The founder of SpaceX and Tesla Elon Musk told The New York Times that he is forced to spend 120 hours a week at work. Because of this, Musk began to have problems with sleep and excessive fatigue. People close are concerned about his health condition. According to Musk, the past year has become...

The manufacturer of antivirus software Symantec will lay off 8% of employees in order to improve profitability of the business. Symantec lowered its annual revenue forecast, as the antivirus company had much less deals than expected. In addition, to increase profitability, the developer intends to...

After Audi, BMW now announces the plan of building factory for electric car production which will also serve dual purpose. According to the information provided by BMW, the company is ready to invest around “1 billion euros”, which equals to “$1.17 billion”, to build a new factory for cars that...

Audi will manufacture engines for its entire range of “e-tron models” in its Hungary based unit. Audi’s Hungarian plant will be getting into the “serial production” of electric engines, revealed the luxury car manufacturer vide a statement on Tuesday, July 24, 2018.   According to the...

During March and April 2018, 240 employees of the New Zealand financial company Perpetual Guardian, managing legacies and trust funds, have been involved in an experiment. They were working four days a week and were very pleased with the results. The number of employees who consider that it is...

The head of Amazon Jeff Bezos once again became the richest man that ever walked on the earth. But even a fortune of $ 151 billion does not guarantee that all the problems that have accumulated in numerous billionaire companies will disappear. Amazon.com is the largest company in the field of...

According to a tech analyst, the tweets by Tesla chief Elon Musk detract from his mission.   The world needs to see the real Elon Musk.   "The public perception of Elon Musk more recently is he is thin-skinned and short-tempered," said tech analyst Gene Munster in an interview with...

Mottas to explore “other opportunities” in UBS. There are a quite few shuffles lined up for Swiss bank UBS in the coming months as the bank has plans of changing the Luxembourg wealth management’s leaders in the month of October as the said region seems to undergo changes. Moreover, the bank will...

On Metro’s Real, the chief executive says that the company is “successfully set up for the future”. The C.E.O of Retailer Metro, Olaf Koch, informed that the company is not planning to sell Real, “its German hypermarket chain”.   Metro’s expansive business reach was being restructured...