In an internal note, Amazon.com Inc’s Senior Vice President Jeff Blackburn said, he is leaving the company after having spent 22 years in the company. Blackburn used to oversee Amazon’s mergers and acquisitions division; he has been on a sabbatical… Read More ›
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
In a statement, Robert Sumwalt, the chairman of the U.S. National Transportation Safety Board (NTSB) stated, according to a preliminary assessments, the damage to the fan blade in the Pratt & Whitney engine which failed in the United Airlines Boeing… Read More ›
With the aim of enhancing diversity at the workplace, the fats food chain McDonald’s has set a target of achieving equality in terms of number of men and women in leadership roles at the company. Additionally, over the next four… Read More ›
Discovery Inc said on Monday it expects to have 12 million global paid streaming subscribers by the end of this month, as coronavirus-led restrictions kept people home and fueled streaming subscriber growth. Launched in January, discovery+ houses 55,000 episodes from… Read More ›
On Monday, Britain is set to call on the United Nations to ask China to give “urgent and unfettered” access to Xinjiang to investigate reports of abuses in the Chinese region. The development is also set to mark Britain’s return… Read More ›
In a development that marks China capitalizing on the coronavirus-driven COVID-19 pandemic, the Chinese government has made an investment in BGI Genomics Co, a Chinese listed company that supplies millions of COVID-19 tests globally. BGI is seeking to fund exponential… Read More ›
The U.S. Federal Aviation Administration has issued an emergency airworthiness directive following an engine failure on a United Boeing 777 in Denver, requiring immediate or heightened inspections of similar planes. In a statement late on Sunday, FAA Administrator Steve Dickson… Read More ›
In a significant development that underscores the fact that the previous Administration efforts aimed at countering China’s exploitive trade practices have indeed hit their targets, senior Chinese diplomat Wang Yi has called on the Biden Administration to reopen dialogue with… Read More ›
According to a report from the Wall Street Journal, a group of activist investors who have a stake of around 9.5% in Kohl’s Corp is attempting to take control of the department store chain’s board. The activist investors include Ancora… Read More ›
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