Business

  • Around 5000 Jobs To Be Sliced By Jaguar Land Rover

    Around 5000 Jobs To Be Sliced By Jaguar Land Rover

    Jaguar Land Rover announced that by the start of next year there will be 5,000 job cuts as part of a major cost-cutting program. Job losses will be part of a £ 2.5 Billion recovery plan that the UK company will set up in January. JLR was hit by falling demand for sedans and diesel engines, reported a loss of…

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  • Trump Says GM Will Have To Pay For Its Mistakes

    Trump Says GM Will Have To Pay For Its Mistakes

    US President Donald Trump lashed out on GM (General Motors) CEO and said that what she did was “nasty”. Mary Barra had recently decided to stop all the production work at 5 places of Northern America with intent to re-model their worldwide business. This step taken by the GM CEO has affected the people working in those facilities and it…

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  • Apple Plans An Investment Of $1Bn For Its New Campus In Texas

    Apple Plans An Investment Of $1Bn For Its New Campus In Texas

    Apple in planning to invest a billion dollar in its new campus that is located in the Austin of Texas, Apple said in its statement which was released on last Thursday. The planned new campus in the North Austin is said to be spreading across 133 acres and will have a capacity of accommodating somewhere around 5k employees in the…

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  • Microsoft 365 Subscription Package For Customers In Progress

    Microsoft 365 Subscription Package For Customers In Progress

    Microsoft is operating to roll out a user edition of its Microsoft 365 package that might be the user-aimed complement to its current Microsoft 365 subscription package for business consumers. The 365 plan by Microsoft for businesses presently comprises packages for Office 365, Windows 10, and Azure for some plans. A job listing seen by Mary Jo Foley (Microsoft watcher)…

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  • VW Plans To Increase Its Production In The U.S By Teaming Up With Ford

    VW Plans To Increase Its Production In The U.S By Teaming Up With Ford

    Herbert Diess, the CEO of automobile giant Volkswagen had a talk with the president of the United States, Donald Trump on the last Tuesday. After the meeting he has announced that the company has several options before it owing to which it can increase the production capacity in the U.S. He has said that potential options before the company in…

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  • Nexstar To Buy Tribune Media For $4.1bn

    Nexstar To Buy Tribune Media For $4.1bn

    Nexstar, American media group, is ready to become the largest local TV stations operator in the country following a deal to purchase Tribune Media for around $4.1 billion. This deal comes 3 months after failure of Tribune’s sale to Sinclair Group because of regulatory hurdles. Sinclair Group is presently the largest local TV operator in US. Although complete details were…

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  • Mike Ashley Wants To Introduce A New Tax On Online Retailers To Save Town Centers

    Mike Ashley Wants To Introduce A New Tax On Online Retailers To Save Town Centers

    Mike Ashley, the owner of Sports Direct has asked for the introduction of a new tax on the online retailers so the town centers can revive at a faster pace. He stated that imposing a new tax on all the retailers result in 20% of the total revenue earned from the online platforms and not just the online operators. He…

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  • Brexit Will Leave UK Poorer, Says Govt Forecast

    Brexit Will Leave UK Poorer, Says Govt Forecast

    Government departments of UK have forecasted that Brexit will make its citizens poorer over next 15 years and the exact extent of drag it will have over the economy depends on how exactly the deal is finalized. According to estimates a no –deal Brexit will cost the economy around £ 200 billion, while other possible outcomes could leave the nation…

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  • Addison Lee And Jaguar To Test Driverless Vehicles In London

    Addison Lee And Jaguar To Test Driverless Vehicles In London

    Information of the “world-leading” programs was disclosed by the Department for Business as it declared the winners of a £25 Million investment initiative. The two Government-supported London plans involve car maker Jaguar Land Rover and taxi company Addison Lee. The first program will set up 15 cars in North Greenwich on 4 taxi services. It will comprise a “go anywhere”…

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  • Bayada Health Care Employees Receive $20 Million From Chairman

    Bayada Health Care Employees Receive $20 Million From Chairman

    For this year, Bayada Home Health Care has something special for its employees to be thankful. On Tuesday, Mark Baiada, the founder of the company surprised his employees with a $20 Million present from his personal treasury. As per the company reports, the bonanza offered will range from $50 for new employees and reach up to tens of thousands of…

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