Category: News

Amazon has prevailed in the union vote and fended off an attempt to set up the company’s first US union, but labor advocates remain hopeful of building on the high profile fight to bring about broader change, CNN reported. Amazon Wins Vote Against Unionization The final vote tally in Amazon’s 1,798 vs 738 win was…

The United States infrastructure had been built around cars, says Angie Schmitt, Cleveland-based urban planner and writer, in an opinion piece she wrote for CNN. She added the car paradigm was integral to all US funding formulas, culture, and institutional norms, which was the outcome of the design of the US transportation system. Biden’s Infrastructure…

Controversy over AstraZeneca’s vaccine for Covid-19 had some investors worried about its stock, Jefferies said, but the news was not all bad for the British pharmaceutical company, CNBC reported. Analysts Shrug Off AstraZeneca Controversy, Hold Upbeat Outlook On Company’s Promising Pipeline The Philippines, Australia and the African Union had become the latest to either abandon…

The US economy could be entering a golden era of growth, however the coronavirus pandemic and higher prices still presented risks, CNN reported. US Economy Poised For Golden Era Of Growth According to JP Morgan Chase CEO Jamie Dimon who wrote a letter to shareholders this week, it was possible that the US economy would…

The Baltimore plant, that recently had to discard 15 million Johnson & Johnson doses due to mishandling of ingredients, had always disregarded rules and deemphasized errors, according to investigations, ex-workers and clients.  U.S. Invested In A Leading Vaccine Manufacturer Despite Worrisome Signs Over eight years ago, the government ploughed money into an insurance policy against…

Financial technology firm Plaid announced a $425 million Series D funding round, on Wednesday which would more than double the total amount the company raised by the company since its 2012 founding, CNN reported. Fintech Firm Plaid Announces $425 Million Series D Funding Round CNN cited a source close to the company saying that the…

The International Monetary Fund, on Tuesday said, President Joe Biden’s $1.9 trillion stimulus package would boost the US economy, powering faster global economic growth in this year, CNN reported. It added however, that many countries would continue to suffer from the pandemic and ran the risk of lagging behind. US economy On Track For Fast…

With the United States and Chinese economies picking up the outlook was upbeat on positive signs of a turnaround, CNN reported. However, economists focused on other economies around the world had concerns. US Recovery Outlook Brightens But Global Economy Still Struggling According to Kristalina Georgieva, the managing director of the International Monetary Fund, while there…

LG was exiting the smartphones business as it was incredibly competitive, CNN reported. The South Korean tech giant on Monday, announced that it intended to close down its mobile phone unit over losses through the years, which, according to commentators, would end its trailblazing run in the Android world. LG To Exit Smartphones Business According…

John Kerry, the climate envoy of the Biden administration told CNBC on  Sunday that the climate crisis  was beyond any single country’s  power to solve and the  American push for greater research and development on climate change was not aimed at countering China.  Climate Crisis Not For One Single Country To Solve: John Kerry US…