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Business

SpaceX cuts 10 percent of its staff to become a lower company

Enlarge / Elon Musk, head of SpaceX, made a decision to cut 10 percent of his workforce. SpaceX will produce up to 10 percent of its work force, the company said on Friday night. The company is introducing reducing work as "a strategic fix," designed to ensure it is positioned to succeed for the long term. These were announced to …

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MacKenzie Bezos and the Myth of the Lone Genius Founder

When the award-winning novelist MacKenzie Bezos and his wife, Jeff Bezos, the chief executive and founder of the Amazon, announced on Twitter on Wednesday they had been divorced, Public discussion about uncoupling is rapidly centered on its impact on Jeff's company, and on the net worth of each side. If he and his wife divide their estimated $ 136 billion …

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Unemployment claims by federal workers are increasing

Unemployment claims by furloughed federal workers exceeded more than 400% in the last week of December, according to the latest figures from the Department of Labor. That release shows 4,760 federal employees applying for unemployment during the first week of shutdown, now entering the third week of its recording. Furloughed federal employees are eligible for state unemployment and can file …

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Stock market today: Latest news

The worst can not go for General Electric. Despite GE's GE (2019) stock movements, Gordon Haskett analyst John Inch believes the company's cash flow is likely to remain "highly challenged." as much as 2.5% on Fridays after Inch's target GE price from $ 10 to $ 7. He mentioned a "slower global economy," losing revenue from the sale of its …

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Marijuana Stocks: Aphria CEO Vic Neufeld To Exit; Aphria Stock Falls, Tilray Stock Soars

Canadian cannabis producer Aphria (APHA) on Friday said that CEO Vic Neufeld will exit in the coming months, a decision management insisted had nothing to do with allegations of self-dealing by two short-sellers last month. Aphria stock and other marijuana stocks jumped, especially Tilray (TLRY). X Tilray soared after Privateer Holdings, which controls the company, indicated that the supply of …

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KTLA Returns to Spectrum After Tribune Broadcasting, Charter Communications Reach Deal

Sunset Bronson Studios, home of KTLA, shown in an undated photo. (Credit: Allen J. Schaben / Los Angeles Times) Sunset Bronson Studios, home of KTLA, shown in an undated photo. (Credit: Allen J. Schaben / Los Angeles Times) Tribune Broadcasting and Charter Communications reached a deal early Friday morning, restoring programming, including KTLA, to millions of Spectrum subscribers. The contract …

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Cadillac recommends to announce electric car push, according to the report

(The Cadillac CT6 Plug-In Hybrid will no longer continue after two years of the model.) Cadillac continues to electric … again. The American luxury automaker, recently announced the cutting of its only battery-powered model, the CT6 Plug-In Hybrid, is planning to launch a fully-electric vehicle to take Tesla, the sources are tells Reuters. Cadillac expects the plans for the new …

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Amazon unveils ad-supported IMDb video streaming service

"Customers already rely on IMDb to discover movies and TV shows and decide what to watch," IMDb CEO Col Needham said in a statement. "We will continue to enhance IMDb Freedive based on customer feedback and will soon make it available more widely, including on IMDb's leading mobile apps." Among the titles currently available are seasons of Fringe ] Heroes …

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