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Top News: Business

Saudi Arabia battles market jitters after oil plant attacks

Apo - Saudi energy giant Aramco is battling to reassure markets after devastating attacks on two oil plants, where a prolonged shutdown risks roiling investor confidence ahead of the state-owned giant's mega stock listing, analysts say.

Only minority of managers discuss emotional wellbeing each day

A new report finds that a key component to reducing turnover is addressing the psychological and emotional needs of employees. This relates to a call to develop human-centric workplaces in order to improve retention.

UAW calls strike against General Motors for first time since 2007

Detroit - The United Auto Workers (UAW) union plans to strike against General Motors following the two sides not reaching a tentative deal before a Saturday night deadline. The 49,000 members will go on strike just before midnight on Sunday.

Saudi bourse slumps after oil facility attacks

Apo - Saudi shares slumped at the start of trading Sunday, the first session after drone attacks on two major oil facilities knocked out more than half the OPEC kingpin's production.

Lawsuits filed against Lyft over ‘predatory drivers’ Special

Recent lawsuits have been filed against Lyft for failing to protect women from predatory drivers. Security expert Robert Prigge, President of Jumio provides his thoughts on the matter to Digital Journal readers.

Whole Foods to cut health benefits of part-time employees

Whole Foods, the grocery chain owned by Amazon, is cutting health care benefits for its part-time workers, a move that could leave about 1,900 of its employees without medical coverage. Starting next year.

Q&A: New digital solution for easing third-party delivery Special

As more restaurants opt into online delivery and ditch exclusivity contracts with third-parties, integration solutions are needed to make third-party delivery a painless and profitable venture. Vishal Agarwal, CEO of ItsaCheckmate provides an example.

US opens investigation into Nissan Rogue braking problems

The U.S. government’s road safety agency is investigating complaints that the automatic emergency braking on the Nissan Rogue can turn on for no apparent reason. The probe covers about 554,000 Rogue small SUVs from the 2017 and 2018 model years.

JP Morgan creates 'Volfefe Index' to gauge impact of Trump tweets

Analysts at JPMorgan Chase & Co. have created the "Volfefe index" to gauge the impact of Donald Trump’s tweets on U.S. interest rates, which they say is on the rise.

IMF to discuss loan status with Argentina finance minister: official

Washington - IMF officials will meet with the economic team from crisis-hit Argentina later this month to review the status of the country's massive loan program, an IMF spokesman said Thursday.

Q&A: 5 steps to simplifying product info management Special

Unified product information is crucial to providing the streamlined, consistent omnichannel interactions required in today’s competitive B2B landscape, as Dietmar Rietsch, CEO of Pimcore explains.

FTC begins investigation into Amazon over business practices

Seattle - Amazon is reportedly facing a potential investigation of its marketplace by antitrust officials examining whether it's using its influence to hurt competition.

General Motors recalls over 3.5M pickups and SUVs for brake issue

Under pressure from the federal government, General Motors is recalling nearly 3.8 million big pickup trucks and SUVs in the U.S and Canada to fix a brake problem that has been linked to 113 accidents and 13 injuries.

Nissan seeks clean slate with CEO exit, but challenges remain

Apo - Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn.

Blockchain-oriented Internet technology disrupts telecoms

The B2B telecommunications market is a key indicator of the progress in communications and commerce that the Internet has fueled. The next wave of this development will extend to blockchain.

World Bank's Georgieva poised to become 2nd female IMF chief

Washington - A top executive at the World Bank, Kristalina Georgieva of Bulgaria, is now officially unopposed in her bid to become only the second woman ever to lead the International Monetary Fund, the fund announced Monday.

Crisis-hit Nissan CEO resigns amid pay probe

Kitakata - Nissan's CEO said Monday he will step down next week, deepening the crisis at the Japanese car giant still reeling from the arrest and ouster of former chief Carlos Ghosn's over alleged financial misconduct.

Boeing 777X test halted after reports of cargo door failure

Boeing on Saturday announced it has suspended load testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.

'Rail-Volution' transportation conference opens in Vancouver

Vancouver - Public transit planners and industry experts from around the world have descended on downtown Vancouver, British Columbia this week for the 25th Annual ‘Rail~Volution’ conference on public transit and community development.
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