Ford Motor Co announced on Tuesday that it will now require all US-based employees to submit their vaccination status against COVID-19. With a deadline of October 8th, this requirement is mandatory for both salaried and hourly employees.
The company has decided to take a stricter approach to health guidelines after...
Electric vehicle startup Rivian has announced its decision to open a service support operations facility in Plymouth, Michigan, as deliveries for the company's launch edition of the R1T pickup are expected to begin later in the month. This comes after the Midwestern automaker decided to launch its initial public...
Cruise company Carnival Corp. has endured a challenging return to normalcy following the challenges posed by the coronavirus pandemic. The company posted its latest adjusted quarterly earnings on Friday, exhibiting a $1.99 billion loss.
This loss is highly attributed to the cruise line's efforts to re-equip itself with the necessary...
Japan announced on Tuesday that it will donate an additional 1.3 million doses of coronavirus vaccines to Taiwan and other neighboring countries. The additional AstraZeneca Plc doses (approximately 500,000) will bring Japan's total donations to the island to 3.9 million, Foreign Minister Toshimitsu Motegi told reporters.
According to sources in...
General Motors Co's venture capital arm has decided to invest in Oculii, a startup aimed at making software for radar sensors in self-driving cars. The news was announced by Oculii co-founder Steven Hong.
According to Reuters, this investment will give GM the opportunity to use Oculii's software to upscale the...
Following a sharp employment slowdown during the month of June, the U.S. Department of Labor announced that July saw the emergence of a record number of job openings across all industries.
According to the data, the number of job openings soared from 749,000 at the start of the month to...
Following Saudi Arabia's decision to deeply slash contract prices for Asia over the weekend, oil prices fell by $1 earlier this week. While futures fell by 98 cents, a margin of 1.4%, U.S. West Texas Intermediate crude was down 95 cents, or 1.4%. This brings the prices down to...
In an effort to entice buyers into more sales, Saudi Arabia has decided to decrease the prices for oil sales to Asia over the next month. This comes after three months of constant price hikes on all grades in the Asian market.
The price decrease comes after the OPEC+ decided...
Mexican grocery delivery startup Justo has decided to enter Brazil, placing an initial investment of $40 million into its expansion efforts into the new market.
Prior to taking on the decision to launch in Sao Paolo, Justo raises over $100 million in funds to expand in Mexico, its original market....
Oil futures on the NYSE exceeded a price of $70 per barrel for the first time in nearly a month, thanks to sustained investor confidence. There seems to be a widespread consensus that the oil market can withstand blows resulting from additional supply from OPEC+ as well as the...