Business

<!-- -->Twitter closed its offices yesterday after hundreds of employees resigned.New Delhi: A day after hundreds of Twitter employees decided to resign, owner Elon Musk sent an SOS to the staff: Anyone who writes software, please report to the 10th floor at 2 pm today. Musk, in an email, asked software engineers to fly to San Francisco…

China could reportedly reopen border with Hong Kong before Lunar New YearChina may scrap quarantine requirements for Hong Kong residents traveling to the mainland before Lunar New Year next month as part of the latest slew of reopening measures, South China Morning Post reported, citing official sources familiar with the matter.The proposal…

CNN  —  Dolly Parton is the latest recipient of the Bezos Courage and Civility Award. “Jeff and I are so proud to share that we have a new Bezos Courage and Civility Award winner — a woman who gives with her heart and leads with love and compassion in every aspect of…

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Investors will turn to the November jobs report Friday morning. X A Tesla Semi truck delivery event is taking place Thursday night with Tesla (TSLA) archrival BYD set to release booming EV sales numbers. The stock market rally showed solid…

Updated Jan. 25, 2022 9:14 am ET U.S. stock futures dropped, putting markets on course for another day of bumpy trading, as investors awaited the Federal Reserve’s policy meeting and parsed a docket of earnings. S&P 500 futures fell 1.5%, while…

<!-- -->Elon Musk had fired half of Twitter's workforce days after taking over the company.New Delhi: Elon Musk, Twitter's new owner, is considering laying off more employees, just weeks after he laid off half the company's workforce, reports Bloomberg. The company's operations have also been impacted after a staff exodus over Elon Musk's…

The rental car company Hertz Global Holdings, Inc. announced on Monday that it would pay about $168 million to settle disputes with hundreds of customers who claim they were falsely accused of vehicle theft.The company, which filed for bankruptcy in 2020, occasionally recorded certain vehicles as stolen, even after customers had extended and…

Markets in Asia Pacific fell sharply during morning trade, with Australia's S&P/ASX 200 and Japan's benchmark Nikkei (N225) sliding 2.9% and 1.9%, respectively. South Korea's Kospi (KOSPI) dropped 2.3%. Chinese markets were more muted, with the benchmark Shanghai Composite (SHCOMP) Index down 0.7%. Hong Kong's Hang Seng Index (HSI) fell…

New York CNN Business  —  Bob Iger was back at Disney headquarters on Monday to meet with employees for the first time since surprising the media world by returning as the company’s CEO last week. Iger discussed multiple issues facing the company including Disney’s…

The White House’s chief energy adviser has described as “un-American” the refusal of US shale investors to ramp up drilling, even as Moscow’s invasion of Ukraine causes havoc on global oil and gas markets.US oil groups have been under pressure from Wall Street to funnel record profits back to investors this year, despite repeated calls by…