The group of producers comprising the Organization of the Petroleum Exporting Countries (OPEC) and allies including…
Tag: business
China denounces Walmart for ‘stupidity’ after Sam’s Club was accused of pulling Xinjiang products
The firestorm began late last month when people on Chinese social media began accusing Sam’s Club,…
Tesla just opened a new showroom in China’s Xinjiang region
The region has become a major geopolitical hotspot in recent years, and a key source of…
GM was America’s largest automaker for nearly a century. It’s about to be dethroned by Toyota
It’s yet another sign that US automakers have lost their dominance in their home market. As…
AT&T, Verizon CEOs reject US request for 5G deployment delay
US Transportation Secretary Pete Buttigieg and Federal Aviation Administration chief Steve Dickson had asked AT&T CEO…
Spirit Airlines to double flight attendant pay through January 4
That hesitancy, combined with bad weather and tight staffing, has led to over 8,000 flight cancellations…
Two of America’s biggest banks return to remote work to start 2022
In a memo obtained by CNN, Citi (C) asked its US employees to work from home…
Bernie Sanders: Pay your workers better. Warren Buffett: That’s not my job
Sen. Bernie Sanders wrote a letter to the Berkshire Hathaway CEO, requesting that he intervene in…
Ikea is raising prices by 9% in 2022
Ikea said prices at its stores will increase by an average of 9% around the world…
Hong Kong’s flagship airline says strict new quarantine rules could cause ‘dramatic’ supply chain disruptions
Cathay Pacific’s note of caution came as the Hong Kong government announced that, from Saturday, all…
