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Business & Finance
Draghi Has Entrenched His Influence Even If Coalition Falls
A warmer-than-usual Roman summer season has produced a political conflagration. Mario Draghi has had sufficient of disunity in his “national unity” authorities and supplied his resignation. It’s not been accepted, however Draghi’s impulse…
Netflix Shouldn’t Take a Victory Lap Just Yet
Netflix Inc. has proven an uncanny skill up to now to bounce again from an unexpectedly poor displaying in a single quarter with a better-than-projected consequence the following time round. And so it was on Tuesday: After alarming…
Rajeev Misra Must Be Doing Something Right
Everyone desires a Rumpelstiltskin of their lives, spinning straw into gold. So when Softbank Group Corp’s Rajeev Misra comes knocking in your door wanting for a couple of billion {dollars}, you’re in luck.
The former Deutsche…
Twitter posts surprise drop in revenue amid battle with Elon Musk
Twitter on Friday reported a surprise revenue decline and steep losses in the second quarter, citing the powerful financial setting and its battles with Elon Musk.
The firm mentioned it introduced in $1.18 billion in revenue ― a 1 p.c…
WWE Chairman Vince McMahon retires amid sexual misconduct probe
Vince McMahon, the chairman and CEO of World Wrestling Entertainment, is retiring from his roles, he announced Friday.
The news about McMahon, who is credited with bringing pro wrestling to the national stage, comes after the company’s…
Enforcement Directorate seized movable properties in the case of Nirav Modi in Hong Kong
Today, the Directorate of Enforcement (ED)provisionally attached movable properties i.e., Gems and Jewelleries and Bank Balances in the case of Nirav Modi group of companies in Hong Kong. The total amount of these seized movable properties…
Nokia expects chip shortage to ease in second half of 2022
Nokia, the Finnish telecom equipment maker mentioned that it expects global semiconductor shortage to ease later this year. It reported quarterly operating profit that overcame market expectations, boosted by solid demand for 5G…
Snapchat’s parent company shares have fallen to a tune of 35% due to slow growth of its revenue
A day after the business released poor second-quarter data, shares of Snap plunged 35% on Friday.
Snap’s top and bottom line results fell short of Wall Street projections, and the company announced it will restrict recruiting. The…
U.S. House ends process that could have closed Northampton VA Medical Center
NORTHAMPTON — The U.S. House of Representatives voted Thursday, approving U.S. Rep. James McGovern’s amendment eliminating a commission that recommended closing the Edward P. Boland VA Medical Center in the Leeds section of Northampton.
…
Chipotle permanently closes down Maine store that filed to unionize: ‘We’re calling this union…
Chipotle is closing a Maine store that had been leading efforts to unionize the chain.
Employees at the Augusta, Maine, Chipotle filed a petition with the National Labor Relations Board in June asking to hold a union election at the…