While the European plane making giant Airbus is temporarily halting production at two of its production sites in order to address health and safety of its employees in the wake of the coronavirus pandemic in Europe, Boeing and other aviation… Read More ›
Day: March 17, 2020
AI To Monitor Content On Social Media As Virus Pandemic Forces Many Staff To Go Home
With many of their employees choosing to and are being allowed to work from home because of the coronavirus pandemic, major websites of the world are now turning to automatic systems to moderate content. Artificial intelligence and automated tools are… Read More ›
Amazon Inc to hire 100,000 workers to meet surge in demand
With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
ASIC files lawsuit against Commonwealth Bank of Australia’s pension unit for deceptive product communication
On Tuesday, Australia’s corporate regulator stated, it has filed a civil lawsuit against Commonwealth Bank of Australia’s pension business for deceptive product communication. “Product communication by Colonial First State Investments between March 2014 and August 2016 hindered customers of the… Read More ›
PG&E Corp wins approval for $23 billion bankruptcy turnaround plan
PG&E Corp, a power producer, stated, it has won an approval from a bankruptcy court to use up to $23 billion in financing after California Governor Gavin Newsom dropped his opposition to those financing commitments. According to its filing, the… Read More ›
Fast Retailing to close 50 Uniqlo clothing stores in the U.S. due to Wuhan coronavirus
On Tuesday, Japan’s Fast Retailing stated, it will be closing of its 50 Uniqlo clothing stores in the United States temporarily due to the Wuhan coronavirus outbreak. The move comes midst other retailers including Lululemon Athletica Inc, Nike Inc and… Read More ›