Minnesota state charges oil companies as guilty of conducting deceitful global warming campaign to keep the public in the dark. Last week, Minnesota state has filed a case of lawsuit against three companies, namely Exxon Mobil Corp, Koch Industries and the American Petroleum Institute. The charges...

Ford evaluates its global online presence as it halts its social media advertisement in the U.S. Today Ford Motor Co has informed that for the coming thirty days, it will be putting on hold its social media based advertisements in the U.S. as a part of a movement by a group of companies who have...

German business just had a particularly bad week.   While an accounting scandal resulted in the collapse of one of the biggest public companies of the country, another company was a forced to pay billions in damages. And a leading family-owned meat packing firm was dragged into controversy...

After being launched earlier this month, the “Stop Hate for Profit” campaign is now being taken global.   Organizers of the Facebook Inc advertising boycott campaign, which has already got support form a growing number of major businesses and companies, are now getting ready to appeal to...

Brussels will demand an audit against the German Federal Financial Supervisory Authority (BaFin) for non-compliance with its responsibilities for the supervision of fintech company Wirecard AG, the collapse of which threatens investor confidence in the EU, Financial Times reports. Valdis...

Microsoft announced plans to close all its physical stores as part of a new approach to retail. The company is expected to reserve $ 450 million, or $ 0.05 per share, in the fourth fiscal quarter for write-offs and impairment of assets. The company suspended its Microsoft Store in late March due...

SoftBank sees a successful merger and a hike its value after taking beating and heavy debt loads. The C.E.O of SoftBank Group Corp, Masayoshi Son defended his “investing decisions” by saying that the “Japanese conglomerate’s holdings” has managed to recover its values to the levels of...

Tesla is trying to be self-sufficient in manufacturing the “most expensive components” of EV. Tesla Inc has plans of creating a “battery research and manufacturing facility” in California’s Fremont. The said facility will be equipped to operate “around the clock”, while it is being called as...

US Macy's Inc. announced downsizing of 3,900 jobs amid the crisis caused by the COVID-19 pandemic. The cuts, which will affect about 3% of the company's staff, excluding seasonal workers, will be carried out both among management and among ordinary employees, according to a Macy's press release. In...