According to a new report, millions of people could be in danger of being affected by the risks of shifting towards a completely cashless world. While large tech companies such as Apple believes that in the near future, there would… Read More ›
Day: December 19, 2018
UK Court Dismisses Uber’s Appeal On Employment Rights Of Its Drivers
Judges in the United Kingdom struck down an appeal by the ride hailing company Uber against a historic ruling by the employment tribunal of the country which mandated that the drivers of Uber would have to be recognised as workers… Read More ›
France’s Bristol-Myers Squibb Co receives $1.6 billion offer from Taisho Pharmaceutical Holdings Co Ltd
The Japanese healthcare firm wants to acquire Bristol-Myers Squibb’s over-the-counter drugs business. On Wednesday, France-headquartered Bristol-Myers Squibb Co has received an offer from Taisho Pharmaceutical Holdings Co Ltd, a Japanese healthcare firm, to acquire its over-the-counter drugs business UPSA for… Read More ›
Elon Musk’s The Boring Company unveils proof-of-concept tunnel
The tunnel has been excavated along a path that runs beneath the municipality of Hawthorne, where The Boring Company is headquartered. In a significant development, Elon Musk’s The Boring Company, has unveiling its first tunnel, a proof-of-concept 2-mile (3.2 km)… Read More ›
Bankrupt U.S. retailer Sears Holdings Corp takes a hit of $443 million in store closure charges in the third quarter
Some charges remain to be booked in the 4th quarter. According to a regulatory filing, bankrupt U.S. retailer Sears Holdings Corp will take a $443 million charge on account of the closures of its stores. Sears stated, some of the… Read More ›