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SpaceX to lay off 10 percent of workforce
(January 12 22:45) Reuters.com Business
Elon Musk's rocket company SpaceX will reduce its workforce by about 10 percent of the company's more than 6,000 employees, it said on Friday.
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India's RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues
Shares of Anil Ambani-led Reliance Communications Ltd (RCom) were locked in the upper circuit on Tuesday after his elder brother Mukesh Ambani helped pay off debt owed to Sweden's Ericsson. ...
(12:35) Reuters.com Business
Hyundai Motor, Kia to invest $300 million in India's Ola
South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform Ola, playing catch-up in the global race to invest in mobility ...
(12:58) Reuters.com Business
Riding with 'Uncle Diego': Uber’s wild drive for growth in Chile
The Uber driver pulled up to the international airport outside Chile's capital. As his passenger jumped into his gleaming Suzuki, he glanced around furtively for signs of trouble.
(13:14) Reuters.com Business
Philippines rejects Go-Jek appeal against ride-hailing license ban
Indonesian ride-hailing firm Go-Jek lost an appeal on Tuesday against the Philippines' decision to refuse to grant it a license due to its failure to meet local ownership criteria, in ...
(13:24) Reuters.com Business
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GM considers options for its Lyft stake following IPO
As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth ...
(02:29) Reuters.com Business
U.S. prosecutors charge former UAW vice president in corruption probe
Federal prosecutors in Detroit on Monday charged a former United Auto Workers vice president with conspiracy to violate labor laws.
(March 18 22:48) Reuters.com Business
Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chief
A merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the head of labor union Verdi said in a media interview on Monday, a day after the ...
(March 18 14:51) Reuters.com Business
Wall Street lifted by tech stocks; Boeing drags on Dow
The S&P 500 and Nasdaq extended last week's gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve's policy meeting later this week for ...
(March 18 22:19) Reuters.com Business
Data shows angle of attack similar in Boeing 737 crashes: source
Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the 'angle of attack' data recorded by the doomed aircraft's ...
(March 18 22:46) Reuters.com Business
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