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19 March
The head of the trading division of Starbucks leaves the company

Tim Scharrer, the head of the trading division of Starbucks Corp., has left the company, becoming the third executive to leave the company within the past month.

27 October 2022
JPMorgan recruits more employees for Asia Pacific units

JPMorgan Chase & Co. starts additional hiring to build teams that will be in charge of card transactions and other commercial payments. The company is recruiting employees for key Asian markets, citing the e-commerce boom.

27 October 2022
India's antitrust regulator fined Google for another $113 million

Google Corporation, owned by the U.S. holding company Alphabet Inc. has been fined $113 million by India.

27 October 2022
Ford losses cause abandoning a full automated driving

Ford Motor Co. reported earnings for the third quarter of 2022, Reuters said. The indicators showed an increased net loss for the company following a burden-shifting from Argo AI's self-driving business.

27 October 2022
Bank of Canada slows down rate hikes

The Bank of Canada unexpectedly slowed its pace of rate amid fears that the economy is flirting with a recession.

27 October 2022
Boeing's recovery from losses in its defense business will take a long time

On Wednesday, Boeing Co. warned about the extended time for its recovery from a disastrous crisis in security and economics.

27 October 2022
Pivotal Research: Netflix stock is attractive amid slowing digital advertising growth

On Wednesday, Pivotal Research increased its target price for Netflix stock almost twice from the previous price, raising it from $200 to $375, and gave a buy rating. According to analysts at Pivotal Research, Netflix is quite attractive to investors at the moment.

27 October 2022
What to expect from McDonald’s quarterly report

On Thursday, McDonald's is expected to release its earnings report for the third quarter of 2022 before the opening of trading.

27 October 2022
Boeing reports unexpected losses on troubled Air Force One program

On Wednesday, Boeing announced it would spend additional $766 million in costs on the deal for new Air Force One aircrafts negotiated in 2018. Under this agreement, the company will build two new presidential aircrafts.

27 October 2022
Ford and Volkswagen are leaving the Argo AI automated vehicle project

Once again, the roadmap for self-driving cars will be rewritten, and this time by Ford Motor Co. and Volkswagen AG.

27 October 2022