A court in Denmark ordered the fugitive former car executive Carlos Ghosn to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in relation to a case that he had brought. At the core of this… Read More ›
Day: May 21, 2021
Cellphone Fee Drop Offsets Input Costs As Consumer Price Fall Continue In Japan
A record drop in cellphone fees offset the rise in energy prices in Japan in April resulting in the country recording the ninth straight month of a drop in core consumer prices. This suggested that the economic recovery of the… Read More ›
Tesla could establish presence in Russia: Elon Musk
On Friday, while adding an event via a video link, Elon Musk said Tesla was close to establishing a presence in Russia and was looking at options to see whether it could open a factories in the country. While Tesla… Read More ›
First quarter revenues of private jet company Wheels Up jumps by 68%
In a statement Wheels Up, a Private jet company, reported a whopping 68% jump in its first quarter revenues as well as a 56% bump in its active members, as a result of consumers opting to fly private due to… Read More ›
Byron Allen sues McDonald’s Corp for $10 billion for racial discrimination in allocating ad dollars
McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
China selectively bans Tesla vehicles from government compounds
Two sources familiar with the matter at hand have stated, the Chinese government has told its employees not to park cars made by Tesla Inc inside select government compounds due to cameras being installed on the vehicle. So far, it… Read More ›
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