US import prices rose more than expected in August
US import prices rose more than expected in August as inflation pressures expand, according to a report from the Labor Department.
The department's report comes...
Google and BBC abandon their respective VR projects
The BBC has broken up its team for creating virtual realty (VR) content while Google has stopped selling its Daydream View VR headsets.
The BBC...
Uber updates coronavirus pay policy to include preexisting conditions
Uber has updated its coronavirus pay policy to include drivers and delivery workers with preexisting health conditions in the group eligible for financial assistance.
Ride...
Facebook launches $40 million grants program for Black-owned businesses
Social media giant Facebook has announced a $40 million grant program for Black-owned businesses affected by the coronavirus pandemic.
Under the $40 million grant program,...
Epic Systems employees can work from until the end of 2021
Epic Systems employees can work from until the end of 2021, according to an announcement from the health tech company.
Epic Systems initially planned that...
Travelers holding Starbucks holiday cups to get “priority boarding”
Starbucks holiday cups have been recently unveiled, and travelers seen holding them at Alaska Airlines will get "priority boarding."
The airline and the popular coffee...
Boeing reports record loss of over $11.9 billion in 2020
Aircraft manufacturer Boeing has reported a record net loss of more than $11.9 billion in 2020 after pushing the launch of its 777X plane...
Coronavirus Updates: Facebook to give $1,000 bonus to all employees
Social media giant Facebook will be giving each of its employees a $1,000 bonus to help support them during the coronavirus outbreak.
Facebook said the...
Nike reports stronger Q1 FY2020 due to its digital sales strategy
Footwear and apparel company Nike reported higher earnings for the first quarter of fiscal 2020 following its "Consumer Direct Offense" digital sales strategy.
Nike posted...
Superdry founder Julian Dunkerton ‘pleased with progress’ despite loss
Superdry founder Julian Dunkerton has expressed that he is "pleased with progress" the fashion retailer has accomplished despite reporting a half-year loss.
Superdry founder Julian...