Apple shares slide after China government iPhone ban reports
The technology giant's stock market valuation has fallen by almost $200bn in the last two days.
2023-09-08 10:57
American Eagle Outfitters lifts annual revenue forecast on steady demand
(Reuters) -American Eagle Outfitters raised its annual revenue forecast on Wednesday, betting on steady demand for its wide-legged pants, tops
2023-09-07 04:47
America Movil prioritizing peso-denominated debt, CFO says
Mexican telecommunications giant America Movil is looking to increase the percentage of its debt held in pesos, Chief
2023-09-06 22:57
Former CEO of Brazil's Americanas denies knowledge of accounting fraud
By Carolina Pulice Former Americanas Chief Executive Miguel Gutierrez has denied in a letter sent to congressional investigators
2023-09-05 12:22
Brazil Congress proposes market regulations after Americanas scandal
BRASILIA Federal lawmakers in Brazil suggested several measures to boost accountability in the financial market, a report showed
2023-09-05 06:45
American Airlines flight attendants vote to authorize strike - union
American Airlines' flight attendants voted to authorize a strike if the company refuses to agree to "reasonable" contract
2023-08-31 01:46
Piedmont Lithium receives first payment for NAL shipment
Piedmont Lithium said on Tuesday it has received a partial prepayment of $31.6 million for the sale of
2023-08-29 20:22
DOT issues largest-ever fine to American Airlines for tarmac delays
American Airlines is facing the largest-ever fine for keeping passengers waiting on board airplanes during hours-long delays.
2023-08-29 02:16
US fines American Airlines for keeping passengers on tarmac
WASHINGTON The United States on Monday fined American Airlines $4.1 million for unlawfully keeping thousands of passengers on
2023-08-28 22:51
Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO Eric Yuan told staff an all-hands meeting earlier this month that he wants employees to return to in-person work because Zoom is making them too “friendly” and unable to build trust. “Over the past several years, we’ve hired so many new ‘Zoomies’ that it’s really hard to build trust,” Mr Yuan says in the audio, which was obtained and first reported by Insider. “We cannot have a great conversation. We cannot debate each other well because everyone tends to be very friendly when you join a Zoom call.” Mr Yuan’s thoughts were accompanied by action: On 3 August, Zoom instituted a new policy requiring employees who live within 50 miles of a physical Zoom office to report to work at least two days per week. The return to the office policy at Zoom is striking considering that it was the Covid-19 pandemic and resulting stay-at-home orders that turned the platform from one few people had ever heard of to a part of everyday life for millions. But Mr Yuan is not alone among senior executives at tech firms. Apple, Meta, and Amazon have all instituted return-to-work policies in recent months, angering employees who have enjoyed the increased flexibility afforded by work-from-home policies. Since Covid-19 vaccines have facilitated the re-opening of the economy, workers and bosses in many sectors have clashed over the importance of in-person work and the ability of companies to exercise control over their employees whereabouts and schedules. Some, like Zoom and a number of other tech companies, have adopted hybrid policies in which workers are required to come into the office on certain days of the week but are allowed to work from home on others. But even those companies have faced backlash from workers, many of whom were hired at a different stage of the pandemic when most or all work at their respective companies was being conducted remotely. Mr Yuan’s comments, which were not meant for public consumption, may provide a measure of insight into how he and other top executives truly feel about Zoom and remote work more broadly — suggesting that it somehow limits innovation by not allowing for the sometimes uncomfortable kinds of interactions that can build trust. Mr Yuan, who was born and raised in China, moved to Silicon Valley during the late 1990s. He founded Zoom more than a decade ago and became a multibillionaire during the pandemic. Read More Maui residents are still reeling from wildfire devastation. Now investors and realtors are trying to cash in
2023-08-25 03:16
Ex-CEO of Brazil's Americanas says he did not expect to lead bankrupt firm
The former head of Brazilian retailer Americanas quit two weeks into the job because he had not expected
2023-08-23 06:48
Ecuador extends contract with America Movil during renewal talks
By Alexandra Valencia QUITO Ecuador's government on Tuesday said it will extend its contract with Mexican telecommunications giant
2023-08-23 06:24