Ford forecasts $112 mn Q4 loss amid restructuring costs
Ford said Wednesday it expected to post a $112 million loss in the fourth quarter of 2018 as the automaker implements a massive restructuring in the United States and Europe.
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School biology teaching given a helping hand with molecular game and software
Two free interactive platforms that teachers could use to help students learn about molecular biology have been developed by researchers.
Volkswagen to build electric vehicles at Tennessee plant
German automaker Volkswagen said Monday its factory in Tennessee will be the focus of an $800 million investment in the company's manufacturing of electric vehicles in North America, a sign of a growing push into the electric ...
GM sees higher 2019 profits on job cuts, solid US, China sales
General Motors projected strong 2019 profits Friday, fueled by savings from a deep restructuring including job cuts, and by solid sales in the United States and China.
Under pressure to change, Ford is reinventing itself
Struggling with a sagging stock price and sluggish sales, US car giant Ford took steps to regain its footing this week with the announcement of a massive restructuring effort in Europe—even as it prepared for an imminent ...
Gamblers predicted Brexit before financial traders, study finds
International finance markets lagged behind punters having a flutter when it came to getting the Brexit result right on EU referendum night, according to research.
Vodafone says to cut up to 1,200 jobs in Spain
Vodafone said Thursday it planned to cut up to 1,200 jobs in Spain as it streamlines its organisation to cope with a drop in revenue and profits in a fiercely competitive telecommunications market.
Softbank scales back WeWork investment to $2 bn
Japanese technology giant SoftBank has invested $2 billion in shared-office provider WeWork, considerably less than the US start-up was hoping for to fund its expansion.
New York's iconic Chrysler Building up for sale
The Chrysler Building, one of the most iconic structures in New York, has been put up for sale by its owners, Emirati investment firm Mubadala and real estate group Tishman Speyer.
Apple's Tim Cook got big pay bump in 2018: filing
Apple gave its chief executive Tim Cook a hefty 22 percent pay raise in 2018, bringing his total compensation for the year to almost $15.7 million according to a filing submitted to the Securities and Exchange Commission.
