led the Bloomberg Billionaires Index, which tracks the fortunes of the richest peopl...
Online shopping returns
With the New Year just days away and US shoppers hiding gifts under the tree, retailers are preparing for a record-breaking return of gifts bought online during the recent major coronavirus outbreak, writes Yahoo Finance.
If...
Tesla chief's condition
Elon Musk's fortune rose by $7.6bn to more than $150bn on Friday, putting him back in second place on the list of the world's richest billionaires. Tesla shares hit an all-time high ahead of next week's in...
New York Stock Exchange
Uber shares fell 1.5 per cent in the NYSE pre-market after a taxi company said plans to sell its unmanned car manufacturing subsidiary to Aurora Technologies. It is selling a division that was once considered critical to the ...
Make Amazon Pay
The global campaign "Make Amazon Pay", an initiative of a coalition of more than 50 organisations, was launched on Black Friday and includes such requirements of the e-commerce giant Amazon (NASDAQ:AMZN) as improved working condition...
Great prospects
FedEx plans to hire 70,000 temporary workers for the holiday season and also intends to purchase the e-commerce platform ShopRunner, which may partially offset the loss of a customer like Amazon.
Shares of the largest U.S. logistics...
Stock market on Friday
The US stock market concluded trading on Friday in the green zone amid ubiquitous growth in technology and healthcare stocks, which pushed the S&P 500 and Nasdaq Composite indices to new closing records.
Standard Poor's 5...
On the eve of Thanksgiving
Surveys in the US show that 57% of consumers may not go to physical shops this Black Friday due to the risk of COVID-19 contamination. This could i...
Update from Amazon
The Amazon company announced that from December 10, 2020 an updated version of Alexa smart glasses will appear on the shelves. The updated smart glasses have improved sound, battery quality and automatic volume control. In additio...
Ranking of billionaires
SpaceX Corporation founder and head of electric car manufacturer Tesla Elon Musk beat the head of Facebook Mark Zuckerberg in the billionaire rating, both according to Forbes magazine and Bloomberg agency. Both publications c...
For what reason are stock indices growing?
U.S. stock indices rose at the close of trading on Wednesday, with the S&P 500 showing the highest growth in its history for the day after the U.S. presidential election, The Wall Street Journal writes....
What happens to the businesses of wealthy people? The answer to this question can be found in this article.
The state of the world's ten richest people has fallen by 14.4 billion dollars
Following Monday's trading results, only two billionaires of ...
Just three days after announcing that he was “off Twitter for a while,” Musk was back on the platform saying that it’s “time to break up Amazon.”
The Tesla CEO’s outburst came in response to a Thursday tweet&...
The coronavirus pandemic has been bad news for business. But even as some technology companies have been squeezed tight, others have actually seen a boost.
Despite some major PR disasters around privacy and security issues, Zoom's stock pr...
Gap will reopen 800 stores this month, the retailer said Wednesday, as more states allow certain businesses to open their doors during the coronavirus pandemic.
The openings will include Old Navy, Gap (GPS), Banana Republic and A...
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