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Top News: Business

Oil plunges 5 percent over US-China trade war and stockpile surge

Wall Street is finally coming to grips with the idea that the US-China trade war is going to get much worse before it gets better. The DOW fell nearly 300 points today, dragging oil prices down 5 percent, while China-sensitive stocks took a tumble.

British Steel collapses into insolvency — 25,000 jobs at risk

British Steel, the UK's second-largest steel producer, has collapsed after failing to secure emergency government funding, jeopardizing some 25,000 jobs, Britain’s Official Receiver said on Wednesday. completes $1.5 million seed round, which is a machine learning and predictive AI provider, has announced the close of its $1.5 million seed funding round. The company develops new technologies for the finical services sector, harnessing predictive analytics.

Q&A: Travel startup paves way for industry consolidation Special

Travel startup VacationRenter uses an AI platform to consolidate vacation rental listings from the top sites into one place so travelers can save time booking and rest assured they’ve found the best rental. We look into this disruptive technology.

Q&A: Gen Z has zero tolerance when job searching Special

If a company does not have up-to-date human resources technology then it may be losing out on an entire generation of applicants. A new survey finds 54 percent of Gen Z candidates won’t apply if a company’s recruiting methods are outdated

Q&A: How blockchain is disrupting real estate Special

Blockchain is changing the way transactions happen, and one area where the use of digital ledger technology is being taken up is real estate. Jeffrey Berman from Camber Creek provides some insights.

Little Caesars first national pizza chain to add meat substitute

Detroit-based Little Caesars — the pizza chain that just brought back its bacon-wrapped pizza and Five Meat Feast pizza, announced Monday it's partnered with Impossible Foods and will test market the Impossible Supreme pizza.

Ford Motors cutting 7,000 white-collar jobs worldwide

Ford is cutting 7,000 white-collar jobs, or about 10 percent of its salaried staff worldwide, as part of a cost-cutting effort it says will save the company about $600 million a year.

Tips for improving chatbot design and functionality

Chatbots are aiding business to automate services and customers are becoming more familiar using them. However, to derive maximum business efficiency, chatbots can be better designed according to a leading expert.

EU firms 'caught in crossfire' of US-China trade war

Bejing - European firms are "caught in the crossfire" of the US-China trade war and fewer are optimistic about their future in the world's second-largest economy, a business survey showed Monday.

Op-Ed: Hey Tesla! What exactly IS happening?

Palo Alto - Elon Musk may have the mystic ability to jump off the nearest cliff and land in a gold mine on a regular basis, but it’s the business and employees under stress. Markets don’t like it, and the Tesla “living on the edge” image is getting stale.

Op-Ed: Pinterest stocks fall — ‘Elusive profit’ problem fixes?

San Francisco - Pinterest, despite its popularity, is having trouble turning a profit. The latest figures show reduced losses, but the market wasn’t impressed, and devalued the stock by 17 percent after a pretty spectacular 62 percent rise since listing in April.

Canada aims to ratify trade deal after lifting of tariffs

Ottawa - Ottawa plans to proceed "full steam ahead" on ratification of a free trade agreement with the US and Mexico, Canada's foreign affairs minister said Saturday, after the neighbors scrapped reciprocal tariffs on steel and aluminum imports.

Facebook's privacy issues spell hiring trouble

Given the scandals that have rocked the company in the past year, would you want to work for Facebook? The answer is seemingly 'no', or at least declining as an option among new graduates and experienced professionals, according to a new survey.

1 in 5 professionals will illegally download GoT finale at work

The use of work computers for entertainment services is proving challenging for IT departments. This comes as a survey finds 1 in 5 professionals will illegally download the current season of Game of Thrones and Avengers: Endgame on their work computers.

Tesla claims it will run out of cash in 10 months and needs cuts

Tesla CEO Elon Musk told his employees that the company will run out of cash in about 10 months unless there are hardcore cost-cutting moves, according to a email to all staff obtained by Reuters and Electrek.

Q&A: Is Apple's cloud service now threatened by Google? Special

Google's new cloud service Anthos is aimed directly at Apple's, signalling a new round of 'cloud war's, according to Todd Matters of RackWare. Google has also premiered its new cloud-reliant video game platform, Stadia.

Trump lifts steel, aluminum tariffs on Canada, Mexico

Washington - President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.

Q&A: How Dell Technologies beat its sustainability goal Special

At the start of the year Dell Technologies reached their 2020 goal of recovering two billion pounds of used electronics, and the tech company continues to push the sustainability agenda. David Lear, VP of Corporate Sustainability explains more.
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